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Barrick Gold suspends operations in Mali
Barrick Gold suspends operations in Mali after government seizes gold stocks
Barrick Gold Corporation has halted its operations in Mali after the government seized gold stocks worth $245 million Cdn from the company's Loulo-Gounkoto complex.
Mali holding seized Barrick gold at state-owned bank BMS, sources say
Mali's military government is holding gold seized from Barrick Gold's Loulo-Gounkoto mine site at state-owned Banque Malienne de Solidarite (BMS), two sources said, as the miner pursues plans to suspend its operations in the country.
Mali seizes 3 tons of gold from Canadian company Barrick amid dispute over share of revenue
Mali’s military government has started seizing gold stocks of the Canadian mining company Barrick as part of a legal battle over the share of revenue owed to the West African state, according to an internal Barrick letter seen by The Associated Press.
Mali starts seizing gold stockpiled at Barrick's Loulo-Gounkoto mine
Barrick Gold faces turmoil in Mali as government reportedly executes a provisional order to seize gold stockpiles, threatening operations at Loulo-Gounkoto mine.
Gold miner Barrick threatens to freeze Mali operations in escalating dispute
Canada's Barrick Gold said on Monday it would suspend operations in Mali if the country does not lift restrictions on gold shipments within the coming week, as the mining group faces what sources told Reuters amounted to a confiscation order.
Options Traders React to Barrick Gold's Mali Setback
Barrick Gold (GOLD) stock is seeing a barrage of options activity after the company suspended operations in Mali
Barrick suspends Mali operations after $245M in gold seized
Barrick Gold suspends mining operations in Mali after government seizes gold stocks from Loulo-Gounkoto complex and flew them out by helicopter over the weekend.
Barrick confirms suspension of Mali operations, seizure of gold
Canada's Barrick Gold on Tuesday confirmed it had suspended operations in Mali and that the government had moved gold stock from the miner's Loulo-Gounkoto site to a bank.
Barrick Gold Temporarily Halts Mali Operations
Barrick Gold has temporarily halted operations in Mali after the government seized the miner's existing gold stock from its site and continues to block the shipments of gold.
Mali Authorities Seize Gold in Dispute with Barrick Gold
Malian authorities have confiscated about 3 metric tons of gold from Barrick Gold's Loulo-Gounkoto mining site due to an ongoing dispute. The gold, valued at $245 million, is now held at Banque Malienne de Solidarite.
Barrick to suspend operations in Mali after gold seized
Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company's Loulo-Gounkoto complex and flew them out by helicopter over the weekend.
Bloomberg L.P.
4d
Barrick Suspends Mali Gold Operations as Standoff Escalates
Barrick
Gold
Corp. said it’s suspending mining operations in
Mali
after the government started removing
gold
from the nation’s biggest mine in the latest escalation of a months-long dispute.
11h
Canadian mining team appends activities in Mali
Canadian mining giant Barrick Gold has announced a suspension of its operations in Mali due to a protracted dispute with the ...
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