Jan 14, 2025 · Toronto – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) today confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali.

Jan 6, 2025 · Barrick remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an interim attachment order has now been issued against the existing gold stock on site which further prevents its export and disrupts normal operations.

Jan 13, 2025 · Mali seizes $245 million in gold from Barrick's Loulo-Gounkoto complex -sources; Court order says Barrick-run mines owe $5.5 billion to Mali's economy ministry

Jan 14, 2025 · Barrick Gold (NYSE:GOLD) (TSX:ABX) followed through on Tuesday with its threat to suspend operations at its Loulo-Gounkoto complex in Mali after the military-led government moved gold...

Dec 13, 2023 · The Loulo-Gounkoto complex comprises two distinct mining permits, Loulo and Gounkoto, and is situated in western Mali, bordering Senegal and adjacent to the Falémé River. Société des Mines de Loulo SA (Loulo) owns the Loulo gold mine, and Société des Mines de Gounkoto (Gounkoto) owns the Gounkoto gold mine.

Jan 14, 2025 · Barrick Gold Corp. ABX-T has suspended operations in Mali at one of its biggest international mines after the country’s military junta seized gold from the mine in an escalating tax dispute.

Dec 26, 2024 · For several months, Mali has been engaged in a major legal and economic dispute with Barrick Gold Corporation, operator of the Loulo-Gounkoto mining complex, one of the country’s largest gold deposits. At the heart of the dispute : a colossal tax debt.

Jan 15, 2025 · Earlier this week, Malian officials seized three tons of gold from the Loulo-Gounkoto mine as part of an ongoing dispute over how much of an ownership stake the military government will have...

1 day ago · The standoff compelled Barrick to halt operations at its Loulo-Gounkoto mine in Mali as the government seized gold stockpiles and issued an arrest warrant for chief executive Mark Bristow. While the West African nation’s military junta has yet to disclose exactly what it’s demanding from Barrick, the Canadian company has offered to pay ...

Jan 7, 2025 · Barrick Gold Corporation is halted from shipping gold from its Loulo-Gounkoto mining complex in Mali, and an interim attachment order has been issued against its gold stock, disrupting operations. Barrick believes the order is unwarranted and is in contravention of the agreed dispute resolution mechanisms. Barrick’s president and CEO, Mark Bristow, says the inability to ship gold not only ...