2 days ago · Governments in Mali, Burkina Faso and Niger — all led by juntas — are all seeking to renegotiate new terms with gold miners to gain a bigger share of mining revenue at a time when gold prices have hit record highs. The dispute between Mali and Barrick is over the country’s new mining code that came into effect in 2023.

2 days 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 ...

2 days ago · Barrick Gold Corp. and Mali are set to resume talks on resolving a monthslong dispute over the distribution of revenue from one of the world’s biggest gold mines.

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 15, 2025 · 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...

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...

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 ...

Sep 30, 2024 · Barrick Gold Corp. and Mali’s military leadership have agreed to resolve a dispute over the company’s assets in the West African nation.

Jan 15, 2025 · For years, Canadian mining giant Barrick Gold Corp. has seen its acquisition of a major gold mine in the West African nation of Mali pay off big time. But now, it’s become a big-time...