BARRICK Gold said on Monday it would have “no choice” but to temporarily suspend Loulo-Gounkoto if Mali’s government failed to lift new restrictions placed on the Mali mine “within the coming week”.
Barrick in December filed a request for arbitration to the International Centre for the Settlement of Investment Disputes over the situation in Mali. Local operations in Mali have deteriorated in ...
Barrick’s Mali standoff, threats by Burkina Faso’s junta to strip mining permits and the seizure of a French-run uranium site in Niger have unsettled Western miners and could limit further ...
The government in Mali continues to restrict gold shipments from the Loulo-Gounkoto mining complex and has issued an attachment against existing gold stock that Barrick stated further prevents its exp ...
Officials and lawyers for Toronto-based Barrick and its North Mara subsidiary describe the mine as a site of routine conflict, requiring an extensive police presence in the villages surrounding it.
Barrick Gold (NYSE:GOLD)(TSX:ABX) has given Mali a week to remove gold exports limits and resolve a dispute over its Loulo-Gounkoto mining complex, in response to the country extending its ...
Barrick Gold Corp. said it will have to halt mining in Mali soon if the government doesn’t stop disrupting exports and ...
If the situation is not resolved within the coming week, the Toronto-headquartered miner said it will “temporarily suspend operations” at its Malian mine. “Such an action would be deeply regrettable ...
Barrick Gold may suspend its Mali operations if gold shipment restrictions aren't lifted. The mining disputes in Mali, Burkina Faso, and Niger highlight the region's shifting alliances and economic ...
Shares of the Canadian gold producer fell as much as 2.6% to $16.34 as of 12 p.m. in New York. For months Barrick has been locked in a dispute with the government over how to divide the economic ...
(Bloomberg) -- Barrick Gold Corp. said it will have to halt mining in Mali soon if the government doesn’t stop disrupting exports and operations at its mine. The world’s No. 2 gold producer is ...