Barrick - Operations - Loulo-Gounkoto
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.
Barrick Provides Further Update on Loulo-Gounkoto Operations …
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.
Loulo-Gounkoto Gold Mine Complex, Mali - Mining Technology
Apr 3, 2024 · The Loulo-Gounkoto gold mine complex, situated in Mali, is a significant gold production venture, comprising both open-pit and underground mining operations. It is one of the world’s largest gold producers and has contributed more than …
Barrick Update on Loulo-Gounkoto Operations 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.
Major Mines & Projects | Loulo-Gounkoto Complex
The Loulo-Gounkoto is one of the world’s top 10 gold producers and currently comprised of active open pits at Gounkoto, Yalea South, Gara West, and Baboto (which started mining in February 2024). Mining at Loulo 3 open pit is planned to commence in …
How Two Former Employees Are Driving Mali's Hardball Talks …
2 days ago · With exports banned and Barrick's mines producing up to half a ton of gold weekly, stockpiles were rising in its secure "gold room" at the Loulo-Gounkoto mine complex.
Major Mines & Projects | Loulo-Gounkoto Mine
The Loulo and Gounkoto deposits can be classified as a typical shear hosted Birimian style mesothermal gold deposits. The Yalea, Gara and Gounkoto underground mines are all currently in operation and are accessed via portals located in the open pits and a box cut.
Barrick and Mali Resume Talks on Ending Dispute Over Gold Mine
Jan 28, 2025 · 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.
Barrick to halt Mali mine amid fresh export restrictions
Jan 6, 2025 · 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...
Mali and Barrick Gold resume talks on ending mine dispute
6 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 ...