Barrick could suspend operations at Mali mine

Barrick may temporarily suspend Mali operations as gold shipments remain blocked
The situation in Mali is further complicated by threats from Burkina Faso's junta to strip mining permits and the seizure of a French-run uranium site in Niger.
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.
Barrick Gold Provides Update on Loulo-Gounkoto Operations in Mali
Barrick Gold Corporation GOLD has stated that it remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. Furthermore, an interim attachment order has been issued against the current gold stock on site,
Barrick Says Mali Has a Week to Avoid Gold-Mine Shutdown
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.
Barrick threatens to suspend Mali operations if gold shipments remain halted
Barrick Gold threatens to temporarily suspend operations at Loulo-Gounkoto mine in Mali over dispute with government.
Barrick Gold Faces Operational Challenges in Mali
An update from Barrick Gold ( (TSE:ABX) ) is now available.
Barrick Gold Warns About Production Suspension In Mali
Barrick Gold warns of potential suspension at Loulo-Gounkoto mining complex in Mali due to government's gold shipment restrictions. CEO calls situation "unwarranted" and "deeply regrettable." Other foreign miners also facing issues.
Barrick Update on Loulo-Gounkoto Operations in Mali
TORONTO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- (NYSE:GOLD)(TSX:ABX) 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.
Barrick Gold Continues To Face Restrictions At Loulo-Gounkoto Complex In Mali
(RTTNews) - Barrick Gold Corp. (GOLD), Monday stated that it is now facing export issues related to existing gold stock at Loulo-Gounkoto complex in Mali, disrupting its daily operations and affecting the national economy.
Barrick Set to Suspend Mali Operations as Gold Shipments Remain Halted
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 recent months, with several of the mining operation's employees imprisoned and the movement of gold frozen.
Barrick Gold warns of operational freeze in Mali amid regulatory dispute
The standoff in Mali, coupled with threats by Burkina Faso's military junta to revoke mining permits and the seizure of a French-operated uranium site in Niger, has raised concerns among Western mining companies.
Barrick Gold: Underestimated Potential Amid Political Uncertainty
Barrick Gold has strong financials, a stable dividend, and a robust balance sheet. See why I rate GOLD stock as a buy.
Mining1d
Barrick to halt Mali mine amid fresh export restrictions
Barrick Gold (NYSE:GOLD) (TSX:ABX) is facing mounting challenges at its Loulo-Gounkoto mining complex in Mali, as the country ...