Mining industry of Mali - Wikipedia
Southern regions of Mali–Sikasso, Koulikoro, and Kayes– are located in the heart of the Sahel and produce most of Mali’s gold. [13] Compared to other gold producers in the region and in Africa more broadly, gold in Mali is particularly cheap to extract and profitable for companies. [14]
Barrick to Shutter Mali Gold Mine as Standoff Escalates
1 day ago · Barrick Gold Corp. said it’s suspending mining operations in Mali after the government started removing gold from the nation’s biggest mine in the latest escalation of a months-long dispute.
Seized Barrick gold now held at state-owned Malian bank BMS
7 hours ago · About 3 metric tons of gold seized by authorities in Mali from Canadian miner Barrick Gold’s Loulo-Gounkoto mining complex is now being held at Malian state-owned Banque Malienne de Solidarite (BMS), two sources told Reuters. Reuters reported on Monday that, in an escalation of their long-running ...
Barrick Provides Further Update on Loulo-Gounkoto Operations in Mali
1 day ago · 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. Additionally, the interim attachment order on the gold has now been executed by the Malian government by moving the existing gold stock from the site to a custodial bank, further preventing the shipment and sale of the ...
Exclusive: Barrick to suspend operations in Mali after gold seized ...
2 days ago · 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
Barrick halts operations in Mali after $245m in gold seized
1 day ago · Mali, Africa’s second-largest gold producer, depends on the metal for 80% of its exports. Barrick’s Loulo-Gounkoto complex, developed during Bristow’s tenure as CEO of Randgold before its ...
Mali seizes 3 tons of gold from Canadian company Barrick amid …
2 days ago · Mali’s military government previously arrested four senior executives of the Canadian mining company as part of the dispute. They are still being held. Mali is one of Africa’s leading gold producers, but it has struggled for years with jihadi violence and high levels of poverty and hunger. The military seized power in 2020, and the ...
Barrick confirms suspension of Mali operations, seizure of gold
1 day ago · Jan 14 (Reuters) - Canada's Barrick Gold (ABX.TO), opens new tab on Tuesday confirmed it had suspended operations in Mali and that the government had moved gold stock from the miner's Loulo ...
Mali starts seizing gold stocks at Barrick site, company memo says
2 days ago · Mali's government has begun enforcing a provisional order to seize gold stock at Barrick Gold's Loulo-Gounkoto site, the Canadian miner said in a note to Malian staff, warning again that it may ...
Mali’s gold mining disputes and the fight for economic justice
Dec 17, 2024 · Mali’s confrontation with foreign mining companies underscores the urgent need for African nations to assert their sovereignty and demand fairness in resource extraction.