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 pursues plans to suspend its operations in the country.

An ongoing dispute over ownership stakes in Barrick’s operation in Mali has led to the arrest of mining officials, the government’s gold seizure and the company’s shutdown of its mine.

Barrick Gold Corporation has halted its operations in Mali after the government seized gold stocks worth $245 million Cdn from the company's Loulo-Gounkoto complex.

Mali’s new penal code came into effect on 13 December 2024. It equates same-sex sexual relations with indecent assault and makes it a criminal act.

Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company's Loulo-Gounkoto complex and flew them out by helicopter over the weekend.

Mali’s military government has started seizing gold stocks of the Canadian mining company Barrick as part of a legal battle over the share of revenue owed to the West African state, according to an internal Barrick letter seen by The Associated Press.

Ghana's president and Mali's junta-appointed prime minister on Thursday committed to strengthening relations in the face of rising jihadist violence and instability across west Africa.

By Portia Crowe, Divya Rajagopal and Giulia Paravicini DAKAR (Reuters) -Mali began flying gold out of Canadian miner Barrick Gold's Loulo-Gounkoto complex by helicopter on Saturday, four sources close to the situation said,

Mali's military government has seized three tonnes of gold from Canadian company Barrick amid a legal battle over owed revenues. The gold, valued at USD 180 million, was transported to Bamako, Mali's capital.

Mali is set to get 750-billion CFA francs ($1.2-billion) from miners in the first quarter this year following an overhaul of its mining sector. In late December, Mali had received 500-billion CFA francs following talks with mining companies,

Mali’s military junta started executing an interim order to seize gold at a mine run by Barrick Gold Corp., escalating a dispute over the West African government’s share of revenues from the project.

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 locked in an acrimonious dispute with the authorities in the West African ...