Barrick may temporarily suspend Mali operations

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 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.
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 Gold Stock Slips As Miner Warns Freezing Mali Operations Over Shipment Curbs: Retail Stays Resilient
Barrick Gold Corp. (GOLD) stock was down more than 1.5% in mid-day trading on Monday after the company issued a one-week ultimatum to Mali's government to lift restrictions on gold shipments. Otherwise,
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 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 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 to halt Mali mine amid fresh export restrictions
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 shipping ban to include the site’s on-hand stock of the precious metal.
Barrick Gold Faces Operational Challenges in Mali
An update from Barrick Gold ( (TSE:ABX) ) is now available.
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 Facing Mali Export Restrictions, May Halt Mine Operations
Major miner Barrick Gold (TSX:ABX,NYSE:GOLD) remains unable to export gold from its Loulo-Gounkoto mining complex in Mali due to ongoing restrictions imposed by the country's government. In a Monday (January 6) press release,
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Barrick issues ultimatum on Loulo-Gounkoto after new Govt impost
BARRICK Gold said on Monday it would have “no choice” but to temporarily suspend Loulo-Gounkoto if Mali’s government failed ...
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.
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Mali approves Allied Gold’s Korali-Sud project, aligning with its new mining code
Mali has approved Allied Gold's Korali-Sud project, granting the Canadian company a 35% stake under the country's new mining ...