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 in Mali
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.
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.
How two former employees are driving Mali's hardball talks with Barrick
It wants Barrick to pay 125 billion CFA francs ($199 million) in back taxes, according to a source familiar with the situation. If a deal is finalised, Mali would return the seized gold and ...
Exclusive: Barrick to suspend operations in Mali after gold seized ...
Jan 13, 2025 · 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...
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 ...
Mali holding seized Barrick gold at state-owned bank BMS, …
Jan 15, 2025 · 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...
Barrick halts operations in Mali after $245m in gold seized
Jan 14, 2025 · Barrick Gold (NYSE:GOLD) (TSX:ABX) followed through on Tuesday with its threat to suspend operations at its Loulo-Gounkoto complex in Mali after the military-led government moved gold...
Why Mali just seized 3 tons of gold from Canadian miner Barrick
Jan 15, 2025 · Earlier this week, Malian officials seized three tons of gold from the Loulo-Gounkoto mine as part of an ongoing dispute over how much of an ownership stake the military government will have...
Barrick, Mali to negotiate tax dispute and gold seizure issues
Jan 28, 2025 · The negotiations will focus on Mali's demand for $199m, Barrick’s compliance with the new mining code and the release of the seized gold, according to a report by Reuters, citing sources.