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Mali seizes 3 tons of gold
Mali seizes 3 tons of gold from Canadian company Barrick amid dispute over share of revenue
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.
Mali Authorities Seize Gold in Dispute with Barrick Gold
Malian authorities have confiscated about 3 metric tons of gold from Barrick Gold's Loulo-Gounkoto mining site due to an ongoing dispute. The gold, valued at $245 million, is now held at Banque Malienne de Solidarite.
Mali starts seizing gold stocks at Barrick site, company memo says
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 have to suspend operations at the complex.
Mining Weekly
5h
Hummingbird, subsidiary agree key terms with Mali govt on Yanfolila mine
Aim-listed gold miner Hummingbird Resources’ subsidiary in Mali has reached an agreement with that country’s government ...
1d
on MSN
Exclusive-Mali has begun seizing Barrick gold by helicopter
By Portia Crowe, Divya Rajagopal and Giulia Paravicini DAKAR (Reuters) -Mali began flying gold out of Canadian miner Barrick ...
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