Barrick Set to 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 Gold Continues To Face Restrictions At Loulo-Gounkoto Complex In Mali
Monday stated that it is now facing export issues related to existing gold stock at Loulo-Gounkoto complex in Mali, disrupting its daily operations and affecting the national economy. The new restrictions come under an interim attachment order,
Barrick Set to Suspend Mali Operations as Gold Shipments Remain Halted
Barrick Gold could soon halt operations in Mali as tensions with the government intensify and gold shipments remain halted. The Canadian company has been restricted from shipping gold from its Loulo-Gounkoto mining complex in the African country and said Monday an interim order has now been issued against existing stocks of gold on site that prevents exports and disrupts normal operations.
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