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News

Mali takes control of Canadian-owned Barrick Gold mine

Associated Press News on MSN · 3d
Mali takes control of Canadian-owned Barrick Gold mine over tax dispute
A judge in Mali on Monday ordered Barrick Gold's Loulo-Gounkoto gold complex to be placed under provisional administration for six months in an ongoing dispute between the Canadian mining company and the West African nation's military government over unpaid taxes.
Financial Post · 23h
Barrick’s future in Mali hinges on gold mine permit renewal
The permit for Loulo, where processing facilities are located, expires in February, shortly after the period of provisional administration is supposed to end. Barrick filed a renewal request four months ago, a spokesperson for the company said, adding that a separate license for Gounkoto runs for another 17 years.
Reuters on MSN · 3d
Barrick Mining's gold complex placed under state control in Mali
Canada's Barrick Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a dispute over taxes and ownership. A former Malian health minister,
The Africa Report
3d
Barrick in Mali: What happens next?
After wrangling with the Malian government over the 2023 mining code, Canadian mining giant Barrick is held in a Catch-22 as ...
2d
Barrick Mining Stock: Too Cheap To Ignore
If investors are willing to look past the troubles in Mali, Barrick's valuation does look very cheap. For example, assigning ...

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