Barrick has confirmed it has “regrettably” initiated the process to suspend operations at the Loulo-Gounkoto complex in Mali, at least temporarily, amid ongoing shipping restrictions. The move has been a consideration since the gold shipping issue arose, and was mentioned as a potential issue last month when the company received an attachment order on its gold from the Malian government.…
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Barrick still restricted on Loulo-Gounkoto shipping
Barrick’s Loulo-Gounkoto mining complex in Mali, which remains restricted from shipping its gold, has now been issued an interim attachment order as it continues to eye a potential stoppage at the complex should the situation continue. The attachment order, it said, is against the existing gold stock on site, which further prevents its export and disrupts normal operations. Barrick believes…
Read MoreBarrick may halt Mali ops over shipment blocks
Barrick Gold has confirmed it is considering suspending its operations in Mali after ongoing failed talks with the country’s authorities that have left its gold shipments blocked. The miner said it had previously agreed on a framework to achieve a global resolution of the disputes with the Government of Mali over the Loulo-Gounkoto complex, its Mali property, but to date…
Read MoreMetso picks up contract for Barrick’s Lumwana
Barrick Gold has awarded Metso a major order for the supply of copper concentrator plant equipment to their Lumwana expansion project in the North-Western Province, Zambia. Metso’s scope of delivery includes key equipment for grinding, flotation, thickening, feeding and filtration. The value of the order is approximately EUR 70 million (US$78,000), and it is booked in the Minerals segment’s 2024…
Read MoreDozens dead as violence erupts near PNG gold mine
Violent attacks between illegal settlers and local landowners near Barrick Gold’s Porgera mine in Papua New Guinea has killed at least 20 people, reported Reuters, with other news outlets citing at least 30 dead. The government has granted police emergency powers, including the use of lethal force, to contain the violence. Local media has reported that Barrick has temporarily halted…
Read MoreDominican Republic to create state miner
The Dominican Republic said it will create a state mining firm – Empresa Minera Dominicana S.A., or Emidom – to explore, exploit and run economic viability studies on the nation’s key mining resources, reported Reuters. The news agency said the miner will be able to negotiate contracts and alliances with international firms and it will have a nine-member board, led…
Read MoreSGS gets Barrick North Mara laboratory contract
SGS confirmed it has been awarded a contract to operate the on-site geochemistry laboratory at Barrick’s North Mara operation in Tanzania. The 2,025-square-meter facility, located in the Tarime district, will be staffed by 67. It will be equipped to provide sample preparation, analytical testing, and fire assay, using the state-of-the-art PhotonAssay technology, a non-destructive, environmentally friendly method. “The introduction of…
Read MoreBarminco secures underground contract at Hemlo
Barminco, Perenti’s underground mining business, has signed a three-year contract with Barrick Gold to continue contract mining at the Hemlo mine in Canada. The total contract value is worth more than A$200 million and involves underground mine development, production and mining support services.
Read MoreEpiroc BEV Boltec M10 rig electrifies Nevada Gold Mines
Epiroc has successfully deployed the first Boltec M10 Battery rig in the U.S. at Nevada Gold Mines, aligning with the industry’s shift toward cleaner and more efficient technologies. Full story.
Read MoreBarrick’s Porgera operating despite landslide
Barrick has reportedly confirmed that its Porgera gold operation in Papua New Guinea is running without restriction after a significant landslide hit the Enga province. A Reuters report said Barrick is reporting a 40-day fuel supply for the operation. The company has also offered its support to the survivors of the mountainside collapse, which happened 30 kilometres (18.64 miles) away.…
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