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 More

Barrick 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 More