Dec 13, 2023 · The Loulo-Gounkoto complex comprises two distinct mining permits, Loulo and Gounkoto, and is situated in western Mali, bordering Senegal and adjacent to the Falémé River. Société des Mines de Loulo SA (Loulo) owns the Loulo gold mine, and Société des Mines de Gounkoto (Gounkoto) owns the Gounkoto gold mine.

Jan 14, 2025 · Toronto – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) today confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali.

Jan 13, 2025 · Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company's Loulo-Gounkoto complex and flew them out by...

Oct 24, 2024 · Toronto – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) denies the allegations made by the Malian Ministry of Mines and the Finance Ministry that it had not honored its commitments made under an agreement designed to achieve a more equitable distribution of mineral resource exploitation to the benefit of all stakeholders.

2 days ago · The standoff compelled Barrick to halt operations at its Loulo-Gounkoto mine in Mali as the government seized gold stockpiles and issued an arrest warrant for chief executive Mark Bristow. While the West African nation’s military junta has yet to disclose exactly what it’s demanding from Barrick, the Canadian company has offered to pay ...

Jan 15, 2025 · Mali's military government is holding gold seized from Barrick Gold's Loulo-Gounkoto mine site at state-owned Banque Malienne de Solidarite (BMS), two sources said, as the miner...

Sep 30, 2024 · Barrick Gold Corp. and Mali’s military leadership have agreed to resolve a dispute over the company’s assets in the West African nation.

Jan 15, 2025 · Earlier this week, Malian officials seized three tons of gold from the Loulo-Gounkoto mine as part of an ongoing dispute over how much of an ownership stake the military government will have...

Dec 16, 2024 · Barrick Gold will suspend operations in Mali if gold shipments continue to be blocked, the company said on Monday as it struggles to reach agreement with authorities on a new mining code in the...

Jan 7, 2025 · Barrick Gold Corporation is halted from shipping gold from its Loulo-Gounkoto mining complex in Mali, and an interim attachment order has been issued against its gold stock, disrupting operations. Barrick believes the order is unwarranted and is in contravention of the agreed dispute resolution mechanisms. Barrick’s president and CEO, Mark Bristow, says the inability to ship gold not only ...