1 day ago · Barrick Gold Corp. and Mali are set to resume talks on resolving a monthslong dispute over the distribution of revenue from one of the world’s biggest gold mines.

1 day ago · Governments in Mali, Burkina Faso and Niger — all led by juntas — are all seeking to renegotiate new terms with gold miners to gain a bigger share of mining revenue at a time when gold prices have hit record highs. The dispute between Mali and Barrick is over the country’s new mining code that came into effect in 2023.

1 day 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 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 6, 2025 · Barrick remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an interim attachment order has now been issued against the existing gold stock on site which further prevents its export and disrupts normal operations.

Dec 16, 2024 · Toronto – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) reports that although 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, it has to date been unsuccessful in arriving at a final resolution despite numerous good-faith attempts to negotiate and...

Jan 13, 2025 · Barrick Gold (GOLD) announced it will be forced to suspend mining operations in Mali following the government’s seizure of gold stocks from its Loulo-Gounkoto complex, Portia Crowe, Divya...

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 ...

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...

1 day ago · The negotiations will focus on Mali's demand for $199m, Barrick’s compliance with the new mining code and the release of the seized gold, according to a report by Reuters, citing sources.