Africa

Barrick Gold to Halt Mali Operations After Government Seizes Millions in Gold

today14 January, 2025

Background

 

Barrick Gold announced it will suspend mining operations in Mali after the government seized three metric tons of gold from the Loulo-Gounkoto complex, valued at $245 million. Reuters says the gold was reportedly flown out by helicopter over the weekend. In a letter to the government, Barrick stated it is now compelled to temporarily shut down the mines.

Written by: Leonard Witbeen

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