Mali starts seizing gold stocks at Barrick site, company memo says
Mali's government has begun enforcing a provisional order to seize gold stock at Barrick Gold's Loulo-Gounkoto site, the Canadian miner said in a note to Malian staff, warning again that it may have to suspend operations at the complex.
Canadian firm Barrick Gold said Tuesday it was temporarily suspending operations at its Loulo-Gounkoto mine in Mali after the junta seized gold stocks from the site amid a months-long revenue dispute.
Aim-listed gold miner Hummingbird Resources’ subsidiary in Mali has reached an agreement with that country’s government ...
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