Barrick Gold has temporarily halted its mining operations in Mali following the government's seizure of nearly 3 metric tons of gold from the company's Loulo-Gounkoto complex.
Mali said on Wednesday it was suspending licenses for foreign artisanal gold mining companies after a series of fatal accidents in the West African country, one of Africa’s top three gold producers.
As part of the new agreement, Barrick will pay a total of 275 billion CFA or $438 million to the Mali government, in return for the release of detained employees, seized gold, and restarting the ...
ALLIED Gold, a Toronto-lister miner, has sold a 50% stake in its Mali mines to Emirati investor, Ambrosia Investments Holdings. Ambrosia Investments will pay $375m for the stake in the mines and ...