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Mali, Barrick Gold
Gold miner Barrick threatens to freeze Mali operations in escalating dispute
Canada's Barrick Gold said on Monday it would suspend operations in Mali if the country does not lift restrictions on gold shipments within the coming week, as the mining group faces what sources told Reuters amounted to a confiscation order.
Barrick Says Mali Has a Week to Avoid Gold-Mine Shutdown
Barrick Gold Corp. said it will have to halt mining in Mali soon if the government doesn’t stop disrupting exports and operations at its mine.
Barrick Gold Warns About Production Suspension In Mali
Barrick Gold warns of potential suspension at Loulo-Gounkoto mining complex in Mali due to government's gold shipment restrictions. CEO calls situation "unwarranted" and "deeply regrettable." Other foreign miners also facing issues.
Barrick threatens to suspend Mali operations if gold shipments remain halted
Barrick Gold (NYSE:GOLD) -1.5% in early trading Monday after saying it will be forced to temporarily suspend operations at its Loulo-Gounkoto mine in Mali if its inability to ship gold from the mine is not resolved within the coming week.
Barrick Gold Continues To Face Restrictions At Loulo-Gounkoto Complex In Mali
(RTTNews) - Barrick Gold Corp. (GOLD), Monday stated that it is now facing export issues related to existing gold stock at Loulo-Gounkoto complex in Mali, disrupting its daily operations and affecting the national economy.
Barrick Gold Faces Mali Deadline: Operations Hang in Balance
Barrick Gold may suspend its Mali operations if gold shipment restrictions aren't lifted. The mining disputes in Mali, Burkina Faso, and Niger highlight the region's shifting alliances and economic strategies.
'Deeply regrettable but necessary:' Barrick Gold threatens to suspend operations in Mali
The situation has further declined since then. In November, the Malian government arrested and detained four Barrick employees and issued an arrest warrant for Bristow. It has also arrested employees of other mining companies as the state seeks to overhaul its mining sector.
Barrick Gold Faces Operational Challenges in Mali
An update from Barrick Gold ( (TSE:ABX) ) is now available.
Barrick could suspend operations at Mali mine if shipping restrictions not resolved
Barrick Gold Corp. says if its inability to ship gold from its Loulo-Gounkoto mine in Mali is not resolved within the coming week it will have to temporarily suspend operations at the mine.
11h
Barrick Gold Corp. stock falls Monday, underperforms market
Barrick Gold Corp. closed C$7.27 below its 52-week high of C$29.50, which the company reached on October 21st.
21h
Barrick faces fresh restrictions in Mali, signals temporary suspension in coming weeks
Canada's Barrick Gold said on Monday that it will be forced to temporarily suspend operations at its Loulo-Gounkoto mining ...
16h
Newmont: This Is How We Are Betting On Gold
Like most gold mining companies, Newmont's stock price has lagged the price of Gold by about 600%. We still bought some. We ...
bovnews
2d
Barrick Gold Corp’s Stock Drama: Could This Be a Game-Changer for GOLD Investors?
Barrick Gold Corp (GOLD) stock saw a decline, ending the day at $15.84 which represents a decrease of $-0.13 or -0.81% from the prior close of $15.97. The stock opened at $15.9 and touched a low of ...
1d
Barrick mine site in Tanzania has become ‘armed encampment,’ company says
Officials and lawyers for Toronto-based Barrick and its North Mara subsidiary describe the mine as a site of routine conflict ...
4d
With 65% institutional ownership, Barrick Gold Corporation (TSE:ABX) is a favorite amongst the big guns
Key Insights Given the large stake in the stock by institutions, Barrick Gold's stock price might be vulnerable ...
4d
Smart Money Is Betting Big In GOLD Options
Whales with a lot of money to spend have taken a noticeably bearish stance on Barrick Gold. Looking at options history for ...
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