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Mali Court Puts Barrick Gold Mine Under Six Months State Control
Mali Court Puts Barrick Gold Mine Under Six Months State Control

Bloomberg

time16-06-2025

  • Business
  • Bloomberg

Mali Court Puts Barrick Gold Mine Under Six Months State Control

A Malian court ruled that Barrick Mining Corp.'s Loulo-Gounkoto gold mining complex should be placed under provisional administration for six months, handing control of one of the Canadian company's biggest operations to state-appointed management. The decision on Monday comes after Mali closed Barrick's offices in the capital Bamako and warned it would take control of the mine, which has been shuttered owing to a months-long dispute over mine dividends, unless it was reopened and tax payments made.

Panama will allow controversial mine to export already mined copper to fund maintenance
Panama will allow controversial mine to export already mined copper to fund maintenance

Washington Post

time31-05-2025

  • Business
  • Washington Post

Panama will allow controversial mine to export already mined copper to fund maintenance

PANAMA CITY — Panama will allow a controversial mine that was closed after months of protests to export more than 120,000 tons of already mined copper concentrate to pay the costs of maintaining the inactive mine site, government officials announced Friday. Opposition to the massive copper mine led to some of Panama's most widespread protests in recent years before the country's Supreme Court rejected a deal that allowed a Canadian company to operate it.

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