#Latest news with #goldoperationsBloomberg26-05-2025BusinessBloombergBarrick Says Mali's Bid to Take Over Gold Mine Lacks Legal BasisBarrick Mining Corp. said Mali's request to put the company's gold operations in the West African country into provisional administration has no legal justification. The Canadian mining company is locked in a dispute with Mali's military regime over revenues from the vast Loulo-Gounkoto complex. The government has blocked bullion exports and asked a judge to authorize the transfer of the assets to an interim administrator. The commercial court in the capital, Bamako, is expected to make a ruling on June 2, after postponing a hearing last week.
Bloomberg26-05-2025BusinessBloombergBarrick Says Mali's Bid to Take Over Gold Mine Lacks Legal BasisBarrick Mining Corp. said Mali's request to put the company's gold operations in the West African country into provisional administration has no legal justification. The Canadian mining company is locked in a dispute with Mali's military regime over revenues from the vast Loulo-Gounkoto complex. The government has blocked bullion exports and asked a judge to authorize the transfer of the assets to an interim administrator. The commercial court in the capital, Bamako, is expected to make a ruling on June 2, after postponing a hearing last week.