Barrick Gold Update: Loulo-Gounkoto Mining Complex Faces Ongoing Shipping Restrictions in Mali
2025-01-14
Yahoo Finance
Barrick Gold Corporation has confirmed that its Loulo-Gounkoto mining complex in Mali remains under shipping restrictions. The Malian government has executed an interim attachment order, taking control of the existing gold stock. This development is a significant update for the gold mining industry, with potential implications for gold prices and mining operations in Africa. Barrick Gold is working to resolve the issue, but the situation remains uncertain. The company's efforts to resume shipping gold from the complex are ongoing, with a focus on finding a resolution that meets the requirements of all parties involved, including the Malian government and gold investors, in the precious metals sector.
