In Mali, this world power has just taken a radical decision in response to the drastic measure taken by Assimi Goïta to seize three tons of gold.
The Canadian giant, Barrick Gold, has suspended its operations in Mali in response to the seizure of gold by the Malian authorities.
The Malian government, which is trying to put pressure on foreign companies to obtain a greater share of mining revenues, made good on its threats by seizing gold stocks from the Loulo-Gounkoto mine last weekend.
On January 6, Barrick Gold threatened to suspend its operations at Loulo-Gounkoto, one of the largest mining complexes in the world.
It is now done. This Tuesday, January 14, the Canadian company announced that it would temporarily cease its activity in the mine in southern Mali.
The decision comes as the Malian authorities and the mining group led by Mark Bristow have been engaged in a standoff for several months over revenues linked to gold extraction on the site.
“Company continues to be barred from shipping gold from the Loulo-Gounkoto mining complex to Malisays Barrick Gold in a press release.
Additionally, the precautionary seizure order against the gold stock has now been executed by the government of Mali, which has transferred the existing gold stock on the site to a custodian bank. »
In Mali, it is obvious that the standoff between Assimi Goïta and this world power will continue and the seizure of the three tons of gold is only the beginning.
