Tag Mali

Mali’s Gold Production Drops 23 Percent In 2024

MALI’S industrial gold production suffered a sharp decline of 23 percent in 2024, dropping to 51 metric tons from 66.5 tons the previous year, according to a report by the country’s mines ministry, as cited by Reuters. This marks the first…

Mali Stores Seized Barrick Gold At State-owned Bank BMS

MALI’S military-led government has seized approximately three metric tons of gold worth $245 million from Barrick Gold’s Loulo-Gounkoto mine, escalating tensions between the mining giant and authorities. The gold is now being held at the state-owned Banque Malienne de Solidarité (BMS), according…

Mali Seizes Barrick Gold Stock Amid Contract Dispute

  Mali’s government has begun enforcing a provisional order to seize gold stock at Barrick Gold’s Loulo-Gounkoto mine, escalating a standoff over mining revenues. The Canadian mining giant warned in a note to its Malian staff that it may be…

Mali Jails Politician For Criticising Traore Junta

IN a stark move highlighting increasing repression in the Sahel, a Malian court has sentenced politician Issa Kaou N’Djim to two years in prison, with one year suspended, for criticising Burkina Faso’s military junta. The verdict underscores the tightening grip of military-led…

Mali Issues Arrest Warrant for Barrick Gold CEO Amid Dispute

MALI’S military-led government has escalated its dispute with foreign mining companies, issuing an arrest warrant for Mark Bristow, Chief Executive of Barrick Gold Corporation. The charges include money laundering, underscoring growing tensions over mining revenues in the gold-rich nation. Abbas…

Mali Arrests Four Barrick Gold Employees Over Tax Dispute

MALI’S junta has arrested four employees of Canadian mining giant Barrick Gold, marking the latest in a series of detentions of foreign mining workers amid escalating tensions between the government and international mining companies. Barrick Gold confirmed the arrests on Tuesday, stating that the…

Mali Junta Appoints Abdoulaye Maiga as New Prime Minister

MALI’S ruling junta has appointed its spokesperson, Abdoulaye Maiga, as the new prime minister, replacing Choguel Maiga, who was dismissed following his criticism of the military government. The announcement, made on Thursday via state broadcaster ORTM, underscores growing divisions within the administration as…