{"id":18324,"date":"2025-04-15T19:13:51","date_gmt":"2025-04-15T19:13:51","guid":{"rendered":"http:\/\/thisbiginfluence.com\/?p=18324"},"modified":"2025-04-15T19:13:51","modified_gmt":"2025-04-15T19:13:51","slug":"mali-threatens-to-seize-barrick-golds-assets-company-says","status":"publish","type":"post","link":"https:\/\/thisbiginfluence.com\/?p=18324","title":{"rendered":"Mali threatens to seize Barrick Gold\u2019s assets, company says"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Unlock the Editor\u2019s Digest free of charge<\/p>\n<p class=\"article__content-sign-up-topic-description\"><span>Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=ac809397-f757-421f-9755-06a2fca62267\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>The Malian authorities has escalated a dispute with Barrick Gold by closing the Canadian mining firm\u2019s workplace in Bamako and threatening to grab management of its property within the nation, the group mentioned on Tuesday.<\/p>\n<p>The ruling navy junta had shut Barrick\u2019s workplace within the Malian capital and warned it might place the corporate\u2019s Loulo-Gounkoto gold-mining complicated \u201cbeneath provisional administration until the mine was reopened and tax funds have been made \u2014 although gold exports stay blocked\u201d, the group added.<\/p>\n<p>Barrick is amongst a number of western mining firms that have been focused final yr amid tensions with the navy junta.<\/p>\n<p>Though sure firms reached agreements with the federal government with a view to proceed working within the nation, some executives and employees \u2014 together with these of Barrick \u2014 have been arrested.<\/p>\n<p>In January, Barrick suspended operations in Mali after the federal government seized a number of the firm\u2019s gold.<\/p>\n<p>Barrick mentioned on the time it had \u201cregrettably initiated the non permanent suspension of operations\u201d at Loulo-Gounkoto as a result of the corporate was being stopped from exporting gold from the mine.<\/p>\n<p>An settlement with the federal government \u201cnow seems to be obstructed by a small group of people putting private or political pursuits above the long-term pursuits of Mali and its individuals\u201d, Barrick mentioned on Tuesday.<\/p>\n<p>\u201cIt&#8217;s regrettable that the federal government continues to hinder gold exports whereas concurrently demanding tax funds on income it has actively prevented from being realised,\u201d it added. <\/p>\n<p>Barrick mentioned it was ready to take authorized motion towards the Malian authorities if an answer to the dispute couldn&#8217;t be discovered.<\/p>\n<p>The federal government has been approached for remark.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.ft.com\/content\/ac809397-f757-421f-9755-06a2fca62267\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Unlock the Editor\u2019s Digest free of charge Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter. The Malian authorities has escalated a dispute with Barrick Gold by closing the Canadian mining firm\u2019s workplace in Bamako and threatening to grab management of its property within the nation, the group mentioned on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18326,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4018,12862,1453,12863,12860,12861,3328],"class_list":["post-18324","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-assets","tag-barrick","tag-company","tag-golds","tag-mali","tag-seize","tag-threatens"],"_links":{"self":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/18324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18324"}],"version-history":[{"count":0,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/posts\/18324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=\/wp\/v2\/media\/18326"}],"wp:attachment":[{"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thisbiginfluence.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}