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Mali just seized 3 tons of gold
Why Mali just seized 3 tons of gold from Canadian miner Barrick
An ongoing dispute over ownership stakes in Barrick’s operation in Mali has led to the arrest of mining officials, the government’s gold seizure and the company’s shutdown of its mine.
Mali holding seized Barrick gold at state-owned bank BMS, sources say
Mali's military government is holding gold seized from Barrick Gold's Loulo-Gounkoto mine site at state-owned Banque Malienne de Solidarite (BMS), two sources said, as the miner pursues plans to suspend its operations in the country.
Barrick suspends Mali operations after government seizes gold from mine
Canada’s Barrick Gold has suspended operations in Mali after the government seized gold from the company in an escalation of a dispute between the military junta and international mining groups.
Options Traders React to Barrick Gold's Mali Setback
Shares of Barrick Gold were last seen 0.3% higher at $15.75, but remain down 21.1% over the past three months. GOLD faces resistance at the $16 level and its 30-day moving average, though the $15 mark has recently provided support to limit further losses.
Barrick confirms suspension of Mali operations, seizure of gold
Canada's Barrick Gold on Tuesday confirmed it had suspended operations in Mali and that the government had moved gold stock from the miner's Loulo-Gounkoto site to a bank. Reuters reported on Monday that the authorities had seized gold worth $245 million in an escalation of their long-running dispute with the company.
Barrick Gold Corp. stock falls Thursday, underperforms market
Barrick Gold Corp. closed C$6.86 below its 52-week high of C$29.50, which the company reached on October 21st.
Barrick Halts Gold Operations in Mali
Barrick Gold is suspending mining operations in Mali after the government seized gold stockpiles and issued an arrest warrant for Barrick's CEO. Bloomberg's William Clowes reports from Johannesburg. (
Mali starts seizing gold stocks at Barrick site, company memo says
Mali's government has begun enforcing a provisional order to seize gold stock at Barrick Gold's Loulo-Gounkoto site, the Canadian miner said in a note to Malian staff, warning again that it may have to suspend operations at the complex.
Barrick Gold Issues Update on Loulo-Gounkoto Operations in Mali
Barrick Gold Corporation GOLD recently stated that it remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. Furthermore, the Malian government has executed the interim attachment order on the gold by transferring the current gold stock from the location to a custodial bank,
2h
Barrick Gold’s (ABX) Buy Rating Reiterated at TD Cowen
TD Cowen reissued their buy rating on shares of Barrick Gold (TSE:ABX – Free Report) (NYSE:ABX) in a research report report published on Tuesday morning,Stock Target Advisor reports. The firm ...
3d
Barrick Gold Is Attractively Priced And Has A Healthy Growth Profile
Barrick Gold, one of the largest gold mining companies around, has a globally diversified portfolio of mines. Click here ...
15h
Barrick Gold price target lowered to C$24 from C$26 at National Bank
National Bank lowered the firm’s price target on Barrick Gold (GOLD) to C$24 from C$26 and keeps a Sector Perform rating on the shares.Stay ...
1d
Barrick Gold Corp. stock rises Wednesday, outperforms market
Barrick Gold Corp. closed C$6.81 below its 52-week high of C$29.50, which the company achieved on October 21st.
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