financetom
Business
financetom
/
Business
/
Barrick Gold Faces Additional Restrictions in Mali
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Barrick Gold Faces Additional Restrictions in Mali
Jan 6, 2025 8:12 AM

10:47 AM EST, 01/06/2025 (MT Newswires) -- Barrick Gold (GOLD) said Monday that an interim attachment order has been issued to prevent export of its existing gold stock at its Loulo-Gounkoto mining complex in Mali in addition to the current shipment restriction.

The company said it will be forced to pause operations at the complex "if the issue is not resolved within the coming week."

Barrick said the interim attachment order is "unwarranted and is in contravention of the agreed dispute resolution mechanisms."

Shares of the company were down 1.6% in recent trading.

Price: 15.58, Change: -0.26, Percent Change: -1.63

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
National Bank Holdings Corporation announces merger agreement  with Vista Bancshares, Inc.
National Bank Holdings Corporation announces merger agreement with Vista Bancshares, Inc.
Sep 15, 2025
Pro Forma NBHC $12.4 billion in total assets and $10.4 billion in total depositsExpansion in fast-growing and attractive Dallas-Fort Worth metroplexTransaction expected to be 17%(1) accretive to NBHC’s earnings with tangible book value earn-back in approximately 3 yearsDeal approved by both Boards of Directors, expected to close in Q1 2026 DENVER and DALLAS, Sept. 15, 2025 (GLOBE NEWSWIRE) -- National...
Chord Energy Announces Strategic Acquisition of Williston Basin Assets
Chord Energy Announces Strategic Acquisition of Williston Basin Assets
Sep 15, 2025
HOUSTON, Sept. 15, 2025 /PRNewswire/ -- Chord Energy Corporation ( CHRD ) today announced that a wholly owned subsidiary of Chord has entered into a definitive agreement to acquire assets in the Williston Basin from XTO Energy Inc. and affiliates (collectively, XTO), subsidiaries of Exxon Mobil Corporation, for total cash consideration of $550 million, subject to customary purchase price adjustments....
Aimco Completes the Sale of Four Suburban Boston Assets and Announces Special Dividend
Aimco Completes the Sale of Four Suburban Boston Assets and Announces Special Dividend
Sep 15, 2025
DENVER, Sept. 15, 2025 /PRNewswire/ -- Apartment Investment and Management Company ( AIV ) (Aimco or the Company) announced today that it has closed on the sale of four properties located in suburban Boston for $490 million and the Aimco Board of Directors has declared a $2.23 per share special cash dividend to be paid on October 15, 2025, to...
Blue Water Advances in CITGO Bidding Process
Blue Water Advances in CITGO Bidding Process
Sep 15, 2025
NEW YORK, Sept. 15, 2025 /PRNewswire/ -- Blue Water Venture Partners, LLC (Blue Water), an entity affiliated with Joeseph Hernandez, the Chairman and Chief Executive Officer of Blue Water Acquisition Corp. III ( BLUW ) , announced today that it has received court approval to enter into a non-disclosure agreement with the Special Master, granting access to the confidential data room...
Copyright 2023-2026 - www.financetom.com All Rights Reserved