Barrick Gold Faces Additional Restrictions in Mali-March 2024-www.financetom.com

Barrick Gold Faces Additional Restrictions in Mali

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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

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