Dec 16 (Reuters) - Barrick Gold ( GOLD ) will suspend
operations in Mali if gold shipments continue to be blocked, the
company said on Monday as it struggles to reach agreement with
authorities on a new mining code in the West African country.
Conditions at the gold miner's Loulo-Gounkoto complex have
"deteriorated significantly", Barrick said, adding that
employees have been imprisoned without cause and shipments of
bullion have been blocked.
"If shipments remain suspended, Barrick will be compelled to
suspend operations, further impacting the viability of this
critical economic driver for Mali," the company said.