financetom
Business
financetom
/
Business
/
Market Chatter: Malian Tax Authorities Reopen Barrick Mining's Office
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Malian Tax Authorities Reopen Barrick Mining's Office
Jun 23, 2025 10:54 AM

01:38 PM EDT, 06/23/2025 (MT Newswires) -- Barrick Mining's ( B ) office in Bamako has been reopened by Malian tax authorities under a court-appointed administrator, Reuters reported Monday, citing sources familiar with the matter.

The office was shut in April due to an alleged tax dispute between Barrick and the government, the media outlet reported.

Former health minister Soumana Makadji has been appointed as the temporary administrator, a move Barrick plans to challenge, according to the report.

Makadji is expected to reportedly resume operations at the site and will visit the complex later this week.

He is also set to meet with Barrick employees and subcontractors at the Bamako office on Monday, Reuters reported.

Barrick's Loulo-Gounkoto mine has been idle since January after Mali's military government halted gold exports and seized three tons of its inventory, the report added.

Barrick and Mali's Ministry of Mining did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 21.23, Change: +0.29, Percent Change: +1.36

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 >
TOPGOLF CALLAWAY BRANDS ANNOUNCES AN AGREEMENT TO SELL A MAJORITY STAKE IN ITS TOPGOLF BUSINESS TO LEONARD GREEN & PARTNERS
TOPGOLF CALLAWAY BRANDS ANNOUNCES AN AGREEMENT TO SELL A MAJORITY STAKE IN ITS TOPGOLF BUSINESS TO LEONARD GREEN & PARTNERS
Mar 10, 2026
Leonard Green to acquire a 60% interest in Topgolf with Topgolf Callaway Brands ( MODG ) retaining a 40% stake Topgolf Callaway Brands ( MODG ) to receive ~$770 million in net proceeds CARLSBAD, Calif., Nov. 18, 2025 /PRNewswire/ -- Topgolf Callaway Brands Corp. ( MODG ) today announced that it has signed a definitive agreement to sell a 60%...
Ondas Completes Acquisition of Sentrycs, a Global Leader in Counter-UAS Cyber Technology
Ondas Completes Acquisition of Sentrycs, a Global Leader in Counter-UAS Cyber Technology
Mar 10, 2026
Acquisition broadens Ondas' ( ONDS ) product portfolio and expands end markets within the Counter-UAS segment positioning Ondas ( ONDS ) as one of the most capable solutions against hostile drones combining hard and soft mitigation capabilities with reduced collateral damage Expands Ondas' ( ONDS ) global reach to more Tier-1 defense, public safety, and security agencies protecting critical infrastructure...
ITT’s Svanehøj Acquires KOHO, Expanding Portfolio with Compressor Technology for Growing Gas Solutions Market
ITT’s Svanehøj Acquires KOHO, Expanding Portfolio with Compressor Technology for Growing Gas Solutions Market
Mar 10, 2026
STAMFORD, Conn.--(BUSINESS WIRE)-- Nov. 18, 2025-- ITT Inc. today announced that its Svanehøj business, a leading designer and manufacturer of specialized cryogenic pumps and aftermarket services for the marine sector, has acquired Köhler & Hörter GmbH (KOHO). KOHO, a small family-owned company based in Hagen, Germany, is an expert in high-quality compressors for a wide range of industries including shipbuilding. The...
Community First Credit Union to Acquire Substantially All Assets of First Southern Bank
Community First Credit Union to Acquire Substantially All Assets of First Southern Bank
Mar 10, 2026
JACKSONVILLE, Fla. and BRADENTON, Fla., Nov. 18, 2025 /PRNewswire/ -- Community First Credit Union of Florida (Community First) and FSBH Corp. (FSBH) today announced a definitive agreement under which Community First will acquire substantially all of the assets and assume substantially all of the liabilities of First Southern Bank ( FSBH ), headquartered in Waycross, Georgia. FSBH Corp. (OTCPK: FSBH) is...
Copyright 2023-2026 - www.financetom.com All Rights Reserved