• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 22nd, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
A small toy figure and gold imitation are seen in front of the Barrick logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
A small toy figure and gold imitation are seen in front of the Barrick logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration/File Photo
Attendees speak with representatives at the Barrick booth, at the Prospectors and Developers Association of Canada (PDAC) annual mining conference in Toronto, Ontario, Canada March 3, 2025.  REUTERS/Carlos Osorio/File Photo
Attendees speak with representatives at the Barrick booth, at the Prospectors and Developers Association of Canada (PDAC) annual mining conference in Toronto, Ontario, Canada March 3, 2025. REUTERS/Carlos Osorio/File Photo
Home
Markets
Commodities

Exclusive: Mali shuts Barrick Gold's Bamako office over alleged non-payment of taxes

April 15th, 2025 | 10:16 AM MARKETS Commodities 2

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Greek crews fight wildfire northwest of Athens for fourth day
Dangote refinery can be global jet fuel supplier, CEO says
Asia's imports of US crude surge, but can't offset Hormuz losses
US gasoline market set for fresh test after near-record stock draws
By Portia Crowe

Malian authorities have shut the Canadian miner Barrick Gold's office in the capital Bamako over the alleged non-payment of taxes, two sources close to the matter told Reuters, in the latest escalation of a protracted dispute over mining revenues.

Barrick Gold did not immediately respond to a request for comment. It has previously denied any wrongdoing.

The Toronto-based miner and Mali have been in a dispute since 2023 over the implementation of the West African country's new mining code that gives Mali's government a greater share in the gold mine.

Staff in Bamako cannot access the office premises, one of the sources said, adding that the closure did not affect Barrick's Loulo-Gounkoto mining complex in western Mali, where operations have been suspended since mid-January.

The two sides have been negotiating to resolve the dispute and Reuters reported on February 19 that Barrick had signed an agreement to end it that awaits approval from the Malian government.

One of the sources who spoke about the shutdown of the head office and two other sources said a resolution to the dispute was expected as soon as next week.

The sources all asked not to be identified because of the sensitivity of the issue.

Operations at the Loulo-Gounkoto complex were suspended after the government in January seized around three metric tons of gold stock from it, accusing the company of not fulfilling its tax obligations. That tax dispute is separate from the one cited for this week's office closure, one of the sources said.

Mali's government, which took power after coups in 2020 and 2021, had been blocking the company's gold exports since early November.

Nearly 40 Malian staff from the Loulo-Gounkoto complex are being at least temporarily transferred to Barrick's Kibali mine in Democratic Republic of Congo, a fifth source said.

That person said the transfers are part of a first wave, but that 100 Malian staff in total have been identified for relocation, a sign operations are unlikely to restart soon.

  • Topic
  • BARRICKGOLD
  • MALI/ (UPDATE 1, EXCLUSIVE, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Greek crews fight wildfire northwest of Athens for fourth day

Related Posts

Commodities
August 3rd, 2026

Greek crews fight wildfire northwest of Athens for fourth day

Commodities
June 2nd, 2026

Dangote refinery can be global jet fuel supplier, CEO says

Commodities
June 2nd, 2026

Asia's imports of US crude surge, but can't offset Hormuz losses

Commodities
June 1st, 2026

US gasoline market set for fresh test after near-record stock draws

Commodities
June 1st, 2026

China's crude oil imports slump, but it's economics not altruism

Commodities
May 29th, 2026

Mapping the Market: Gold approaches potential crossroads 

The Wire
Aug 21st 1 day ago
Government

Trump administration moves to end attorney group's law scho...

Aug 21st 1 day ago
Africa

First migrants buried in Spain's Ceuta after deadly border ...

Aug 21st 1 day ago
Americas

Lula, Trump discuss tariffs in phone call, Brazil says

Aug 21st 1 day ago
World

US plans $725 million payment towards its large UN debt

Aug 21st 1 day ago
Middle East

NATO members discuss Strait of Hormuz options without allia...

TRENDING ON FINANCETIME
Aug 21st, 2026 Americas

Mexican governor accused by US of cartel ties returns to office

Aug 21st, 2026 Middle East

Turkey to seek Interpol notice for Netanyahu in Gaza flotilla case

Aug 21st, 2026 Litigation

Explainer: Why is Trump talking about the Keystone XL oil pipeline?

Aug 21st, 2026 Wealth

Guggenheim fund hits 17-year low after short-seller claims

Aug 21st, 2026 Wealth

Ken Griffin's Citadel sheds over $4 billion of Situational Awareness' bets


  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT