Barrick Gold (GOLD) Provides Further Update on Loulo-Gounkoto Operations in Mali
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Barrick Provides Further Update on Loulo-Gounkoto Operations in Mali
January 14, 2025 6:00 AM ESTTORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE: GOLD)(TSX:ABX) today confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex in Mali. Additionally, the interim attachment order on the gold has now been executed by the Malian government by moving the existing gold stock from the site to a custodial bank, further preventing the shipment and sale of the gold.
As a result, Barrick has regrettably initiated the temporary suspension of operations while it continues to work towards a resolution.
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