Mali Seizes 3 Tons of Gold from Barrick Amid Revenue Dispute

Reported 1 day ago

Mali's military government has confiscated 3 tons of gold from Canadian mining company Barrick as part of a legal dispute over revenue owed to the state. This action follows a warning from Mali's senior investigating judge and occurs amidst broader tensions involving Barrick, which has been accused of money laundering without evidence. The gold, valued at approximately $180 million, has been moved to the capital, Bamako, as part of Mali's efforts to increase revenue from foreign mining companies amid ongoing financial pressures.

Source: YAHOO

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