Audio By Carbonatix
Malian tax officials have reopened Barrick Mining's office in the capital under a court-appointed administrator, after it was shuttered in April over alleged non-payment of taxes, two people close to the matter told Reuters on Monday.
It marks the first significant development since a Malian court on June 16 placed the Canadian miner's Loulo-Gounkoto gold complex under state control in a major escalation of a protracted dispute over taxes and ownership.
It named former Malian health minister, Soumana Makadji, as provisional administrator in a move that Barrick has said it will appeal.
Makadji - who is expected to restart operations at the complex soon - held a meeting with staff at the Bamako office on Monday afternoon. He said he would visit the mining site on Wednesday, according to a meeting attendee.
He said the mines should be able to finance themselves going forward once production has restarted and gold sales resume.
He was also meeting with subcontractors on Monday, three people familiar with the matter said.
Spokespeople for Barrick and for Mali's mines ministry did not immediately respond to requests for comment.
Barrick and the government have been in negotiations since 2023 over the implementation of a new mining code that raises taxes and gives the government a greater share in the gold mines.
Operations at the Loulo-Gounkoto mining complex have been suspended since mid-January after the military-led Malian government blocked Barrick's gold exports and seized three metric tons of its stocks. Barrick's main office in Bamako has been closed since April.
Latest Stories
-
Baba Jamal expresses gratitude, calls for unity after securing Ayawaso East NDC slot
13 minutes -
Ayawaso East Primary: Sharing the TVs is only a gift, not meant to influence votes – Baba Jamal
2 hours -
Ayawaso East: I’ve been giving gifts this week – Baba Jamal admits giving out TV sets
2 hours -
Baba Jamal wins NDC Ayawaso East Primaries
2 hours -
NDC Ayawaso East primary: Baba Jamal expresses confidence after voting
2 hours -
Mahama approves operating licence for UMaT mining initiative
3 hours -
NDC condemns vote-buying in Ayawaso East primaries, launches investigation
3 hours -
Ayawaso East NDC primary: Sorting and counting underway after voting ends
3 hours -
Africa must build its own table, not remain on the menu — Ace Anan Ankomah
4 hours -
US wants Russia and Ukraine to end war by June, says Zelensky
4 hours -
Let’s not politicise inflation – Kwadwo Poku urges NDC
4 hours -
(Ace Ankomah) At our own table, with our own menu: Africa’s moment of reckoning – again
4 hours -
Land dispute sparks clash in Kpandai; 3 motorbikes burnt
4 hours -
15 injured as Ford Transit overturns at Gomoa Onyaazde
4 hours -
Government pays School Feeding caterers 2025/26 first term feeding grant
4 hours
