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
-
‘Dr Likee’ partners NGOs to clear hospital bills of needy persons at KATH
6 minutes -
High visa fees could undermine Ghana’s e-Visa gains – Tourism analyst
17 minutes -
Supreme Court dismisses IMANI Africa suit challenging President’s power to remove security chiefs
17 minutes -
Sovereignty is not measured by speeches but by jobs, healthcare and stable utilities — Chief of Staff
18 minutes -
Ghana signs $1.5bn AgriConnect Compact to create 2.6m jobs
21 minutes -
Binance appoints Sammy Mutua as General Manager for Africa
22 minutes -
AMA schedules June 6 National Sanitation Day exercise to tackle flooding and improve cleanliness
36 minutes -
Ivory Coast or Ghana: who really has the best performing economy?
59 minutes -
2nd Deputy BoG Governor urges businesses to avoid speculation and support Cedi stability
1 hour -
AMA sympathises with June 3 disaster victims, says steps taken to prevent recurrence
1 hour -
Ban on plastic materials will be difficult to enforce – EPA
1 hour -
Wontumi trial: Court sets July 3 for judgment
1 hour -
“We expect respect for our sovereignty” — Bagbin rejects foreign pressure on African values
1 hour -
Richard Jakpa calls for urgent irrigation investment in Upper West, warns against youth unemployment
1 hour -
Two people shot dead amid Kenya protests against US Ebola quarantine centre plan
1 hour