Mali Seeks $512 Million in Taxes from Barrick Gold

Mali's government is demanding $512 million in back taxes from Barrick Gold following a mining audit, with negotiations to settle the dispute. ... the figure, stating it covers taxes owed for 2020, 2021, and 2022. A third source, a senior official with another mining company in the country, said Mali believes Barrick owes as much as 500 billion ...

Four Barrick Gold employees arrested in Mali; company says …

Barrick Gold (NYSE:GOLD) -0.9% in Tuesday's trading after saying four employees of its Loulo-Gounkoto mining complex in Mali have been charged and detained pending trial, as a dispute …

Mali detains top executive and 2 others from gold mining company …

YAOUNDE, Cameroon -- The military junta in Mali has arrested the top executive and two other employees of Australia's gold mining company Resolute Mining while they were visiting the country for ...

Australian gold mining company to pay Mali's junta …

The Australian company has been working for years at Mali's Syama gold mine, a large-scale operation in the country's southwest. It holds an 80 per cent stake in mine, while the Malian ...

Segala Mining – An Nguvu Mining Project – Nguvu Mining …

The share capital is 80% owned by NGUVU MINING LIMITED, with a presence in Ghana, Mali, and Niger and 20% by the Republic of Mali. As part of the development of the deposits of the MIKO SA permit, the Nguvu Holdings group majority shareholder of MIKO SA and SEMICO SA has entrusted to Semico SA the processing of ore extracted from MIKO deposits.

Mali says Barrick Gold owes $500m in taxes, fines

Mali's military government is seeking at least 300-billion CFA ($512-million) in outstanding taxes and dividends from Barrick Gold, three sources said, a move that is part of a push by the country ...

Mali gold mining revenue rises 23% in 2021

State revenue from gold mining companies in Mali rose 23% year-on-year in 2021 to 564.5 billion CFA francs ($931 million) after certain tax allowances were ended, a mines ministry official said on ...

Barrick reaches deal with Mali after reports staff were detained

Mali's junta in 2023 adopted a new mining code that could see the government increase its stake to 35% in existing gold mines. Mining companies operating in Mali, including Barrick – the world ...

Resolute CEO detention in Mali comes amid West Africa mining …

Gold miner Resolute Mining finds itself at the center of a broad shakeup of regulatory regimes across West Africa following the detention of the company's chief executive in Mali, as cash ...

Golden Opportunity for Mining in Southern Mali

As the fourth largest gold producer in Africa, Mali is home to over 350 artisanal gold-mining sites alongside multiple corporate mining projects. More than 2 million people in the country depend ...

Barrick Gold Employees Arrested in Mali; Settlement Still …

Barrick Gold said that four of its employees in Mali have been arrested, but said it won't let this impede finding an resolution to its dispute with the government over contributions …

Gold production in Mali and major projects

Leading producers of gold in Mali are B2Gold, Barrick Gold and AngloGold Ashanti. During 2020-2021, B2Gold 's output was down by 3%, Barrick Gold 's output …

Morila Gold Mine, Mali, West Africa

The Morila Gold Mine is an open-pit mining operation located approximately 280km south-east of Bamako, the capital city of Mali. It is jointly owned by Australian lithium company Firefinch (80%) and the Government of Mali (20%) through a joint venture Société des Mines de Morila (Morila).

Mali: Five Largest Mines in 2021

Fekola Mine in Kayes, was the largest mine in Mali, producing approximately 6.57 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced gold (567.8 thousand ounces) in 2021. The Fekola Mine is owned by B2Gold Corp;Government Of Mali, and is due to operate until 2034. The second largest mine with approximately 4.75 mmtpa of ROM and …

$67 million raised for Mali gold project

Confidence about a prospective gold mine in Mali got a significant boost, after the company behind the project raised US$67 million to go toward construction.

Mali Arrests Four Malian Employees Of Canadian Gold …

Mali has arrested four Malian employees of Canadian mining company Barrick Gold, the firm said on Tuesday, in the latest detention of a foreign mining company's …

Robex Announces Agreement with Mali Government for Nampala Gold Mine

QUEBEC CITY, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. ("Robex" or the "Company") (TSXV: RBX) is pleased to announce it has executed an agreement with the Government of Mali (the "Government" or the "State") that resolves all tax and customs claims for any period prior to December 31, 2023.The parties will take the necessary steps to execute …

Australian mine company to pay Mali junta $160 million …

The Australian company has been working for years at Mali's Syama gold mine, a large-scale operation in the country's southwest. It holds an 80% stake in mine, while the Malian government ...

Four Barrick Gold employees arrested in Mali, miner says

Four employees of Canada's Barrick Gold have been charged and detained pending trial in Mali, the company said on Tuesday, as the military-led government strives to raise more money from mining ...

Nampala Operations Robex Mali Nampala Operations

The Nampala Gold Mine is located in the Republic of Mali, approximately 250km southeast (335km by road) of the capital of Bamako, 45km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region.

Mali detains top executive and 2 others from an Australian gold mining …

YAOUNDE, Cameroon (AP) — The military junta in Mali has arrested the top executive and two other employees of Australia's gold mining company Resolute Mining while they were visiting the country for talks over an unspecified dispute, the company said Monday.. The three – including the chief executive Terence Holohan – were detained last Friday in Mali's capital of Bamako.

Diba Gold Project, Mali

Altus received a four-year gold mining licence from the Ministry of Mines, Energy and Water of Mali for the Diba gold project in April 2022.. Location and geology of the Diba Project. The Diba project is located approximately 450km west of Bamako and 100km south of Kayes. Spread across 81.1km², the Korali Sud licence is situated 5km west of the Lakanfla …

Russia Tightens Control of Malian Gold

It also created a mining exploration and research company to audit the sector. Experts say Mali's most productive gold mines — Loulo and Gounkoto, run by Canada's Barrick Gold — are in Russia's crosshairs. In 2022 the two mines produced 19.4 tons of gold, nearly a third of the country's 66-ton production.

B2Gold

B2Gold is a low-cost international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines, the Goose Project under construction in northern Canada, and numerous development and exploration projects in various countries including Mali, Colombia and Finland.

Loulo-Gounkoto Gold Mine Complex, Mali

The Loulo-Gounkoto gold mine complex, situated in Mali, is a significant gold production venture, comprising both open-pit and underground mining operations. It is one of the world's largest gold producers and has …

Resolute Mining

Resolute Mining's CEO Terry Holohan has been leading a 3-year turnaround of the gold mining company, focusing first on improving production and then costs. Key challenges included fixing technical issues with the underground mine and sulphide processing plant in Mali. Automation efforts had to be scrapped.

Four Barrick Gold employees arrested in Mali; company says …

Barrick Gold (NYSE:GOLD) -0.9% in Tuesday's trading after saying four employees of its Loulo-Gounkoto mining complex in Mali have been charged and detained pending trial, …

B2Gold, Mali agree on deal for Fekola mine, including …

Mali's ruling junta had previously announced that it would delay the granting of all new mining permits to B2Gold while conducting an audit of its mining sector to apply a new mining code, which ...

B2Gold

Mali: Mine type: Open pit: Metals mined: Gold: Ownership (4) 80%: Processing plant: ... signed by the President of Mali. In light of such, the Company transferred ownership of 20% of Fekola S.A. to the State of Mali. The first non-participating 10% of the State of Mali's ownership entitles it to an annual priority dividend equivalent to 10% of ...

Mali: Director of Australian gold company arrested

The Australian company has been working for years on the Syama gold mine in Mali, a large-scale operation located in the southwest of the country. It owns 80% of the mine, while the remaining 20% ...