Barrick Gold says it will be obliged to temporarily suspend operations at Mali mines
Barrick Gold will be obliged to temporarily suspend mining operations at the Loulo and Gounkoto mines in Mali after the government seized its gold stocks there, the Canadian mining firm said on Monday in a letter to the government seen by Reuters.
Barrick said it was waiting for confirmation that gold removed from its site had arrived at the Banque Malienne de Solidarite. The seizure of the gold meant it was no longer covered by Barrick’s insurance, the company said.
(By David Lewis and Portia Crowe; Editing by Chris Reese)
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