Mali shuts Barrick Gold’s Bamako office over alleged non-payment of taxes, sources say [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
taxes, two sources close to the matter told Reuters, in the latest escalation of a protracted dispute over mining revenues. Barrick Gold did not immediately respond to a request for comment. It has previously denied any wrongdoing. The Toronto-based miner and Mali have been in a dispute since 2023 over the implementation of the West African country’s new mining code that gives Mali’s government a greater share in the gold mine. Staff in Bamako cannot access the office premises, one of the sources said, adding that the closure did not affect Barrick’s Loulo-Gounkoto mining complex in western Mali, where operations have been suspended since mid-January. The two sides have been negotiating to resolve the dispute and Reuters reported on February 19 that Barrick had signed an agreement to end it that awaits approval from the Malian government. One of the sources who spoke about the shutdown of the head office and two other sources said a resolution to the dispute was expected as soon
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