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More than 40 people, mostly women, were killed after an illegal gold mine collapsed in Mali on Saturday. The collapse took place near Kenieba, in Mali's western, gold-rich Kayes region.
Barrick, which operates the Loulo-Gounkoto mining complex in Mali, declined to comment on the issue. The news follows the detention of four Barrick employees over a $500 million tax dispute.
After seizing power in 2020, Mali's junta pledged to scrutinise its mining sector so the state would benefit more from gold prices running at all-time highs. Some Western miners, like Canada's ...
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The plant closed. By the mid-1990s, in part due to the collapse of the Soviet Union, most mining in the country was done via South African mining companies. [10] In the current day, some foreign companies are attempting to revitalize closed-down Soviet-supported mines in Mali. [11] The mining of other minerals have had a similarly complex history.
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Authorities in Mali have arrested four senior employees of a Canadian mining company as the military regime in the West African nation continues to detain workers to pressure companies in its ...
Resolute Mining (OTC:RMGGY) CEO Terry Holohan, along with two other company executives have been detained by the military-led government in Mali. ... Market Watch: Resolute's shares dropped 32.84% ...