Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company's Loulo-Gounkoto complex and flew them out by helicopter over the weekend.

Mali's military government is holding gold seized from Barrick Gold's Loulo-Gounkoto mine site at state-owned Banque Malienne de Solidarite (BMS), two sources said, as the miner pursues plans to suspend its operations in the country.

An ongoing dispute over ownership stakes in Barrick’s operation in Mali has led to the arrest of mining officials, the government’s gold seizure and the company’s shutdown of its mine.

By Portia Crowe, Divya Rajagopal and Giulia Paravicini DAKAR (Reuters) -Mali began flying gold out of Canadian miner Barrick Gold's Loulo-Gounkoto complex by helicopter on Saturday, four sources close to the situation said,

As previously reported, BofA downgraded Barrick Gold (GOLD) to Neutral from Buy with a price target of $18, down from $21. Given the

Barrick Gold Corporation President and CEO Mark Bristow visits the trading floor of the New York Stock Exchange after ringing the opening bell, Wednesday, Jan. 2, 2019. (AP Photo/Richard Drew, File) Copy DAKAR, Senegal (AP) — Mali’s military government ...

Barrick Gold Corp. said it’s suspending mining operations in Mali after the government started removing gold from the nation’s biggest mine in the latest escalation of a months-long dispute.

The military-led government in Mali seized around three metric tons of gold from Barrick Gold's Loulo-Gounkoto complex, intensifying a dispute over mining contracts. The seized gold, valued at $245 million,

Canadian miner Barrick Gold said it will have to suspend mining operations in Mali after the government seized gold stocks from the company's Loulo-Gounkoto complex and flew them out by helicopter over the weekend.

Barrick Gold suspends mining operations in Mali after government seizes gold stocks from Loulo-Gounkoto complex and flew them out by helicopter over the weekend.

Canada's Barrick Gold has confirmed the suspension of its operations in Mali after the government seized gold stocks from the Loulo-Gounkoto mining complex. Barrick holds an 80% stake in the ...

Barrick Gold suspends mining operations in Mali after government seizes gold stocks from Loulo-Gounkoto complex and flew them out by helicopter over the weekend.