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Barrick Gold threatens to suspend Mali operations in stand-off with government

Dispute over revenues has led to detention of 4 employees and issue of arrest warrant for chief executive

Canada’s Barrick Gold on Monday said it might have to suspend its operations in Mali amid a dispute that has led to the detention of four employees and the issue of an arrest warrant for its chief executive.

The threat to halt operations is the latest development in a stand-off between the Malian government and international miners as the government seeks to gain a larger share of revenues from the country’s natural resources.

Barrick said its Loulo-Gounkoto mine complex in Mali employed 8,000 people and accounted for between 5 and 10 per cent of the country’s GDP.

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