Mali to Sell Over $100 Million in Seized Barrick Gold Assets Amid Ongoing Dispute Over Mining Sovereignty
Mali’s transitional government has authorized the sale of one metric ton of gold—valued at approximately $107 million—that was previously seized from the Loulo-Gounkoto mining complex operated by Canadian mining giant Barrick Gold. The move, executed by a state-appointed administrator, is aimed at covering urgent operational expenses including government salaries, fuel costs, and unpaid contractor invoices….