Sahel Edition

Sahel: Mali and Canadian mining firm Barrick are talking again

Posted On 3 February 2025

Number of times this article was read : 912

Mali’s junta and Canadian gold mining firm Barrick Gold went back to the negotiating table to find a compromise in their ongoing feud.  The two spent months fighting over the Loulo-Gounkoto gold mine, where the Malian authorities recently seized nearly three tons of gold to pressure the Canadian company. The ongoing talks seek to address Mali’s new mining code and a $199 million compensation demand. Previously, the government had also sought $500 million in unpaid taxes and issued an arrest warrant for Barrick’s CEO, Mark Bristow.

________
This analysis is reserved for clients subscribing to The North Africa Journal Already a subscriber?
Please log in here

Not a subscriber? Take advantage of our lowest subscription rates. Subscribe today



Other Articles in this Week's IssueMorocco is confronting a measles outbreak >>

More on the Sahel

Brief: Fifteen Migrants Found Dead in a Boat off the Coast of Nouadhibou, Mauritania

Mauritanian authorities discovered a boat near Nouadhibou carrying 39 migrants, including nine deceased and ten in critical condition. Survivors, primarily from Senegal and Mali, reported that fifteen migrants died from exhaustion, though not all bodies were found. The deceased were buried by local authorities. Mauritania has become a key transit point for African migrants attempting to reach Europe via the Canary Islands.

Mali Keeps Pressuring Algeria, Accusing it of Interference

Mali has accused Algeria of interference and supporting terrorist groups after top Algerian diplomat criticized its counter-terrorism strategy. Bamako alleges Algeria maintains ties to insurgent groups, a reference to the Toureg tribes, 

The North Africa Journal's WhatsApp Group
.
Shield and Alert Sahel

Pin It on Pinterest

Share This