Barrick to halt Mali mine amid fresh export restrictions

Barrick Gold is halting operations at its Loulo-Gounkoto mine in Mali due to extended government restrictions on gold exports. The ban impacts both current and stockpiled gold, intensifying an ongoing dispute over revenue sharing. Barrick warns of economic repercussions, including layoffs, and has sought arbitration while negotiating with Mali to resolve the crisis. The mine is a major contributor to Mali's economy, but the blockade raises concerns about the mining sector’s stability.