By Portia Crowe
DAKAR (appstoreofficial.id) – Malian tax authorities have reinstated Barrick Mining’s office in the capital city under the management of a court-appointed administrator. This move comes after the office had been closed down in April due to allegations of unpaid taxes, according to two individuals familiar with the situation who spoke to appstoreofficial.id on Monday.
This represents the initial notable progression since a Malian court took action on June 16 to place the Canadian company’s Loulo-Gounkoto gold complex under state management, marking a substantial intensification of their ongoing conflict regarding tax obligations and asset ownership.
The entity appointed ex-Malian Health Minister Soumana Makadji as the interim administrator, a decision that Barrick stated they intend to contest.
Makadji is anticipated to resume operations at the facility shortly. According to three individuals privy to the details, he plans to inspect the location later this week.
He plans to conduct meetings with Barrick personnel and subcontractors at the Bamako office on Monday afternoon.
Representatives from Barrick and Mali’s mines ministry did not promptly reply to requests for their input.
Barrick has been engaged in talks with the government since 2023 regarding a new mining code aimed at increasing taxes and providing the government with a larger stake in the country’s gold mines.
The operations at the Loulo-Gounkoto mining complex were halted in mid-January following the military-controlled Malian administration’s decision to block Barrick's gold shipments and confiscate approximately three metric tons of their stockpile. Additionally, Barrick’s principal office in Bamako has remained shut down since April.
(Reported by Portia Crowe; Edited by Joe Bavier)