Mali Says State Working on Resuming Output at Barrick Gold Mine

Mali said a temporary administrator will restart production at Barrick Mining Corp.’s Loulo-Gounkoto gold complex, which was put under provisional administration earlier this month.

A dispute between Mali’s military junta and the Canadian miner escalated on June 16 when a court in Bamako ruled the state could take over management of the mine for six months. Barrick shuttered Loulo-Gounkoto — one of its most important assets — after the Malian authorities blocked bullion exports and detained senior employees.