Barrick’s Seized Mali Gold Mine Restarts Under State Management

Operations restarted at Barrick Mining Corp.’s massive gold mine in Mali for the first time in more than nine months, after a state administrator took over the asset in June, according to people familiar with the matter.

Barrick shuttered the Loulo-Gounkoto complex in January after the West African nation blocked exports, seized gold and detained senior employees. The dispute with the military-led government reached its lowest point four months ago when a court appointed Soumana Makadji, an accountant and former health minister, to manage the mine for at least six months.