The government of Mali seized three tons of gold from a Canadian company

Mali is one of the leading gold producers in Africa, but for years it has struggled with violence and high rates of poverty and hunger

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Photo: Shutterstock
Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

The government of Mali today began seizing Canadian mining company Barik's gold reserves as part of a legal battle over a share of revenues owed to the West African nation, according to a letter from Barik.

The seizure follows a warning letter to Barik earlier this month from Mali's High Court of Inquiry, which said three tonnes of gold would be seized.

On Monday, a senior Barik manager confirmed that the Malian government had seized three tons of gold.

According to the manager, the gold was extracted from a mine near Kays in the west and transported by plane and truck to Mali's capital, Bamako.

The seized gold was estimated at around 180 million.

Mali is one of Africa's leading gold producers, but has struggled for years with violence and high rates of poverty and hunger.

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