Mali charges and detains four Barrick employees

Barrick said four employees of its Loulo-Gounkoto mine had been charged and held pending trial in Bamako, and that it refutes the charges. The arrests came amid a dispute with Mali’s military government over a new mining code, taxes and the state’s share of the mine.

Why it matters. Country risk can hit a miner’s people and cash flows long before any formal expropriation.

Source

BNN Bloomberg

In the course

Module 10: Risk and jurisdiction