Loading ...Mali seizes 3 tons of gold from Canadian company Barrick amid dispute over share of revenue
Mali’s military government has started seizing gold stocks of the Canadian mining company Barrick as part of a legal battle over the share of revenue owed to the West African state. The letter from CEO Mark Bristow to staff, dated Monday, says Barrick is “awaiting official confirmation of the proper receipt by the Malian Solidarity Bank,” a government entity.
On Monday, a senior Barrick manager confirmed that three tons had been seized by the military government and placed in the capital, Bamako. Valued at around $180 million, the gold seizure is part of the dispute over revenues owed to the state.
Funny how these idiots will eventually try to steal the mine altogether and destroy their cash cow in the process as greed takes over the low IQ ingrates running the country. Not sure of the entire situation and I don’t care. If anyone does know, I’d like to hear what’s going on behind the scenes.
So, I guess I do care, but not really. Gold drives men mad and seems to screw as many people as it makes rich.