Metals
Gold$4,285.06+0.00%|
Silver$64.30+0.00%|
Platinum$1,778.00+0.00%|
Palladium$1,271.07+0.00%|
Gold$4,285.06+0.00%|
Silver$64.30+0.00%|
Platinum$1,778.00+0.00%|
Palladium$1,271.07+0.00%|
Latest News
▶Greenland Mines announces secondary listing of shares in Europe|▶Barrick Mining reaches deal with unions at Mali gold mine, easing strike threat|▶Fortescue, Metso reach green ironmaking milestone|▶Australia's Northern Star rejects $27bn takeover approach from Gold Fields|▶China says US trade truce extension creates space to advance talks|▶Brazilian tailings processor Itabiriçu escalates court action against Vale over 'ore stealing' dispute|▶Fortescue, Metso reach green ironmaking milestone|▶St Barbara finds better economics, higher output at same capital cost for 15-Mile|▶Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|▶Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|▶Greenland Mines announces secondary listing of shares in Europe|▶Barrick Mining reaches deal with unions at Mali gold mine, easing strike threat|▶Fortescue, Metso reach green ironmaking milestone|▶Australia's Northern Star rejects $27bn takeover approach from Gold Fields|▶China says US trade truce extension creates space to advance talks|▶Brazilian tailings processor Itabiriçu escalates court action against Vale over 'ore stealing' dispute|▶Fortescue, Metso reach green ironmaking milestone|▶St Barbara finds better economics, higher output at same capital cost for 15-Mile|▶Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|▶Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|
Back to News
Latest News

Barrick Mining reaches deal with unions at Mali gold mine, easing strike threat

Barrick Mining reaches deal with unions at Mali gold mine, easing strike threat
28 September 20265 Mins read

Canada's Barrick Mining has signed a new collective bargaining agreement with unions representing workers at its Loulo-Gounkoto gold mine in western Mali, a company spokesperson and a union official said on Sunday, easing the threat of a strike.

"We confirm that we have signed a new Collective Bargaining Agreement with the LG unions," the spokesperson said.

Bani Sacko, a union official at Barrick's Loulo-Gounkoto complex, confirmed to Reuters on phone call that strike action has been called off.

"On Monday the 21st, after a meeting, an agreement was reached and the strike action has since been called off. Apparently, all the other strike actions have also been called off," Sacko said.

The Loulo-Gounkoto unions had submitted a list of 15 demands, Sacko added.

The agreement was earlier reported by Bloomberg News, which cited Abdoulaye Coulibaly of Mali's National Union of Malian Workers.

"The strike threat has been resolved," Coulibaly said, according to the Bloomberg report. He added that the agreement involved workers at Food & Events Africa, Somilo and Gounkoto.

Earlier this month, unions representing workers at Somilo and Gounkoto said they would begin strike action at the end of September unless demands on overtime pay, reimbursement of mission expenses and implementation of labour agreements were met.

Separate strike notices were also submitted by Barrick's catering and support staff contractor Food & Events Africa as well as workers in Mali's mining regulator and other mining administration agencies.

Mali, one of Africa's leading gold producers, resolved a dispute with Barrick in November last year over profit-sharing and control of the Loulo-Gounkoto gold mining complex after two years of negotiations.

Toronto-based Barrick temporarily suspended operations in January last year, after Mali's military-led authorities arrested the miner's employees and issued an arrest warrant for the company's former CEO Mark Bristow for alleged financial crimes.

The Malian government tightened its grip on the mining sector under a 2023 mining code aimed at boosting state revenues from the country's natural resources. 

Our Trusted Brands

Arras Minerals
Afrikor
Arizona Gold & Silver
Astra Exploration
Aurion Resources
Bluenergies
Bactech
Digipower X
Gold Hunter Resources
Golkor
Guanajuato
Harfang
He Capital
Kodiak Copper
Leviathan
Loyalist
Mining Investment Event
Noble Plains
Pan Global
Power Metallic
SilverWolf
Spacekor
US Gold
USDC
Vivio Power
West Red Lake
Arras Minerals
Afrikor
Arizona Gold & Silver
Astra Exploration
Aurion Resources
Bluenergies
Bactech
Digipower X
Gold Hunter Resources
Golkor
Guanajuato
Harfang
He Capital
Kodiak Copper
Leviathan
Loyalist
Mining Investment Event
Noble Plains
Pan Global
Power Metallic
SilverWolf
Spacekor
US Gold
USDC
Vivio Power
West Red Lake

News & Updates

Subscribe to Our Latest News & Updates