The ruling junta in Mali is tightening its hold on the gold industry as it moves to reclaim control from established foreign operators and boost local processing capacity through investment from Russia.

Canada's Barrick Mining had its Loulo-Gounkoto gold complex in Mali placed under state control by a court on Monday in a major escalation of a dispute over taxes and ownership. A former Malian health minister,

Barrick Gold’s giant Loulo-Gounkoto gold complex in Mali has been placed under the provisional administration of the country's military junta amid an ongoing tax dispute. The Canadian-owned complex