A Malian court has postponed a critical hearing on the future of Barrick’s Loulo-Gounkoto gold mining complex to June 16. The mine has been inactive since January amid a dispute with the government over taxes and ownership rights.

The government, which holds a stake in the complex, is seeking to place the site under provisional administration to break the deadlock. The request, filed in May, reflects Mali’s urgency to revive operations as gold prices reach new highs globally.

The Loulo-Gounkoto complex is one of Mali’s key gold assets, and the ongoing standoff has raised concerns over investor confidence and national revenue.

As the court prepares for the next hearing, all eyes remain on whether a resolution will emerge that allows the mine to reopen and stabilize Mali’s gold sector.