In Mali, four executives from Barrick Gold, the Canadian mining company operating the Loulo-Gounkoto Mine in the western region, have been arrested on charges of money laundering and misappropriation of public assets.

The arrests come amid growing scrutiny by Malian authorities of foreign companies in the country’s mining sector. For months, the government has ramped up efforts to address alleged financial irregularities and ensure compliance with local laws.

In response, Barrick Gold issued a statement disputing the charges against its employees, though it refrained from providing detailed comments on the case. The company emphasized its commitment to following legal and ethical standards in its operations.

This development highlights the increasing pressure on international mining firms operating in Mali, a country heavily reliant on its gold production for economic stability. The arrests also underscore the broader tensions between the Malian government and foreign companies amid a changing regulatory environment.