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.

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, Reuters reported. Former Malian health minister Soumana Makadji will take over as provisional administrator for six months,

A judge in Mali has placed Canadian mining company Barrick Gold under provisional administration in an ongoing dispute with the military government over alleged unpaid taxes