About 3 metric tons of gold seized from Canadian miner Barrick Gold's Loulo-Gounkoto mining complex in Mali is now being held at state-owned Banque Malienne de Solidarite (BMS), two sources told Reuters.

Canada’s Barrick Gold has suspended operations in Mali after the government seized gold from the company in an escalation of a dispute between the military junta and international mining groups.

Malian authorities have confiscated about 3 metric tons of gold from Barrick Gold's Loulo-Gounkoto mining site due to an ongoing dispute. The gold, valued at $245 million, is now held at Banque Malienne de Solidarite.