National Post (Latest Edition)

BARRICK’S CONGO MINE REJECTS FINANCIAL CLAIM

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Kibali Goldmines SA, the Congolese joint venture of Barrick and Anglogold Ashanti, said its 10 per cent shareholde­r Société Minière de Kilo-moto (SOKIMO) had filed a financial claim against it in a Kinshasa commercial court. The Democratic Republic of Congo news website objectif-infos.cd published documents Sunday showing state-owned SOKIMO filed proceeding­s on April 16 claiming Kibali owed SOKIMO US$1.1138 billion in unpaid dividends and other funds. Kibali described the claim as a second attempt by SOKIMO to “extort certain benefits from the company.” “Kibali also rejects the current proceeding­s on the basis that it was similarly spurious and without substance, and would seek its dismissal as it had done with the previous claim.”

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