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The Mining Insider

The Mining Insider

Barrick Mali on Strike Watch, Copper's Nine-Year Supply Crunch, and Venezuela's Gold Deal

The Mining Insider · Sep 19, 2026 · 11:51

0:0011:51

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September 19, 2026 | Host: Logan Ore | Runtime: ~11 minutes

Stories covered:
1. Barrick's Loulo-Gounkoto Mali complex: multiple unions file strike notices with September 28 deadline — mine workers, catering staff, and Mali's mining regulator all included
2. Copper mine supply heading for first annual decline since 2017 — Sprott Asset Management report; Chile down 9.4% YoY, 600,000 tonnes removed from Grasberg and Kamoa-Kakula
3. US DFC approves $414 million for Global Atomic's Dasa uranium project in Niger — highest-grade deposit in Africa, conditions remain
4. Venezuela and opposition near deal to transfer $4 billion in gold from Bank of England to New York Fed
5. Weekly metals wrap — gold $4,380 (+0.73% week), silver $66.35 (+3.05% week), copper outperforms, iron ore producer equities diverge

Sources:
- Reuters (Barrick Mali strike): https://www.reuters.com/business/world-at-work/multiple-unions-threaten-strikes-barricks-flagship-mali-gold-mine-documents-show-2026-09-18/
- Sprott Asset Management (copper supply): https://sprott.com/insights/copper-s-rally-meets-a-deepening-supply-crunch/
- Reuters (Niger uranium): https://www.reuters.com/world/africa/us-seals-big-uranium-investment-niger-two-years-after-troops-left-2026-09-17/
- Reuters (Venezuela gold): https://www.reuters.com/world/americas/venezuela-nears-deal-move-4-billion-gold-reserve-new-york-ft-says-2026-09-18/
- The Rio Times (weekly metals): https://www.riotimesonline.com/gold-silver-precious-metals-saturday-september-19-2026/

Episodes: The Mining Insider

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