Barrick Says It Reaches Deal With Mali After Reports Staff Were Detained
Mali’s junta adopted a new mining code in 2023 that could see the government increase its stake to 35% in existing gold mines.
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Barrick Gold Corp. and Mali’s military leadership have agreed to resolve a dispute over the company’s assets in the West African nation.
“Barrick and the government of Mali have agreed to find a global resolution to the existing claims and disputes between the government and Barrick’s Loulo and Gounkoto gold mining companies,” the Toronto-based miner said in an emailed statement on Monday.