Barrick’s Next Risk in Mali Is Loss of Key Gold-Mining Permit

One of the next major hurdles in Barrick Mining Corp.’s saga in Mali will be renewing a key gold mining license, after the state temporarily took over the vast Loulo-Gounkoto complex this week.

The permit for Loulo, where processing facilities are located, expires in February, shortly after the period of provisional administration is supposed to end. Barrick filed a renewal request four months ago, a spokesperson for the company said, adding that a separate license for Gounkoto runs for another 17 years.