Commodities
Barrick Regains Mali Mine Along With Three Tons of Its Gold
Gold bearing rock moves along conveyor belts at the production plant for the Loulo-Gounkoto gold mine complex in Loulo, Mali.
Photographer: Simon Dawson/BloombergMali has restored control of the Loulo-Gounkoto mine to Barrick Mining Corp. and will return three tons of gold to the company after the two sides resolved a years-long dispute last month.
The restitution has already been ordered, with the return of the gold and the handover of the mine set to follow the formal conclusion of legal proceedings, the company’s legal representative said.