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Barrick Mining Removes Mali Gold Complex From 2025 Output Forecast, Sources Say
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4 Articles
While Malian justice is scheduled to rule on Thursday, June 12, on the provisional placement of the Loulo-Gounkoto mine, which is 80% owned by the Canadian company, the company has withdrawn the country from its production forecasts and seems to be giving up against the junta.
The mining operator Barrick Mining has removed the Loulo-Gounkoto gold complex in Mali from its production forecasts for 2025, according to sources cited by Reuters. A decision that follows a more than two-year dispute between the Canadian group and the Malian government over new mining legislation. The Malian crisis has already affected Barrick's stock market performance, whose shares are below those of its competitors, and could amputate up to…
Barrick removes Mali gold complex from 2025 output forecast amid ongoing legal disputes
Barrick Mining has excluded its Mali gold complex from its 2025 production forecast, as tensions rise from a two-year dispute over new mining legislation in Mali.The post Barrick removes Mali gold complex from 2025 output forecast amid ongoing legal disputes appeared first on Mining Technology.
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