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GOLD-BARRICK GOLD CORP

Barrick Gold Reaches $438 Million Agreement with Mali to Resume Operations at Loulo-Gounkoto Mine After Two-Year Dispute

Thursday

27 February, 2025

Barrick Gold's recent agreement with the Malian government marks a pivotal moment in resolving a two-year dispute that halted operations at the Loulo-Gounkoto mine. With a $438 million payment on the table, can this resolution pave the way for renewed growth and investor confidence?

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Key Takeaways
  • Barrick Gold's agreement with Mali enhances its operations at the crucial Loulo-Gounkoto mine.
  • The $438 million payment aids in resuming operations and releasing workers.
  • Rising share prices indicate increased investor confidence in Barrick's future.
  • A projected $1.07 billion revenue from Mali in 2024 suggests robust financial health.
  • The resolution positions Barrick favorably for growth and investment appeal.
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