From Yahoo Finance: 2025-06-11 15:55:00

Barrick Mining removes Mali gold complex from 2025 output forecast due to a dispute over mining legislation. Loulo-Gounkoto gold complex operations suspended since January. Mali risks losing $1 billion in revenue, Barrick shares underperform. Mali government wants domestic court to appoint administrator for complex. Negotiations ongoing, court hearing scheduled for Thursday, disagreement over handling future disputes. Barrick loses 11% of expected 2025 earnings if complex remains idle. Mali is Africa’s third-largest gold-producing country, authorities say current agreement with Barrick is unfair. Other multinational miners have renegotiated agreements with the state.



Read more at Yahoo Finance: Exclusive-Barrick Mining removes Mali gold complex from 2025 output forecast, sources say