Barrick Continues to be a Major Value Creator for Mali
From GlobeNewswire:
Barrick Gold Corporation, a valuable partner to Mali for 27 years, has contributed almost $10 billion to the Malian economy in taxes, royalties, salaries, and local supplier payments. Its Loulo-Gounkoto mines have consistently contributed 5-10% to Mali’s GDP and have provided over 70% of economic benefits to the state. Loulo-Gounkoto is a Tier One mining complex, ranking among the world’s largest gold producers and achieving successful brownfields drilling. The development of a solar farm and battery energy storage system reflects Barrick’s commitment to renewable energy. Community projects have brought clean water to 13,000 Kunda village residents. Barrick Gold Corporation has been successful in Mali and has no intention to cease its operations.
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