The Government of Mali extends Barrick Mining’s Loulo gold mining permit by 10 years, resolving profit-sharing disputes. Mali drops legal charges and restores operational control to Barrick. New feasibility study supports 6 years of open-pit mining and 16 years of underground operations, with projected annual gold production at 420,920oz.

Barrick completes the sale of Hemlo Gold Mine in Canada to Carcetti Capital for up to $1.09bn, with cash and shares payments. Agreement finalised in September 2025. Transaction includes additional payments tied to production levels and gold prices over five years.

Read more at Yahoo Finance: Mali grants ten-year renewal for Barrick’s Loulo project permit