Options Traders React to Barrick Gold's Mali Setback
Options traders are zeroing in on Barrick Gold Corp (NYSE:GOLD) stock, as the company faces turbulence following the suspension of operations in Mali. The decision comes after the Malian government seized approximately 3 metric tons of gold, valued at $245 million, from the company’s Loulo-Gounkoto mining complex. This action, tied to a dispute over revenue shares owed to the state, underscores escalating military pressure on foreign mining companies as Mali asserts greater control over its mineral resource ...