Options Traders React to Barrick Gold's Mali Setback
BarrickBarrick(US:GOLD) Schaeffers Investment Research·2025-01-15 19:32

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 ...

Options Traders React to Barrick Gold's Mali Setback - Reportify