Core Insights - Barrick Mining Corporation has reached an agreement with the Government of Mali to resolve all disputes related to the Loulo and Gounkoto mines, leading to the dropping of all charges against the company and its employees [1] - The provisional administration of the Loulo-Gounkoto complex will be terminated, allowing Barrick to regain operational control [1] - As part of the settlement, Barrick's subsidiaries will withdraw arbitration claims pending before the International Centre for Settlement of Investment Disputes (ICSID) [1] Company Overview - Barrick Mining Corporation is a leading global mining, exploration, and development company with a significant portfolio of gold and copper assets, including six Tier One gold mines [2] - The company operates in 18 countries across five continents and is the largest gold producer in the United States [2] - Barrick aims to create long-term value for stakeholders through responsible mining practices and strong partnerships [2]
Barrick Announces Resolution of its Disputes with Mali