Barrick Resolves Mali Dispute, Sets Stage For An IPO - Barrick Mining (NYSE:B)

Barrick Mining Corporation (NYSE:B) has resolved a long-running dispute with the government of Mali. After nearly two years, including almost a year of halted production, the firm restored control over Loulo-Gounkoto, one of its most important gold assets.Barrick agreed to pay about 244 billion CFA francs, or roughly $430 million, while authorities will return three metric tons of seized gold.The Conflict TimelineThe dispute began in 2023 when Mali revised its mining code. The military-led government wanted ...