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Barrick’s future in Mali hinges on key gold mine permit renewal
One of the next major hurdles in Barrick Mining Corp.’s saga in Mali will be renewing a key gold mining license, after the state temporarily took over the vast Loulo-Gounkoto complex this week. The permit for Loulo, where processing facilities are located, expires in February, shortly after the period of provisional administration is supposed to end. Barrick filed a renewal request four months ago, a spokesperson for the company said, adding that a separate license for Gounkoto runs for another 17 years. Barrick’s woes in the West African nation experienced a dramatic escalation on Monday when a Malian court ... (full story)
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- Jun 19, 2025 10:06pm Posted byFundamental Analysis246
