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Barrick Mining reaches deal to settle dispute with government in Mali
Barrick Mining Corp. says it has signed a deal with the government of Mali to resolve their dispute over the company’s Loulo and Gounkoto mines. The miner has been in conflict with Mali’s military rulers over alleged unpaid taxes and unfair contracts with past governments. A judge in Mali ordered in June that Barrick’s Loulo-Gounkoto gold complex be placed under provisional administration for six months. Under the deal announced Monday, Barrick says all charges brought against the company, its affiliates and employees will be dropped and steps for the release of the four detained Barrick employees will be ... (full story)