Barrick Gold Issues Urgent Deadline: Mali Faces Shutdown of Its Gold Mines

In a critical announcement that sent ripples throughout the mining and financial sectors, Barrick Gold Corp. has declared that the Malian government is racing against the clock to comply with requirements tied to the reopening of key gold mining operations. The company stressed that Mali has only one week to address these outstanding issues, or it may face a complete shutdown of its Cote d'Ivoire-based gold mines, including the significant Loulo and Gounkoto mines. These operations are not just vital to Barrick but are crucial to Mali’s economy, producing more than 25% of the country's gold output.

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