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Barrick and Mali govt to start new negotiations on Tuesday
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Barrick and Mali govt to start new negotiations on Tuesday
Jan 27, 2025 10:14 AM

TORONTO, Jan 27 (Reuters) - Mali's government and

Barrick Gold ( GOLD ) will start a new round of negotiations on

Tuesday to resolve a deepening dispute over the alleged non

payment of taxes by the Canadian miner and the seizure of its

gold stocks by authorities in the country, two sources familiar

with the matter told Reuters.

Barrick, the world's second largest gold miner by

production, has temporarily suspended its mining operations in

Mali after the government seized close to 3 metric tons of gold

from the company's Loulo-Gounkoto complex.

Shares of Barrick were trading down by 2% at the Toronto

Stock Exchange at 5:50pm GMT.

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