financetom
Business
financetom
/
Business
/
Barrick CEO says spending $15 million a month on Mali mine
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Barrick CEO says spending $15 million a month on Mali mine
May 26, 2025 2:48 AM

TORONTO (Reuters) - Barrick CEO Mark Bristow said the miner is spending $15 million a month to keep its Mali mine running, and that he does not know where the government is keeping the gold that it confiscated from the company.

Speaking in an interview about the long-running conflict with Mali authorities, Bristow said the government walked back on an agreement three times, and called the jailing of Barrick employees in the country a human rights violation.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Penguin Solutions Fiscal Q4 Non-GAAP Earnings Rise, Net Sales Decline -- Shares Slump After Hours
Penguin Solutions Fiscal Q4 Non-GAAP Earnings Rise, Net Sales Decline -- Shares Slump After Hours
Oct 17, 2024
04:21 PM EDT, 10/15/2024 (MT Newswires) -- Penguin Solutions (PENG) reported fiscal Q4 non-GAAP earnings late Tuesday of $0.37 per diluted share, up from $0.35 a year earlier. Analysts surveyed by Capital IQ expected $0.40. Net sales for the quarter ended Aug. 30 were $311.1 million, down from $316.7 million a year earlier. Analysts surveyed by Capital IQ expected $325...
Powell Industries Insider Sold Shares Worth $642,402, According to a Recent SEC Filing
Powell Industries Insider Sold Shares Worth $642,402, According to a Recent SEC Filing
Oct 17, 2024
04:21 PM EDT, 10/15/2024 (MT Newswires) -- Thomas W Powell, 10% Owner, on October 11, 2024, sold 2,451 shares in Powell Industries ( POWL ) for $642,402. Following the Form 4 filing with the SEC, Powell has control over a total of 2,314,593 shares of the company, with 682,265 shares held directly and 1,632,328 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/80420/000121919924000012/xslF345X05/primary_doc.xml Price:...
J.B. Hunt Transport Services Q3 EPS, Operating Revenue Decrease
J.B. Hunt Transport Services Q3 EPS, Operating Revenue Decrease
Oct 17, 2024
04:19 PM EDT, 10/15/2024 (MT Newswires) -- J.B. Hunt Transport Services (JBHT) reported Q3 earnings Tuesday of $1.49 per diluted share, down from $1.80 a year earlier. Analysts polled by Capital IQ expected $1.41. Operating revenue for the quarter ended Sept. 30 was $3.07 billion, down from $3.16 billion a year earlier. Analysts surveyed by Capital IQ expected revenue of...
Meta must face US state lawsuits over teen social media addiction
Meta must face US state lawsuits over teen social media addiction
Oct 17, 2024
* Judge rejects Meta's bid to dismiss the claims * States seek injunction and monetary damages By Brendan Pierson Oct 15 (Reuters) - Facebook parent company Meta must face lawsuits by U.S. states accusing it of encouraging social media addiction among teens, a federal judge in California ruled on Tuesday. Oakland-based U.S. District Judge Yvonne Gonzalez Rogers rejected Meta's bid...
Copyright 2023-2026 - www.financetom.com All Rights Reserved