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Barrick Gold CEO Reaffirms Investment Commitment in Mali Amid Economic, Political Challenges
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Barrick Gold CEO Reaffirms Investment Commitment in Mali Amid Economic, Political Challenges
Jul 9, 2024 1:19 PM

03:58 PM EDT, 07/09/2024 (MT Newswires) -- Barrick Gold (GOLD) Chief Executive Officer Mark Bristow said Tuesday the company plans to continue investing in Mali despite the current economic and political climate spurring some miners to curtail or suspend operations in the country.

"In contrast, Barrick has been engaging with the National Directorate of Geology and Mines to grow our exploration footprint here, securing our ability to deliver real value to Mali and our stakeholders in the country," Bristow said in a statement.

Barrick invested over $10 billion in the Malian economy in the past 29 years and contributed more than $1 billion to the economy in the past year, Bristow said.

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