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Barrick Mining and Mali agree in principle to resolve dispute over Loulo-Gounkoto mine
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Barrick Mining and Mali agree in principle to resolve dispute over Loulo-Gounkoto mine
Nov 21, 2025 2:18 PM

TORONTO/DAKAR, Nov 21 (Reuters) - Barrick Mining ( B )

and Mali's government have reached a verbal agreement

in principle to resolve their dispute over the Loulo-Gounkoto

mining complex, two sources familiar with the situation told

Reuters on Friday.

No agreement has yet been signed, the sources said.

Spokespersons for Barrick Mining ( B ) and the Malian mines

ministry did not immediately respond to requests for comment.

The two sides have been in a dispute since 2023 over the

implementation of a new mining code that raises taxes and gives

the government a greater share of gold mines.

Barrick suspended operations at the behemoth

Loulo-Gounkoto complex in January and a Malian court in June

appointed a provisional administrator to restart operations at

the complex, although blasting did not begin until October.

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