TORONTO, Nov 7 (Reuters) - Barrick Gold ( GOLD ), the
world's No. 2 miner, is confident of concluding talks for a new
mining code with Mali's junta-led government before the end of
the year, CEO Mark Bristow told Reuters on Thursday.
Talks between Toronto-based Barrick with the authorities in
Mali on how to implement new mining rules governing its
Loulo-Gounkoto mining complex, one the biggest gold mines in
Mali, have dragged on for months.
The West African country is demanding about $500 million in
unpaid taxes from Barrick, Reuters reported citing sources, as
the government tries to wring more income from the sector, which
is dominated by gold miners, to shore up state revenues as
prices of the precious metal rally.