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Market Chatter: Barrick in Talks to Regain Control of Mali Mine After Dispute
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Market Chatter: Barrick in Talks to Regain Control of Mali Mine After Dispute
Nov 21, 2025 2:18 PM

04:52 PM EST, 11/21/2025 (MT Newswires) -- Barrick Mining ( B ) is in talks with the government of Mali to regain control of the Loulo-Gounkoto gold mine, Bloomberg reported Friday, citing people familiar with the matter.

Company representatives met with officials in Bamako on Friday to discuss the terms of a potential agreement, the report said.

Barrick closed the mining complex in January after Mali blocked exports, seized gold and detained employees. Operations restarted in September under state management after a government-appointed administrator took over in June, according to the news outlet.

Barrick didn't immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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