Nov 24 (Reuters) - Canadian miner Barrick Mining ( B )

has reached an agreement with Mali's government to

resolve all their disputes over the Loulo-Gounkoto gold mining

complex since 2023.

The dispute was over the implementation of a new Mali mining

code that raises taxes and gives the government a greater share

of gold mines.

The miner, formerly called Barrick Gold ( B ), said it will drop

its arbitration case against Mali at the World Bank dispute

tribunal. In return, Mali will drop all charges against Barrick

and its affiliates, release the employees and give back

operational control to the Canadian miner.

Following is the timeline of the events:

July 14, 2023: Mali's military-led government proposes

changes to its mining law that would increase state and local

interest in projects by 35%.

September 27, 2024: Mali's military-led authorities arrest

four employees of the miner for alleged financial crimes.

October 8, 2024: Mali government seeks about 300 billion CFA

($512 million) from Barrick as unpaid dues.

December 5, 2024: Mali issues an arrest warrant for

Barrick's former CEO Mark Bristow, accusing him of money

laundering and violating financial regulations.

December 16, 2024: Barrick threatens to suspend its

operations in Mali.

December 18, 2024: Barrick launches arbitration against Mali

at the International Centre for Settlement of Investment

Disputes

January 13, 2025: Mali's military-led government seizes 3

metric ton of gold from Barrick's mine

January 14, 2025: Barrick suspends operations in Mali

February 19, 2025: Barrick signs a new agreement with the

Mali government to end an almost two-year-old dispute over its

mining assets in the West African country. Deal falls through.

15 April 2025: Malian authorities shut Barrick's Bamako

office over alleged unpaid taxes, and the government threatens

to place the suspended Loulo-Gounkoto mine under provisional

administration unless it reopens and tax payments are made.

May 7, 2025: Barrick CEO Mark Bristow says it is spending

$15 million a month to keep its Mali mine running and does not

know where Mali's government is keeping the gold seized from the

Canadian company.

11 June, 2025: Barrick removes Mali gold complex from its

2025 output forecast.

16 June, 2025: Loulo-Gounkoto mine in Mali placed under

state control by a court

23 June, 2025: Malian tax officials reopen Barrick's Bamako

office under a court-appointed administrator

8 July, 2025: The administrator of Loulo-Gounkoto complex

plans to sell one metric ton of gold from the storeroom as

operations resume after nearly six months of suspension.

22 July, 2025: A court in Mali rejects Barrick's appeal to

release four employees arrested last November, calling the

request unfounded. Barrick says the allegations against the

employees as baseless.

September 29, 2025: Barrick appoints veteran executive Mark

Hill as interim president and CEO following the sudden

resignation of Mark Bristow.

Bristow's handling of Barrick's flagship asset in Mali

proved to be the last straw for the board to initiate a change

in leadership, four people familiar with the development tell

Reuters.

October 10, 2025: Operations at Barrick's Loulo underground

gold mine in Mali are scheduled to begin on October 15, four

months after a court-appointed provisional administration took

control of the site, two sources tell Reuters.

October 31, 2025: World Bank arbitration body rejects a

request by Barrick to expedite its international arbitration

case against Mali.

November 21, 2025: Barrick Mining ( B ) and Mali's government

reach a verbal agreement to resolve their dispute over the

mining complex, two sources familiar with the situation tell

Reuters.

November 24, 2025: Barrick Mining ( B ) reaches agreement with

Mali's government to resolve all their disputes over the mining

complex.

(Reporting by Pranav Mathur, Varun Sahay and Vallari

Srivastava in Bengaluru; Editing by Arun Koyyur)