Mali and Barrick talks suspended without reaching an agreement
Mali and Barrick Gold Corp’s negotiations to end a protracted dispute over payments from the country’s biggest gold mine have been suspended, according to people familiar with the government’s position. In the battle over Barrick’s Loulo-Gounkoto complex, Mali is asking the Canadian miner for a 125-billion CFA francs ($197-million) settlement payment, and for its adherence to a new mining code that came into force in 2023, according to three people on the government’s side familiar with the talks.
Mali and Barrick Gold Corp’s negotiations to end a protracted dispute over payments from the country’s biggest gold mine have been suspended, according to people familiar with the government’s position. In the battle over Barrick’s Loulo-Gounkoto complex, Mali is asking the Canadian miner for a 125-billion CFA francs ($197-million) settlement payment, and for its adherence to a new mining code that came into force in 2023, according to three people on the government’s side familiar with the talks.
