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Management of the Loulo-Gounkoto mining complex: signing of an agreement between Barrick and the Malian government

23/12/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Barrick Mining confirmed the conclusion of an agreement with the Malian State for the resolution of their dispute over the gold mine Loulo-Gunkoto. After months of intense negotiations, a compromise strategic was found between the Canadian giant Barrick Gold and the authorities Malian women.

The Malian extractive industry is entering a new era of cooperation. The agreement between Barrick Gold and Mali allows the multinational to stabilize its operations while aligning itself with new national requirements. For the country's economy, this event is crucial: the mining sector contributes to more than 10% of GDP and represents around 80% of Mali's total exports, making this agreement a an essential growth driver for public finances.

In fact, this renewed partnership guarantees, beyond numbers, the sustainability of thousands of direct and indirect jobs in the Kayes region. The agreement not only provides for the maintenance of production capacities, but also an acceleration of investments technologies to optimize extraction. By complying with the Mining Code in vigor, Barrick Gold reaffirms its position as a leading partner, all by committing to increased transparency on the revenues generated.

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