Tag #Barrick Gold

theglobeandmail.com
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Barrick Gold Announces \$1 Billion Buyback Amid Higher Gold Prices, Mali Mine Closure

Barrick Gold Corp announced a \$1 billion share buyback program on Wednesday after exceeding fourth-quarter profit expectations thanks to higher gold prices that rose over 27 percent in 2024, its best yearly performance since 2010; however, the company lowered its gold output forecast for 2025 due t...

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32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Mali Gold Seizure Halts Barrick Operations Amid Tax Dispute

Mali's military junta seized US$245 million worth of gold from Barrick Gold's Loulo-Gounkoto mine, prompting Barrick to temporarily suspend operations due to an escalating tax dispute and the arrests of its employees; this reflects broader resource nationalism and political instability in the region...

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Barrick Faces Mali Shutdown Over Export Restrictions

Barrick Gold Corp. will shut down its Malian operations within a week if the military junta continues restricting gold exports, impacting 14 percent of its EBITDA and potentially harming Mali's economy.

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40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Barrick Suspends Mali Operations Amidst Government Dispute

Barrick Gold Corp. will suspend its Mali mining operations due to the government's blocking of gold shipments and imprisonment of its managers on unfounded charges, escalating a conflict over tax disputes and resource control that threatens Mali's economy and foreign investment.

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56% Bias Score

Decent Work and Economic Growth
lemonde.fr
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Malian Junta Seizes Gold Stocks at Barrick Gold Mine, Threatening Operations

On January 13th, the Malian junta seized gold stocks from Barrick Gold's Loulo-Gounkoto mine, escalating a revenue-sharing dispute that has already blocked gold exports for over seven weeks; this action threatens to suspend operations at one of the world's largest gold complexes, significantly impac...

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36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Mali Seizes \$380 Million in Gold from Barrick Mine, Threatening Production

Mali's government seized roughly \$380 million worth of gold from Barrick Gold's Loulo-Gounkoto mine on January 11th, escalating a contract dispute and potentially halting operations at a site that produces 14 percent of Barrick's projected 2025 gold output, amid broader renegotiations by West Afric...

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40% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 85% Global Worthiness
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Mali's Gold Mine Seizure Threatens Barrick Operations

On January 6th, the Malian junta ordered the seizure of Barrick Gold's gold stock at the Loulo-Gounkoto mine, prompting Barrick to threaten operational suspension within a week unless the issue is resolved. This follows months of conflict over revenue sharing and accusations of corruption, impacting...

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44% Bias Score

Decent Work and Economic Growth