Northwire Canada EditionSaturday, November 14, 2026
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M&A / Property

Barrick ends Mali gov't disputes, drops arbitration

ABX · Price

Executive Summary

  • Barrick Mining Corp. has reached a settlement agreement with the government of the Republic of Mali, resolving all outstanding disputes regarding its Loulo and Gounkoto mines.
  • The agreement mandates the immediate termination of the provisional administration of the Loulo-Gounkoto complex, with operational control being handed back to Barrick.
  • All legal charges against Barrick, its affiliates, and employees are being dropped, and legal steps are initiated for the release of four detained Barrick employees.

Key Details

  • Settlement Scope: The agreement ends all disputes between Barrick and the Malian government concerning the Loulo and Gounkoto mines.
  • Operational Control: The provisional administration of the Loulo-Gounkoto complex is terminated, and operational control is returned to Barrick.
  • Legal Resolution: All charges brought against Barrick, its affiliates, and employees will be dropped.
  • Employee Release: Legal steps are being undertaken to secure the release of four detained Barrick employees.
  • Arbitration Withdrawal: Barrick’s subsidiaries will withdraw arbitration claims currently pending before the International Centre for Settlement of Investment Disputes (ICSID).

Notable Quotes

  • "This will pave the way for a constructive path forward."
Read the original news release →

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