Mali grants Barrick Gold a ten year extension for Loulo mining permit
Mali has approved a ten year extension for Barrick Gold's Loulo mining permit. This renewal follows a long dispute and secures the nation's largest gold mine.
Insights:
The government of Mali 
ML has approved a draft decree to renew the mining permit for the Loulo gold mine, which is operated by the Canada 
CA based Barrick Mining Corporation , for an additional 10 years. This decision, finalized today, resolves a multi-year dispute and restores full operational control of the Loulo-Gounkoto gold mining complex to the company. The approval marks the end of a two-year period of uncertainty that followed the implementation of Mali's 2023 mining code changes, which had triggered significant legal and operational disagreements.
ML has approved a draft decree to renew the mining permit for the Loulo gold mine, which is operated by the Canada CA based Barrick Mining Corporation , for an additional 10 years. This decision, finalized today, resolves a multi-year dispute and restores full operational control of the Loulo-Gounkoto gold mining complex to the company. The approval marks the end of a two-year period of uncertainty that followed the implementation of Mali's 2023 mining code changes, which had triggered significant legal and operational disagreements.
