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Barrick Gold Halts Mali Operations Amid Government Restrictions
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Barrick Gold Halts Mali Operations Amid Government Restrictions

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Barrick Gold ( (TSE:ABX) ) has provided an announcement.

Barrick Gold Corporation has temporarily suspended operations at its Loulo-Gounkoto mining complex in Mali due to restrictions imposed by the Malian government on gold shipments. The government has moved the gold stock to a custodial bank, preventing shipment and sale, prompting Barrick to work towards a resolution with stakeholders to ensure the long-term sustainability of its operations and their economic impact in Mali.

More about Barrick Gold

Barrick Gold Corporation is a leading company in the gold mining industry, primarily focused on the production and sale of gold and copper. With operations in various countries, Barrick aims to maintain a strong presence in the global mining market.

YTD Price Performance: -3.26%

Average Trading Volume: 21,159,523

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $27.6B

See more data about ABX stock on TipRanks’ Stock Analysis page.

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