Barrick Gold Faces Export Issues, Operations at Risk

Barrick Gold Corp. encounters new export restrictions affecting operations. With ongoing negotiations with the Mali government, a potential suspension looms over the Loulo-Gounkoto complex, which could influence stock prices.

Date: 06-01-2025

AI Rating: 5

Export Issues and Operational Challenges
Barrick Gold Corp. is experiencing significant operational challenges due to export issues linked to its Loulo-Gounkoto complex in Mali. The interim attachment order, perceived as unwarranted by Barrick, not only disrupts daily operations but also poses risks to the national economy. The situation is precarious as the company is seeking an agreement with the Mali government to resolve disputes regarding the partnership and the benefits shared from the complex.

If negotiations fail, the company has indicated that it may have to temporarily suspend operations, which could severely impact revenue and profitability. Currently, Barrick's stock is exhibiting slight positive movement, trading at $15.97, up 0.82 percent in pre-market hours, suggesting some investor confidence amid uncertainty.

Stocks: GOLD