Mali's gold output hit by Barrick standoff, tougher mining rules [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
A sweeping audit led to the recovery of 761-billion CFA francs (US$1.2-billion) in arrears from mining companies, the government said in December. Mali completes takeover of gold mines abandoned by foreign companies Industrial production fell to 42.2 metric tons from an updated 54.8 tons in 2024, ?the data showed. Mali's industrial gold output peaked at 66.48 tons in 2023. The Loulo-Gounkoto complex, Mali's biggest producer, reopened in July under a state-appointed administrator, but persistent logistical issues capped output at just 5.5 tons in 2025, down from 22.5 tons a year earlier, the data ?showed. B2Gold BTG-A decrease overtook Barrick to become Mali's largest gold producer in 2025, ?delivering 17.5 tons, according to the data. Allied Gold, boosted by its large new mine Korali-Sud ?alongside its Sadiola mine, ranked second with 9.58 tons, followed by Barrick with 5.5 tons. Artisanal gold output remained unchanged at six tons in 2025. Combined with industrial output,
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