Canadian Gold Mining Firm Agrees To Pay Millions To Mali

The longstanding row between Mali and mining firm Barrick Gold over unpaid taxes is one step closer to resolution – with the Canadian enterprise agreeing to pay up $438 million. Bamako has yet to approve the deal, which would see arrested employees released, seized gold returned and mining operations resume. Like fellow revolutionary Sahel states Burkina Faso and Niger, Mali has been working to end exploitative agreements and secure a fairer return on its mineral resources.

Sources:

https://www.reuters.com/markets/commodities/barrick-gold-signs-agreement-with-mali-end-mining-dispute-2025-02-19/?taid=67b66bdd4babdc000171c0be&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

https://canadiandimension.com/articles/view/in-west-africa-canadian-mining-firms-come-up-against-bloc-of-independent-states

https://www.barrons.com/news/canadian-mining-firm-employees-arrested-in-mali-sources-3e682292

https://en.sputniknews.africa/20240928/four-employees-of-canadian-miner-barrick-gold-reportedly-arrested-in-mali-for-financial-crimes-1068456430.html

https://archive.ph/BDsaN