Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) has mining projects in 15 countries and has been operating in Mali for the past 25 years.
In 2000, it financed and built the Morila mine, which has produced more than 6 million ounces of gold and has distributed more than $2 billion to its stakeholders. An agribusiness project at Morila is designed to provide ongoing economic opportunities after the mine’s eventual closure. Additionally, the continuing profitable growth of the Loulo-Gounkoto Gold Mining Complex is a shining example of what can be achieved through a genuine partnership between investors and governments.
Barrick remains committed to Mali’s gold mining industry through brownfields and greenfields exploration, with a view to discovering new world-class gold deposits and developing these into sustainably profitable mines.