Barrick Says 'Committed to Reaching a Mutually Beneficial Resolution' In Mali
Barrick Gold has been locked in a dispute with the Malian government over its assets, but remains committed to finding a mutually beneficial solution. The company's operations have been temporarily suspended due to a dispute over a new mining code that gives the state a greater share in Barrick's gold-mining complex. Despite efforts to finalize an agreement, progress has been slow.
- The prolonged nature of this dispute raises questions about the level of influence government can exert on foreign companies operating within its borders.
- How will the resolution of this dispute impact Mali's ability to collect revenue from its natural resources in the long term?