Barrick Gold seeks arbitration over Mali mine dispute

WASHINGTON: Canadian miner Barrick Gold said on Wednesday it had submitted an arbitration request to the International Centre for Settlement of Investment Disputes, to settle a disagreement with Mali over its Loulo-Gounkoto gold mine complex.

Barrick, the world’s second-largest gold miner based on production, and the Mali junta have been in dispute since 2023 over a contract for Barrick based on the country’s new mining rules.

The fight has led to several levels of escalation...