Mali Economy Strengthened by Barrick Gold Mine

Mali Economy Strengthened by Barrick Gold Mine

Barrick Gold Corporation recently provided an update on its operations. The Loulo-Gounkoto complex in Mali, which is a major gold producer, has made a significant impact on the Malian economy by injecting over $1 billion in the past year. This consistent support has been crucial in contributing to the country’s revenue. The complex is on track to achieve its production goals for both the quarterly and annual periods, while maintaining a strong safety and environmental performance.

Investments are being made to extend the life of the mine and explore new growth opportunities. One of the key initiatives includes a shift towards renewable energy, with plans to expand the solar power plant at the complex. This demonstrates Barrick Gold’s commitment to sustainability and reducing its environmental footprint while continuing to drive growth and create value for stakeholders.

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