Mali expects rise in gold output in 2025 on reopened Barrick operations

Production is expected to reach 54.7 metric tons of gold, according to the document from the West African country's mines ministry, after plunging 23% to 51.7 tons in 2024.
A major gold producer in
Barrick suspended operations at its Loulo-Gounkoto operation
in January after
Four of its employees have been detained since November on charges including money laundering and financing of terrorism, allegations the company denies.
Barrick signed an agreement with the government in February to end a broader nearly two-year tax dispute. Malian authorities, however, have yet to approve the deal.
Spokespeople for
In an interview with Reuters on
The undated ministry document bases its annual estimate on a resumption of Barrick's activities in March, forecasting output of 1.1 tons for the month - a target likely to be missed as the company's operations remain suspended.
In its annual report released this month, Barrick said it
was now assuming a scenario in which production in
Barrick produced 0.63 tons of gold in January and none in February, the document showed.
In December,
The ministry expects that mine to produce 381,959 tons of
lithium spodumene in 2025, according to the document.
(Additional reporting by
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