{"id":287490,"date":"2026-02-17T01:04:09","date_gmt":"2026-02-17T01:04:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/287490\/"},"modified":"2026-02-17T01:04:09","modified_gmt":"2026-02-17T01:04:09","slug":"mali-and-canadian-miner-reset-ties-over-900-million-gold-asset-with-10-year-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/287490\/","title":{"rendered":"Mali and Canadian miner reset ties over $900 million gold asset with 10-year deal"},"content":{"rendered":"<p>\n        The renewal follows a November agreement that resolved tensions triggered by Mali\u2019s 2023 mining code, which increased taxes and expanded state participation in extractive projects.\n    <\/p>\n<p>\n        Under the settlement, the Canadian-based Barrick Mining withdrew its arbitration case at the World Bank dispute tribunal, while <a href=\"https:\/\/africa.businessinsider.com\/local\/lifestyle\/malis-president-strengthens-grip-on-gold-converting-barrick-feud-into-strategic\/t0wd7qn\" id=\"0edc300d-4a59-4ebc-96ef-c04bada42493\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">Mali dropped legal charges against the company<\/a> and its affiliates, released detained staff, and restored operational control of the mine.\n    <\/p>\n<p>\n        Mali\u2019s leader said the agreement \u201crestores stability and clarity\u201d to a sector that underpins national revenues, reinforcing the government\u2019s message that reforms will be enforced but negotiated outcomes remain possible.\n    <\/p>\n<p>\n        As part of the renewal process, Barrick completed a new feasibility study confirming economically viable reserves for about six years of open-pit mining and 16 years of underground mining. The study projects gross annual output of roughly 420,920 ounces.\n    <\/p>\n<p>\n        For investors and policymakers alike, the deal signals a cautious reset between African governments and global miners amid tighter resource nationalism.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"The renewal follows a November agreement that resolved tensions triggered by Mali\u2019s 2023 mining code, which increased taxes&hellip;\n","protected":false},"author":2,"featured_media":287491,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":{"0":"post-287490","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/287490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=287490"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/287490\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/287491"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=287490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=287490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=287490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}