in Short

Mali : Loulo-Gounkoto restarts, up to $1.5bn revenue expected

Gold output is gradually resuming at Mali’s Loulo-Gounkoto complex, operated by Barrick Gold, following a comprehensive deal signed with the government in December 2025. In its February 5, 2026 financial report, the group forecasts 260,000–290,000 ounces for the year, below the 720,000 ounces produced in 2024 but still strategic. With high gold prices, revenues could reach at least $1.5 billion, boosting tax income for the state, which holds a 20% stake.

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