Comments on: Barrick and Mali fail to reach deal, talks halted /barrick-and-mali-fail-to-reach-deal-talks-halted/ No 1 source of global mining news and opinion Mon, 17 Feb 2025 15:05:26 +0000 hourly 1 https://wordpress.org/?v=6.8.1 By: Michek Jebrak /barrick-and-mali-fail-to-reach-deal-talks-halted/#comment-362993 Mon, 17 Feb 2025 15:05:26 +0000 /?p=1171807#comment-362993 In 1997, I met with Mark Bristow to sell the Malian Gold Syndicate (Mali-BRGM) gold properties, including Loulo, to Randgold. Exploration work had been very low due to a lack of capital in France. He was already fantastically enthusiastic. After Sadiola, he largely built Mali’s gold mining industry. The Malian government should honor him rather than sue him!

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By: Fred /barrick-and-mali-fail-to-reach-deal-talks-halted/#comment-362528 Wed, 12 Feb 2025 05:25:11 +0000 /?p=1171807#comment-362528 The Mining community world-wide, particularly this of Occidental origin, are vexed by protracted mining developments projects; projects of which mandate economic certainties, both for various stage mining developments, and too, to enable profitability. Readers would be wise to remember this. The average western-based mine opening these years takes some 3 decades to develop from deposit identification to actual opening of mines. Therein, whenever another flippant government finds itself in power, it would be a very poor precedent for a mining company the size of Barrick to “cave in” to renewed mining desired agenda as such proposed by the new military government in Mali. Many other banana republics are watching this issue & would immediately emulate such tactics. The entire mining industry suffers from a funding drought. We who invest millions in this industry, worry that continued dis-incentives for investing in any mining form will be further discouraged. All humanity will pay dearly if this issue in Mali results favourably for Mali; even the citizens of Mali have no idea how essential Barrick’s financial support has been for the nation. Resource nationalisation isn’t going to save humanity in the years ahead; instead lead to suffering by millions of souls.

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By: Scott Desmond /barrick-and-mali-fail-to-reach-deal-talks-halted/#comment-362496 Tue, 11 Feb 2025 21:24:47 +0000 /?p=1171807#comment-362496 Barrick are losing a lot of credibility from what I saw at another site North Mara it’s definitely a different story to be told

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