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GOLD COUNCIL AWAITING U.S. CLARITY ON GOLD BAR TARIFFS, BARRICK CEO SAYS

https://media.zenfs.com/en/reuters-finance.com/5c35048a4606f0893689d0d74d0fb153
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✍️  Barrick Mining CEO Mark Bristow discussed the company's performance and ongoing disputes with Mali and Saudi Arabia.
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👉 Barrick Mining CEO Mark Bristow discussed the company's performance and ongoing disputes with Mali and Saudi Arabia.
👉 The company beat analysts' expectations for second-quarter profit due to a surge in gold prices.
👉 Barrick lost control of its Loulo-Gounkoto gold mine complex in Mali due to a dispute over a new mining contract and non-payment of taxes.
👉 The company recorded a pretax loss of $1.03 billion due to the loss of control of the mine in Mali.
👉 Barrick is not involved in facilitating a potential investment by Saudi Arabia's sovereign wealth fund PIF in the Reko Diq copper-gold project in Pakistan.

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#MarkBristow #DivyaRajagopal #MaxwellAkalaareAdombila #RobbieCorey-Boulet #Toronto #Mali #Pakistan #SaudiArabia #business
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