GOLD Continues Collaborating With Mali Government to Finalize Deal

Core Viewpoint - Barrick Gold Corporation is committed to finalizing an agreement with the Government of Mali, which was negotiated and approved in February 2025, and emphasizes the importance of resuming operations for both economic and humanitarian reasons [1][2][3]. Group 1: Agreement and Negotiations - Barrick has been actively seeking a constructive resolution to outstanding disputes and made an $85 million payment as part of the negotiations [1]. - The company is ready to resume production immediately, which would generate significant revenue for Mali through tax and royalty payments [2]. - Barrick urges the Malian government to finalize the agreement to protect the country's economic interests and the welfare of its people [3]. Group 2: Production and Financial Projections - For 2025, Barrick anticipates gold production between 3.15 million and 3.5 million ounces, with all-in sustaining costs projected at$1,460 to $1,560 per ounce [6]. - Cash costs per ounce are expected to be between$1,050 and $1,130, with a similar cost of sales range [6]. - The company also forecasts copper production of 200,000 to 230,000 tons, with all-in sustaining costs of$2.80 to $3.10 per pound [7]. Group 3: Stock Performance - Barrick's shares have increased by 21.8% over the past year, compared to a 52% rise in the industry [5].