Barrick Mining Faces Financial Headwinds Following Mali Resolution
03.01.2026 - 04:23:04
Barrick Mining Corporation (NYSE: B) encountered a challenging start to the new year, with its shares declining on the first trading Friday of 2026. This downward movement occurred despite the recent resolution of a significant operational dispute in Mali, shifting investor focus from the political settlement to its substantial financial cost.
Key Data Points:
* Share Price Close: $43.55
* Daily Decline: 1.56%
* Mali Settlement Payment: Approximately $430 million
* Spot Gold Price: Near $4,360 per ounce
The company’s equity retreated from recent highs, participating in a broader sector-wide correction for precious metals. Although gold continues to trade at historically elevated levels around $4,360 per ounce, pressure emerged Read more...
