{"id":22504,"date":"2026-01-16T12:54:17","date_gmt":"2026-01-16T10:54:17","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/mali-gold-output-plunges-23-as-barrick-halt-tougher-rules-reshape-sector\/"},"modified":"2026-02-27T16:33:29","modified_gmt":"2026-02-27T14:33:29","slug":"mali-gold-output-plunges-23-as-barrick-halt-tougher-rules-reshape-sector","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/mali-gold-output-plunges-23-as-barrick-halt-tougher-rules-reshape-sector\/","title":{"rendered":"Mali gold output plunges 23% as Barrick halt, tougher rules reshape sector"},"content":{"rendered":"<p>Mali&#8217;s industrial gold output fell 22.9% in 2025, hurt by the lengthy suspension of Barrick Mining&#8217;s operations due to a dispute over tougher mining rules, provisional figures from the West African country&#8217;s Mines Ministry showed.<\/p>\n<p>&nbsp;<\/p>\n<p>Mali, one of Africa&#8217;s largest gold producers, has been pushing reforms intended to capture more value from the sector, enshrined in a mining code introduced in 2023.<\/p>\n<p>&nbsp;<\/p>\n<p>A sweeping audit led to the recovery of 761 billion CFA francs ($1.2 billion) in arrears from mining companies, the government said in December.<\/p>\n<p>&nbsp;<\/p>\n<p>But the tougher rules rattled some miners and sparked a two-year standoff with Barrick, and the Canadian company&#8217;s massive Loulo-Gounkoto complex was put under provisional administration before a deal was struck late last year.<\/p>\n<p>&nbsp;<\/p>\n<p>The standoff weighed on sector sentiment and disrupted output across the industry, offsetting gains from new entrants and expanded small\u2011scale industrial mines, according to the data seen by <em>Reuters<\/em> late on Thursday.<\/p>\n<p>&nbsp;<\/p>\n<p>Industrial production fell to 42.2 metric tons from an updated 54.8 tons in 2024, the data showed. Mali&#8217;s industrial gold output peaked at 66.48 tons in 2023.<\/p>\n<p>&nbsp;<\/p>\n<p>The Loulo\u2011Gounkoto complex, Mali&#8217;s biggest producer, reopened in July under a state\u2011appointed administrator, but persistent logistical issues capped output at just 5.5 tons in 2025, down from 22.5 tons a year earlier, the data showed.<\/p>\n<p>&nbsp;<\/p>\n<p>B2Gold overtook Barrick to become Mali&#8217;s largest gold producer in 2025, delivering 17.5 tons, according to the data.<\/p>\n<p>&nbsp;<\/p>\n<p>Allied Gold, boosted by its large new mine Korali-Sud alongside its Sadiola mine, ranked second with 9.58 tons, followed by Barrick with 5.5 tons.<\/p>\n<p>&nbsp;<\/p>\n<p>Artisanal gold output remained unchanged at six tons in 2025. Combined with industrial output, total national production was 48.2 tons in 2025 \u2013 22.7% below the government\u2019s original 54-ton forecast.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":15575,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-22504","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Mali's industrial gold output fell 22.9% in 2025","published_date":"2026-01-16 14:24:54","news_description":"Mali's industrial gold output fell 22.9% in 2025","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22504\/revisions"}],"predecessor-version":[{"id":25782,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/22504\/revisions\/25782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/15575"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=22504"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=22504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}