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Leadership Crisis at Barrick as CEO Mark Bristow Exits Amid Mali Troubles...
30 Sep, 2025 08:41 343 min read
In a surprise move, Barrick Gold's CEO Mark Bristow has departed immediately. The primary catalyst was a major crisis at the company's key Loulo-Gounkoto mine in Mali, where Barrick lost operational control, had gold seized by the government, and took a $1 billion write-off. Additional factors included the stock's significant underperformance compared to peers and a reported personality clash with the Chairman. The company's future in Mali remains highly uncertain with a key license renewal due in 2026. Chief Operating Officer Mark Hill has been appointed as the interim CEO.... More