Articles for tag: Barrick Gold

October 22, 2025

Bay St Signal Editors

Gold Rout Exposes Barrick’s Fragile Footing

Gold dropped 6.3 percent yesterday, its sharpest single-day fall since 2013, and the move lands hardest on miners already wobbling. Barrick’s share price now faces the same gravity as the metal because a year of production slips, legal rows and cost creep has left little shock absorber when bullion stumbles. Gold’s $300 slide wiped US$160 billion from global gold-equity value in hours as the US dollar firmed and traders cashed recent gains. Strong Price, Weak Miner Barrick keeps telling investors it is firing on all cylinders, yet the engine misfires. Q2 output came in 16 percent below last year as

October 1, 2025

Signal Editorial

How Mark Bristow’s Handling of Barrick’s Flagship Asset in Mali Led to Ouster

Barrick Gold’s sudden leadership shake-up in late 2025 caught many in the mining industry off guard. The exit of CEO Mark Bristow followed months of internal tension over his management of the company’s operations in Mali, where the loss of control over the Loulo-Gounkoto complex marked a turning point. His handling of Barrick’s flagship asset in Mali directly triggered the board’s decision to remove him from the top position, signalling deep concern over strategy and governance. The dispute with Mali’s government over mining rights and seized gold created operational and financial strain. According to Reuters, the company wrote off roughly $1 billion after