Barrick Gold Surges to Top 155 Most Actively Traded Stocks with $549 Million Turnover Amid Legal Battles in Mali

On June 2, 2025, Barrick Gold Corporation (B) saw a significant increase in trading volume, with a turnover of $549 million, marking a 70.39% rise from the previous day. This surge placed Barrick among the top 155 most actively traded stocks for the day. The company's stock price also rose by 6.05%, marking the second consecutive day of gains and a total increase of 6.95% over the past two days.

Barrick Gold Corporation is currently facing legal challenges in Mali, where a local court has repeatedly postponed hearings regarding the potential provisional administration of its Loulo-Gounkoto gold mining complex. This complex is a critical asset for Barrick, and the ongoing legal disputes have raised concerns about the company's operational stability in the region.

In response to these challenges, Barrick has sought intervention from the World Bank's arbitration tribunal. This move is aimed at resolving the legal issues and ensuring the continued operation of the Loulo-Gounkoto complex, which is vital for the company's gold production and overall financial performance.

Despite these legal hurdles, Barrick has managed to reach an agreement with the Malian government to address the dispute over the Loulo-Gounkoto mining complex. This agreement, reached in 2023, is a significant step towards resolving the long-standing issues and securing the future of Barrick's operations in Mali.