Barrick Gold is weighing a relocation of its corporate domicile from Canada to the U.S., as a relocation could attract a broader base of investors, CEO Mark Bristow said.

Barrick Gold will resume operations at its shuttered Loulo-Gounkoto mine in Mali once authorities in the country allow it to resume gold shipments, CEO Mark Bristow said on Wednesday. The Toronto-based miner said it has been assured by Mali that gold worth about $245 million seized by authorities still belongs to the company,

Canadian miner Barrick Gold revealed significant gains in the fourth quarter of 2024 (Q4 2024), with gold production increasing by 15% and copper production by 33%, compared with Q3. The company met its annual guidance with full-year attributable gold production of 3.

Barrick Gold Corporation GOLD recorded net earnings (on a reported basis) of $996 million or 57 cents per share for fourth-quarter 2024. The figure improved from a profit of $479 million or 27 cents per share in the year-ago quarter.

Barrick Gold rallies to its highest since November after reporting better than expected Q4 adjusted earnings and announcing a new $1B stock buyback program, helped by surging gold prices.

So while the news from Canadian gold stock Barrick Gold (TSE:ABX) has not been that great in recent days, especially with the whole Mali thing,