Kinross Gold receives a double upgrade to "Buy" with a price target of $12.75, as production forecasts rise to 2M GEOs annually. Barrick Gold, however, faces challenges with mine shutdowns and tax disputes, leading to a downgrade to "Neutral." Analyst adjustments project Kinross boosting shareholder returns in 2025, while Barrick grapples with risks in Mali and the Dominican Republic. 
Latest Ratings for GOLD DateFirmActionFromTo Mar 2022Jefferi…

Benzinga

New York

United States

Kinross Gold's Production Outlook Improves, Analyst Double Upgrades Stock - Barrick Gold (NYSE:GOLD), Kinross Gold (NYSE:KGC)

Ad Fontes Media

Media Bias/Fact Check

Gold Clash: Mali and Barrick in High-Stakes Negotiations Mali's government is set to enter negotiations with Barrick Gold on Tuesday, confronting a growing dispute concerning alleged tax nonpayments by the mining giant, which has resulted in the seizure of nearly 3 metric tons of gold by Malian authorities. The talks aim to settle differences following the implementation of Mali's 2023 mining code.Barrick Gold, the globally recognized mining com…

Devdiscourse

India

Gold Clash: Mali and Barrick in High-Stakes Negotiations

Seeking Alpha

Kinross Gold double-upgraded to Buy at BofA ahead of Q4 results; Barrick cut to Neutral

Mali, Africa’s fourth-largest gold producer, recently seized three tons of gold—valued between $180 million and $245 million—from Barrick Gold Corporation. This dramatic move comes amid a contentious dispute over revenue sharing and unpaid taxes, following the adoption of Mali’s new mining code in 2023.The Malian government is demanding an additional $370 million in unpaid taxes from Barrick, which owns 80% of the Loulo-Gounkoto mining complex. …

African Vibes Magazine

Mali's Bold Move in Mining Seizing Gold and Asserting Sovereignty - African Vibes

The government of Mali and Barrick Gold (ABX.TO) are set to resume negotiations on Tuesday in an effort to resolve escalating tensions over alleged tax violations and the confiscation of gold by Malian authorities, according to sources close to the matter. The dispute arose after Mali seized nearly 3 metric tons of gold valued at $250 million from Barrick’s Loulo-Gounkoto mining complex. Barrick, the world’s second-largest gold producer, respond…

thesudantimes.com

Barrick Gold, Mali to resume mine dispute talks Tuesday

BARRICK Gold will open a new round of negotiations with Mali’s military junta on Tuesday in an effort to resolve a dispute over the alleged non-payment of taxes by the Canadian miner, said Reuters. Citing two sources familiar with the matter, the newswire said the key issues were Mali’s latest demand on alleged unpaid taxes – said to be around $199m – Barrick agreeing to Mali’s new mining code, and the release of gold stocks worth $250m seized b…

Kinross Gold's Production Outlook Improves, Analyst Double Upgrades Stock - Barrick Gold (NYSE:GOLD), Kinross Gold (NYSE:KGC)

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