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Revival Gold to Acquire Barrick’s Full Stake in Mercur Gold Project
Revival Gold moves to fully control the Utah gold project by exercising its option to buy Barrick’s interest.
Revival Gold exercised its option to acquire 100% of Barrick’s interest in the Mercur Gold Project in Utah.
The deal includes staged payments totaling US$20M and a 2% net smelter return royalty to Barrick.
A recent Preliminary Economic Assessment (PEA) projects ~95,600 oz of gold/year over 10 years with NPV ~US$294M (at US$2,175 gold).
Taking full control of Mercur strengthens Revival’s asset base and could accelerate permitting and development, spotlighting mid-tier gold juniors as majors optimize portfolios amid strong metals markets.
#Mercur #RevivalGold #Barrick #MiningDeals #ASX $PAXG $XAU
Revival Gold moves to fully control the Utah gold project by exercising its option to buy Barrick’s interest.
Revival Gold exercised its option to acquire 100% of Barrick’s interest in the Mercur Gold Project in Utah.
The deal includes staged payments totaling US$20M and a 2% net smelter return royalty to Barrick.
A recent Preliminary Economic Assessment (PEA) projects ~95,600 oz of gold/year over 10 years with NPV ~US$294M (at US$2,175 gold).
Taking full control of Mercur strengthens Revival’s asset base and could accelerate permitting and development, spotlighting mid-tier gold juniors as majors optimize portfolios amid strong metals markets.
#Mercur #RevivalGold #Barrick #MiningDeals #ASX $PAXG $XAU
📊 IMF Sees Mali’s Economy Rebounding in 2026 After Barrick Deal Boosts Gold Output
The International Monetary Fund (IMF) now expects Mali’s economy to begin recovering in 2026, driven in large part by increased gold production after a settlement with mining giant Barrick Mining brought production back online.
📈 Economic turnaround forecast: The IMF projects an economic rebound in 2026 following recent challenges, including lower gold output and security-related disruptions.
⛏️ Gold output rises: Barrick has resumed operational control of its key Loulo-Gounkoto gold mine after resolving a long-running dispute with Mali’s government.
🇲🇱 Importance of mining sector: Gold remains a cornerstone of Mali’s economy and export revenue, making the resumption of mining activity critical to growth prospects.
Economic rebounds in resource-dependent nations often hinge on stable mining operations and investor confidence. With Barrick’s mine back in production and gold output picking up, Mali could see wider growth, improved fiscal metrics, and stronger investment flows in 2026 — but risks from security and governance remain.
#IMF #Mali #Barrick #EconomicGrowth #AfricaEconomy $XAU
The International Monetary Fund (IMF) now expects Mali’s economy to begin recovering in 2026, driven in large part by increased gold production after a settlement with mining giant Barrick Mining brought production back online.
📈 Economic turnaround forecast: The IMF projects an economic rebound in 2026 following recent challenges, including lower gold output and security-related disruptions.
⛏️ Gold output rises: Barrick has resumed operational control of its key Loulo-Gounkoto gold mine after resolving a long-running dispute with Mali’s government.
🇲🇱 Importance of mining sector: Gold remains a cornerstone of Mali’s economy and export revenue, making the resumption of mining activity critical to growth prospects.
Economic rebounds in resource-dependent nations often hinge on stable mining operations and investor confidence. With Barrick’s mine back in production and gold output picking up, Mali could see wider growth, improved fiscal metrics, and stronger investment flows in 2026 — but risks from security and governance remain.
#IMF #Mali #Barrick #EconomicGrowth #AfricaEconomy $XAU
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