Barrick Gold Corp. and Mali are set to resume talks on resolving a monthslong dispute over the distribution of revenue from one of the world’s biggest gold mines.

Mali's government and Barrick Gold will start a new round of negotiations on Tuesday to resolve a deepening dispute over the alleged nonpayment of taxes by the Canadian miner and the seizure of its gold stocks by authorities in the country,

Barrick Gold Corp. closed C$6.52 below its 52-week high of C$29.50, which the company achieved on October 21st.

Barrick Gold in negotiations with Mali over tax dispute and gold seizure at the company's Loulo-Gounkoto complex.

Mali's government and Barrick Gold are set to engage in new negotiations to address a dispute over alleged tax non-payment by the miner and the consequent seizure of its gold stocks. The situation has led to the temporary suspension of Barrick's operations in Mali.