Canadian miner Barrick Gold has signed a new agreement with the Malian government to end an almost two-year-old dispute over its mining assets in the West African country, four people familiar with the developments told Reuters on Wednesday.

Canadian miner Barrick Gold has reached a new agreement with the Malian Government, potentially resolving a nearly two-year-old dispute over mining operations in the West African nation, reported Reuters,

Barrick Gold (NYSE: GOLD) (TSX: ABX) has signed a new agreement with the Malian government to end the dispute over its mining assets in the West African country, Reuters reported, citing four people familiar with the matter. According to the news agency, the deal is pending formal approval from Mali’s government.

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 told Reuters on Wednesday.