The Globe and Mail reports in its Thursday edition that Barrick chief executive officer Mark Bristow is refusing to shut the door on accepting new investment from state-controlled Chinese companies. The Globe's Niall McGee writes that last year, in an effort to bolster the domestic critical-minerals industry, the federal government said it would not allow any more investment by China, except on exceptional grounds, on national-security concerns. Ottawa has also signalled its distaste for gold investment by China into Canada. In 2020, the government blocked the acquisition of Canadian gold miner TMAC Resources by state-controlled Shandong Gold Mining. Shandong is one of two large Chinese joint-venture partners that Barrick has in mines around the world. Barrick also has a Chinese partner in Zijin Mining. Barrick has raised billions from both Chinese investors to fund its Veladero mine in Argentina and its Porgera operation in Papua New Guinea. Mr. Bristow said he has talked to senior political figures in the United States and Canada to try to impress on them that the current move to deglobalize and friendshore is misguided, because it could choke off an important source of capital for the global mining industry.