Barrick Joins Fight Against Covid-19 in Zambia

All amounts expressed in US$

Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX)

LUSAKA, Zambia, April 07, 2020 (GLOBE NEWSWIRE) -- Barrick Gold Corporation’s country manager for Zambia, Nathan Chishimba, today handed a cheque for US$530,000 to Minister of Health Hon Dr Chitalu Chilufya, Minister of Mines & Mineral Development Hon Richard Musukwa and Provincial Minister Hon Nathaniel Mubukwanu.  The donation is designed to support the country in combating and containing the Covid-19 pandemic.

At the ceremony, Chishimba said Barrick had already introduced extensive measures to protect workers and their families living in and around its Lumwana mine against the virus.

“As a committed partner to Zambia we would also like to make a contribution to the government’s fight against the pandemic.  We are consequently funding the provision of medical equipment to the value of US$340,000 at the national level, US$100,000 for the North-Western province and US$90,000 for the Kalumbila district,” he said.

Barrick’s chief operating officer for Africa and the Middle East, Willem Jacobs, said the company was engaging with Zambia’s national Covid-19 taskforce to convert its support into immediate action.  Its senior management in Zambia was already working closely with the local health authorities.

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Cautionary Statement on Forward-Looking Information 
Certain information contained in this press release, including any information as to Barrick’s strategy or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “support”, “design”, “would”, “engage”, “convert” ““contain”,  “will”, and similar expressions identify forward-looking statements. In particular, this press release contains forward-looking statements including, without limitation, with respect to financial support and preventative measures implemented by Barrick to combat and contain the Covid-19 pandemic in Zambia, including by funding the provision of medical equipment at the national, provincial and district levels and engaging with Zambia’s national Covid-19 taskforce and local health authorities while maintaining the Zambian mine operational.