Barrick Gold Corporation Twiga a Triumph of Partnership - Seite 2

Nachrichtenquelle: globenewswire
23.10.2020, 15:26  |  196   |   |   

Barrick has been awarded 10 new exploration licenses in Tanzania and plans to spend $8 million on exploration there this year.

The company’s commitment to stakeholder partnership encompasses its host communities and a community development committee has already been established at North Mara. On the environmental front, a comprehensive water management plan is being implemented. Since Barrick assumed operational control in 2019 some 50% of the water in the North Mara tailings dam has been removed to date.

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Enquiries:

President and CEO
Mark Bristow
+1 647 205 7694
+44 788 071 1386

COO, Africa and Middle East
Willem Jacobs
+44 779 557 5271

Investor and Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: barrick@dpapr.com

Website: www.barrick.com

Endnote 1

On a 100% basis

Technical Information

The scientific and technical information contained in this news release has been reviewed and approved by Simon Bottoms, CGeol, MGeol, FGS, FAusIMM, Mineral Resources Manager, Africa and Middle East, a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Cautionary Statement on Forward-Looking Information

Certain information contained or incorporated by reference in this press release, including any information as to our strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “being”, “potential”, “will”, “on our way”, “scheduled”, “looking” and similar expressions identify forward-looking statements. In particular, this press release contains forward-looking statements including, without limitation, with respect to: payment to be made to the government of Tanzania; progress being made towards compliance with environmental permits and local content legislation; scheduled production from Bulyanhulu; the potential for North Mara and Bulyanhulu to become a Tier One complex and potential expansions to the life of mine; planned exploration activities; and the implementation of North Mara’s water management plan.

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Disclaimer

Barrick Gold Corporation Twiga a Triumph of Partnership - Seite 2 All amounts expressed in US dollars DAR ES SALAAM, Tanzania, Oct. 23, 2020 (GLOBE NEWSWIRE) - Barely a year after it was established, Twiga Minerals Corporation has demonstrated the value-creating capacity of a true partnership between a mining …

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