Day: January 21, 2024

All amounts expressed in US dollars BULYANHULU, Tanzania, Jan. 21, 2024 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Barrick’s North Mara and Bulyanhulu gold mines have sustained their strong performance and achieved their production guidance for 2023. The mines are part of Twiga Minerals, a joint venture between Barrick and the Government of Tanzania. Speaking to media here today, president and chief executive Mark Bristow said the transformation of two derelict mines into a world-class complex which, on a combined basis, produce gold at a Tier One1 level, shows what could be achieved when mining companies and their host governments partner to deliver real value to their stakeholders. “The Twiga partnership has not only transformed Tanzania’s gold mining industry, it has also re-established the country,...

All amounts expressed in US dollars KAHAMA, Tanzania, Jan. 21, 2024 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – The role of a sustainable mining company is not only to create value for stakeholders today but to ensure it leaves behind a positive legacy that will continue to serve local communities long after mining is complete. This is according to Barrick president and chief executive Mark Bristow who was speaking today at the official handover ceremony of the new airport terminal built at the closed Buzwagi gold mine’s Kahama airstrip to the Tanzania Airport Authority (TAA). The ceremony marks the conclusion of an eight-month partnership between Barrick and TAA at a total cost of $384,000 — shared 70% ($268,000) by Barrick and 30% ($116,000) by TAA — and will pave the way for a scheduled airline service...