ABX. Barrick Gold Corporation

Barrick Hosts North Mara Site Visit for Human Rights NGO

Barrick Hosts North Mara Site Visit for Human Rights NGO

NORTH MARA, Tanzania, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has hosted a two-day open-door visit to its North Mara Gold Mine in Tanzania by the UK-based NGO RAID (Rights and Accountability in Development) represented primarily by its executive director, Anneke van Woudenberg.

The intention of the visit was for RAID to experience firsthand the positive impact Barrick has had since assuming operational control of North Mara in September 2019. In the course of the visit, RAID were given on the mine’s operations and operating environment and were able to view the transformative impact the mine’s sustainability strategy has had on its host communities, as is the case for all Barrick mines.

RAID was invited to observe one of the frequent community engagement meetings between North Mara, the village chairpersons, ward and village executive officials of the 11 host villages as well as their member of parliament. At this meeting, the village leadership afforded RAID the opportunity to raise any human rights issues they felt were of concern. Consistent with Barrick’s findings to date, the village leadership did not corroborate the allegations raised by RAID and reaffirmed that there had been no previous engagement with RAID on the concerns raised.

RAID also had the opportunity to see community projects, including the agribusiness which provides livelihoods to over 100 youths, the potable tap water supply which will supply over 30,000 community members, new schools and medical facilities. These projects were all funded by the mine through a Community Development Committee, which puts the community at the heart of the decision-making process.

Finally, Barrick introduced RAID to key local authorities and held tripartite meetings which included the Regional Police Commander and the District Commissioner.

Barrick does not tolerate human rights abuses in any of its operations and encourages any individual or organization to share any concerns they may have. North Mara Gold Mine will continue to implement its sustainability strategy. This includes engaging and working closely with over 20 regional and national NGOs that understand the challenges in its host communities and partner with the mine to implement socio-economic development projects.

“We encourage RAID to join these NGOs and collaborate with us on upliftment initiatives. I hope that the site visit has been informative for RAID and that they will leave Tanzania with a fresh perspective on the numerous benefits the mine brings to its host communities and its respect for the human rights of those influenced by its operations,” said Barrick’s president and chief executive Mark Bristow.

Barrick Enquiries

Investor and media relations

Kathy du Plessis

8



Email:

Website:

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 sustainability performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “opens”, “transformative impact”, “opportunity”, “invest”, “will”, “encourage”, “collaborate”, “upliftment initiatives”, “continue” and similar expressions identify forward-looking statements. In particular, this press release contains forward-looking statements including, without limitation, with respect to: Barrick’s sustainability strategy and vision; Barrick's environmental, health and safety, corporate social responsibility and human rights programs, policies and performance at North Mara and in Tanzania; the transformative impact of Barrick’s sustainability strategy in the region; the anticipated benefits of agricultural, potable water supply and other community projects at North Mara; the impact of community engagement meetings at North Mara and Barrick’s invitation to RAID and other NGOs to collaborate on social and economic uplift initiatives at the mine.

Forward-looking statements are necessarily based upon a number of estimates and assumptions including material estimates and assumptions related to the factors set forth below that, while considered reasonable by the Company as at the date of this press release in light of management’s experience and perception of current conditions and expected developments, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include, but are not limited to: failure to comply with environmental and health and safety laws and regulations; non-renewal of key licences by governmental authorities; changes in national and local government legislation, taxation, controls or regulations and/or changes in the administration of laws, policies and practices; expropriation or nationalization of property and political or economic developments in Tanzania and other jurisdictions in which the Company or its affiliates do or may carry on business in the future; timing of receipt of, or failure to comply with, necessary permits and approvals; lack of certainty with respect to foreign legal systems, corruption and other factors that are inconsistent with the rule of law; risks associated with illegal and artisanal mining; risks associated with new diseases, epidemics and pandemics, including the effects and potential effects of the global Covid-19 pandemic; damage to the Company’s reputation due to the actual or perceived occurrence of any number of events, including negative publicity with respect to the Company’s handling of human rights and environmental matters or dealings with community groups, whether true or not; risk of loss due to acts of war, terrorism, sabotage and civil disturbances; litigation and administrative proceedings; contests over title to properties, particularly title to undeveloped properties, or over access to water, power and other required infrastructure; risks associated with working with partners in jointly controlled assets; employee relations including loss of key employees; and increased costs and physical risks, including extreme weather events and resource shortages, related to climate change. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion, copper cathode or gold or copper concentrate losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks).

Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press release are qualified by these cautionary statements. Specific reference is made to the most recent Form 40-F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory authorities for a more detailed discussion of some of the factors underlying forward-looking statements and the risks that may affect Barrick’s ability to achieve the expectations set forth in the forward-looking statements contained in this press release.

We disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.



EN
01/02/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Barrick Gold Corporation

Research Team ACF
  • Research Team ACF

GreenRoc Strategic Materials Plc (GROC.L) Core Investment Snapshot 290...

GreenRoc Strategic Materials Plc (AIM: GROC.L) is unusually well positioned to become a key supplier of high-purity, battery-grade graphite into Western markets increasingly focused on critical material security. GROC’s flagship Greenland Amitsoq Graphite Project, has amongst the highest known in-situ graphite grades globally at 20.41% TGC, potential purity is 99.95% (a purity essential to the EV battery value chain looking for lower cost natural graphite vs. synthetic graphite). GROC.L’s Thule ...

 PRESS RELEASE

Barrick Reports Solid Q1 Results and Progress on Strategic Growth Obje...

Barrick Reports Solid Q1 Results and Progress on Strategic Growth Objectives First Quarter 2025 ResultsAll amounts expressed in U.S. dollars unless otherwise indicated TORONTO , May 07, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:GOLD1)(TSX:ABX) (“Barrick” or the “Company”) today reported a solid start to the financial year, making significant headway on its long-term strategy and advancing its global portfolio of Tier One2 gold and copper assets. Net earnings per share increased 59% year-on-year to $0.27 with adjusted net earnings per share3 growing by 84% year-on-year to...

 PRESS RELEASE

Barrick Reports Share Repurchases and Declares Q1 Dividend

Barrick Reports Share Repurchases and Declares Q1 Dividend All amounts expressed in US dollars TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:GOLD1)(TSX:ABX) (“Barrick” or the “Company”) today announced the declaration of a dividend of $0.10 per share for the first quarter of 2025. The dividend is consistent with the Company’s Performance Dividend Policy announced at the start of 2022. The Q1 2025 dividend will be paid on June 16, 2025 to shareholders of record at the close of business on May 30, 2025. In addition to the quarterly dividend, Barrick repurchas...

 PRESS RELEASE

Barrick Announces Name Change to BARRICK MINING CORPORATION and Electi...

Barrick Announces Name Change to BARRICK MINING CORPORATION and Election of Directors TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Barrick Mining Corporation (NYSE:GOLD1)(TSX:ABX) (“Barrick” or the “Company”) today announced that it has completed its name change to Barrick Mining Corporation and « Société minière Barrick » in French, following receipt of shareholder approval at its Annual and Special Meeting of Shareholders held earlier today. The Barrick common shares will commence trading under the Company’s new name on the New York Stock Exchange and the Toronto Stock Exchange at the sta...

 PRESS RELEASE

Barrick Gold Corporation Plans to Change Name to BARRICK MINING CORPOR...

Barrick Gold Corporation Plans to Change Name to BARRICK MINING CORPORATION TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick” or the “Company”) today announced that it plans to change its name to Barrick Mining Corporation and from « Société aurifère Barrick » to « Société minière Barrick » in French, subject to shareholder approval at its upcoming Annual and Special Meeting of Shareholders on May 6, 2025. In connection with its name change, the Company also plans to change its ticker symbol for the Barrick common shares listed on the Ne...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch