|Delayed - 11/27 04:19:15 pm|
Barrick Gold : to Invest 19 Bn/ - in Mineral Exportation
|10/27/2020 | 10:06am|
This was unveiled by Barrick President and Chief Executive Officer
corporation and the government through
The global gold miner with a presence in over 50 countries globally insists that besides working on new exploration licences, the company has already started implementing a new framework where, among other things, the miner has settled most of landowners' disputes in areas of mining and ensure there is full compliance with environmental permits.
"Rehabilitated and re-energised North Mara is ahead of plan in the year to date and Bulyanhulu has resumed underground mining operations and is scheduled to restart processing of underground ore by the end of this year as a long-life underground mine,"
He said that the two mines which his company was gearing up for making them into a tier-one complex were capable of producing at least 500,000 ounces of gold annually and had life for more than 10 years in the lower half of the industry's coastline.
On local content in all industries supplies, the miner has already contracted a local security company to oversee safety and it regards communities surrounding mines as stakeholders and partners and has established a development committee for better engagement in a win-win situation.
Barrick agreed to pay
Last week, Twiga declared a maiden interim dividend of
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