Barrick Mining Corporation (NYSE: GOLD; TSX: ABX) has welcomed
the Ontario Court of Appeal’s dismissal of a case filed by
Tanzanian residents alleging human rights abuses linked to security
operations near the North Mara gold mine.
The Canadian court upheld a prior ruling by the Superior Court
of Ontario that the claims should be heard in Tanzania, not Canada,
effectively ending the attempt to pursue the case in Barrick’s home
jurisdiction.
Evidence presented during proceedings indicated that the
Tanzanian Police Force operated independently of the company in the
area surrounding the mine.
Barrick said in a statement issued on April 8 that it maintains
a zero-tolerance policy for human rights violations by employees,
contractors, or any third parties acting on its behalf.
Barrick Gold Corporation, a Canadian multinational mining
company and one of the world largest gold producers, operates its
Tanzanian gold assets through Twiga Minerals, in which it holds a
50% stake, alongside the government of Tanzania.
President and chief executive Mark Hill said the company is
“proud of its work in Tanzania” and works closely with all levels
of government and host communities to ensure the mine creates jobs,
drives economic development and improves the lives of many
Tanzanians.
As IntelliNews reported, Tanzania Revenue Authority
officials recently praised Barrick Gold Corporation after Twiga
Minerals paid $92mn in income tax for 2024, up from $58mn in 2023,
with the agency describing the increase as a compliance benchmark
for the mining sector. The payment followed a $112mn contribution
in 2022.
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