Barrick Welcomes Ontario Court of Appeal's Dismissal of Appeal Concerning North Mara Gold Mine

Barrick Mining Corporation (NYSE:B)(TSX:ABX) ("Barrick" or the "Company") today welcomed the decision by the Ontario Court of Appeal dismissing an appeal by certain Tanzanian residents alleging human rights abuses by members of the Tanzanian Police Force in the vicinity of the Company's North Mara gold mine. This decision upheld an earlier ruling of the Superior Court of Ontario which found that Ontario is not the appropriate forum to consider these claims and that they must be adjudicated in Tanzania.

Evidence filed during this case established that the Tanzanian Police Force acts independently of Barrick, which maintains a zero tolerance policy for human rights violations by employees, contractors or any third parties acting on its behalf.

Barrick's President and Chief Executive Officer Mark Hill said: "Barrick is proud of our work in Tanzania, which we do in close partnership with all levels of government and our host communities. Our work together creates jobs, drives economic development and improves the lives of many Tanzanians."

About Barrick Mining Corporation

Barrick is a leading global mining, exploration and development company. With one of the largest portfolios of world-class and long-life gold and copper assets in the industry, Barrick's operations and projects span 17 countries and five continents. Barrick is also the largest gold producer in the United States. We create real, long-term value for all stakeholders through responsible mining, strong partnerships and a disciplined approach to growth. Barrick shares trade on the New York Stock Exchange under the symbol ‘B' and on the Toronto Stock Exchange under the symbol ‘ABX'.

Investor Relations Contact

Barrick Mining Corporation
Cleve Rueckert, +1 775 397 5443
cleveland.rueckert@barrick.com

Media Contact

Brunswick Group
Carole Cable, +44 (0) 20 7404 5959
barrick@brunswickgroup.com


Primary Logo

News Provided by GlobeNewswire via QuoteMedia

ABX:CC
The Conversation (0)
Pile of gold bars with stock charts in the corner. Text reads "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Orosur Gains 63 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.Statistics Canada released August’s consumer price index (CPI) figures on Monday (September 14). The... Keep Reading...
Jeff Clark, gold and silver bars.

Jeff Clark: Gold, Silver on Sale, I'm Investing "Aggressively" Now

Jeff Clark, founder of TheGoldAdvisor.com, shares his thoughts on where gold and silver are in the current cycle, and where he sees value today."I don't think this is the time to give up — in fact, I'm doing the opposite. I think you can look at prices right now and get some good value on... Keep Reading...
The Mexican flag with green, white, and red stripes waves against a blue sky.

Luca Mining to Acquire Agnico’s El Barqueño Project in Mexico

Luca Mining (TSXV: LUCA,OTCQX:LUCMF) has agreed to acquire the El Barqueño gold-silver-copper project in Mexico from Agnico Eagle Mines (TSX:AEM,NYSE:AEM) for an initial US$10 million in stock and up to US$50 million in deferred milestone payments.Under the definitive asset purchase agreement,... Keep Reading...
iMetal Resources Appoints Morgan Verge, P.Geo., to Lead Exploration

iMetal Resources Appoints Morgan Verge, P.Geo., to Lead Exploration

New technical leadership follows the Company's $3.0 million private placement and board and management additions as iMetal advances Gowganda WestiMetal Resources Inc. (TSXV: IMR,OTC:IMRFF) (OTCQB: IMRFF) (FSE: A7VA) ("iMetal" or the "Company") is pleased to announce that Morgan Verge, P.Geo.,... Keep Reading...

Interactive Chart

Latest Press Releases

Related News