Posts tagged "Tanzania"

Tanzania: African Barrick Gold Sets Aside 13 TZN Billion for Community Projects

AFRICAN Barrick Gold will spend 8.5m US dollars in three years for community infrastructure in seven villages surrounding the mine in Mara region.

See http://allafrica.com/stories/201203150095.html.

[And see page 11 of LMN's recently published report …
Read more

Report calls for stricter regulation of UK mining companies

Report calls for stricter regulation of UK mining companies

London Mining Network has today published a report calling on the government to include a review of regulatory regimes as part of the current discussion on the Financial Services Bill. The Bill is replacing the …
Read more

Barrick’s Tanzanian project tests ethical mining policies

Toronto’s leading newspaper, The Globe and Mail, has published a lengthy examination of the activities of the world’s second biggest gold miner in the east African state of Tanzania.

Its report – while giving …
Read more

Colombia to the Congo: Lust for Gold Threatens Environment & Human Rights

Nestled alongside the central range of the Andes lies the town of Cajamarca, Colombia, also known as la dispensa agricola de Colombia: literally Colombia’s agricultural larder. The fertile environs surrounding this settlement of twenty thousand …
Read more

Tanzania in talks with miners to raise gold export taxes

Tanzania’s government is in talks with mining companies to raise royalty payments on gold exports as well as negotiating other possible tax hikes. African Barrick Gold has four gold mines in Tanzania while Australia’s third largest …
Read more

Tanzania: Barrick investors risk being “chased away”

Residents of African Barrick’s North Mara mining district, backed by their MP, are threatening to close down the UK-listed company’s operations, if it fails to honour  pledges to the community. In May, five people were …
Read more

African Barrick faces further criticism

Engaging in journalism activities without permission

Given that I had been followed around the tiny town for two days by men in ’80s-style wraparound sunglasses, it wasn’t really a surprise to me when I finally …
Read more

Tanzania: Murders at North Mara

Seven die in “clash” at Barrick mine

Since it was listed on the London Stock Exchange in 2010, African Barrick - subsidiary of the world’s biggest gold mining company – has been beset by accusations …
Read more

Tanzania’s taxing problem

All Tanzanian companies (not just mining companies) are entitled to a refund on their input VAT. Thus, the recent announcement that AngloGold Ashanti and African Barrick are among those seeking a refund of more than …
Read more

Tanzania: Gold’s Tragic Dividend

Over the past decade UK-listed African Barrick Gold has become the largest gold producer in Tanzania. In 2010 the company budgeted a total of $20.4 million for protection at all four of its Tanzanian mines; …
Read more

African Barrick profit slips on lower production

London-listed African Barrick Gold said that its profit fell by 8% to $39,9-million in the third quarter, after production from its mines in Tanzania declined. The group’s overall gold production dropped with 23% to 164 …
Read more

African Uranium Alliance Statement

Uranium Mining at the UN Committee on Sustainable Development (CSD), New York, 6 May 2010
(Among companies mining uranium in Africa are Rio Tinto at the Rossing mine in Namibia)

In the area of mining, …
Read more