Posts tagged "Tanzania"
News

Barrick’s Tanzanian project tests ethical mining policies

Last updated: Oct 8, 2011

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 …
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News

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

Last updated: Oct 8, 2011

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 …
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News

Tanzania in talks with miners to raise gold export taxes

Last updated: Aug 24, 2011

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 …
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News

Tanzania: Barrick investors risk being “chased away”

Last updated: Jul 14, 2011

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 …
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News

African Barrick faces further criticism

Last updated: Jun 2, 2011

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 …
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News

Tanzania: Murders at North Mara

Last updated: May 25, 2011

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 …
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News

Tanzania’s taxing problem

Last updated: May 12, 2011

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 …
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News

Tanzania: Gold’s Tragic Dividend

Last updated: Jan 11, 2011

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; …
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News

African Barrick profit slips on lower production

Last updated: Oct 29, 2010

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 …
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Documents / News

African Uranium Alliance Statement

Last updated: May 18, 2010

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, …
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News

Tanzania faces industry opposition to its new mining law

Last updated: May 18, 2010

After being criticised for failing to implement a mining bill that would bring greater benefit to the country, the Tanzanian government has now passed the law which increases both the royalty on minerals and ensures …
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News

Only Seven Tanzanians Buy Barrick Shares

Last updated: Apr 3, 2010

ONLY seven Tanzanians managed to purchase the African Barrick Gold (ABG)’s shares floated on London Stock Exchange (LSE) during the recent Initial Public Offering (IPO).

Out of seven, three are individual investors and four were …
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