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Barrick Secures 15-Year North Mara Licences in Tanzania
Summary by The Northern Miner
3 Articles
3 Articles
Tanzania renews North Mara mining licences for 15 years
The Government has renewed the Special Mining Licences for the North Mara Gold Mine for another 15 years, allowing the operation to continue under its existing ownership and partnership structure.
·Dar es Salaam, Tanzania, the United Republic of
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Barrick Gains 15-Year License for Tanzania's North Mara
The Tanzanian government has renewed Barrick Mining's (TSX:ABX,NYSE:B) special mining licenses for the North Mara gold mine for 15 years, securing the company's operating rights at the site through 2041.Barrick operates North Mara through Twiga Minerals, a joint venture established in 2019 that grants the Tanzanian government a 16 percent free-carried interest and mandates an equal split of the economic benefits.“This is an important milestone f…
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Total News Sources3
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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