Twiga transforms tanzanian mining, sets standard for industry

All amounts expressed in us dollars unless specified otherwise north mara, tanzania, july 10, 2023 (globe newswire) -- barrick gold corporation (nyse:gold)(tsx:abx) – twiga minerals, the joint venture between the tanzanian government and barrick gold corporation, has revitalized the country's gold mining industry through a partnership that should serve as a model for similar operations, particularly in developing regions, barrick president and chief executive mark bristow said today. briefing media at a mine visit, bristow said in 2019 when barrick took control over north mara and bulyanhulu – the mines that now form the twiga complex – both were rundown and at a virtual standstill due to a deadlocked dispute between the government and the previous operators.
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