Barrick Gold/Tanzania: an oil & gas-inspired production sharing agreement
The contract drawn up at the end of January between the Canadian giant and the local authorities is innovative and should serve as a model for other mining operators in the country, including AngloGold Ashanti Ltd and Petra Diamonds.
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▪ Barrick Gold/Tanzania: an oil & gas-inspired production sharing agreement
▪ The contract drawn up at the end of January between the Canadian giant and the local authorities is innovative and should serve as a model for other mining operators in the country, including AngloGold Ashanti Ltd and Petra Diamonds.
▪ https://www.africabusinessplus.com/en/802776/barrick-gold-tanzanie-un-accord-de-partage-de-production-inspire-du-oil-gas/
Following Barrick Gold Corp’s payment of $300 million to the Tanzanian Treasury last October to settle a major tax dispute, an agreement has just been finalised for the mining company’s return to the country.
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