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.
03/02/2020 at 10h27, by Gaëlle Arenson
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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