Stock Alert: Barrick Gold Corp. (GOLD) Shares Hit 52-Week High

Two international NGOs are claiming that excessive force continues to be widely used by police officers who guard the African Barrick Gold’s North Mara Gold Mine.

>African Barrick Gold Plc, the Tanzanian subsidiary of Canadian gold company Barrick Gold Corp, has been accused of illegal payments to government officials in the North Mara mine. In the process of buying land near the mine starting last year, African Barrick paid more than $400,000 (Sh670 million) in cash, mostly to Tanzanian government officials and consultants responsible for valuing the land, according to company invoices and copies of cheques reviewed by The Wall Street Journal.

On the night of January 17, more than 2,000 men armed with pangas, stones and hammers raided the North Mara Gold Mine in search of waste rock filled with tiny amounts of gold. In the ensuing battle with mine guards and police, one officer was injured and one of the intruders was killed.

 Waziri Mkuu, Mizengo Pinda akizungumza na Viongozi wa Kampuni ya Africana  Barrick Gold Tanzania, kwenye makazi yake mjini Dodoma  Machi 25,2014. Kutoka kushoto ni Mkurugenzi wa Mawasiliano na Serikali (Director of Government Relations)), Balozi Emmanuel  Ole Naiko, Makamu wa Rais, Deo Mwanyika na Ofisa Mtendaji Mkuu (Chief  Executive Officer ), Brand Gordon. (Picha na Ofisi ya Waziri Mkuu).  Waziri Mkuu, Mizengo Pinda  na Naibu Waziri wa Nishati na Madini, Stephen Masere  (kushoto...

Kampuni ya African Barick Gold (ABG) inayo furaha kutangaza kuwa imebadili jina lake na sasa na itatambulika kama Acacia Mining plc. Mabadiliko haya ni sehemu ya jitihada kubwa za kubadilisha mtazamo na mkakati wake mpya wa kazi yetu kubwa katika uchimbaji wa madini. Mabadiliko haya yamekuja baada ya wanahisa wa kampuni kukubaliana na kupiga kura ya kupitisha maamuzi haya jana tarehe 26 mwezi Novemba mwaka 2014.
Acacia ni mti ambao ndiyo chimbuko la jina letu jipya, ni mti unaonekana kuwa ni...

Acting (STAMICO) Managing Director Engineer Edwin Ngonyani Left and Director Of Finance and Corporate Affairs Mr Peter Gembe. BY STAFF REPORTER PRODUCTION of gold at the Buckreef Gold Mine in Geita Region in which the State Mining Corporation (Stamico) has 45 per cent stake is expected to kick-start in November this year, it has been learned. Stamico signed an agreement for development of the project in the year 2011 with...

Gold Price News and Forecast: XAU/USD - Gold to Silver Ratio Hits 100!  FXStreetGold Price Pierces $1,700 But Pressured by Stock Market Rout  DailyFXBitcoin Forecast March 10, 2020  DailyForexGold remains positive above $1,700 as coronavirus propels risk aversion  FXStreetGold prices lack fresh impetus around $1670 amid broad risk-off  FXStreetView Full coverage on Google News

London’s century-old gold price fixing, tainted by a rigging scandal and attacked by critics as old-fashioned, goes under the spotlight this week in key talks aimed at modernising the process.

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