Barrick Named Tanzania’s Employer of the Year

Rhea-AI Summary

Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) has been honored as the Employer of the Year at the 2023 Association of Tanzania Employers (ATE) Awards for its North Mara Gold Mine operations. The company, jointly owned with the Tanzanian Government through Twiga Minerals Corporation, achieved multiple wins, including Overall Private Sector Employer, Best Corporate Social Responsibility, Excellence in Crisis Management, and more. The recognition highlights Barrick's commitment to employment practices, corporate citizenship, and taxation compliance.

DAR ES SALAAM, Tanzania, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – The North Mara Gold Mine has been crowned Employer of the Year at the prestigious 2023 Association of Tanzania Employers (ATE) Awards ceremony. North Mara is operated by Barrick and is jointly owned with the Tanzanian Government through Twiga Minerals Corporation.

The distinguished event, held at the Mlimani City Conference Centre in Dar es Salaam, was graced by Honourable Joyce Ndalichako, Minister of State (Prime Minister’s Office) for Labour, Youth, Employment, and Persons with Disabilities.

Twiga achieved a resounding triumph by not only securing the top honour as the Employer of the Year but also clinching victory in five other distinguished categories at the ceremony. These accolades include Overall Private Sector Employer (North Mara mine), Best Corporate Social Responsibility (North Mara mine), Excellence in Crisis Management (Bulyanhulu mine), second runner-up for Local Content (North Mara mine), and the esteemed title of Best Large Organisation Employer of the Year (North Mara mine).

This notable recognition underscores Barrick's commitment to cultivating a positive work environment, contributing significantly to the local community through exemplary corporate social responsibility, exhibiting resilience in crisis management and actively engaging in the promotion of local content. These multiple wins showcase Barrick's strive for excellence in employment practices and corporate citizenship.

Additionally, North Mara received recognition at this year's Tanzania Revenue Authority (TRA) Taxpayer Appreciation Awards, adding to its accolades by securing the awards for Substantial Taxes & Duties Paid for Exported Goods in 2022/2023 and Compliant Taxpayer in the Mining Sector for the year 2022/2023. Notably, in the preceding year, Barrick North Mara also received the esteemed Largest Taxpayer Award, further highlighting its consistent contributions and compliance in taxation.

Barrick Enquiries

Tanzania country manager
Melkiory Ngido
+255 686 945 222

Corporate communications and country liaison manager
Georgia Mutagahywa
+255 754 711 215
georgia.mutagahywa@barrick.com

Group investor and media relations
Kathy du Plessis
+44 20 7557 7738
barrick@dpapr.com
Website: www.barrick.com

FAQ

What awards did Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) receive at the 2023 Association of Tanzania Employers (ATE) Awards?

Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) received the Employer of the Year award, as well as accolades for Overall Private Sector Employer, Best Corporate Social Responsibility, Excellence in Crisis Management, and more.

Who jointly owns the North Mara Gold Mine with Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX)?

The North Mara Gold Mine is jointly owned by Barrick Gold Corporation and the Tanzanian Government through Twiga Minerals Corporation.

What other awards did North Mara mine receive at the 2023 Association of Tanzania Employers (ATE) Awards?

North Mara mine also won awards for second runner-up for Local Content, and the esteemed title of Best Large Organisation Employer of the Year.

What is the significance of the awards received by Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) at the 2023 Association of Tanzania Employers (ATE) Awards?

The awards highlight Barrick's commitment to employment practices, corporate citizenship, and taxation compliance, showcasing its strive for excellence in various areas.

What recognition did North Mara receive at the Tanzania Revenue Authority (TRA) Taxpayer Appreciation Awards?

North Mara received awards for Substantial Taxes & Duties Paid for Exported Goods in 2022/2023 and Compliant Taxpayer in the Mining Sector for the year 2022/2023, emphasizing its consistent contributions and compliance in taxation.