Barrick commits $30 million to expansion of education infrastructure in Tanzania
The Barrick-Twiga Future Forward Education Program's objective is to build 1,090 classrooms, 1,640 ablution blocks and 270 dormitories across 161 schools nationwide.
Company said the ramp-up of production at its Obuasi mine in Ghana would be delayed, with operations remaining suspended after a miner went missing last week following a collapse of ground.
Soaring global gold prices over the past year have seen earning by gold firms surge, but the companies have argued that above-inflation increases are unrealistic.
The Re|Source project will be tested in real operating conditions, from cobalt mines in the DRC to electric vehicle production sites, and will run until the end of 2021.