Saturday, July 12, 2025

Latest

Barrick Gold Disputes Human Rights Allegations At North Mara

Barrick Gold Corp (TSX: ABX) said on Tuesday that it believes the law firm Leigh Day intends to bring a claim in the United Kingdom against the London Bullion Market Association (LBMA) in connection with the alleged killings of two people near the North Mara gold mine in Tanzania by police acting on its behalf. The firm clarifies that it is not a party to these proceedings.

Barrick president and CEO Mark Bristow stated that the company was proud of its global human rights record as well as North Mara’s good working relationship with the community surrounding the mine.

“While the vast majority of local residents are law-abiding, there are rogue bands, armed and well-organised, who from time to time invade North Mara to steal gold-bearing rock, presenting a serious risk to the safety of mine personnel and community members in the process,” Bristow said.

The chief executive further claimed that “North Mara lives with the constant threat of such invasions.” Bristow relayed that the mine was attacked by an armed force of almost 100 men. Despite the police’s attempts to repel them, 71 managed to scale the site’s 9-metre-high perimeter wall and engaged with the mine’s unarmed security personnel.

According to Bristow, Barrick has repeatedly said that North Mara’s security staff are unarmed and that the mine does not monitor, direct, control, or instruct any mission, assignment, or function of Tanzania’s police force, which is a state entity.

The law firm is representing the families of two artisanal miners who were reportedly slain by security forces at Tanzania’s North Mara gold mine in 2019.

“There is a long and troubling history of allegations of human rights abuses committed against local people in and around the mine,” Leigh Day said. “However, the LBMA continued (and continues) to issue a ‘Responsible Gold Certificate’ to the company which refines the gold.”

The LBMA, which began certifying the refiner in 2014, stated that it considered the complaint had no merit because its regulations were clear and enforced.

The association also conveyed its condolences to the families of those murdered or injured while mining for gold in Tanzania, but stated that its certification “operates on transparent and well-published principles that all refiners must follow.”

Barrick Gold last traded at $22.77 on the TSX.


Information for this briefing was found via the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

LBMA Suspends 6 Russian Refiners, Causing Potential Gold Supply Crunch

The London Bullion Market Association, also known as the LBMA, is making headlines this morning...

Monday, March 7, 2022, 11:27:13 AM

Gold Transactions Heating Up – The Daily Dive feat John-Mark Staude of Riverside Resources

Today on The Daily Dive, we are joined by our bi-weekly commentator John-Mark Staude, CEO...

Tuesday, January 5, 2021, 01:30:00 PM

Is The Russian Ruble About To Become A Gold Standard Currency?

Did Russia’s central bank just upend the entire global monetary system and unilaterally use the...

Sunday, April 3, 2022, 09:00:00 AM

Wesdome Drills 41.2 G/T Gold Over 51.2 Metres At New High-Grade Zone

Wesdome Gold Mines Ltd. (TSX: WDO) announced today the drilling results from the recently discovered...

Wednesday, May 19, 2021, 09:04:18 AM

New Found Gold Identifies New Zone With 18.1 G/T Gold Over 6.5 Metres Intercept

New Found Gold (TSXV: NFG) this morning announced a new high-grade gold discovery at its...

Thursday, January 14, 2021, 08:34:29 AM