Barrick settles North Mara land claims disputes through Tanzanian government partnership

Gold miner Barrick Gold Corporation reports that it has settled the majority of historical land disputes associated with its Tanzania-based North Mara operation, in addition to paying the first tranche of the $300-million settlement it agreed with the Tanzanian government to resolve the disputes it inherited from former subsidiary Acacia Mining.

Ninety per cent of the outstanding land claims at North Mara have been settled, with payments scheduled to start on May 25.