{"id":1186227,"date":"2020-05-25T06:01:51","date_gmt":"2020-05-25T11:01:51","guid":{"rendered":"https:\/\/www.mining.com\/?p=1024870"},"modified":"2020-05-25T06:01:51","modified_gmt":"2020-05-25T11:01:51","slug":"tanzania-allows-barrick-to-ship-gold-concentrate","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1186227","title":{"rendered":"Tanzania allows Barrick to ship gold concentrate"},"content":{"rendered":"<p>Barrick Gold (TSX:ABX)&nbsp;(NYSE:GOLD) will finally be <a rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\" href=\"https:\/\/www.barrick.com\/news\/news-details\/2020\/barrick-partnership-with-tanzanian-government-delivers-first-major-outcomes\/default.aspx\" >able to ship gold concentrate<\/a> containers out of Tanzania, which have been sitting at Dar es Salaam Port for three years due to a dispute over taxes between the country and the gold giant\u2019s <a href=\"https:\/\/www.mining.com\/barrick-takes-acacia-mining-back-as-buyout-deal-sealed\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">now defunct subsidiary<\/a>, Acacia Mining.<\/p>\n<div class='ad-slot' id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {    googletag.display('div-gpt-ad-1561499308230-0');    googletag.pubads().addEventListener('slotRenderEnded', function (event) {        if (event.isEmpty) {            var id = event.slot.getSlotElementId();            var x = document.getElementById(id);            if(x == null) return;            if (x.parentElement.classList.contains('ad-slot')) {                x.parentElement.style.display = 'none';            }\t\t\t\t        }    });});<\/script><\/div>\n<p>The decision comes <a href=\"https:\/\/www.mining.com\/barrick-irons-out-issues-in-tanzania-with-historic-deal\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">four months after reaching a deal<\/a> with Barrick, which ended the tax row and granted the government a stake in three gold mines operated by the Canadian gold giant through a joint venture \u2014 Twiga Minerals.<\/p>\n<p>The shipping of about 1,600 containers of gold and copper concentrate from the Bulyanhulu and Buzwagi mines resumed in April, Barrick said. The first $100 million received from had been paid to the government, as part of the <a href=\"https:\/\/www.mining.com\/barrick-irons-out-issues-in-tanzania-with-historic-deal\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">$300 million-settlement agreed on Jan. 24<\/a>.<\/p>\n<p>The Toronto-based miner said the initial payment will be followed by five annual payments of $40 million each.<\/p>\n<p><em>More to come&#8230;<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The containers had been withheld at Dar es Salaam Port for three years due a tax dispute with Barrick&#8217;s former local subsidiary.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[949,369,2640],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1186227"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1186227"}],"version-history":[{"count":5,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1186227\/revisions"}],"predecessor-version":[{"id":1186327,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1186227\/revisions\/1186327"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1186227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1186227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1186227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}