Home » Economy » Tanzania: 158 million USD in taxes and royalties paid by North Mara Gold Mine in the first half of 2022

Tanzania: 158 million USD in taxes and royalties paid by North Mara Gold Mine in the first half of 2022

Barrick Gold announced on July 10, 2022 that its subsidiary North Mara Gold Mine, which operates in Tanzania, paid $158 million in taxes, royalties and levies, $42 million in government distributions in the first half of the year, in the form of dividends and loans to shareholders as well as 210 million USD to local suppliers. The Canadian company also specifies having paid 140 million dollars on its settlement of 300 million dollars with the government. In a memo issued on the same date, President and CEO Mark Bristow said


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