12:41:23 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Barrick Gold Corp
Symbol ABX
Shares Issued 1,778,083,071
Close 2020-10-09 C$ 36.81
Market Cap C$ 65,451,237,844
Recent Sedar Documents

Barrick's Twiga pays $250M (U.S.) maiden dividend

2020-10-13 09:39 ET - News Release

An anonymous director reports

TWIGA PAYS MAIDEN DIVIDEND

Twiga Minerals Corp., the joint venture between the Tanzanian government and Barrick Gold Corp., has paid a maiden interim cash dividend of $250-million (U.S.) in line with Barrick's commitment to generate value for all stakeholders through the 50/50 partnership.

Since Barrick took over the former Acacia Mining's assets in Tanzania just over a year ago, it has paid approximately $205-million (U.S.) to the government in taxes, royalties and dividends in addition to the first payment tranche under the two parties' agreement to settle pre-Barrick disputes.

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