Barrick Gold Loses Tax Evasion Appeal in Tanzania
The London-based firm was found to have evaded tax for four years consecutively from 2010.
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Tanzania:
Why Mining Firm Acacia Is Disappointed With Tax Evasion Allegations
Daily News, 15 May 2016
TANZANIA opened its doors to foreign investors more than 20 years ago after embracing socialist economic policies seven years after independence. It was not an easy task to change… Read more »
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Tanzania:
13 Mining Giants Haven't Paid Corporate Taxes, Says Report
Citizen, 12 May 2016
Thirteen giant mining companies have not paid corporation taxes due to non-declaration of profits in their accounts books, a report by the Tanzania Extractive Industries… Read more »
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Tanzania:
Acacia Mining to Pay U.S.$20 Million in Corporate Tax in 20 16
Daily News, 12 April 2016
ACACIA Mining PLC is to pre-pay 20 million US dollars in corporate taxes this year after signing a Memorandum of Understanding with the Tanzania Revenue Authority (TRA) last month… Read more »
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Ghana:
Barrick Gets New Exec VP
Business Day, 19 March 2016
Barrick Gold Corporation announced on Thursday March 17 that Rob Krcmarov, currently Senior Vice President, Global Exploration, has been elevated to the position of Executive Vice… Read more »
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Ghana:
Barrick Announces Debt Tender Offer Pricing
Business Day, 11 March 2016
Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) has announced the Reference Yield, Tender Offer Consideration and Total Consideration in its cash tender offer (the "Tender Offer") for… Read more »
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Tanzania:
Barrick to Pay U.S.$20 Million in Corporate Tax for 2016
Citizen, 9 March 2016
Acacia Mining, formerly Barrick Gold, is to join the growing list of multinational companies paying corporate tax worth millions of dollars to the government, it has emerged. Read more »
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Tanzania:
Graft Probe On in Mining Licence Dispute
Citizen, 29 February 2016
An investigation is on to establish whether corruption may have influenced actions that resulted in a $115 million (Sh230bn) mining permit dispute pitting a local company against… Read more »