Barrick’s Twiga partnership delivers value for Tanzania

Jul 18, 2025

Barricks gold 1Bulyanhulu Gold Mine, Tanzania, five years after its formation, the Twiga partnership between Barrick Mining Corporation and the government of Tanzania continues to redefine the role of mining in national development, delivering shared value, operational excellence and long-term investment in the country’s future.

Speaking at a media briefing here, Barrick president and chief executive Mark Bristow said the partnership had created a sustainable model for mineral development in Tanzania. “When we established Twiga, it was about more than just resolving legacy issues.

It was about building a new future by unlocking Tanzania’s gold endowment in a way that fairly shares the benefits and builds lasting value for all stakeholders. Five years on, we’ve not only re-established Barrick as the sector’s leading economic contributor but have also earned national recognition across a range of areas from safety and local content to education and infrastructure,” Bristow said.

Since Barrick took operational control in 2019, the company has injected $4.79 billion into the Tanzanian economy, including $558 million in the first half of 2025 alone. More than 90% of procurement continues to be with Tanzanian suppliers, the majority of whom are indigenous companies, and 96% of us workforce is Tanzanian with 49% coming from communities around the mine.

“Our partnership with host communities is fundamental to our presence in Tanzania. We’ve had to work hard to rebuild relationships, particularly around North Mara, and we are seeing the benefits of consistent engagement and delivery on our commitments,” he said.

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