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Bulyanhulu Gold Mine is an underground gold mine in the Shinyanga Region of Tanzania, located 55 kilometres south of Lake Victoria. It is one of three gold mines owned by Acacia Mining plc , formerly African Barrick Gold plc, a company owned by Barrick Gold , which is listed on the London Stock Exchange, and operates in Tanzania.
The business was established as a unit of Barrick Gold when that company started mining in Tanzania in 2000. [2] Barrick's involvement in Tanzania had begun the previous year, when the company purchased the Bulyanhulu property as part of its acquisition of Sutton Resources Ltd. Barrick then acquired Buzwagi and Tulawaka as part of its acquisition of Pangea Goldfields Inc. in 2000.
In the late 1990s, foreign mining companies started investing in the exploration and development of gold deposits in Tanzania, leading to the opening of a number of new mines. [ 2 ] The original discovery of the deposit at the Tulawaka mine was in 1998 with Barrick acquiring the project, alongside Buzwagi, as part of its acquisition of Pangea ...
Canada's Barrick Gold Corp <ABX.TO> signed a deal with Tanzania on Friday in which the government will take stakes in three gold mines, ending a long-running tax dispute and setting a template for ...
Since acquiring North Mara, Barrick (GOLD) is focused on improving the mine's water management with special importance on its tailings storage facility. Barrick (GOLD) Resumes Gold Concentrate ...
Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. [3] It is headquartered in Toronto, Ontario, Canada. [4] It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. [5]
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The project is a joint venture between Barrick Gold and Xstrata Nickel. As of 16 July 2007 The exploration program has so far placed 9.7 million tonnes at 2.37% nickel into the indicated resource category, with an additional 30.3 million tonnes at 2.8% nickel in the estimated inferred resource category.