Tanzanian Royalty Comments of the impact of Acacia / Barrick-Tanzania Settlement - "We believe this settlement is very good news for the Company. The settlement between Barrick and Tanzania represents a major step in furtherance of fairness and equity between the host nation and leaders in the extraction industry. Tanzania and shareholders in the extraction industry can both benefit in a fair distribution of generated mineral profits. We saw a similar structure recently negotiated between Freeport McMoRan and the Indonesian Government; where Indonesia obtained 51% of the Grasberg mine. These are fair relationships between a host nation and investors." More
- 10/23/17 | Item |

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