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Money Talks: Barrick Gold settles tax dispute with Tanzania
 
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Canadian miner Barrick Gold has settled its dispute with the Tanzanian government. It has agreed to pay 300 million dollars and hand over a 16% stake in three gold mines along with a 50% share of its revenues from those mines. Dan Ashby has been following this story from Dar es Salaam and joins us with more. Subscribe: http://trt.world/subscribe Livestream: http://trt.world/ytlive Facebook: http://trt.world/facebook Twitter: http://trt.world/twitter Instagram: http://trt.world/instagram Visit our website: http://trt.world
Views: 1032 TRT World
RAID - Lethal Gold in Tanzania
 
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This short film tells in stark detail the stories of some of the victims at the North Mara Gold Mine in Tanzania operated by UK listed company, Acacia Mining. The mine has been plagued by human rights problems. Barrick Gold Corporation, is the majority shareholder of Acacia Mining, holding 63 per cent. Since 2014, at least 22 people have been killed and 69 injured, many by bullet wounds, at or near the remote mine in security related incidents, according to research conducted by RAID and MiningWatch Canada (MWC). Nine women and girls have been raped. A Tanzanian parliamentary inquiry set up to look into the problem in 2016, received 65 reports of killings and 270 people injured by police responsible for mine security. Tanzanian opposition and human rights monitors believe the number is higher, estimating 300 mine related deaths since 1999.
Views: 1847 RAID
The Fat of the Land: The Gold Diggers of Tanzania
 
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Tanzania is actually a rich country - rich in natural resources. Industrial mining companies have been exploiting Tanzania's gold deposits since the turn of the millennium. But, as in so many of Africa's resource-rich countries, the profits end up in the hands of a very few. Every day, in a gold mine in the country's northwest, rich and poor meet when hundreds of local villagers illegally invade the premises. The Canadian mining corporation Barrick Gold tries to keep the trespassers out, but many people have already lost their lives. Powered by NewsLook.com
Views: 861 Windsor Star
Tembo Gold Corp. - Site Visit August 2011
 
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Tembo Gold Corporation is a Canadian based gold exploration and development company, focused on projects in Tanzania and the rest of Africa. The company is led by a top quality management team with extensive Tanzanian and African gold exploration, mine development and operations experience. The company's flagship asset is the Tembo gold property located in the prolific Lake Victoria goldfield, a geological terrane and mining belt hosting several multi-million ounce deposits.
Views: 474 soarfinancialvideos
Peru’s No. 1 illegal export isn’t what you think it is
 
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Peru, the world’s largest producer of cocaine, has a new booming illicit business: gold. Visit us at: http://www.fusion.net Like us at: http://www.facebook.com/FusionNetwork Follow us at: http://twitter.com/thisisfusion View us: http://instagram.com/ThisIsFusion Read more: http://thisisfusion.tumblr.com/
Views: 2723 FUSION
Tanzania: Company woes villagers through sport
 
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Mugini Jacob, VoicesofAfrica mobile reporter in the Mara region, Tanzania (13 October 2010) The relationship between villagers living near the North Mara Gold Mine and Barrick Africa Gold, a Canadian miner which operates the mine is likely to improve following introduction of soccer competitions that bring the two sides together. The relationship between villagers living near the North Mara Gold Mine and Barrick Africa Gold, a Canadian miner which operates the mine is likely to improve following introduction of soccer competitions that bring the two sides together. The first match that involved teams from the local villagers and workers of the mining company was held here last weekend. The villagers welcomed the initiative, saying that it might help to end poor relationship that has existed between the Canadian investor and the communities residing near the mine for years. 'Sports will help because when we go back at homes even these they will bring a lot of awareness and our relationship with the mine will be good', says Mr Sele Chacha. Mr Daudi Itembe, a local villager leader describes the soccer cups as a good start but stresses that the mine is suppose to do more than that if it was determined to enhance relationship with the local communities. 'We have also talks with the mine and I believe we are going to open a new page', the local leader says. The Mine's General Manager Mr Kevin Moxam believes that sports will play a significant role to endless conflicts in the mine. The mining company has always been complaining that it spends a huge chunk of money to prevent crimes targeting it's operation at the mine that is situated in Tarime district , few kilometers from the world famous Serengeti National Park. A number of civilians have been shot dead by police officers for allegedly invading the mine to grab gold sand in the recent years. A section of Tanzanians complains that the nation does not reap fruits of mining industry which had attracted serious investors in the past few years. Barrick is currently the leading gold mining company investor operating several gold mines in Tanzania.
Barrick swallows Randgold in $18.3-billion deal to create gold mining giant
 
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subscribe my channel and support and get more videos Canada’s Barrick Gold is swallowing African operator Randgold Resources in a takeover worth roughly US$6-billion that will ensure In a release, Mr. Thornton said that the merger comes with no premiums because “we strongly believe in the opportunity to add significant value for our shareholders from the disciplined management of our combined asset base and a focus on truly profitable growth.” Mark Bristow, the well-regarded CEO of Randgold is to become the CEO of the enlarged company, which will retain the Barrick name. Mr. Thornton, a former president of Goldman Sachs, will remain as executive chairman. Graham Shuttleworth, Randgold’s current chief financial officer, takes the CFO role at the combined company with Barrick’s current CFO Catherine Raw becoming chief operating officer North America. “The combination of Barrick and Randgold will create a new champion for value creation in the gold mining industry, bringing together the world’s largest collection of tier one assets, Under the merger terms, each Randgold shareholder will receive 6.128 new Barrick shares for each Randgold share. The merger would see Barrick shareholders own 66.6 per cent of the enlarged company; Randgold shareholders would own the rest. The deal is expected to close in early 2019. Mr. Thornton has praised Randgold and Mr. Bristow. Randgold’s returns on capital are routinely the highest, or close to them, in the gold sector. “Our industry has been criticized for its short-term focus, undisciplined growth and poor returns on invested capital,” Mr. Bristow said, in a statement. “The merged company will be very different. Its goal will be to deliver sector leading returns.” Unlike Barrick Gold, which has taken billions in write-downs over the years , Randgold has never “written down a penny,” Mr. Thornton said in a conference call with analysts on Monday. Another big advantage of the acquisition for Barrick shareholders according to Mr. Thornton is it is buying a competitor with a proven ability to operate in one of the most challenging jurisdictions in the world. i.e. Africa. Barrick’s subsidiary Acacia Mining PLC, which operates in Africa is currently subject to a gold export ban in Tanzania. Last year, the Tanzanian government accused Acacia of US$200-billion in tax fraud. The combined company will have five tier-one mines, three from Barrick and two from Randgold. Barrick defines a tier 1 mine as one that produces 500,000 ounces of gold a year, has a life of more than 10 years and is low cost. Randgold owns mines in Mali, Ivory Coast, Senegal and the Democratic Republic of Congo. The deal means Barrick likely won’t lose its spot as the world’s biggest gold producer after all. Last year, after Barrick’s production fell to to 5.3 million ounces of gold and the company predicted up to 5 million ounces for this year, it looked like Newmont Mining Corp., which forecast it will produce as much as 5.4 million ounces for 2018 would soon surpass Barrick. By swallowing Randgold, Barrick gains about 1.3 million extra ounces a year in production, which would put it comfortably ahead of its U.S. competitor. In an interview with The Globe and Mail in London earlier this month, Mr. Thornton said he had thrown out the traditional “chasing ounces” growth model in the industry and would focus on free cash flow – the money left over after capital expenditures and operating costs are paid. As CEO, Mr. Bristow will be responsible for the day to day operations of running Barrick. Executive chair Mr. Thornton will work with the board of directors and also continue to work on relationship building with countries like China and deal with geopolitical matters. Both Mr. Bristow and Mr. Thornton will jointly make decisions on large strategic and macro matters. One analyst asked Mr. Bristow whether there is risk for Randgold, which is known for its nimble, decentralized business model, in combining with the much bigger Barrick. “Our intention is to implement the Randgold way,” said Mr. Bristow, which he explained is a flat management structure, with an emphasis on efficiency and the ability to make quick decisions. “John [Thornton] has done a lot of work in cleaning up the baggage,” he added. “There is no culture clash amongst the senior executives between Randgold and Barrick.” Under the terms of the deal, Randgold will cease to trade on the London Stock Exchange. The new combined company will trade on the New York and Toronto stock exchanges. The deal is subject to majority shareholder approval from Barrick’s shareholders and 75 per cent approval from Randgold’s shareholders. https://www.youtube.com/channel/UCXeUNeygmZPIOgvCWxAkUw #barrick #barrick gold news #randgold stock #zijin mining #randgold resources #rangold
Views: 111 HD TV
"How mining works." Documentary series.
 
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Teaser for Part 3 of our in-depth look at the positive impact of mining in Tanzania. Funded by the Tanzania Chamber of Minerals and Energy. Concept & Production by Khanga Rue Media in partnership with Africa Practice KRM Team: Cinematography: Owen Strock Executive Producer: Nisha Shah-Sanghvi Line Producer: Mani Grewal Production Coordinator: Bilen Seyum Copy: Flannery McKenna & Taji Liundi Editor: Paul Isangi Voice Over (Swahili): Taji Liundi Music: Matt Nicholson
Views: 1695 epatolvera
Mining Battles: Uranium, Coal, and Gold
 
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Find more Earth Focus content at https://www.linktv.org/earthfocus (Earth Focus: Episode 67) An impoverished former mining community in Colorado hopes that a proposed uranium mill will bring jobs and prosperity until environmentalists step in to try to stop it. Who gets to decide? Filmmaker Suzan Beraza documents the debate in her new film Uranium Drive-In. Rhinos are killed for their horn. But now in South Africa they face a new threat -- coal. Plans for an open cast coal mine on the border of Hluhluwe-iMfolozi Park, home to the largest population in the world of the once endangered white rhino, may bring economic development. However, these plans will also worsen air and water quality and increase poaching and crime. Jeff Barbee reports from South Africa. The indigenous people in Ecuador's Kimsakocha wetlands rely on the land's water for their livelihood -- agriculture and livestock production. But there is gold under the water and foreign mining companies are out to get it. The local people mount a fierce opposition. "Resistance will not end, we will not give up even if we are in prison," says local community leader Carlos Perez. Constantino de Miguel reports from Ecuador.
Views: 4184 Link TV
Zinc, Gold & Silver - White Rock Minerals Ltd.
 
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Matthew Gill is the CEO of White Rock Minerals (ASX:WRM). They are an Australian listed minerals resources exploration and development company with activities focused in Alaska and New South Wales. For the best editorial on Junior Mining visit - http://www.cambridgehouse.com/mining Join us at an upcoming event! http://www.cambridgehouse.com Be part of our investment community: http://www.cambridgehouse.com/ https://twitter.com/cambridge https://www.facebook.com/cambridgehouseconferences https://www.linkedin.com/company/cambridge-house-international/ Copyright © 2019 Cambridge House International Inc. All rights reserved.
TOP 7 Countries With The Most Diamonds Found
 
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TOP 7 Countries With The Most Diamonds Found 7. Angola 6. Canada 5. South Africa 4. Australia 3. The Democratic Republic of Congo 2. Botswana 1. Russia ===================== diamond nation diamond world diamond source diamond productions biggest diamond in the world largest diamond in the world where are diamonds found diamond mines in africa diamonds in africa where to find diamonds which is the best country in the world how are diamonds mined area of a diamond best diamonds in the world largest producer of diamond ===================== Facebook ► https://www.facebook.com/Mega-News-1728374423845386/ Twitter ► https://twitter.com/meganews77 Google+ ► https://plus.google.com/113281215443356264322 Tumblr ► https://meganews77.tumblr.com/ Pinterest ► https://pinterest.com/meganews77/ Reddit ► https://www.reddit.com/user/MegaNews77/ Linkedin ► https://www.linkedin.com/in/mega-news-858b93137 LiveJournal ► http://meganews77.livejournal.com/ Please Like & Subscribe Mega News https://www.youtube.com/channel/UC0P4_2nrwEMw2A1TCsfQYdg https://youtu.be/qUHybhhzYvs
Views: 671250 Mega News
The Hemlo Gold Story
 
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A CBC Documentary Prospectors John Larch, Don McKinnon and Richard Hughes discovered gold in the Hemlo camp in the early 1980s, starting a staking rush not seen in Canada since the Klondike gold rush of the late 19th century. Two companies, Golden Sceptre and Goliath Resources, secured rights to a large land package in the area, and were subsequently acquired by Noranda. Noranda permitted and built the Golden Giant mine in less than two years. With its first pour in April, 1985, the Golden Giant was the first mine in the camp to ship. Peak production occurred in the early 1990s, approaching 500,000 oz per year. During its 21-year life, the mine produced over 6 million ounces of gold. (from Wikipedia)
Views: 42833 OntarioMiningHistory
Tanzanian Royalty Exploration Corporation Company Profile
 
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Tanzanian Royalty Exploration Corporation is a Canadian-based gold mining company. The company currently has three advanced projects in the United Republic of Tanzania. The company trades on the AMEX (TRX) and the TSX (TNX). For company profiles, charts, news, and hundreds of stock lists we invite you to check out our website: http://investsnips.com/tanzanian-royalty-exploration-corporation-trx/
Views: 116 InvestSnips
Gold Nugget For Sale And Diamond In Congo, Angola + 27817895239 Purity: 98.05%
 
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GOLD SUPPLIERS FROM CONGO(DRC) ON SALE +27817895239 We are a reliable Gold Mining company with our head office based in London, South Africa with Operating license in Tanzania. We have gold dust, gold bars, diamond and metal scrap for sale at cheap prize. We have been storing our gold nugget over a period of time and now wish to sell to enable us develop our Mining site. We the principal sellers are pleased to make this offer of AU Gold Nugget Under the penalty of perjury and with full corporate and legal responsibility to the following terms and conditions. SPECIFICATION: - Product: Aurum Uranium (Au) Gold Nugget. - Purity: 98.05% - Quantity: 250kg - Origin: Tanzania - Price: US$30,000 per Kg - Mode of Delivery: Seller will ship to buyers preferred location via Air cargo. - Terms: We prefer buyer or his agent to come personally to our office in London for analysis and to sign vital Documents. Please note that we are also seeking joint venture partners to develop our gold rich mining area which is More than 250 acres, but for now, we are only operating on 25 acres. We want to sell our reserved stock of Gold to buy modern machines & equipments. In case if you are not a gold buyer or broker, we are ready to Offer you 10% as commission for introducing us to a prospective gold buyer from any country. You can email us with this email:[email protected]
Views: 13061 Nabuto Kitakula
Kilimanjaro Gold - Company Presentation
 
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Kilimanjaro Gold is a private company focused on gold projects in Tanzania. For more information, visit: http://kilimanjarogold.com/
Views: 812 kilimanjarogold
Tanzania: Company fails to seduce teachers
 
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Mugini Jacob, VoicesofAfrica mobile reporter in the Mara region, Tanzania (31 October 2010) About 150 primary and secondary school teachers working with public schools adjacent North Mara Gold Mine have been angered by a tour which they made into the mine recently . The tour was organised by the Barrick African Gold, a Canadian giant miner which operates the mine as part of the company's efforts to improve it's relationship with the surrounding communities. The teachers had expected to visit several areas including the gold processing plant but end up visiting rich ponds that contain water containing acid. 'We are not satisfied with this tour because we have not been taken to essentials areas that we wanted to visit', most of the teachers lamented shortly after winding up the long day tout into the mine. But according to the Mine's Environmental Coordinator Mr Delphinus Kabalega the tour was meant to familiarize the teachers on efforts taken by the mine conserve environment in the area. A few months ago the mine become into spotlight after it discharged water containing harmful toxic into sources of water and residential areas of the local communities.
Africa's mining industry outlook 2017
 
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Africa contains an estimated 30 per cent of the world's mineral resources. Natural resources have accounted for about 35 per cent of Africa's growth since 2000. Nonetheless, international investors and mining companies remain cautious, owing to Africa's never-ending challenges, including a lack of infrastructure, power and political instability, to name a few. On this CNBC Africa special we look back at 2016 and what trends we may see this year.
Views: 1415 CNBCAfrica
We Call Them Intruders: A Documentary about Canadian Mining in Africa
 
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How well do you know your money? Two Vancouver-based filmmakers trace their investments to Canadian mines in Eastern and Southern Africa. If you live and work in Canada, chances are you’re connected to Canadian mining companies whether you know it or not through your savings, taxes, Canada Pension Plan contributions, RRSPs and other investments. "We Call Them Intruders" (previously titled "Plenty's Paradox") is a documentary that travels from Canada to Africa and back again to unearth the stories behind some of the continent’s largest Canadian-owned mining projects. The film brings viewers on a journey, taking a hard look at why communities, governments and corporations are so often pitted against each other in an explosive battle over extracting the earth’s riches. To contribute to our film: https://dana.io/we-call-them-intruders http://wecallthemintruders.wordpress.com | https://www.facebook.com/PlentysParadox Music: Johnny Ripper, Opening Credits; Reinsamba, Kalimba; Dermotte, Kalimba Creative Commons attribution-noncommercial-sharealike licenses
Toronto Tanzania Solidarity
 
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Approximately 70 people gathered outside the University of Toronto's Munk School of Global Affairs for a commemoration held for the seven individuals killed in Tanzania at African Barrick Gold's North Mara Mine. Peter Munk, who recently donated $35million to the University, is the founder of Barrick Gold. Public outcry over this violence has been amplified by recent reports that local security/police forces employed by the mine have attempted to ban a memorial ceremony for the deceased. To the horror of many local families, these security forces also stole 5 of the 7 peoples' bodies from the mortuary. The violence surrounding Barrick's North Mara mine has been ongoing since the company first arrived in the region. Mass displacements, lost livelihoods, contaminated water and the resulting health impacts are at the root of the ongoing violence. For more information: solidarityresponse.net protestbarrick.net munkoutofuoft.wordpress.com
Views: 4071 MiningInjustice
Montero Mining & Exploration's CEO Clip
 
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About Montero Mining & Exploration Montero Mining and Exploration Limited is a mineral exploration and development company focused on Rare Earth Element (REE), uranium and phosphate deposits in Tanzania, Canada and South Africa. Our Wigu Hill project in Tanzania is a large, REE enriched, undeveloped carbonatite vein system that the company is drilling in 2011. Montero continues to explore the Wigu Hill REE Project to define a economic and viable resource.
Views: 247 MonteroMining
1 Mine in Construction & the Other in Commercial Production - Telson Mining
 
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Telson Mining has one mine in pre-production and under construction and a second in commercial production. Telson Mining Corporation is a Canadian based junior resource mining company with two Mexican gold, silver and base metal mining projects. The Company announced that on May 15, 2018 its Campo Morado mine located in Guerrero, Mexico had begun commercial production a full 3 months ahead of schedule. The goal at Campo Morado is to increase throughput at the mill toward 2,500 tonnes per day during early 2019. Telson's Tahuehueto Project, located in north-western Durango State, Mexico is currently in pre-production at approximately 200 tonnes per day utilizing a toll mill for processing and has entered a construction phase with a timeline to be producing on site in its own mineral processing plant capable of milling at least 1,000 tonnes per day near the end of Q1 2019. To see more videos like this one go to https://www.b-tv.com
Rais Magufuli Aitikisa Canada
 
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Ripoti ya Makinikia imemsafirisha mwenyekiti wa Barrick Gold Corporation, wamiliki wa hisa nyingi za Acacia Mining Prof. Thomton, J.L. aliyesafiri kutoka Canada kuja kufanya mazungumzo na Rais wa Tanzania.
Views: 943 Buku Tano
Walkabout Resources first to receive mining licence under new Tanzanian legislation
 
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Walkabout Resources Ltd (ASX:WKT) non-executive director Andrew Cunningham updates Proactive Investors on the graphite company’s grant of a Tanzanian mining licence, and the planned development to bring its Lindi Jumbo Graphite Project into production. “We are the first ASX-listed company to get our mining licence under the new Tanzanian legislation, to say we’re excited is probably the understatement of the century,” Cunningham says. Granting of the mining licence allows Walkabout to further progress advanced project funding options. The project hosts a JORC 2012-compliant measured, indicated and inferred mineral resource of 29.8 million tonnes at an estimated grade of 10.9 % total graphitic carbon (TGC). This resource contains a super high-grade core of 4.7 million tonnes at 22.8% TGC for 1,076,500 tonnes of contained graphite, making it the highest mineable graphite resource in Tanzania.
#WeBelieveSurvivors of Canadian Mining: Barrick Gold's Human Rights Violations in Papua New Guinea
 
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Everlyn Gaupe and Jocelyn Mandi partner with Mining Watch Canada, the Mining Injustice Solidarity Network, ProtestBarrick.Net and Silence is Violence at the University of Toronto for an evening discussing Barrick Gold's human rights violations in Porgera, Papua New Guinea. They've come from Porgera to Toronto to confront Barrick shareholders and investors at the annual AGM on April 25th, and speak to audiences across North America about their work to hold the world's largest mining company accountable. After years of denying cases of sexual assault, Canadian mining company Barrick Gold compensated 119 women and girls who were victims of sexual violence by mine security to the tune of ~$10,000 each for these abuses, but had them sign an agreement that they could never sue the company. Eleven of the women refused this remedy package and threatened to sue the company, resulting in a higher out of court settlement. Since that time, the 119 women who originally accepted the money from Barrick have organized into women's groups and started to demand more dignified treatment from the company. Many others have never received any compensation at all, as allegations of sexual violence continue.
Barrick Gold CEO Jamie Sokalsky gets called out at Toronto mining convention
 
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Once a year, the Prospectors and Developers Association of Canada (PDAC) throws the world's largest mining convention in downtown Toronto. This year, the convention featured a track on Corporate Social Responsibility (CSR) that was open to the public. The final session of this track was a CEO panel featuring Jamie Sokalsky, the CEO of Barrick Gold. While Sokalsky tried to present Barrick's CSR program as more than just window dressing, I got ahold of the mic to draw attention to the very real and on-going human rights abuses at two of Barrick's mine sites, first in North Mara, Tanzania and then in Porgera, Papua New Guinea. Unfazed by the fact that they turned off my mic, I raised my voice to speak louder about the scale of the devastation in Papua New Guinea. Finally, the security escorted me out as I handed out footnoted fact sheets to the audience at the forum. Barrick's entire board and shareholders will gather this April 24 in Downtown Toronto's Metro Convention Centre's John Basset Theatre at 10am. Please come and confront Barrick yourself... don't let them get away with denying the destruction their are imposing on other communities! FACT SHEET: http://protestbarrick.net/article.php?id=868 This is the text of the fact sheet I distributed at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto on March 5, 2013. It is just the tip of the iceberg regarding Barrick's abuses, but enough points to prove a point that Barrick does not promote sustainable development at their mine sites. The fact sheet also debunks the myth that self-reporting can replace regulation and independent monitoring of mining activity. camera: Zach Ruiter director: Sakura Saunders editors: Zach Ruiter and Sakura Saunders music: Illogik, "The Path"
Views: 11099 Sakura Saunders
Global Mining and The Ugly Canadian
 
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Yves Engler: The Canadian Harper government actively interferes in the affairs of other countries on behalf of mining companies registered in Canada
Views: 5083 The Real News Network
Alain Deneault - Canadian Mining Companies and The Toronto Stock Exchange
 
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Canadian Author Alain Deneault discusses the little-known fact about Canadian mining companies. Alain Deneault is a sociologist at the University of Quebec in Montreal. He is co-author of "Black Canada: Pillage, Corruption, and Criminality in Africa," a book that details well-sourced human rights abuses by the multinational resource companies Barrick Gold and Banro Corporation. The companies have responded with $11 million in lawsuits, aimed at bankrupting their critics with court fees. and the publisher for a total of $11 million. Deneault's main areas of research are George Simmel's economic work and the phenomenon of economic criminality in the context of globalization. His numerous publications on Simmel and economic criminality include "L'Argent dans la culture moderne" (Presses de L'Université Laval, 2006). His recent book is "Offshore: Tax Havens and the Rule of Global Crime." In this new book, he makes a compeling paradigm-shifting new argument that views offshore tax havens as the platform for the criminal control of a large part of the global economy.
Views: 3532 crisisinthecongo
eNCA | Impending Laws to Increase Tax on Mining Companies in Tanzania
 
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For more stories visit http://www.enca.com/videos Johannesburg, October 29 - AngloGold Ashanti says it is concerned about its operations in Tanzania. The company expects its taxes to double to around R1.7 billion this year, due to the likely implementation of mining laws, that will increase royalty payments to government.
Views: 85 eNCA
Karoo Exploration Talks Uranium Exploration in Tanzania and Zambia (TSX-V:KE)
 
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Karoo Exploration Corp. is a publicly listed TSX-V Canadian Company focused on uranium exploration in Tanzania. The company is exploring for uranium in one of the most prospective areas in the world.
Views: 175 InvestingNews
stone quarry mining in tanzania
 
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Views: 233 Dacuk Porty
Acacia Mining accused of illegally operating in Tanzania
 
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Tanzania's government has accused Acacia Mining of illegally operating in the, causing the company's shares to slump by as high as 14%. An audit ordered by President John Magufuli in March showed that Acacia togther with other mining companies, have been evading taxed for the past 19 years.The firm has been in dispute with the government since the country issued a ban on concentrate exports in March. The restriction is costing Acacia about $1 million a day in sales and the company has said it may be forced to close its flagship Bulyanhulu mine unless a solution is found. Magufuli is overhauling Tanzania's mining industry, seeking to generate more revenue to help finance projects including the building of a new port, railway and oil pipeline. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 1635 CGTN Africa
Sarama Resources - Incredible Value/Location as Gold Miners Consolidate in Africa
 
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Sarama Resources (SWA on the TSXV in Canada) is perhaps the best 'risk/reward' junior mining stock bet listed on the TSX Venture exchange today, as of publication of this video. This video is chock-full of information and valuable resources. You do NOT need to watch the whole video to get value from it (though I do recommend watching in full if you have time!). Make sure to click some of the links below for content listed in the video. *1 DISCLOSURES/TIMELINE/EXCELLENT SARAMA WRITE-UPS DISCLOSURE: MiningBookGuy owns shares in Sarama Resources (SWA on the TSXV in Canada), Endeavour Mining (EDV on the TSX), Thor Explorations (THX on the TSXV), Teranga Gold (TGZ on the TSX), Savary Gold (SCA on the TSXV), and much of the information is biased. MiningBookGuy does not have any relationship with the companies, and may buy or sell shares at any time in the future. MiningBookGuy is not a registered investment advisor and advises you to do your own due diligence (DYODD) with a licensed investment advisor prior to making any investment decisions. This company is highly speculative and not suitable for all investors. Any errors are mine and mine alone. Direct Link to my Sarama video from April 14th, 2016: https://www.youtube.com/watch?v=TlQ-v6ildaE Ben Kramer-Miller's (from the "Mining Wealth" Newsletter) 2 EXCELLENT articles on Sarama: April 2016 - https://miningwealth.com/substantial-upside-in-sarama-resources-2/ November 2016 - https://miningwealth.com/sarama-resources-bet-on-top-notch-talent-at-bargain-basement-prices/ Jordan Roy-Byrne at TheDailyGold has excellent FREE content. Check out some of his videos and consider subscribing now: https://thedailygold.com/ Jay (@JayFire at CEO.CA) has an AWESOME personal website, www.fifighter.com. Check out his great Sarama article here (btw, he graciously embedded my previous Sarama video!): http://fifighter.com/precious-metals/precious-metals-updates/2016/11/portfolio-update-adding-to-my-best-ideas-november-28-2016/ *2 - EXPLAINING BONDI KEY VALUE - 10 minutes 10 seconds: https://youtu.be/RaANyHF1Yd8#t=10m10s Link to the Bondi focused News Release: http://bit.ly/2k8gpV1 *3 - SOUTH HOUNDE BELT CONSOLIDATION Endeavour Mining / Acacia Mining - 15 minutes 20 seconds https://youtu.be/RaANyHF1Yd8#t=15m20s Endeavour Mining (EDV) Stockhouse Room: http://www.stockhouse.com/companies/bullboard?symbol=t.edv Copy of the Naguib Sawiris article at Stockhouse (thanks Patientguy!): http://www.stockhouse.com/companies/bullboard?symbol=t.edv&postid=25713980 A treasure-trove of information in this room I created at CEO.CA: https://ceo.ca/southhoundebelt Acacia Mining presentations: http://www.acaciamining.com/investors/presentations/2016.aspx An EXCELLENT Acacia Exploration presentation from Nov. 30th 2016: http://www.acaciamining.com/~/media/Files/A/Acacia/presentations/2016/Exploration%20Roundtablev2%20-%20Nov%202016.pdf Endeavour Mining - One of the best powerpoints EVER from a company! Study this if you're interested in Endeavour Mining: https://www.endeavourmining.com/assets/docs/edv-november-investor-day-presentation-20161121175512.pdf Teranga Gold - 23 minutes 20 seconds https://youtu.be/RaANyHF1Yd8#t=23m20s Sorry for audio issues! See the whole Teranga video presentation (including powerpoint) here: http://www.denvergoldforum.org/dgf16/company-webcast/TGZ:CN/ Golden Hill Project links: Teranga news release at CEO.CA: https://ceo.ca/@marketwired/teranga-golds-drill-results-confirm-banfora-reserve-77b61 Images from that news release (scroll down): http://media3.marketwire.com/docs/teranga_gold_oct26_appendix1.pdf Using HotCopper for some nifty historical research when Gryphon Minerals owned Golden Hill: https://hotcopper.com.au/threads/ann-new-high-tenor-gold-in-soils-at-hounde-project-burkina-faso.2416091/?post_id=14390682#.WIkjnrYrKgQ See my West African Gold video here, especially for a scoop on the billionaire Sawiris and Mimran families: https://www.youtube.com/watch?v=0vVo3TbqnSE *4 - COMPETITORS - REASONS WHY SARAMA IS CHEAPEST & BEST RISK/REWARD Savary Gold - 30 minutes 5 seconds https://youtu.be/RaANyHF1Yd8#t=30m05s Nexus Gold - 37 minutes 25 seconds https://youtu.be/RaANyHF1Yd8#t=37m25s Nexus Gold room at CEO.CA: https://ceo.ca/nxs *5 - REVIEWING NEAR-TERM CATALYSTS/PRICE TARGETS/RELATIVE VALUATION - 42 minutes 5 seconds https://youtu.be/RaANyHF1Yd8#t=42m5s West African Resources (quick but important mention) - 44 minutes 30 seconds feel free to reach out to me at CEO.CA, or my email: [email protected] Sarama Resources SWA Andrew Dinning Savary Gold SCA Don Dudek Ross Beaty Acacia Mining Endeavour Mining SEMAFO Teranga Gold IAMgold Roxgold Orezone B2Gold West African Resources Nexus Gold Hounde Belt burkina faso gold west africa gold Mining Stocks gold mining stocks penny stocks penny gold stocks penny mining stocks penny stocks 2017 mining stocks 2017 junior mining stocks 2017 junior mining stocks junior gold miners
Views: 1668 MiningBookGuy
InvestorToday.ca: Sika Resources Inc.
 
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Interview: President & CEO, Kim Harris at the Chicago Resource Expo - April 27 - 28, 2012 SIKA Resources Inc. is a privately held Canadian junior exploration company, focused on gold in Tanzania. The company has an experienced management and technical team with extensive African experience, longstanding local contacts, and an in-depth knowledge of Tanzania.
Views: 137 RBLCommunications
Barrick Gold Corporation of Acacia Mining Limited Prof. John L. Thornton
 
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Rais wa Jamhuri ya Muungano wa Tanzania Mhe. Dkt. John Pombe Magufuli amekutana na kufanya mazungumzo na Mwenyekiti wa Kampuni ya Barrick Gold Corporation ambayo ni mmiliki mkubwa wa kampuni ya Acacia Mining Limited Prof. John L. Thornton na kukubaliana kuwa kampuni hiyo ipo tayari kufanya mazungumzo na Serikali ya Tanzania ili kulipa fedha ambazo Tanzania imezipoteza kutokana na kampuni hiyo kuendesha shughuli zake hapa nchini. Prof. John L. Thornton ambaye amesafiri kwa ndege binafsi kutoka nchini Canada hadi Tanzania amekutana na Mhe. Rais Magufuli leo Juni 14, 2017 Ikulu Jijini Dar es Salaam na mazungumzo yao yamehudhuriwa na Balozi wa Canada hapa nchini Mhe. Ian Myles na Waziri wa Sheria na Katiba Mhe. Prof. Palamagamba Kabudi. Baada ya Mazungumzo hayo Prof. John L. Thornton amesema kampuni yake ipo tayari kufanya mazungumzo na Tanzania yatakayozingatia maslahi ya pande zote mbili na pia ipo tayari kulipa fedha zote ambazo inapaswa kulipa kwa Tanzania. Kwa upande wake Mhe. Rais Magufuli amesema Serikali inakaribisha mazungumzo hayo na itaunda jopo la wataalamu watakaofanya majadiliano na kampuni ya Barrick Gold Corporation ili kufikia makubaliano ya kulipwa fedha zinazodaiwa na namna kampuni hiyo itakavyoendesha shughuli zake nchini maslahi ya pande zote mbili. Mhe. Rais Magufuli amesema pamoja na kukubali kulipa fedha zinazodaiwa Prof. John L. Thornton amekubali kushirikiana na Tanzania kujenga mtambo wa kuchenjulia dhahabu (smelter) hapa nchini.
Views: 283 Andrew Chale
President Magufuli vows to curb tax evasion in the mining sector
 
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Tanzania plans to further tighten controls on its mining sector to maximise the benefits from its wealth of natural resources. President John Magufuli has defended the government's recent introduction of new regulations. They're aimed at ensuring that the benefits of the sector are shared more equitably with the state. President Magufuli has promised to root out tax evasion, corruption and mismanagement in the sector. Tanzania has vast deposits of natural gas, coal, diamonds, uranium and gemstones. Gold exports alone earned Tanzania $1.27 billion in 2015. Major gold mining companies in Tanzania include Acacia Mining and AngloGold Ashanti.
Views: 309 CGTN Africa
The Deadly Business of Barrick Gold
 
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To produce a single gold ring, mining companies dig up 4 truck-loads of land. This is what Canada's Barrick Gold has been doing in Veladero, Argentina for 10 years. But communities are standing up, they have set a permanent occupation in front of the municial government to protest the devastation of their environment and the contamination of their water. http://multimedia.telesurtv.net/v/the-deadly-business-of-barrick-gold/
Views: 2080 TeleSUR English
Business Report: Barrick Gold proposes merger with Newmont Mining
 
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Barrick Gold, Canada’s biggest goldmining company, has announced it wants to buy U.S. rival Newmont Mining. Meanwhile, optimism over the China-U.S. trade talks had a positive effect on markets. Mike Eppel reports.
Views: 430 CityNews Toronto
DRC could rank with Ghana, Tanzania in 10 years  Banro chair
 
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Investors will become increasingly comfortable with mining in the Democratic Republic of Congo, which has the potential to become the largest gold producer in Africa, Banro Corp chairperson Simon Village said on Tuesday.
Views: 682 MiningWeekly
Barrick Gold AGM 2011
 
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WHO IS BARRICK GOLD? Barrick Gold is the world's largest gold mining company, founded and chaired by Peter Munk. With a former Prime Minister on their board and former executives sitting on the board of the Canadian Pension Plan, Barrick enjoys government funding and diplomatic support. WHY PROTEST BARRICK? Barrick Gold takes advantage of inadequate and poorly enforced regulatory controls to rob Indigenous Peoples and communities of their land and livelihoods, destroying sensitive ecosystems, supporting brutal military and security operations, and suing anyone who dares to report on it. Impacted communities are coming to Toronto to confront Barrick, sharing their own undeniable perspectives and shedding light on the ongoing corporate impunity. MAKE THE TRANSFORMATION AWAY FROM GOLD EXTRACTION! WHY? With the majority of gold used for jewelry or to store wealth and the majority of gold extraction destruction on Indigenous lands around the world. It is time to question humans ongoing obsession with gold. HOW? Through reduction, recycling and reuse of gold there can be a halt on new and expanding gold mining explorations and operations around the world. More info: http://protestbarrick.net/ www.Allan.Lissner.net
Views: 2875 Allan Lissner
Tony Harwood - Montero Mining - Near-term rare earth production in Tanzania
 
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Dr Tony Harwood the CEO of Montero Mining spoke about his near-term rare earth production project in Tanzania
Views: 151 objcapconferences
Acacia to sell burkina faso asset for $45m to canada's sandstorm gold
 
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Acacia to sell burkina faso asset for $45m to canada's sandstorm gold Close Acacia to sell Burkina Faso asset for $45m to Canadas Sandstorm Gold JOHANNESBURG – Acacia Mining said on Tuesday it would sell its 2% royalty over the Houndé mine in Burkina Faso for $45million to Sandstorm Gold. The deal is expected to close early in the first quarter of 2018. Acacia, whose three producing gold mines are in Tanzania, has been hit by changes in mining laws that have dented the investment appeal of companies operating in countries such as South Africa and Tanzania, where n...
Views: 25 24HNews
Montero Mining and Exploration Ltd.
 
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Interview with, President, CEO and Director, Dr. Antony Harwood. Montero Mining and Exploration Limited is a mineral exploration and development company focused on the development of their flagship: Wigu Hill Rare Earth Element Project in Tanzania. MON: TSX.V Feature your company on CEO Clips: http://www.ceoclips.com
Breaking News  - DAILY BRIEFING: Acacia Mining soars after Tanzania deal
 
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GOLD DEAL Shares in Acacia Mining soared after a deal with the Tanzanian government to resolve a long-running dispute.Its owner, Barrick Gold, will hand over a 16 per cent stake in three gold mines, a 50 per cent share of revenues from those mines and a payment of £227.8million.GAMES BOOM Fantasy miniatures maker Games Workshop said its sales and profits are running ‘well above’ the same period last year, sending shares up 12.1 per cent, or 243p, to 2250p.In July, it reported a 126pc increase in profit to £38.4million, while sales had soared 34 per cent to £158million.HURRICANE HIT Billionaire Jim Ratcliffe’s firm Ineos took a £44million hit from hurricane Harvey in Texas.The chemicals and oil company made £519m profit during the third quarter, according to unaudited results, compared to £582million in the same quarter the year before.M&S MORTGAGES Marks and Spencer is to start selling mortgages through M&S Bank, which it set up five years ago.NUCLEAR DEAL Swiss firm ABB has won a £98million contract to design, supply and install cables to feed power from the Hinkley Point C plant in Somerset to the grid.CHINA GROWTH The economy in China grew at an annual rate of 6.8 per cent between July and September – slightly slower than the 6.9 per cent in the previous quarter.RENTOKIL RISE Pest control specialist Rentokil reported a 13.7 per cent rise in third-quarter sales to £579.5million after a spate of acquisitions.RBS SALE Bailed-out Royal Bank of Scotland may sell its stake in markets business Euroclear, which could net a profit of tens of millions of pounds.AMEX CHANGE The boss of credit card firm American Express Kenneth Chenault, 66, is stepping down after 16 years.GOING OUT Norway’s Helly Hansen has snapped up British outdoor clothing brand Musto in a deal valued at about £50million.TRUCKING ON First-half profits at Stobart have soared 933 per cent, from £10.8million last year to £111.6million. AutoNews- Source: http://www.dailymail.co.uk/money/jargon/article-4998548/DAILY-BRIEFING-Acacia-Mining-soars-Tanzania-deal.html?ITO=1490&ns_mchannel=rss&ns_campaign=1490
Views: 39 US Sciencetech
Barrick Gold
 
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Regardless of how the gold price is doing in any given year, there will always be companies looking to mine the yellow metal. ... Barrick Gold (TSX:ABX,NYSE:ABX) Production: 190.3 tonnes. Newmont Mining (NYSE:NEM,TSX:NMC) Production: 156.6 tonnes. AngloGold Ashanti (NYSE:AU) Production: 128 tonnes. Goldcorp (TSX:G,NYSE:GG)
Views: 705 us universty
Je, ni Nafasi Adimu? (A Golden Opportunity?)
 
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This is a documentary film which reveals the negative and destructive side of the multinational gold mining in Tanzania. The views expressed are the opinions of the people interviewed but comprises the views of the majority in Tanzania especially community members in the mining areas in Tanzania.
Views: 116 Evans Rubara
Richest Country Comparison (All 188 Countries Ranking)
 
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An animated comparison of the richest country in the world. All 188 countries ranked according to their National Wealth - how rich are they, and if all their money were to convert to gold, how big will the amount of gold they have relative to the size of a human. Also featuring World's richest person Jeff Bezos who is richer than over 100 countries, and Apple, the richest company, which market capitalization is richer than over 150 countries! Source: Credit Suisse (Global Wealth Data Book 2017) Note: 1) Figures listed refers to National Wealth and NOT GDP!!! National Wealth refers to the cumulative sum of every adult marketable value of financial assets plus non-financial assets (principally housing and land) less debts. 2) All 195 United Nation countries included except for Cape Verde, Nauru, Palestine, St Kitts and Nevis, South Sudan, Tuvalu and Vatican City due to lack of available data. 3) Solid Gold Cube refers to a theoretical 1m by 1m by 1m 100% Gold Cube purchased at the current market price. It does not represent Gold Reserves but rather how much gold can be bought if all national wealth/financial assets were converted into gold. Music Used: Chomatic Fuge - Kevin Macload (incompetech) Featured countries (in order): Sao Tome and Principe, Micronesia, Guinea Bissau, Kiribati, Marshall Islands, Tonga, The Gambia, Vanuatu, Saint Vincent and the Grenadines, Malawi, Sierra Leone, Dominica, Grenada, Comoros, Antigua and Barbuda, Maldives, Burundi, Saint Lucia, Suriname, Belize, Swaziland, Samoa, Central African Republic, Djibouti, Guyana, Mauritania, Solomon Islands, Bhutan, Seychelles, Palau, Fiji, Lesotho, Timor-Leste, Rwanda, Madagascar, Barbados, Mozambique, Guinea, Liberia, Somalia, Chad, Equatorial Guinea, Monaco, Liechtenstein, Republic of Congo, Mali, San Marino, Ethiopia, Tajikistan, Niger, Zambia, Belarus, Eritrea, Montenegro, Togo, Moldova, Syria, Uganda, Bahamas, Ghana, Botswana, Burkina Faso, Nicaragua, Armenia, Brunei, Trinidad and Tobago, Democratic Republic of Congo, Macedonia, Andorra, Gabon, Kyrgyzstan, Benin, Haiti, Jamaica, Senegal, Namibia, Tanzania, Laos, Albania, Mongolia, Zimbabwe, Cameroon, Sudan, Turkmenistan, Bahrain, Papua New Guinea, Bosnia and Herzegovina, Mauritius, Cambodia, Bolivia, Ivory Coast, Afghanistan, Honduras, Nepal, Yemen, Malta, Paraguay, Kenya, Ukraine, Latvia, North Korea, Estonia, Kazakhstan, Serbia, El Salvador, Azerbaijan, Georgia, Panama, Myanmar, Lithuania, Guatemala, Sri Lanka, Jordan, Venezuela, Cyprus, Lebanon, Uruguay, Bulgaria, Costa Rica, Slovenia, Oman, Slovakia, Dominican Republic, Tunisia, Puerto Rico, Ecuador, Uzbekistan, Luxembourg, Iceland, Nigeria, Angola, Cuba, Egypt, Libya, Algeria, Iran, Iraq, Qatar, Morocco, Romania, Bangladesh, Kuwait, Hungary, Vietnam, Thailand, Czech Republic, Malaysia, Peru, Pakistan, Argentina, Philippines, United Arab Emirates, Colombia, Finland, Chile, Portugal, South Africa, Saudi Arabia, Ireland, Poland, Greece, Israel, Turkey, New Zealand, Singapore, Denmark, Norway, Austria, Mexico, Indonesia, Russia, Sweden, Belgium, Brazil, Netherlands, Switzerland, Spain, India, South Korea, Australia, Canada, Italy, France, Germany, United Kingdom, Japan, China, United States
Views: 10036328 Reigarw Comparisons
Barrick Gold Wants to Buy Newmont Mining Now Too?
 
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Jason talks about rumors of Barrick Gold making a hostile takeover bid for Newmont Mining were reported by Bloomberg on Friday. 1) Barrick Gold Has Studied Offer for Newmont Mining https://www.bloomberg.com/news/articles/2019-02-22/barrick-gold-is-said-to-have-studied-offer-for-newmont-mining-jsfhehgz 2) Barrick's Thornton Puts Newmont in Check in Gold Takeover Game https://www.bloomberg.com/amp/news/articles/2019-02-22/barrick-s-thornton-puts-newmont-in-check-in-gold-takeover-game 3) Barrick Shares Likely Stuck Below $14.00 Until New 5-Year Plan Revealed https://seekingalpha.com/article/4241955-barrick-shares-likely-stuck-14_00-new-5-year-plan-revealed 4) Is Barrick Gold Close To Buying Freeport-McMoRan? https://seekingalpha.com/article/4241987-barrick-gold-close-buying-freeport-mcmoran 5) Barrick Gold gets two downgrades; investors should wait for long-term strategy https://seekingalpha.com/news/3433943-barrick-gold-gets-two-downgrades-investors-wait-long-term-strategy More bad economic data for the global economy! 1) World's Largest Shipping Company Warns 2019 Global Economic Outlook Is Worse Than 2018 https://www.zerohedge.com/news/2019-02-21/worlds-largest-shipping-company-warns-2019-global-economic-outlook-worse-2018 Plus, take a look at the chart of the Baltic Dry Shipping Index! It has totally collapsed which is not a good sign for the Chinese economy and the global economy as a whole! A brief history of corporations: https://en.wikipedia.org/wiki/Corporation Corporations actually arose as a government protected (monopoly or duopoly) charter protected by the king and his army and predated the Industrial Revolution. Many of the earliest corporations like Dutch and English chartered companies, such as the Dutch East India Company (VOC) and the Hudson's Bay Company literally murdered competitors and owned many indentured servants and slaves. Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 44 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**
Views: 2774 WallStForMainSt