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Barrick Welcomes Ontario Court of Appeal's Dismissal of Appeal Concerning North Mara Gold Mine

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  • The Ontario Court of Appeal dismissed an appeal by Tanzanian residents alleging human rights abuses by the Tanzanian Police Force near Barrick's North Mara gold mine.
  • The ruling upheld an earlier Superior Court of Ontario decision determining that Ontario is not the appropriate forum and that claims must be adjudicated in Tanzania.
  • Case evidence established that the Tanzanian Police Force operates independently of Barrick.
  • Barrick maintains a zero-tolerance policy regarding human rights violations by its employees, contractors, or third parties acting on its behalf.
  • Barrick President and CEO Mark Hill stated the company is proud of its partnership with Tanzanian governments and communities to create jobs and drive economic development.
  • Barrick Mining Corporation is a global mining company operating in 17 countries and is the largest gold producer in the United States.
  • Barrick shares trade on the New York Stock Exchange under the symbol 'B' and on the Toronto Stock Exchange under the symbol 'ABX'.