Barrick Joins Fight Against Covid-19 in Côte d’Ivoire
10 April 2020 - 2:30AM
Barrick Gold Corporation’s country manager for Côte d’Ivoire,
Bodiel N’Diaye, today donated $1.3 million to Minister of Mines
Jean Claude Kouassi to support Côte d’Ivoire in its campaign
against the Covid-19 pandemic. The donation will be used for
medical and social aid, including the provision of protective
equipment and sanitary materials.
$850,000 of that amount will be allocated at a
national level, $320,000 at a regional level and $135,000 will go
to the district and communities around Barrick’s Tongon mine.
Barrick owns and operates the Tongon gold mine
in Côte d’Ivoire and has a long history of partnering with the
government and local communities, including in the field of
community health.
N’Diaye said extensive preventative and control
measures had already been implemented at Tongon, but in the light
of its long-standing commitment to the country and the potential
scale of the pandemic, Barrick deemed it necessary to also make a
contribution at the national level.
Barrick EnquiriesInvestor and
media relationsKathy du Plessis+44 20 7557 7738Email:
barrick@dpapr.com
Website: www.barrick.com
Cautionary Statement on Forward-Looking
InformationCertain information contained in this press
release, including any information as to Barrick’s strategy or
future financial or operating performance, constitutes
“forward-looking statements”. All statements, other than statements
of historical fact, are forward-looking statements. The words
“support”, “will”, “contribute”, “prevent”, “control” and similar
expressions identify forward-looking statements. In particular,
this press release contains forward-looking statements including,
without limitation, with respect to financial support and
preventative measures implemented by Barrick’s Tongon mine to
mitigate the impact of the Covid-19 pandemic in Côte d’Ivoire,
including by providing support at the national and regional levels
as well as to district and community stakeholders.
Forward-looking statements are necessarily based
upon a number of estimates and assumptions; including material
estimates and assumptions related to the factors set forth below
that, while considered reasonable by Barrick as at the date of this
press release in light of management’s experience and perception of
current conditions and expected developments, are inherently
subject to significant business, economic, and competitive
uncertainties and contingencies. Known and unknown factors could
cause actual results to differ materially from those projected in
the forward-looking statements, and undue reliance should not be
placed on such statements and information. Such factors include,
but are not limited to: the risks associated with Covid-19 and
other infectious diseases presenting as major health issues;
failure to comply with environmental and health and safety laws and
regulations; operating or technical difficulties in connection with
mining or development activities, including geotechnical
challenges, and disruptions in the maintenance or provision of
required infrastructure and information technology systems; changes
in national and local government legislation, taxation, controls,
or regulations and/or changes in the administration of laws,
policies, and practices, expropriation or nationalization of
property and political or economic developments in Côte d’Ivoire;
lack of certainty with respect to foreign legal systems, corruption
and other factors that are inconsistent with the rule of law; risks
associated with illegal and artisanal mining; risk of loss due to
acts of war, terrorism, sabotage and civil disturbances; timing of
receipt of, or failure to comply with, necessary permits and
approvals; litigation and legal and administrative proceedings;
damage to the Barrick’s reputation due to the actual or perceived
occurrence of any number of events, including negative publicity
with respect to the Barrick’s handling of environmental matters or
dealings with community groups, whether true or not; contests over
title to properties, particularly title to undeveloped properties,
or over access to water, power, and other required infrastructure;
employee relations including loss of key employees; increased costs
and physical risks, including extreme weather events and resource
shortages, related to climate change; and availability and
increased costs associated with mining inputs and labor. In
addition, there are risks and hazards associated with the business
of mineral exploration, development, and mining, including
environmental hazards, industrial accidents, unusual or unexpected
formations, pressures, cave-ins, flooding, and gold bullion, copper
cathode, or gold or copper concentrate losses (and the risk of
inadequate insurance, or inability to obtain insurance, to cover
these risks).
Many of these uncertainties and contingencies
can affect our actual results and could cause actual results to
differ materially from those expressed or implied in any
forward-looking statements made by, or on behalf of, us. Readers
are cautioned that forward-looking statements are not guarantees of
future performance. All of the forward-looking statements made in
this press release are qualified by these cautionary statements.
Specific reference is made to the most recent Form 40-F/Annual
Information Form on file with the SEC and Canadian provincial
securities regulatory authorities for a more detailed discussion of
some of the factors underlying forward-looking statements, and the
risks that may affect Barrick’s ability to achieve the expectations
set forth in the forward-looking statements contained in this press
release.
Barrick disclaims any intention or obligation to
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise, except as required
by applicable law.
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