Barrick unit commits $0.35mn for community projects in Tanzania’s Nyang’hwale district

Published: 2026-04-14 02:08:08 ET ABX.TO

Published on 04/14/2026 at 02:08 am EDT

Barrick Bulyanhulu, a gold mining operation owned by Barrick Gold Corporation (TSX:ABX, NYSE:GOLD), has committed TZS 900mn ($0.35mn) through Twiga Minerals Corporation to support development projects in Nyang’hwale District in north-western Tanzania, Daily News reported.

The funding will prioritise education infrastructure, alongside investments in healthcare, water access and local economic activities.

Nyang’hwale District Council Chairperson John Isack lauded the projects, saying, as quoted by Daily News, “We are focusing on projects that matter most to our people. From the construction of a new gold market to beekeeping initiatives in Miyenze Forest, these projects are designed to create a self-sustaining economy for our residents.”

Twiga Minerals, a joint venture between the Tanzanian government and Barrick Gold, manages several of the country’s major gold assets, with Barrick holding a 50% stake alongside the state.

Barrick Bulyanhulu environment and community relations manager Agapiti Paul is quoted by Daily News as saying, “The gold market will be a major source of income, adding value for small-scale miners and acting as a catalyst for other wealth-generating activities.”

Planned education projects include staff housing and a water well at Iyenze Secondary School, as well as 240 dormitory beds for Bukwimba, Busolwa and Kenegele secondary schools. New Sengerema Primary School will also receive desks and teachers’ furniture.

Additional works include water and electricity infrastructure at Mwabui Dispensary and a livestock watering facility in Ng’wasabuka Village, Africa Press reported.

Last year, Barrick Bulyanhulu allocated TZS 1.75bn ($672, 530.96) in corporate social responsibility spending across the district, supporting social services and local livelihoods.

As IntelliNews reported, Tanzania Revenue Authority officials also recently praised Barrick Gold after Twiga Minerals paid $92mn in income tax for 2024, up from $58mn in 2023, following a $112mn contribution in 2022.