Barrick Mining says Twiga partnership delivers growth for Tanzania

Five years after its formation, the Twiga partnership between Barrick Mining (B) and the government of Tanzania continues to redefine the role of mining in national development, delivering shared value, operational excellence and long-term investment in the country’s future. Speaking at a media briefing here today, Barrick president and chief executive Mark Bristow said the partnership had created a sustainable model for mineral development in Tanzania. “When we established Twiga, it was about more than just resolving legacy issues. It was about building a new future by unlocking Tanzania’s gold endowment in a way that fairly shares the benefits and builds lasting value for all stakeholders. Five years on, we’ve not only re-established Barrick as the sector’s leading economic contributor but have also earned national recognition across a range of areas from safety and local content to education and infrastructure,” Bristow said. Since Barrick took operational control in 2019, the company has injected $4.79B into the Tanzanian economy, including $558M in the first half of 2025 alone. More than 90% of procurement continues to be with Tanzanian suppliers, the majority of whom are indigenous companies, and 96% of our workforce is Tanzanian with 49% coming from communities around the mine. A standout example of the Twiga partnership in action is the Future Forward education programme, a joint $30M investment by Barrick and the government, with the President’s office, aimed at expanding school infrastructure across the country. Now in its second phase, the programme is set to provide classroom space for an additional 45,000 pupils. Barrick’s Tanzanian mines continue to deliver in line with guidance. At Bulyanhulu, development of the Upper West decline is well advanced, supported by the arrival of a new fleet and improved access through expanded infrastructure. The mine has benefited from focused investment in ventilation and dewatering systems. These improvements are unlocking bottlenecks, improving flexibility and positioning Bulyanhulu to produce gold for decades to come.