Workflow
Barrick's Lumwana Among Top Contributors to Zambia's Economic Growth
GOLDBarrick(GOLD) ZACKS·2025-01-27 14:46

Barrick Gold Corporation (GOLD) has displayed its commitment to Zambia’s economic growth by contributing through royalties, taxes, salaries and procurement of goods and services through its Lumwana mine. The Lumwana Mine operations have contributed 887milliontotheeconomyin2024.Since2019,GOLDhascontributedmorethan887 million to the economy in 2024. Since 2019, GOLD has contributed more than 3.7 billion to the economy. The Lumwana mine has led the advancement of local content in Zambia. Out of the $906 million spent on goods and services in 2024, 72% went to Zambian supp ...