Barrick Joins Fight Against Covid-19 in Zambia
April 07 2020 - 09:04AM
Barrick Gold Corporation’s country manager for Zambia, Nathan
Chishimba, today handed a cheque for US$530,000 to Minister of
Health Hon Dr Chitalu Chilufya, Minister of Mines & Mineral
Development Hon Richard Musukwa and Provincial Minister Hon
Nathaniel Mubukwanu. The donation is designed to support the
country in combating and containing the Covid-19 pandemic.
At the ceremony, Chishimba said Barrick had
already introduced extensive measures to protect workers and their
families living in and around its Lumwana mine against the
virus.
“As a committed partner to Zambia we would also
like to make a contribution to the government’s fight against the
pandemic. We are consequently funding the provision of
medical equipment to the value of US$340,000 at the national level,
US$100,000 for the North-Western province and US$90,000 for the
Kalumbila district,” he said.
Barrick’s chief operating officer for Africa and
the Middle East, Willem Jacobs, said the company was engaging with
Zambia’s national Covid-19 taskforce to convert its support into
immediate action. Its senior management in Zambia was already
working closely with the local health authorities.
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President and chief executiveMark Bristow+1 647 205 7694+44 788 071
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Information Certain 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”, “design”, “would”, “engage”, “convert” ““contain”,
“will”, 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 to combat and contain the Covid-19 pandemic in Zambia,
including by funding the provision of medical equipment at the
national, provincial and district levels and engaging with Zambia’s
national Covid-19 taskforce and local health authorities while
maintaining the Zambian mine operational.
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 Zambia; 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
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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
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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
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of new information, future events or otherwise, except as required
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