African Barrick Gold plc (ABG.L,ABGLF.PK) said it has concluded discussions with the Tanzanian government with respect to the level of royalty payments made by its operations and, in light of the current gold price environment, agreed to a voluntary additional 1% royalty going forward.
This is in addition to the 3% rate stipulated in the company's Mineral Development Agreements, which remain unchanged.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.