Africa Mining: Barrick’s Acacia Mining gets involved in Tanzania dispute

Acacia in Tanzania

Keeping the lights on, for now: Operations at Bulyanhulu could be suspended as the export ban in Tanzania bites

Barrick Gold (CN:ABX) chairman John Thornton met with Tanzanian president John Magufuli on Wednesday to discuss the issues surrounding Acacia Mining (LN:ACA) however the outcome of the meeting is unclear, the Mining Journal reports. Continue reading

Africa Mining: Acacia Mining faces troubles in Tanzania

Acacia in Tanzania

Keeping the lights on, for now: Operations at Bulyanhulu could be suspended as the export ban in Tanzania bites (Miningjournal.com)

Acacia Mining (LN:ACA) may have to consider operational shutdowns within its Tanzania-focused gold portfolio, after incidents this week suggested there would be no quick fix for a concentrate ban introduced in March that significantly affects revenues. Continue reading