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Credit: Acacia Mining plc. Barrick Gold has signed a deal to settle a long-running tax dispute between the Government of Tanzania (GoT) and mining group …
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Acacia Mining (LON:ACA), Tanzania's gold producer, announced Monday that it will reduce operational activity at its Bulyanhulu Gold Mine. "The decision was driven by unsustainable cash ...
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The North Mara Gold Mine opened in 2002 and is one of the three gold-producing mines in Tanzania owned by the UK public company Acacia Mining (formerly African Barrick Gold), the biggest gold producer in Tanzania listed on the Main Market of the London Stock Exchange. The mine has produced over 2 million ounces of gold since 2002 and the ...
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Acacia Mining said on Wednesday it was seeking a stay of international arbitration proceedings against Tanzania, a step that could ease tensions between the two sides locked in a dispute following ...
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Acacia Mining (formerly African Barrick Gold plc) is a gold mining business operating in Tanzania, with exploration properties in Kenya, Burkina Faso and Mali. It is listed on the London Stock Exchange and the Dar es Salaam Stock Exchange under the ticker ACA, and is a constituent of the FTSE 250 Index. Acacia's majority shareholder is …
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Barrick's Acacia Mining has been hit with a 300-million Tanzanian shillings fine (about $129,144) over allegations of environmental breaches at its North Mara mine.
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Acacia Mining is Tanzania's biggest gold producer and operates three major mines there — Bulyanhulu, Buzwagi (pictured) and North Mara. (Image courtesy of Acacia Mining)
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Acacia Mining (LON:ACA) on Tuesday announced the successful restart of operations at its Bulyanhulu gold mine in Tanzania. Acacia, majority owned by Canada's Barrick Gold (TSX, NYSE:ABX) said...
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Acacia Mining (LON:ACA), Tanzania's gold producer, confirmed Wednesday local media reports saying that one of its staff members and a former employee were detained by the country's ...
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Acacia's chief executive Brad Gordon said last week that it would be forced to close its flagship Bulyanhulu mine in Tanzania at a cost of $30m if the row with the …
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Acacia Mining is losing more than $1 million in revenue each day at two mines in Tanzania because of the country's ban on exports of gold and copper concentrates, the London-listed company said on ...
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Tanzanian authorities have charged three of Acacia Mining's <ACAA.L> local subsidiaries, an employee and a former staffer for money laundering and tax evasion, the gold miner said on Wednesday.
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Three employees of Acacia Mining, a former Barrick Gold unit, have been released from jail in Tanzania after paying 1.5 billion Tanzanian shillings ($649,632) in compensation for tax evasion, a ...
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Update: Acacia Mining plc – Situation in Tanzania and Review of Acacia Mine Plans – June 18, 2019.
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Embattled Acacia Mining (LON:ACA) is facing fresh hurdles in Tanzania as the government has ordered it to stop using a waste storage facility at North Mara, its largest gold mine and the only one ...
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In what puts an end to years of legal and environmental tussle with the government, multinational mining company Barrick Gold Corporation has completed the takeover of the embattled Acacia Mining …
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As the largest investor and employer in Tanzania's mining industry, Acacia indicated a 50 percent impact on the production gold and copper concentrate throughout …
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Acacia Mining (formerly African Barrick Gold plc) is a gold mining business operating in Tanzania, with exploration properties in Kenya, Burkina Faso and Mali. It is listed on the London Stock Exchange and the Dar es Salaam Stock Exchange under the ticker ACA, and is a constituent of the FTSE 250 Index. Acacia's majority shareholder is ...
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Bulyanhulu is situated in north-west Tanzania, in the Kahama district of the Shinyanga region, approximately 55 kilometres south of Lake Victoria and 150 kilometres southwest of the city of Mwanza. Bulyanhulu is a narrow-vein gold mine containing gold, silver and copper mineralisation in sulphides. The mineralisation of Bulyanhulu is associated ...
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25 July 2017. Acacia Mining. Gold miner Acacia has been hit with a demand for $190bn in unpaid taxes to Tanzanian authorities in a row it has called "inaccurate and unexplainable". The demand ...
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Acacia Mining owns and operates Tanzania's three major mines — Bulyanhulu, Buzwagi and North Mara. The African nation is the continent's third-largest gold producer. Share
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Acacia Mining plc. Acacia Mining plc (LSE:ACA), formerly African Barrick Gold, is Tanzania's largest gold miner and one of the largest producers of gold in Africa. We have three producing mines, all located in north-west Tanzania: Bulyanhulu, Buzwagi, and North Mara and a portfolio of exploration projects in Tanzania, Kenya, Burkina Faso and ...
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Photograph — Financial Times. In what puts an end to years of legal and environmental tussle with the government, multinational mining company Barrick Gold Corporation has completed the takeover of the …
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Barrick Gold Corporation, the largest and majority shareholder of Acacia Mining, announced on February 20th 2019 it has arrived at a proposal with the Government of Tanzania have that sets forth the commercial terms to resolve outstanding disputes concerning Acacia Mining's operations in Tanzania.
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Tanzania's National Environment Management Council (NEMC) has fined London-based miner Acacia Mining TZS5.6bn ($2.4m) due to pollution from the company's North Mara gold mine. The fine, over alleged failures of the mine's tailings storage facility, is the latest in a series of disputes between the company, a subsidiary of Barrick Gold ...
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Acacia Mining's (formerly African Barrick Gold) North Mara mine in Tanzania where villagers were killed and injured at an incident involving police and security guards in 2008.
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Acacia is Tanzania's largest gold producer with three mines – Bulyanhulu, Buzwagi and North Mara. Mining contributes 3.5% to the gross domestic product of Tanzania, which is Africa's fourth ...
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Acacia Mining, the former Barrick Gold's subsidiary in Tanzania, spent as much as US$1.2 million annually to pay officials from Tanzania's security organs in a possible breach of the company's anti-corruption policies. Barrick Gold, one of the world's leading gold and copper mining companies, acquired Acacia in 2019, following months …
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Tanzanian authorities have charged three of Acacia Mining's local subsidiaries, an employee and a former staffer for money laundering and tax evasion, the gold miner said on Wednesday.
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The latest deal comes after a longstanding dispute between Acacia Mining, which is 63.9% owned by Barrick Gold, and Tanzania President John Magufuli, who claimed that the company owed $190bn in unpaid taxes. Tanzania shut down the company's rights to export gold ore concentrate in March 2017. Furthermore, Acacia …
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