Tanzania's Acacia Shares Plunge After Magufuli's Probe Report
The firm's shares have sharply dropped for the second day in a row, falling to their lowest level in more than a year after it was accused of under-reporting the amount of metal in its shipments.
Acacia Mining.
InFocus
-
A probe team formed by President John Magufuli to investigate the amount of copper and gold contained in mineral sand and its value, has revealed that the country has been losing ... Read more »
-
A probe team formed by President John Magufuli has revealed how the mining industry and some government officials have colluded to defraud government. The report has caused a ... Read more »
-
The firm has reiterated that it fully declares everything of commercial value that it produces and says that it pays all appropriate royalties and taxes on all of the payable ... Read more »