Tanzania: Acacia Sticks to 2017 Output Forecast

Acacia Mining's production of gold from Tanzania has been hit by an export ban of mineral concentrates but targets for the year remain unchanged at this stage, Chief Executive Brad Gordon said yesterday.

The government and Acacia's majority owner Barrick Gold agreed on Wednesday to begin talks over a ban in effect since March that has blocked the shipment of concentrates from two of Acacia's three gold mines.

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