Tanzania: Govt, Barrick Negotiations to Commence Next Week

Dar es Salaam — Barrick Gold Corporation, the biggest shareholder of Acacia Mining, will next week start negotiations with the government of Tanzania to resolve a tax dispute and a ban on exports of metallic mineral concentrates.

The company hinted in its second quarter results released on Wednesday this week that direct negotiations would start in the coming week to seek a resolution in the best interests of all parties - the government of Tanzania, Barrick and Acacia.

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