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Tanzania: Searchlight On Barrick As Govt Seeks Fair Share of Mining Sector Revenues
Daily News, 1 August 2017
FINALLY, the special team formed by President John Magufuli is down to business as it started, yesterday, discussions with officials from Barrick Gold, the parent company of Acacia… Read more »
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Tanzania: Iraq War Veteran Leads Barrick Team
Citizen, 1 August 2017
Barrick Gold Corporation has sent Mr Richard Williams, a soldier, who led elite Special Forces units in combat missions in Iraq, Afghanistan and the Balkans, to lead its… Read more »
Tanzania, Mining Company Begin Talks on Tax Dispute
The government has started talks with Barrick Gold, the majority shareholders of Acacia Mining, to resolve the tax dispute and a ban on export of metallic mineral concentrates. Tanzania's team is led by Minister of Constitutional and Legal Affairs Professor Palamagamba Kabudi, while the Barrick team is led by its Chief Executive Officer Richard Williams.
Minister for Justice and Constitutional Affairs, Professor Palamagamba Kabudi, welcomes Barrick Gold Corporation negotiations team members to the State House in Dar es Salaam.
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Tanzania: Acacia Shares At DSE Tumble
Daily News, 31 July 2017
ACACIA Mining shares at the Dar es Salaam Exchange plummeted towards the end of last week as its parent company prepares to meet the government to settle a long-standing dispute… Read more »
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Tanzania: Govt Starts Negotiations With Barrick Over Tax Dispute
Citizen, 31 July 2017
The government has started talks with Barrick Gold Corporation, the majority shareholders of Acacia Mining to resolve tax dispute and a ban on export of metallic mineral… Read more »
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Tanzania: Govt, Barrick Negotiations to Commence Next Week
Citizen, 28 July 2017
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… Read more »
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Tanzania: All Bets Off As Magufuli's Resource Nationalism Moves Up a Notch
The Conversation Africa, 27 July 2017
The Tanzanian government has asked Acacia Mining, a subsidiary of the world's largest gold mining company Barrick Gold, to pay approximately USD$190 billion in revised taxes,… Read more »
InFocus
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Acacia Mining shares plunged to a three-year low after the Tanzanian government demanded that the company pay almost $190 billion (Sh424 trillion) in unpaid taxes and fines. Acacia ... Read more »
