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Tanzania: Acacia to Cut Activities At Bulyanhulu Mine
Citizen, 4 September 2017
Acacia Mining intends to reduce operational activities at its Bulyanhulu Mine due to a $15 million (about Sh33 billion) mismatch between expenditure and income in a month, the… Read more »
Acacia to Scale Down Operations at Flagship Ugandan Mine
Acacia Mining intends to reduce "unsustainable" operations at its Bulyanhulu Mine due to a $15 million per month mismatch between expenditure and income, the company says, blaming a ban on the export of gold and copper concentrates.
InFocus
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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. ... Read more »
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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 »
