Acacia Mining (LON:ACA)

Tanzania: Govt threatens Acacia with closing North Mara over water pollution

Posted on March 12, 2019March 12, 2019 by Mozambique Resources Post

Tanzania has given Barrick Gold-subsidiary Acacia Mining (LON:ACA) until March 30 to stop waste water pollution at its North Mara mine or face a shutdown, but the country’s No.1 gold producer said Friday a brief spill affecting the operation has already been halted.

Africa Mining: Acacia says senior manager charged in Tanzania corruption probe

Posted on October 26, 2018 by Mozambique Resources Post

Acacia Mining on Tuesday reported that a senior manager of its Tanzanian businesses had been arrested and charged by the Tanzanian Prevention and Combating of Corruption Bureau (PCCB).

Africa Mining: Tanzania anti-corruption body charges Acacia with tax evasion, money laundering

Posted on October 18, 2018 by Mozambique Resources Post

Acacia Mining (LON:ACA), Tanzania’s No.1 gold producer, confirmed Wednesday local media reports saying that one of its staff members and a former employee were detained by the country’s anticorruption authority.

Africa Mining: Acacia Mining reports $700-million yearly loss

Posted on February 13, 2018 by Mozambique Resources Post

Acacia Mining (LON:ACA), Tanzania’s No.1 bullion producer, has scrapped its 2017 dividend after a long-running dispute with the government of the East African nation cost the company $700 million in annual loss.

Africa Mining: Acacia pulls back from major gold mine in Tanzania

Posted on September 5, 2017 by Mozambique Resources Post

Acacia Mining (LON:ACA), Tanzania’s No.1 gold producer, announced Monday that it will reduce operational activity at its Bulyanhulu Gold Mine. “The decision was driven by unsustainable cash outflows at the mine due to the concentrate ban and the operating environment,” officials said in a statement.