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Situation in Tanzania escalates

BARRICK Gold subsidiary Acacia Mining is escalating its disputes with the Tanzanian government to arbitration, as uncertainty remains about the impacts of proposed new mining laws.

Kristie Batten
Acacia Mining is unlikely to be held back further by issues at its Buly operation in Tanzania

Acacia Mining is unlikely to be held back further by issues at its Buly operation in Tanzania

The London-listed company reported overnight that notices of arbitration had been served on behalf of the subsidiaries that operate its three Tanzanian gold mines. Acacia said the move was in accordance...

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