Acacia Mining PLC (ACAA.L)
18 Jan 2018
Mon, Jan 15 2018
JOHANNESBURG, Jan 15 Acacia Mining said on Monday said fourth-quarter production fell by a third on the previous year due to a ban on exports of gold and copper concentrates in Tanzania.
Dec 19 Acacia Mining Plc said on Tuesday it would sell its 2 percent royalty over the Houndé Mine in Burkina Faso for $45 million to Sandstorm Gold Ltd.
* SANDSTORM GOLD ACQUIRES 2% NSR ROYALTY ON ENDEAVOUR'S HOUNDÉ GOLD MINE FROM ACACIA MINING
LONDON Acacia Mining's top two executives have resigned in the midst of talks between its parent company and the Tanzanian government aimed at ending a long-running dispute that has hit Acacia's operations.
* Shares drop on news (Updates with detail, graphic, analysts, shares)
LONDON, Nov 2 Acacia Mining said on Thursday its chief executive and chief financial officers had resigned and appointed temporary replacements in the midst of negotiations to end a long running dispute with the Tanzanian government.
VANCOUVER Barrick Gold Corp said on Wednesday it would work with the government of Tanzania to find a way for a gold export ban to be lifted on its Acacia Mining unit and was aiming for a final agreement in the first half of 2018.
* DOES NOT INTEND TO MAKE ANY CHANGES TO ITS OWN $128 MILLION PROVISION DUE TO BARRICK’S ANNOUNCEMENT OF AN AGREEMENT OF A PROPOSED FRAMEWORK
VANCOUVER Some mining investors are criticizing Barrick Gold for agreeing to Tanzanian demands in its proposed settlement of a dispute between its Acacia Mining unit and the Tanzanian government, saying this could embolden other host nations to press for bigger concessions from miners.
TORONTO/LONDON Barrick Gold said on Friday a proposed mining settlement it negotiated with Tanzania for its Acacia Mining unit was not under threat, even though Acacia said it could not immediately make a $300 million (227.43 million pounds) payment included in the deal.