Acacia Mining PLC (ACAA.L)
15 Dec 2017
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
Oct 26 Britain's FTSE 100 index is seen opening up 16 points at 7,463.5 on Thursday, according to financial bookmakers, with futures up 0.2 percent ahead of the cash market open.
Oct 26 Britain's FTSE 100 index is seen opening up 16 points at 7,463.5 on Thursday, according to financial bookmakers. * GLAXOSMITHKLINE: The committee responsible for U.S. vaccination schedules has given a preferential recommendation to GlaxoSmithKline's newly approved shingles vaccine Shingrix over Merck & Co's established product Zostavax. * GSK/RB: Pfizer to kick off auction process for its consumer healthcare business in November, paving the way for a potentia
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday. - - - - - EVENTS: *Kenya holds fresh presidential elections after Supreme Court nullified August vote GLOBAL MARKETS Asian stocks barely changed on Thursday, capped as Wall Street shares pulled back from record highs, while the euro stretched gains ahead of a European Central Bank meeting that could take a major step away
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.