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  • Villagers invade Acacia's North Mara mine in Tanzania

    5· Hundreds of villagers near the North Mara gold mine in Tanzania invaded the mine for several days last week in an attempt to steal gold ore. Acacia Mining is Tanzanias biggest gold producer and operates three major

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  • Buckreef Gold Mine Re Development Project

    Buckreef Gold Mine Re Development Project The Buckreef Gold Mine Re Development Project was acquired from the Tanzanian State Mining Company (Stamico) in December 2010. Under a Heads of Agreement concluded with the

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    Barrick Comments on Proposed Framework for Acacia Mining

    9· Barrick Comments on Proposed Framework for Acacia Mining plc Operations in Tanzania PDFAll amounts expressed in U.S. dollars TORONTO, October 19, 2017 Barrick Gold Corporation (NYSE:ABX)(TSX:ABX

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    Commodity Market NewsSeeking Alpha

    Gold prices break above $1300/oz and are on track for their best year since 2010 on a weak dollar and slump in US Treasury yields. Gold may face pressure next year owing to a rebound in currency, gain in yields and Fed

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    Acacia within reach of output guidance despite Bulyanhulu woes

    2· Acacia will provide more details regarding its third quarter performance on October 20. The firms 64% shareholder, Barrick Gold, also provided production numbers today but did not disclose any details regarding the tenor

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    Barrick Reports Third Quarter 2017 Results

    5· Gold Third Quarter 2017 Current 2017 Guidance Original 2017 Guidance Production 8 (000s of ounces) 1.243 5.300 5.500 5.600 5.900* Cost of sales applicable to gold 3 ($ per ounce) 820 790 810 780 820 All in

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    Tanzania accuses Acacia of cheating taxes in fresh blow

    2· S hares in gold miner Acacia Mining tumbled once again after the government of Tanzania accused it of tax evasion stretching back years. The FTSE 250 company noted the disappointing findings of a second

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    Acacia set to close loss making mine as Tanzania export

    7· A round 45pc of Bulyanhulus output is gold concentrate, and the losses from stockpiling production cannot be offset by sales of gold bars. Acacias Buzwagi and North Mara mines will remain operational for now. Some

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