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    • Barrick No Timetable For AcaciaTanzania Tax

      Tanzania is looking to gain more revenues from mining in the country and last year hit its biggest miner, Acacia, a $190 billion bill for unpaid taxes, penalties and interest, according to a Reuters report.

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    • Acacia Mining's Tanzania tax dispute drags on Kenya

      Acacia Mining said on Monday its majority shareholder Barrick Gold would not provide a new deadline for the completion of talks to end a crippling dispute over taxes in Tanzania after failing to meet a midyear target to do so. Barrick, which is negotiating on Acacias behalf with the Tanzanian government, had previously said it

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    • Acacia Mining's Tanzania tax dispute drags on cnbc

      LONDON, June 25 Acacia Mining said on Monday its majority shareholder Barrick Gold would not provide a new deadline for the completion of talks to end a crippling dispute over taxes in Tanzania after failing to meet a midyear target to do so.

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    • Tanzania Activists want justice for victims of alleged

      Tanzania Activists want justice for victims of alleged human rights abuses at Acacia's mine included in govt.'s framework agreement with parent Barrick Gold; company responds Human rights advocacy organisations have urged the govt. to address human rights abuses allegedly committed at Acacia's North Mara mine, as part of the framework

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    • Acacia Mining searches for chairman as Dushnisky

      Acacia Mining (LONACA), the Tanzanian lead producer dealing with an ongoing dispute with the countrys president, is losing its chairman. Kelvin Dushnisky, who leaves Acacia and its parent company Barrick Gold (TSX, NYSEABX), will become South Africas AngloGold Ashanti (JSEANG) (NYSEAU) new boss.

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    • Barrick Gold's Tanzania deal may set expensive precedent

      Barrick, which owns 63.9 percent of Acacia, reached a framework deal last week with Tanzania under which Acacia would hand the state a 16 percent stake in each of its three incountry mines, part of the economic benefits, including taxes and royalties, that would go to the government. Acacia would also pay the government $300 million.

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    • Acacia Mining reports fall in H1 earnings as costs rise

      Tanzania, where Acacia has all of its operating mines, has introduced sweeping changes to its mining industry including banning the export of raw minerals and introducing laws to reap more revenue from the sector.

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    • Tanzania, Acacia Mining agree on 5050 revenue share deal

      The government and UK's Barrick Gold Corporation on Thursday reached a landmark deal that will ensure that economic benefits generated by Acacia Minings operations in the country are shared between the two parties on a 50/50 basis.

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    • Acacia Mining parent agrees deal with Tanzania government

      Acacia Mining parent agrees deal with Tanzania government 19 October 2017 (ShareCast News) Acacia Mining parent Barrick Gold has agreed for the Tanzanian government to take a 16% stake in the Londonlisted company's three mines in the country and to share revenues, which looks like resolving a monthslong dispute.

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    • Barrick Gold Resolves Dispute With Tanzania, Strikes

      The Torontobased mining company also said its majority controlled Acacia Mining PLC has struck a framework for a new partnership that will hand the African government 50% of the economic benefits

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    • Deo Mwanyika announced to leave Acacia Mining Dailynews

      Acacia Mining, which owns and operates three major mines in Tanzania Bulyanhulu, Buzwagi and North Mara, is involved in tax dispute with the government which is

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    • Barrick Strikes $300 Million Deal With Tanzania in Acacia

      (Bloomberg) It took a day, but Barrick Gold Corp.s tentative deal with Tanzanias government to end a tax dispute at its African subsidiary is becoming clearer. In a press conference and two statements, the worlds largest lead producer revealed that Acacia Mining Plc would pay Tanzania

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    • Barrick wont set deadline for end of Acacia tax dispute

      Acacia Mining said on Monday its majority shareholder Barrick Gold would not provide a new deadline for the completion of talks to end a crippling dispute over taxes in Tanzania

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    • Mining Jobs in Tanzania Part 6

      Acacia Mining seeks to employ a Chief Geologist based in Tanzania. This role reports to the Chief Operating Officer and the role holder will be accountable to provide leadership, technical advice, mentoring and operational support that delivers best practice and improves performance in the mine geological and resource estimation functions and

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    • UPDATE 3AcaciaTanzania proposed settlement on track

      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

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    • BarrickBrokered Tanzania Pact Leaves Acacia in the

      BarrickBrokered Tanzania Pact Leaves Acacia Mining in the Dark. BarrickBrokered Tanzania Pact Leaves Acacia Mining in the Dark. more detail and clarity on the framework is still required,quot; Andrew Kaip

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    • Barrick Gold Provides Update on Discussions with

      RealTime News, Market Data and Stock Quotes For Junior Mining Stocks. Barrick Gold Provides Update on Discussions with Government of Tanzania Junior Mining Network Dashboard

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    • Acacia Mining's Tanzania tax dispute drags on Kenya

      Barrick, which owns 63.9 percent of Acacia, struck a framework deal in October with Tanzania that was supposed to resolve the tax dispute. It would see Acacia pay $300 million to the government, hand over a 16 percent stake in its mines and split economic benefits from operations.

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    • BarrickBrokered Tanzania Pact Leaves Acacia in the Dark

      Tanzania banned exports of unprocessed lead in March and hit Acacia with a $190 billion tax bill in July, claiming the company had underdeclared export revenue since 2000. The ban meant the Londonbased company was forced to stockpile output and curb mining at its flagship operation.

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    • UPDATE 3AcaciaTanzania proposed settlement on

      UPDATE 3AcaciaTanzania proposed settlement on track Barrick. UPDATE 3AcaciaTanzania proposed settlement on track Barrick. Make Kitco Your Homepage. Premium; Login. 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

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    • Tanzanias Formalization of Artisanal and Smallscale

      Tanzanias Formalization of Artisanal and Smallscale Mining. In Changing Planet Tags Saleem Ali May 11, 2017 4 Comments Saleem Ali. Vast savanna landscapes of Tanzania are fertile ground for many minerals. Photograph by Thabit Jacob (A subsidiary of Acacia Mining) and return the mining block to 5,000 artisanal miners.

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    • Update on Discussions with Government of Tanzania

      Barrick Gold Corporation (NYSEABX)(TSXABX) (Barrick or the Company) today provided an update on ongoing discussions with the Government of Tanzania concerning the proposed framework for Acacia Mining plcs (Acacia) operations in Tanzania. Discussions between the Government of Tanzania and Barrick are constructive.

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    • Barrick Gold, Tanzania reach partnership deal MarketWatch

      Acacia disputed the claim. The aggressive actions by Tanzania President John Magufuli, who earlier this year declared an quot;economic warquot; on foreign miners, prompted some companies to cease or scale back mining operations in the country.

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    • UPDATE 3AcaciaTanzania proposed settlement on track

      UPDATE 3AcaciaTanzania proposed settlement on track Barrick. UPDATE 3AcaciaTanzania proposed settlement on track Barrick. Make Kitco Your Homepage. Premium; Login. 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

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    • Tanzania's John Magufuli gets Barrick Gold and Acacia

      The deal is to ensure Acacias operations quot;generate sustainable benefits and mutual News, videos, ideas, and obsessions from the new global economy Tanzanias squeeze on mining firms

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    • Barrick/Acacia Tax Row with Tanzania See Progress

      Barrick Gold Corporation (NYSEABX)(TSXABX), the main shareholder (63.9%) of Acacia Mining (LSEACA) (DSEACA) Tanzanias largest lead mining company has just published an update on ongoing discussions with the Government of Tanzania (GoT) concerning the proposed framework for Acacia Minings operations in Tanzania.

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    • Barrick and Tanzania Reach Agreement Over Acacia Tax Row

      Barrick, the main shareholder of Acacia Mining has reached an agreement with the Tanzanian government in relation to the ongoing tax dispute.

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    • Barrick wont set deadline for end of Acacia tax dispute

      Acacia Mining said on Monday its majority shareholder Barrick Gold would not provide a new deadline for the completion of talks to end a crippling dispute over taxes in Tanzania after failing to

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    • Telegraph Investor Acacia Mining (ACA) News

      Acacia Mining has noted that Barrick Gold reported its Q3 results last night and welcomed the further detail provided with respect to the proposed framework agreed between Barrick and the government of Tanzania.

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    • Tanzania Acacia Mining

      Tanzania has an established legal and regulatory framework for mining companies, as well as a history of stable and democraticallyelected governments. Economy Tanzanias economy is largely based on agriculture, but the country also has significant quantities of natural resources.

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