Category: Acacia Mining

Losses pile up for subsidiary of Barrick Gold following tax row with Tanzanian government

Acacia Mining, the African subsidiary of Canada’s Barrick Gold, is losing more than US$1 million in daily revenue after Tanzania has extended a ban on the export of gold concentrate.

Endeavour, Acacia Mining in talks over possible merger

Mining’s mergers and acquisitions (M&A) marketplace may be on the verge of heating up with West African-focussed gold companies Endeavour Mining and Acacia Mining considering a merger.