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Acacia updates on Tanzania export ban

14 June 2017 13:21

Acacia says it has noted the press release issued by the Office of the President of Tanzania earlier today following a meeting between President of Tanzania H.E. Dr. John P. Magufuli and John Thornton, the Executive Chairman of Barrick Gold Corporation, Acacia's majority shareholder.

The Company said the release states that Barrick and the Government of Tanzania have agreed to enter into discussions in order to reach a mutually acceptable solution to the issues relating to the ban on the export of gold/copper concentrates as well as the future framework for Acacia's operations in Tanzania.

At 1:21pm: (LON:ACA) Acacia Mining Plc share price was +18.95p at 291.25p

Story provided by StockMarketWire.com

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