Tanzania said on Thursday
it was revoking licenses from some exchange bureaus in the
commercial capital Dar es Salaam, a day after the government
banned a newspaper for using unofficial data on exchange rates....
Canadian miner Barrick Gold
outlined on Wednesday details of a deal it reached with the
government of Tanzania to settle its disputes with Acacia Mining
, including a $300 million payment to resolve tax claims
in the country....
Canadian miner Barrick Gold on
Wednesday outlined a plan to settle disputes between its Acacia
Mining unit and Tanzania's government, which includes a
$300 million payment to resolve tax claims in the East African
Barrick Gold Corp on Wednesday
outlined a proposal to settle disputes between its Acacia Mining
unit and Tanzania's government, that includes a $300
million payment by the Canadian miner to settle tax claims....
Acacia Mining said on Thursday
the Tanzanian government has fined the miner 300 million
Tanzanian shillings ($129,143), two days after the government
appointed a new mining minister, over allegations of breaching
environmental regulations at its ...
Tanzania named a new mining
minister on Tuesday amid a prolonged spat between the government
and gold producer Acacia over a $190 billion tax bill, which has
severely limited the London-listed company's operations in the
East African nation....
The new Barrick Gold Corp
is considering options for its stake in Acacia
Mining PLC including possible sale, as Barrick works to
end a nearly two-year-long tax dispute in Tanzania that has
effectively shuttered operations there, Chief Executive O...