Tanzania
Current and comprehensive mining and industrial, market data and investing news in Tanzania.
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Gold & Silver
Tanzania’s gold exports rise 23% in year to July
Tanzania’s gold exports rose 23% in the year to July, its central bank said on Thursday. Africa’s fourth-biggest gold producer…
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Oil & Gas
Total suspends planned $3.5 billion Uganda-Tanzania oil pipe
Total SA has suspended its planned $3.5 billion crude export pipeline from Uganda to Tanzania after the collapse of a deal to buy…
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Business
Barrick and Acacia reach buyout deal, ending long standoff
For the past two years, Acacia Mining Plc has faced deteriorating relationships with its largest shareholder, Barrick Gold Corp. and the…
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Current News
Acacia seeks stay of international arbitration against Tanzania
Tanzania’s Acacia Mining on Wednesday said it was seeking a stay of international arbitration proceedings, days before a hearing was…
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Business
Acacia says valuation higher than Barrick buyout offer, extends bid deadline
Tanzania’s largest gold miner Acacia Mining Plc said on Tuesday it is worth more than a buyout proposal by majority…
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Business
Acacia fires off 5,000-word rebuttal to Barrick Gold’s claims
Barrick Gold Corp.’s troubled African unit, Acacia Mining Plc, posted an almost 5,000 word rebuttal to claims from its parent amid…
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Business
Tanzania targets big increase in mineral revenue
Tanzania intends to collect 470.9 billion shillings ($205.5 million) from minerals in 2019-20, compared with a projected income of 310.6 billion…
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Business
Barrick to force Acacia takeover
Barrick Gold Corporation is to force a takeover of its Tanzania subsidiary, Acacia, to rescue the deal it has negotiated…
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