Acacia Mining woes intensify

Acacia Mining woes intensify

The political crisis engulfing Acacia Mining (ACA) just got worse. In a televised press conference last week, Tanzanian president John Magufuli said that an investigation showed the gold miner had under-reported or failed to declare the precious metals in its concentrate shipments. The news follows March's ban on the export of gold and copper concentrate, which the Tanzanian government said would encourage beneficiation within the country.

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