ng'ombo
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- Dec 1, 2014
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Tanzania gold producer Acacia Mining will have to review it's mining operations if the government's ban on gold and copper ore exports remains in place, senior executive said on Thursday.
Shares in Acacia, which is majority owned by Barrick Gold, briefly touched a six -week low paring losses by 3.7 percent down after it said first quater core profits rose 25 percent to $ 82 Million ( R 1.07 Billion) but cash flow was reduced by $ 36 Million in part due to the ban.
Source: Reuters