Andrew Mushi
JF-Expert Member
- Dec 13, 2016
- 630
- 696
Niliyasema hapa, share ilipokua ina hit the rock bottom
Shares in London-listed Acacia Mining rocketed up more than 20 per cent after the troubled miner's parent company struck a long-awaited agreement with the government of Tanzania.
Barrick Gold agreed that Tanzania would take a 16 per cent stake in three gold mines operated by Acacia.
Shares in the firm shot up 20.49 per cent to 219.9p after the announcement was made.
At a news conference in Tanzania, Barrick chairman John Thornton said the firm agreed to pay Tanzania $300m as a show of good faith, Reuters reported.
The company and the government had been in talks for months working to resolve a dispute over an export ban which has sent Acacia's shares spiralling since March.
Naamini kabisa haya mazungumzo yana tija kwa pande zote zilizohusika na hata zile zilizowekwa pembeni.
Shares in Acacia Mining surge after Barrick Gold and Tanzania strike a deal
I provide my analysis and I bet on my chip,
And now it is high time to cash in the price has gone up and up!
How much did you make it today? Please comment and share
Beyond my expectations
Just in It is gone up again within hours by over 10% just today
Shares in London-listed Acacia Mining rocketed up more than 20 per cent after the troubled miner's parent company struck a long-awaited agreement with the government of Tanzania.
Barrick Gold agreed that Tanzania would take a 16 per cent stake in three gold mines operated by Acacia.
Shares in the firm shot up 20.49 per cent to 219.9p after the announcement was made.
At a news conference in Tanzania, Barrick chairman John Thornton said the firm agreed to pay Tanzania $300m as a show of good faith, Reuters reported.
The company and the government had been in talks for months working to resolve a dispute over an export ban which has sent Acacia's shares spiralling since March.
Naamini kabisa haya mazungumzo yana tija kwa pande zote zilizohusika na hata zile zilizowekwa pembeni.
Shares in Acacia Mining surge after Barrick Gold and Tanzania strike a deal
I provide my analysis and I bet on my chip,
And now it is high time to cash in the price has gone up and up!
How much did you make it today? Please comment and share
Beyond my expectations
Just in It is gone up again within hours by over 10% just today