Acacia Mining admits in talks with Chinese over potential sale of Tanzania assets

Cecilia Jamasmie | Feb. 16, 2018, 10:05 AM | Acacia Mining is Tanzania’s biggest gold producer and operates three major mines in the country — Bulyanhulu, Buzwagi and North Mara (pictured). (Image courtesy of Acacia Mining.) Acacia Mining (LON:ACA), Tanzania’s No.1 bullion producer, which has been hit hard by a long-running dispute with the government of […]

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Barrick favors taking back control of Acacia Mining

Bloomberg News | Oct. 23, 2018, 11:32 AM | Barrick Gold Corp. favors taking back control of its separately listed Tanzanian assets after completing its takeover of Africa-focused rival Randgold Resources Ltd., according to people familiar with the situation. Barrick spun off those assets in 2010 into a company now called Acacia Mining Plc. That unit — […]

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Pamoja Issue 24

Pamoja Issue 24 The Tanzania Chamber of Minerals and Energy (TCME) has elected Ambassador (Rtd.) Ami Mpungwe as its Chairman with immediate effect. The re-election of Ambassador Mpungwe to this leadership role represents a move by the Chamber to further its commitment to proactive engagement of stakeholders and the general public on matters of mutual […]

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Pamoja Issue 22

Pamoja Issue 22 In February, delegates from the East African Community (EAC) member states and senior representatives of industry companies gathered in Arusha for the 6th annual EAPCE conference to discuss the current state and the future of the region’s nascent energy sector. Tanzania’s Prime Minister Mizengo Pinda spoke on behalf of President Jakaya Kikwete […]

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Pamoja Issue 21

Pamoja Issue 21 The release of the new National Natural Gas Policy of Tanzania in October 2013 has been received with mixed reviews. Certain segments of the media have heaped praise on it for its attempts to make sure the country benefits from the natural resource. Meanwhile, elements of the private sector, some academics and […]

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Pamoja Issue 19

Pamoja Issue 19 The Tanzania, Mining, Energy, Power and Infrastructure Indaba 2013 theme focused on increasing local content and indigenous participation in the mining, energy/oil & gas and infrastructure sectors and delivering the critical insights and business networks for you to navigate a fast changing mining and energy investment landscape.   http://www.tcme.or.tz/uploads/PAMOJA-Newsletter_19.pdf

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Pamoja Issue 18

Pamoja Issue 18 The Tanzanian Chamber of Minerals and Energy (TCME) supports the important research undertaken by Human Rights Watch. Our members see daily the negative effects of illegal small-scale mining operations, we are pleased to see such detailed research into the activities of these individuals. Human Rights Watch released a report titled “Toxic Toil: […]

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