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North Mara Gold Mine
Barrick Gold has paid the first tranche of the $300 million settlement it agreed with the Tanzanian government to resolve inheritated disputes.
Acacia Mining has announced a rebound in gold production and performance at the start of Q2 to 47,805 ounces for the month.
Gold production for the quarter of 104,899 ounces was 13% below the prior year period mainly due to lower production at North Mara and Buzwagi.
Acacia Mining advises that a current and a former employee of its Tanzanian businesses, together with three of the Group’s Tanzanian companies, have been charged.