Browsing: Gold Mine

Tanzania has recently lifted its halt on Acacia Mining exporting its gold which was issued on March 3rd 2017.

The leading African gold miner with over 15 years, faced the suspension after Government of Tanzania took a keen eye on its mining operation in North Mara, located in the northern part of Tanzania.

Acacia published a press release on August 9th documenting the good news relayed by the Mining Commission of Tanzania.

“Acacia notes that today it’s North Mara Gold Mine has received a letter from the Mining Commission of the Tanzanian Ministry of Minerals (the “Mining Commission”) authorizing the Company to resume gold exports from North Mara subject to its adherence to the export procedure. The letter follows an investigation which the Mining Commission conducted at the mine on 30 and 31 July 2019 and an earlier letter dated 12 July 2019 from the Mining Commission which …