Tanzania’s Mining Giant Acacia to Lay Off Workers – Report
Acacia Mining is laying off about 100 people before the end of this year. That is happening at a time when the company is planning to close down its Buzwagi Gold Mine. An internal memo, released on May 15 (a copy of which The Citizen has obtained), quotes Buzwagi Gold Mine general manager Stewart Hamilton […]
Glencore, Barrick Gold Considering Selling Tanzania Nickel Project
Mining giants Glencore PLC and Barrick Gold Corp. are looking to sell a joint nickel development project in Tanzania, according to people familiar with the matter, in a sales process that may struggle amid volatility in the pricing of this metal. The two mining giants each own half of the Kabanga nickel project in northwest […]
