Tanzania says Acacia won’t be allowed any role in country

Tanzania will no longer allow Acacia Mining to manage its mines in the country and will only work with the company’s parent, Barrick Gold, to resolve the two-year impasse that has stymied operations, a government spokesman said.

“We will no longer work with Acacia,” Hassan Abbasi said Tuesday by phone. “Under no circumstances can Acacia be a party to the agreements, or have any role in the operation or management of the Barrick mining subsidiaries in Tanzania. The ball is now in Barrick’s court.”