CAPITAL MARKETS

Barrick deals with Tanzania, but what about Acacia?

Barrick Gold (CN:ABX) may have taken the first step in resolving its dispute with the Tanzanian government, but questions surround the deal, particularly with subsidiary Acacia Mining (LN:ACA) yet to agree to it.

Cameron French in Toronto
Barrick has taken the first step in resolving a dispute with the Tanzanian government

Barrick has taken the first step in resolving a dispute with the Tanzanian government

  Shares in Acacia rose more than 15% after news of the deal, which calls for a 50/50 split of "economic benefits" with Tanzania, part of which will be achieved by ceding a 16% free carried interest...

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