Acacia Mining North Mara export ban lifted

Acacia Mining has been told it can resume gold exports from its North Mara mine in Tanzania after receiving government clearance.

The company on Monday said it had received a letter from the Mining Commission of the Tanzanian Ministry of Minerals lifting a suspension “subject to its adherence to the export procedure”.

The ban was introduced in 2017 to keep processing activities in Tanzania. Acacia last month accepted a 232p a share offer from 64% parent Barrick Gold .