Acacia said it has noted today’s press release from the Ministry of Energy and Minerals regarding a ban on exports of gold/copper concentrate following a directive made by the President of the United Republic of Tanzania.
The Company said in 2016 gold/copper concentrate amounted to approximately 30% of group revenues.
Acacia has ceased exports of gold/copper concentrate and is urgently seeking further clarification from the Ministry of Energy and Minerals.
At 2:31pm: (LON:ACA) Acacia Mining Plc share price was -23.5p at 509.5p
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