Acacia Mining contributed $ 712 million to Tanzania in 2017



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Acacia Mining, a UK-listed gold miner currently involved in a tax dispute with the Tanzanian government, announced a total contribution of $ 712 million to the economy of the United States. East Africa last year. Citing a report from E & A, the auditor, Acacia said that this demonstrated "… the significant contribution that the three mines of Acacia – North Mara, Bulyanhulu and Buzwagi – continue to make to the In 1965, goods and services purchased accounted for 67% of Acacia's total goods and services expenditures, of which about $ 120 million was purchased from the United States. businesses located in the direct locality of the three It is said that acacia trees are not allowed to export gold concentrate from its Bulyanhulu and Buzwagi mines, as a result of two presidential reports. The company owed the national tax authorities tens of billions of dollars in unpaid taxes, penalties and interest, so Acacia put Bulyanhulu on care and maintenance, North Mara produces walleye and continues to export

. litigation is currently currently being negotiated between the government and the controlling shareholders of Acacia, the Canadian company Barrick Gold.

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