Acacia Boss Is Getting Frustrated Waiting for Barrick Solution
It’s been a year since Acacia Mining Plc’s majority shareholder started talks on its behalf to end a standoff with the Tanzanian government and interim Chief Executive Officer Peter Geleta is getting frustrated. Barrick Gold Corp., which owns about 64 percent of London-based Acacia, last month withdrew a timetable to resolve the dispute with Tanzania, after previously indicating it would have a detailed proposal ready by mid-year.