3rd Jan 2019 11:13
LONDON (Alliance News) - Barrick Gold Corp, recently expanded by the acquisition of previously UK-listed Randgold Resources PLC, is considering several options for its majority holding in Acacia Mining PLC, Reuters reported Thursday.
Barrick, whose shares began trading in New York and Toronto on Wednesday following its merger with Randgold, has a 64% stake in London-listed Acacia.
Acacia has been locked in a tax disagreement with the Tanzanian government for almost two years, and Barrick is, among other options, considering selling the stake, Reuters said.
https://uk.reuters.com/article/us-barrick-gold-randgold-trading/new-barrick-eyes-several-options-to-end-tanzania-tax-dispute-ceo-idUKKCN1OW1PE
Related Shares:
ACA.L