Tanzania seems to have won the first round of its dispute with Acacia Mining after the company agreed to hold discussions with the government on the construction of a smelting plant.
But the two sides issued conflicting statements on the status of the repayments of under-declared exports, after a meeting between President John Magufuli and John Thornton, chairman of Canadian firm Barrick Gold Corp, which owns 63.9 per cent stake in Acacia Mining Plc.