Tanzania unaware of Acacia, Endeavour mining merger
The Acacia North Mara Gold Mining site. A merger with Endeavour would create one of the biggest mining companies in Africa specialising in precious minerals. PHOTO | FILE
Tanzania has said it is yet to be notified of the merger between local miner Acacia and Endeavour Mining Corporation, which is partly owned by Egyptian tycoon Naguib Sawiris.
The merger would create one of the biggest mining companies in Africa specialising in precious minerals.