African Barrick Gold

Formerly African Barrick Gold PLC, Acacia Mining, is a mining company focused on gold prospects in East and West Africa. The company is engaged in exploration and mining operations in Tanzania, Kenya, Burkina Faso as well as Mali.

The company came into being in 2000 as a unit of Barrick Gold. The parent company divested the Unit in 2010, resulting in the listing on the London Stock Exchange under the name African Barrick Gold. The company changed its name to Acacia Mine in 2014. In 2019, Barrick Gold re-acquired the company.

Acacia Mine currently operates three mines in Northwest Tanzania, whereby it is exploring and mining gold. Its notable mines in the country are the North Mara gold mine opened in 2002 and acquired by Barrick in 2006. Bulyanhulu gold mine the deepest mine in the country acquired in 1999. Buzwagi gold mine is the company’s open-pit mine opened 2009 and the second largest.

Latest African Barrick Gold News

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