Barrick says Acacia’s mine plans need changes

(Reuters) – Barrick Gold Corp, the world's No. 2 gold digger, said on Wednesday a few suppositions made by Acacia Mining about its mine arrangements were not supportable and required alterations.

Acacia Mining had on Monday unequivocally couldn't help contradicting greater part investor Barrick Gold's valuation of the organization, saying Barrick's proposition underestimated its life of mine arrangements and seems to have overlooked the estimation of its investigation and improvement resources.

Barrick's proposition to assume full responsibility for Acacia to determine a long-standing assessment question with Tanzania has gotten under the skin of Acacia's minority investors, who may have a definitive vote on an arrangement.

Tread Started by: Christian Uriel On 1:22pm Jun 26