{"id":203,"date":"2017-06-14T16:07:32","date_gmt":"2017-06-14T13:07:32","guid":{"rendered":"https:\/\/www.muhunda.co.tz\/?p=203"},"modified":"2017-06-14T16:21:44","modified_gmt":"2017-06-14T13:21:44","slug":"barrick-agrees-to-pay-money-owed-to-government","status":"publish","type":"post","link":"https:\/\/www.muhunda.co.tz\/?p=203","title":{"rendered":"Barrick Agrees to Pay Money Owed to Government"},"content":{"rendered":"<div class=\"lede-large-content lede\">\n<div class=\"lede-large-content__wrapper\">\n<div>Barrick Gold Corp. Chairman John Thornton met Tanzanian President John Magufuli on Wednesday and said his company is willing to pay money owed to the East African nation.<\/div>\n<div><\/div>\n<div>Shares in subsidiary Acacia Mining Plc surged as much as 11 percent.<\/div>\n<\/div>\n<\/div>\n<div class=\"body-copy\">\n<p>\u201cThornton said his company is ready to hold talks with Tanzania that will consider the interests of both sides and is ready to pay all the money it\u2019s expected to pay Tanzania,\u201d Magufuli\u2019s office said in an emailed statement from Dar es Salaam, the commercial capital.<\/p>\n<p>The meeting took place two days after the Tanzanian leader accused Acacia Mining of operating illegally and demanded it pay unpaid taxes. The accusation came after a committee carried out an <a title=\"Tanzanian Government Accuses Acacia of Mining Gold Illegally (3)\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-06-12\/tanzanian-government-accuses-acacia-of-mining-gold-illegally\" target=\"_blank\" rel=\"noopener\">audit<\/a> of the country\u2019s mineral exports over the past 19 years.<\/p>\n<p>Barrick, which owns 64 percent of Acacia, will help Tanzania build a smelter, according to the presidency\u2019s statement.<\/p>\n<p>Giles Blackham, a spokesman for Acacia Mining, didn\u2019t immediately respond to an emailed request for comment.<\/p>\n<p><time class=\"article-timestamp\" datetime=\"2017-06-14T12:04:57.979Z\" data-type=\"updated\" data-status=\"localized\">Helen Nyambura-Mwaura, \u00a0 Bloomberg \u00a0 \u00a0 June 14, 2017.<\/time><\/p>\n<p><a href=\"https:\/\/www.digitallook.com\/news\/news-and-announcements\/acacia-mining-parent-agrees-to-repay-losses-to-tanzania--2721815.html\">More on Barrick\/Acacia<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Barrick Gold Corp. Chairman John Thornton met Tanzanian President John Magufuli on Wednesday and said his company is willing to pay money owed to the East African nation. Shares in subsidiary Acacia Mining Plc surged as much as 11 percent. \u201cThornton said his company is ready to hold talks with Tanzania that will consider the &hellip; <a href=\"https:\/\/www.muhunda.co.tz\/?p=203\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Barrick Agrees to Pay Money Owed to Government<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-203","post","type-post","status-publish","format-standard","hentry","category-dse-stocks-bonds"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.muhunda.co.tz\/index.php?rest_route=\/wp\/v2\/posts\/203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.muhunda.co.tz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.muhunda.co.tz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.muhunda.co.tz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.muhunda.co.tz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=203"}],"version-history":[{"count":0,"href":"https:\/\/www.muhunda.co.tz\/index.php?rest_route=\/wp\/v2\/posts\/203\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.muhunda.co.tz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.muhunda.co.tz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.muhunda.co.tz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}