Version 69356 Version 69357
Comment on negotiation status
Barrick acquired Pangea Goldfields Inc. in 2000.
Barrick acquired Pangea Goldfields Inc. in 2000.
Comment on implementation status
Pangea Goldfields Inc did not bring the mine into operation. The mine first came into production in 2009. The feasibility studies of the mine were completed in 2006. The development of the mine began in 2007 and was completed in 2009. The mine commenced operations in May 2009 and is expected to be shut-down in 2022. Mine will be closed in December 2017 due to fall in production.
Pangea Goldfields Inc did not bring the mine into operation. The mine first came into production in 2009. The feasibility studies of the mine were completed in 2006. The development of the mine began in 2007 and was completed in 2009. The mine commenced operations in May 2009 and is expected to be shut-down in 2022. Mine will be closed in December 2017 due to fall in production.
Comment on jobs created (total)
One source states that 1300 employees will loose their jobs once the mine closes in December 2017.
One source states that 1300 employees will loose their jobs once the mine closes in December 2017.
Overall comment
Barrick acquired Pangea Goldfields Inc. in 2000. The mine commenced operations in May 2009 and is expected to be shut-down in 2022. Acacia Mining plc., formerly African Barrick Gold plc, is a United Kingdom-based stock exchange listed company. Still part of Barrick Gold plc. Mine will be closed in December 2017 due to fall in production.
Barrick acquired Pangea Goldfields Inc. in 2000. The mine commenced operations in May 2009 and is expected to be shut-down in 2022. Acacia Mining plc., formerly African Barrick Gold plc, is a United Kingdom-based stock exchange listed company. Still part of Barrick Gold plc. Mine will be closed in December 2017 due to fall in production. The company has been accused of leaking toxic water into residential areas and rivers.
Fully updated
Yes
No

Data source #idWWzlxL

Comment on data source
Mining Weekly- Acacia aims to up 2016 production by at least 18 000 oz
Mining Weekly- Acacia aims to up 2016 production by at least 18 000 oz

Data source #6xk4Grqk

nid
unknown field
Type
Media report
Url
Keep PDF not public
No
Publication title
Acacia fined Sh5.6bn for leaking toxic water
Date
2019-05-17