Tanzanian gold producer Acacia Mining will have to review its mining operations if the government's ban on gold and copper ore exports remains in place, a senior executive said on Thursday.
Shares in Acacia, which is majority owned by Barrick Gold, briefly touched a six-week low, paring losses by 0900 GMT to trade down 3.7 per cent after it said first-quarter core profits rose 25 per cent to $82 million but cash flow was reduced by $36 million in part due to the ban.