Acacia Mining to lay off 100 Tanzania employees, close Buzwagi mine

A gold processing plant in Meremeta, Tanzania. FILE PHOTO | NMG

Acacia Mining is set to lay off about 100 people before the end of this year as the company plans to close down its Buzwagi Gold Mine in Tanzania.

An internal memo, released on May 15 quotes Buzwagi Gold Mine general manager Stewart Hamilton as saying that the company will stop the mining activities at the site in December this year while other plant processes will cease in 2020.

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