ACACIA Mining has restarted operations at its Bulyanhulu gold mine in Tanzania after resolving overheating problem at the plant. The gold mining
company operating in Tanzania said in a
statement yesterday that the process plant at Bulyanhulu, one of three
mines was now operating at normal throughput levels.
“Acacia is pleased to announce that it
has resolved the previously disclosed issue of the overheating of the
ball mill trunion bearing at Bulyanhulu and the process plant is now
operating at normal throughput levels,” the mining company said in part.
“Further work will be carried out during
a planned plant shutdown in Q4 2016 with a full bearing housing
replacement to be installed during 2017 to provide a life of mine
solution,” the company HQ’ed in London announced.
Acacia said guidance for Bulyanhulu
remains unchanged and is and at a group level it continues to expect
third quarter production to be broadly in line with Q1 2016, with
unchanged full year production guidance of at least 780,000 ounces of
gold.
Barrick Gold is reported to be in talks
to sell its 64 per cent steak in Acacia and could receive around $1.9
billion for the company, which also has exploration projects in Tanzania
and other African countries.
The potential buyers named by Reuters
sources are Harmony Gold Mining Co Ltd, Sibanye Gold Ltd, AngloGold
Ashanti Ltd, Randgold & Exploration Co and Gold Fields Ltd, all of
them based in South Africa.
It is said that some unnamed Australian
and North American miners could also be interested in the African
company. Meanwhile, Acacia Mining’s Buzwagi Gold Mine has set aside
600,000 US dollars (about 1.2bn/-) for tree planting in Kahama District,
reports ABDUEL ELINANZA. The mine Sustainability Manager, George
Mkanza, said the mine set to plant 1.6 million trees starting this rain
season.
“We (Buzwagi) will not plan those trees
rather paying for planters as a community income generation facility,”
Mr Mkanza told the ‘Daily News’ during a reporters tour of the mine
today. The programme involving giving trees to planters and the mine
will pay for every tree growing to some acceptable level.
The planter will be given the task of
watering the trees and protecting them from drying out. Kahama receives
700 milliliters of rain a year.
Also the district faces trees declining
trend which do not match with planting ratio. Last year Buzwagi
constructed 15 deep boreholes around Mwendakulima communities that
surround the mine.
On top of that it built a health centre
at Mwendakulima which is the first such centre for Kahama municipality.
The health centre has the capacity to receive over 70 outpatients a day.
At the moment the centre has some 25 staff.
The centre is powered by solar power,
with rain water collection and storage systems and has staff house.
Mwendakulima Health Centre went into operations last December and was
full furnished by Buzwagi mine.
The mine constructed another primary
school for Budushi community that took its first standard one pupils in
July. Under corporate social responsibility (CSR), Buzwagi constructed
three full fledged primary schools and one secondary school, about five
secondary school laboratories.
It also constructed 5.0 km of tarmac
road and 12km of gravel road in Kahama. The low grade mine spent some
1.6 million US dollars a year on CSR projects
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