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Tanzania concentrate export ban weighs on Acacia’s H1 performance

Tanzania’s ongoing concentrate export ban, implemented in March, has significantly impacted on LSE-listed Acacia Mining’s results for the first six months of the year. Despite delivering its highest-ever first-half production levels during the period to June, Acacia now expects production to stay on the bottom end of its guidance, as concentrate exports from Bulyanhulu and Buzwagi have been prevented.