|Day's Range||16.300 - 16.740|
|52 Week Range||13.810 - 23.470|
|PE Ratio (TTM)||13.82|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The shareholders need to be updated on the situation at the Argentinian mine
Tanzania President John Magufuli fired his mining minister and the chief of the state-run mineral audit agency on Wednesday after an investigation into possible undeclared exports by mining companies to evade tax. Magufuli's decision, announced in a televised speech, signals an escalation of tensions between the government and the mining industry, which has denied engaging in tax evasion. Magufuli said the investigation report revealed that Acacia Mining declared the presence of gold, copper and silver in its mineral sand exports but did not declare other precious metals in the consignments.