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    Geita open pit mine, located in northwestern Tanzania, is AngloGolds largest single gold mining operation. (Image: AngloGold Ashanti.)

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    President John Magufuli has also ordered the mining ministry to freeze the renewal of expired permits.

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    The first serious blow to mining companies this year came in March, when Tanzania banned the export of gold and copper ore over a tax dispute with the countrys biggest gold miner, London-listed Acacia, and to encourage the construction of domestic smelters.

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    Acacia Mining hit backat the Tanzanian government on Friday, describing the state'saudit of the company's gold and copper ore as inaccurate andsaying it would consider its options in the East African state.

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    Shares in Acacia Mining, the London-listed gold miner in merger talks with a Canadian rival, plunged by as much as a fifth on Friday after Tanzania unexpectedly ...

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