The World's Biggest Tax Bill Is Just the Latest Blow for Gold Miner
- Acacia Mining handed $190 billion tax levy, fine from Tanzania
- Figure is four times nation’s GDP, 70 times Google’s EU fine
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It was supposed to mark a fresh start for the African business of the world’s biggest gold producer. In November 2014, African Barrick Gold Plc would get a new name and new management to distance itself from a troublesome past and disputes with local politicians.
Less than three years later, things are worse than ever.