Finance > Capital-markets

Under pressure Acacia bolsters cash balance

Acacia Mining (LN:ACA) has agreed to sell a royalty on the Houndé mine in Burkina Faso for US$45 million as it looks to shore up its balance sheet in the face of continuing operating issues in Tanzania.

Staff reporter

Finance > Capital-markets

Under pressure Acacia bolsters cash balance

Acacia Mining (LN:ACA) has agreed to sell a royalty on the Houndé mine in Burkina Faso for US$45 million as it looks to shore up its balance sheet in the face of continuing operating issues in Tanzania.

Staff reporter

Under pressure Acacia bolsters cash balance

Houndé declared commercial production in October