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Endeavour, Acacia talks break down

Two months after announcing they were in discussions about a possible merger, Acacia Mining (LN:ACA) and Endeavour Mining (CN:EDV) have called it quits, deciding a joint Africa-focused gold mining proposition is not in the best interest of shareholders.

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Acacia’s Tanzania and Kenya assets would complemented Endeavour’s West Africa properties (photo: Acacia's North Mara)

The combination, which would have seen Acacia's Tanzania operations joined with Endeavour's West Africa assets, had been heralded as the first major piece of gold M&A in 2017 and got analysts and

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