AFRICA STORIES

Acacia keeping chin up

Acacia Mining (LN:ACA) has kept up its production profile in the March quarter, despite a gold concentrate export ban in Tanzania.

What ban, guys? Oh right, the ban that cost us US$33 million in the March quarter

What ban, guys? Oh right, the ban that cost us US$33 million in the March quarter

Acacia was blindsided by the rule in March, and has since threatened to start slowing production if the government does not soften the ban. In the first three months of 2017, Acacia produced 219,670...

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