Acacia Mining - Preliminary results 2018
ACA
Mon, 11 Feb 2019, 02:45pm GMT
Acacia Mining is the largest gold producer in Tanzania and has been operating in the country for over a decade. During that time Acacia Mining have produced over 9 million ounces of gold from a combination of open pit and underground mines.
The portfolio comprises three producing mines, all located in north-west Tanzania, together with several exploration projects at various stages of development, including exploration land holdings in the greenstone belts in Western Kenya, Western Burkina Faso and Western Mali.
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Cavendish Place, London, United Kingdom
Peter Galeta, Interim CEO, discusses the highlights of 2018 which saw the company deliver an improved performance on gold volumes and costs against guidance, and stabilised the financial position of the company whilst also delivering an improved safety performance overall and demonstrating its continued substantial commitment to Tanzania, its local suppliers and communities.
