AFRICA STORIES

Acacia blooms in full-year results

Acacia Mining’s (LN:ACA) operational investments have paid off, with the stronger gold price also helping the Tanzania-focused company to a stellar set of numbers for 2016.

Workers at the Buzwagi operation can look forward to extended contracts as Acacia pushes out the mine life

Workers at the Buzwagi operation can look forward to extended contracts as Acacia pushes out the mine life

The preliminary results include a year-on-year doubling of EBITDA to US$415 million and a higher-than-expected dividend of $0.104 per share, up from $0.042 in 2015.  Acacia beat production guidance with...

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