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Acacia Mining PLC (ACAA.L)

ACAA.L on London Stock Exchange

158.20GBp
23 May 2019
Change (% chg)

3.30 (+2.13%)
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154.90
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Wed, May 22 2019

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Barrick's buyout offer for Acacia unit irks minority shareholders

Barrick Gold Corp's proposal to take full control of its Acacia Mining Plc unit to resolve a long-standing tax dispute with Tanzania has drawn the ire of Acacia's minority shareholders, who may have the ultimate vote on a deal.

UPDATE 4-Barrick's buyout offer for Acacia unit irks minority shareholders

May 22 Barrick Gold Corp's proposal to take full control of its Acacia Mining Plc unit to resolve a long-standing tax dispute with Tanzania has drawn the ire of Acacia's minority shareholders, who may have the ultimate vote on a deal.

Acacia Mining blames Barrick Gold for excluding co in tax dispute talks

May 22 Acacia Mining Plc said on Wednesday it continued to be excluded from discussions between Canadian miner Barrick Gold Corp and the Government of Tanzania with regard to a tax dispute.

Barrick Gold bids to acquire remaining Acacia shares

Canadian miner Barrick Gold Corp said on Tuesday it has proposed to acquire all of the shares it does not already own in Acacia Mining Plc through a share-for-share exchange of 0.153 Barrick shares for each ordinary share of Acacia.

UPDATE 1-Barrick Gold bids to acquire remaining Acacia shares

May 21 Canadian miner Barrick Gold Corp said on Tuesday it has proposed to acquire all of the shares it does not already own in Acacia Mining Plc through a share-for-share exchange of 0.153 Barrick shares for each ordinary share of Acacia.

UPDATE 1-Acacia seeks clarification on North Mara dispute, production jumps

May 9 Acacia Mining Plc saw a surge in gold production in April thanks chiefly to a 54-percent rise in output from its disputed North Mara gold mine in Tanzania.

Acacia Mining April gold output surges, backs FY forecast

May 9 Acacia Mining Plc said on Thursday it produced more gold in April as its North Mara gold mine in Tanzania saw higher output, and stood by its production outlook for the full year.

UPDATE 1-Acacia Mining core profit slumps as Tanzanian troubles bite

* International arbitration hearing set for Q3 (Adds comment from Acacia, detail, share price movement)

Acacia Mining core profit slumps as Tanzania woes continue

April 25 Acacia Mining Plc reported a slump in underlying core earnings as it struggled with production issues at its North Mara gold mine in Tanzania.

UPDATE 1-Acacia Mining confident on FY production forecast despite Q1 issues

April 15 Precious metals miner Acacia Mining Plc on Monday said it was confident of hitting its production forecast for the full year even though the first quarter was hampered by problems at its North Mara mine in Tanzania.

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