|Bid||158.10 x 250000|
|Ask||158.40 x 34800|
|Day's range||147.00 - 159.70|
|52-week range||93.56 - 268.20|
|Beta (3Y monthly)||1.05|
|PE ratio (TTM)||316.40|
|Earnings date||25 Jul 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2.17|
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION ...
C FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION ...
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.
The $285 million proposal made to Acacia’s board and management will offer 0.153 of Barrick shares for each Acacia share, the Toronto-based company -- which already owns about two-thirds of the target, said in a statement. The proposal implies a valuation of $787 million for the whole of Acacia, Barrick said.
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. The proposal values Acacia, which is majority-owned by Barrick, at $787 million and total consideration to the minority shareholders of Acacia of $285 million, Barrick said. In its statement, Barrick said it has been negotiating with the government of Tanzania for the last two years to settle a tax dispute which could allow Acacia to resume its full operations in the country.
Tanzania's mining minister said on Monday Acacia Mining had been fined 5.6 billion Tanzanian shillings ($2.4 million) for alleged pollution at its North Mara mine. Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania. Tanzania's National Environment Management Council (NEMC) has issued an environmental protection order (EPO) relating to alleged pollution from North Mara's tailings dam, mining minister Doto Biteko said.
Acacia is pleased to announce that it has signed definitive documentation with its partner, Sarama Resources Ltd. (“Sarama”) (SWA.V), to terminate the earn-in agreement in respect of the South Houndé Project (the “Project”) in south-western Burkina Faso. Termination is subject to satisfaction of certain conditions under the definitive documentation.
TR-1: S tandard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of the issuer ...
Acacia Mining on Thursday hit back at parent company Barrick Gold Corp's allegation the miner was an obstacle to solving a long-running tax row in Tanzania. Barrick CEO Mark Bristow said in a results presentation on Wednesday that Acacia was not cooperating, prompting Acacia to demand clarification from Barrick.
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, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania and had cut output by a third after the government banned the export of mineral concentrates in 2017. The company in March introduced a revised mining plan for both the underground and open pit mines to address production problems at North Mara and said its successful implementation had put it on course to hit output targets of 500,000 ounces to 550,000 ounces in 2019.
“I am pleased to announce a rebound in gold production and performance at the start of Q2 to 47,805 ounces for the month. Total gold production in April was 47,805 ounces, 37% higher than the monthly average during Q1 2019.
9 May 2019 Acacia Mining plc LSE:ACA (“Acacia” or the “Company”) Notice of 2019 Annual General Meeting Acacia's Annual General Meeting ("AGM") for 2019 will be held at the offices of Shearman ...
Acacia Mining plc Registration number 7123187 (“the Company”) TOTAL VOTING RIGHTS In accordance with the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules, the Company advises that ...
Acacia Mining Plc reported a slump in underlying core earnings on Thursday as it struggled with production issues at its North Mara gold mine in Tanzania, where it said pressure was building for a settlement of its row with the government. Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania. London-listed shares of the mid-cap company were down 4 percent by 1020 GMT, deepening a 12 percent drop year to date.
Acacia Mining Plc 25 April 2019 Results for the 3 months ended 31 March 2019 (Unaudited) and Board Changes Based on IFRS and expressed in US Dollars (US$) Acacia Mining plc (“Acacia’’) reports first quarter ...
The company, majority owned by Canada's Barrick Gold Corp, is grappling with a long-running tax dispute in Tanzania where it operates all its mines. Acacia said gold production for the first quarter at North Mara was 66,324 ounces - 14 percent lower than last year.
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. The company, majority owned by Canada's Barrick Gold Corp , is grappling with a long-running tax dispute in Tanzania where it operates all its mines. Acacia said gold production for the first quarter at North Mara was 66,324 ounces - 14 percent lower than last year.
Acacia Mining Plc on Monday said it was confident in delivering its production forecast for the full year despite a production issue in the first quarter due to issues at its North Mara mine in Tanzania. Acacia in March said an incident that caused an overspill at the North Mara mine was contained and the seepage was stopped.
“We achieved gold production of 104,899 ounces for the first quarter of the year. While historically our production is typically stronger in the second half of the year, production this quarter was impacted by unanticipated production issues at our North Mara mine. Gold production for the quarter of 104,899 ounces was 13% below the prior year period mainly due to lower production at North Mara and Buzwagi.
Acacia informs the market that the Company’s Annual Report and Accounts for 2018 are available to view and download on Acacia’s website: http://www.acaciamining.com. The 2019 Annual General Meeting (“AGM”) Notice, the Annual Report and Accounts for 2018 and all other accompanying materials will be dispatched to shareholders on 25 April 2019 ahead of Acacia’s planned AGM on Thursday 23 May 2019. Acacia Mining plc (LSE:ACA) is the UK holding company of the Acacia Group, Tanzania’s largest gold miner and one of the largest producers of gold in Africa.
Today we'll evaluate Acacia Mining plc (LON:ACA) to determine whether it could have potential as an investment idea. Specifically, we're going to calculate its Return On Capital Employed (ROCE), inRead More...