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Acacia and Barrick spat turns investors bearish

Acacia and Barrick spat turns investors bearish

After returning to profit in 2018, Acacia Mining (ACA) has set a production target of 500,000-550,000 ounces (oz) of gold for 2019. The year started slowly (105,000oz in the first three months) but the company says its mines showed big improvements in April, with North Mara upping its monthly production by 37 per cent to 48,000oz and stockpile and tailings retreatment processing at Buzwagi and Bulyanhulu running along as before.

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