Acacia Mining backs full-year production forecast
April 15 (Reuters) - 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.
The company, which is targeting total production of 500,000
ounces to 550,000 ounces, said it produced 104,899 ounces of
gold in the first quarter - 13 percent lower than last
year. Acacia in March said an incident that caused an overspill at
the North Mara mine was contained and the seepage was stopped.
(Reporting by Pushkala Aripaka in Bengaluru; Editing by Bernard
outside UK: +91 80 6749 6633 ; Reuters Messaging:
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