Acacia Mining

Acacia Mining is a holding company. Through its subsidiaries, Co. is a gold producer in Tanzania. Co.'s primary business is the mining, processing and sale of gold. In addition, Co. produces copper and silver as a co-product. Co. has three operating mines located in Tanzania: North Mara gold mine; Bulyanhulu gold mine; and Buzwagi gold mine. Co. also has a portfolio of exploration projects located across Africa.
  • TickerACA
  • ISINGB00B61D2N63
  • ExchangeLondon Stock Exchange
  • SectorMining
  • CountryUnited Kingdom

Analysts

Philip Morrish

Value Indicator - UK Basic Resources 12082019

Currently '(TM)Value Indicator - UK basic resources' is a value anlaysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 12082019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provdes the reader with indicative longer-term target prices.

Roger Bade

Millennial Lithium (ML-TSX-V) - My PEA's better than yours

The compliant Preliminary Economic Assessment (PEA) on their Pastos Grandes lithium brine project in Argentina is encouraging, although they are using a fancy average lithium carbonate equivalent (LCE) price assumption of US$13,500 per tonne ($/t). For a 25,000 tonnes per annum of LCE over 25 years, with a 3 year ramp up period, the up-front cost is $410m. Using $13,500/t for LCE, they estimate an after-tax Internal Rate of Return (IRR) of 23.4% and an after-tax Net Present Value (NPV) of $607m, assuming a 10% discount rate. The tax take was 31.6%.

Roger Bade

Randgold Resources (RRS)/Centamin (CEY) - Poor Q3 results from the former, with an improvement seen by the latter

Randgold’s Q3 results are poor and are lower than that recorded in Q2. Production fell 9% and total cash costs per ounce rose 17% as the Gounkoto super pit was pushed back while grades continued to decline at Loulo- Gounkoto; the tax rate was also a high 37.7%.

Roger Bade

Acacia Mining (ACA) - Why is it so difficult for a US$1bn company to raise another $300m?

The Chief Financial Officer’s ascertain that Acacia didn’t have the balance sheet to pay the US$300m promised by their 64% owner Barrick Gold (ABX-NYSE) to the Tanzania Government, is a bit odd.

Roger Bade

Base Metals - Chinese buyers return

Having churned in London and New York, base metals have regained their mojo in Asian trading. The copper price, which was off a couple, has rebounded a sharp four US cents per pound ($/lb.) to $3.19/lb.; nickel followed and is over ten cents/lb. better at just over $5.40/lb.; aluminium had started to recover in Europe and the US and is now up one and a half cents/lb. at 97 cents/lb. Both lead & zinc dipped and then recovered in Asian trade. The lead price is up half a cent/lb. at $1.13/lb., while zinc is unchanged at $1.445/lb.

Roger Bade

Sector Overview - Precious metals and iron ore prices flat, base metals off on profit taking

Precious metals traded around. The gold price is up a little at just over US$1,335 per ounce ($/oz); silver shot up and then lost it all and is now unchanged at just above $17.90/oz; platinum barely moved at $1,005/oz, but palladium slipped $15/oz to $955/oz. As sterling strengthened against the US dollar, the local gold price was off almost £10/oz at just under £1,030/oz.

Roger Bade

Sector Overview - Sterling gold price weakens

In all the turmoil started by in-line US inflation numbers on Friday, the local gold price plunged by nearly £5 per ounce (£/oz) to just over £975/oz, as the US dollar weakened.

Philip Morrish

Value Indicator - UK Basic Resources 12082019

Currently '(TM)Value Indicator - UK basic resources' is a value anlaysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Main Market 12082019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Construction & Materials, Telecoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provdes the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 05082019

Currently '(TM)Value Indicator - UK Basic REsources' is a value analysis of the Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices.

Philip Morrish

Value Indicator - UK Basic Resources 29072019

Currently '(TM)Value Indicator - UK Basic Resources' is a value analysis of th Basic Resources super sector of quoted companies on the London Stock Exchange's main market that provides the reader with indicative longer-term target prices

Philip Morrish

Value Indicator - UK Main Market 29072019

Currently '(TM)Value Indicator - UK main market' is a value analysis of the Basic Resources, Constructon & Materials, Telcoms and Utilities sectors of quoted companies on the London Stock Exchange's main market that provides the reader with longer-term indicative target prices.

MarketLine Department

Polymetal International Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Polymetal International Plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Polymetal International Plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competi...

MarketLine Department

Altyn Plc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Altyn Plc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Altyn Plc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights Thi...

MarketLine Department

Acacia Mining plc - Strategy, SWOT and Corporate Finance Report

Synopsis Acacia Mining plc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Summary - Detailed information on Acacia Mining plc required for business and competitor intelligence needs - A study of the major internal and external factors affecting Acacia Mining plc in the form of a SWOT analysis - An in-depth view of the business model of Acacia Mining plc including a breakdown ...

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