Acacia Mining PLC  |  Grey Market
52wk high:7.47
52wk low:3.50
PE (ttm):-
Div Rate (ttm):0.04
Yield (ttm):0.74%
Market Cap:-
  • Fri, Jan. 13, 5:15 PM
    • Endeavour Mining (OTCQX:EDVMF) responds to merger speculation, confirming that it has held preliminary talks with Acacia Mining (OTC:ABGLF) about a potential transaction.
    • A merger would allow Barrick Gold (NYSE:ABX) to reduce its 64% stake in Acacia, Bloomberg reports, which also says ABX is considering various options including selling its holding to another bidder.
    • ABX President Kelvin Dushnisky has said Acacia, formerly African Barrick Gold, is not a core business for the company and could be sold.
    Fri, Jan. 13, 5:15 PM | 5 Comments
  • Jan. 8, 2013, 3:57 AM

    African Barrick Gold (ABGLF.PK) plummets 21% in London after parent company Barrick Gold (ABX) ends talks to sell the unit, in which it owns 74%, to state-owned China National Gold. Barrick Gold "will only proceed with opportunities that generate acceptable value," CEO Jamie Sokalsky said. African Barrick, which is worth $1.4B, will now conduct a review of its operations in order to improve returns. (PR)

    Jan. 8, 2013, 3:57 AM