Acacia raises FY guidance on back of strong Q3 results

Owing to a continued strong performance at its operations, Acacia Mining expects its full-year output to be about 5% higher than the top end of its initially guided 750 000 oz to 780 000 oz gold production forecast. "Our strong third-quarter operational and financial results represent another significant step forward for Acacia, particularly considering some of the headwinds experienced during the quarter,” CEO Brad Gordon said in a statement on Friday.