Acacia Mining Plc is holding an Annual General Meeting with the following details:
|The Offices of Shearman and Sterling LLP, 9 Appold Street, EC2A 2AP LONDON GB
About the company
Acacia Mining PLC is a gold mining company in Tanzania which mines, processes and sells gold extracted from its gold mines, and copper and silver as co-products. The gold mining company has exploration properties in Kenya, Burkina Faso and Mali. Acacia Mining operates three gold mines in Tanzania; North Mara gold mine, a combined open pit and underground operation from two deposits in the Mara Musoma greenstone belt; Bulyanhulu gold mine, a narrow-vein gold mine containing gold, silver and copper mineralization in sulfides; and Buzwagi gold mine, a shear-hosted quartz-veined deposit hosted in porphyritic granite. Acacia Mining’s majority shareholder is Barrick Gold which has a 63.9% stake in the company. It was established as a unit of Barrick Gold when the company started mining in Tanzania in 2000.
This annual general meeting (AGM) is a mandatory yearly gathering of the company’s interested shareholders. At the AGM, the directors of this company present an annual report containing information for shareholders about the company’s performance and strategy. Shareholders with voting rights vote on current issues, such as appointments to the company’s board of directors, executive compensation, dividend payments and selection of auditors.
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