Sector Overview - All eyes on North Korea, US threatens sanctions against China and Russia
Following the North Korean nuclear test, Mr. Trump and Mr. Mnuchin (US Treasury Secretary) have both threatened to introduce sanctions against any country having business with North Korea. If that doesn’t include China and Russia sanctions won’t have an impact.The North Korean nuclear test was good for another US$10 per ounce ($/oz) on the gold price. It is now up over $10/oz at over $1,330/oz. Silver followed and is up fifteen cents/oz at $17.85/oz.
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.
Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.
The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.
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