The Mining Sector Quarterly
Following the expected Brexit boost, mining sector share prices moved sideways, mirroring the trend in commodities. As September drew to a close commodities and share prices have rallied sharply again as the US Federal Reserve decided not to raise interest rates for this month at least and OPEC agreed to cut oil production. Given that the latest bout of strength is as much sentiment as fundamentally inspired, we are faced with a volatile near term prospect.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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