Acacia Mining plc reported group production results for the second quarter and first half of 2018. For the quarter, group gold production of 133,778 ounces was a 36% decrease on second quarter of 2017 that is 208,533 ounces, primarily driven by the move to reduced operations at Bulyanhulu and to stockpile processing at Buzwagi. Gold ounces sold for the quarter of 134,090 ounces were slightly above gold produced for the quarter as a result of the timing of shipments.

For the first half of 2018, the company announced production of 254,759 ounces compared to 428,203 ounces a year ago.

The company announced that it is on track to achieve the top end of guidance range of 435,000-475,000 ounces for 2018. All gold produced in 2018 is expected to be in doré form and will not, therefore, be impacted by the current GoT export ban on concentrate.