Acacia Mining plc reported unaudited capital expenditure results and production results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported capital expenditure of $57,826,000 compared to $42,931,000 a year ago.

For the quarter, the company reported tonnes mined of 9,644,000 tonnes compared to 10,128,000 tonnes a year ago. Ore tonnes mined was 2,584,000 tonnes compared to 2,822,000 tonnes a year ago. Ore tonnes processed was 2,567,000 tonnes compared to 2,413,000 tonnes a year ago. Gold production was 212,954 ounces compared to 200,723 ounces a year ago. The increase in production was predominantly driven by higher grades and recoveries at North Mara and increased run-of-mine processing at Bulyanhulu. Copper production was 4,255,000 pounds compared to 4,496,000 a year ago, mainly driven by lower copper grades at Bulyanhulu and Buzwagi combined with lower copper recoveries at Bulyanhulu.

For the year, the company reported capital expenditure of $195,898,000 compared to $183,617,000 a year ago.

For the year, the company reported tonnes mined of 38,491,000 tonnes compared to 41,390,000 tonnes a year ago. Ore tonnes mined was 9,419,000 tonnes compared to 10,311,000 tonnes a year ago. Ore tonnes processed was 9,818,000 tonnes compared to 9,268,000 tonnes a year ago. Gold production was 829,705 ounces compared to 731,912 ounces a year ago. Copper production was 16,239,000 pounds compared to 14,981,000 a year ago.

For the year 2017, the company expects production at the mine to be in excess of 2016 levels.