Acacia keen on South Houndé

LONDON-listed Acacia Mining has earned a 50% stake in Sarama Resources’ South Houndé project in Burkina Faso, and has committed to the next stage of work.

Acacia keen on South Houndé Acacia keen on South Houndé Acacia keen on South Houndé Acacia keen on South Houndé Acacia keen on South Houndé

Acacia spent $US7 million to earn the stake, a little over two years since the farm-in was announced.

The miner can now spend a further $7 million over the next two years to earn an additional 20%.