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Buzwagi gold mine

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Report summary

Buzwagi is an open-pit mining operation and the smallest of Acacia Mining`s three gold producing mines. Commercial production commenced in 2009 and in 2013, mine life was shortened following a decision to suspend a final cut-back of the open pit. In 2016, the mine produced 162koz of gold.Based on existing reserves, mining activity is expected to cease in 2017 followed by stockpile processing until 2020. Development of a closure plan is on-going with various closure options under consideration.

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