ACA.L Regulatory News (ACA)

ACACIA MINING PLC - Appointment of Chief Operating Officer

PR Newswire

London, February 24

25 February 2016

Acacia Mining plc

LSE:ACA

(“Acacia” or the “Company”)

Appointment of Chief Operating Officer

Acacia is pleased to announce the appointment of Mark Morcombe as Chief Operating Officer (“COO”). Mark is a professional Mining Engineer with more than 20 years of gold industry experience, primarily in the underground mining environment, and has operated across the African continent for a number of years.

Before joining Acacia, Mark was Senior Vice President for AngloGold Ashanti at the Obuasi Gold Mine in Ghana, a position he held from September 2012. Prior to this he was Senior Vice President, Planning and Business Development for AngloGold Ashanti’s Continental Africa Region, supporting mines in Mali, Namibia, Tanzania, Democratic Republic of Congo, Guinea and Ghana. He has previously held various roles in Africa with Gold Fields, having started his career in Australia.

Mark holds a Bachelor of Engineering (Mining Engineering) and a Masters of Engineering Science (Mining Geomechanics) from Curtin University in Australia. He will be starting with Acacia in early Q2 2016 and will split his time between London and Tanzania.

Commenting on the appointment, CEO Brad Gordon said, “I am delighted that Mark has agreed to join Acacia as COO. He brings with him a wealth of experience across the African mining industry having operated across the major gold belts on the continent. With the majority of our future gold production being sourced from underground operations, his background in mechanised underground mining is an ideal fit for us. I look forward to working closely with Mark as we seek to complete the transformation of our business into a low cost producer.”

ENQUIRIES

For further information, please visit our website: http://www.acaciamining.com/ or contact:

Brad Gordon, Chief Executive Officer

Giles Blackham, Investor Relations Manager

Daniel Thöle

About Acacia Mining plc

Acacia Mining plc (LSE:ACA) is Tanzania’s largest gold miner and one of the largest producers of gold in Africa. We have three producing mines, all located in north-west Tanzania: Bulyanhulu, Buzwagi, and North Mara and a portfolio of exploration projects in Tanzania, Kenya, Burkina Faso and Mali.

Our approach is focused on strengthening our core pillars; our business, our people and our relationships, whilst continuing to invest in our future. Our name change from African Barrick Gold to Acacia Mining reflects a new approach to mining, and an ambition to create a leading African Company.

Acacia is a UK public company headquartered in London. We are listed on the Main Market of the London Stock Exchange with a secondary listing on the Dar es Salaam Stock Exchange. Barrick Gold Corporation remains our majority shareholder. Acacia Mining reports in US dollars and in accordance with IFRS as adopted by the European Union, unless otherwise stated in this announcement.