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Appointment of Chief Operating Officer

4 Jun 2015 07:00

ACACIA MINING PLC - Appointment of Chief Operating Officer

ACACIA MINING PLC - Appointment of Chief Operating Officer

PR Newswire

London, June 3

4 June 2015

Acacia Mining plc

LSE:ACA

(“Acacia” or the “Company”)

Appointment of Chief Operating Officer

Acacia is pleased to announce the appointment of Michelle Ash as Chief Operating Officer (“COO”). Michelle joined Acacia in October 2013 as Executive General Manager, Business Improvement and Planning and has driven significant change across our operations in that time. She has led the creation of our Business Improvement structures and strategy, playing an integral role in bringing more discipline into planning processes, enhancing operational performance and implementing our cultural change programme. Michelle has more than 20 years of experience within the mining and manufacturing industries across a range of senior roles including at Head of Alliance Planning and Co-ordination for the BHP Mitsubishi Alliance and General Manager Strategy for MMG.

In addition to her existing responsibilities Michelle is currently Acting General Manager of Bulyanhulu, but following the recruitment of a new mine General Manager will relinquish this role in the coming months. As COO, Michelle will be based in Dar es Salaam, Tanzania, with a key element of her role being to ensure we fully realise the geological potential of our assets.

Commenting on the appointment, CEO Brad Gordon said, “I am delighted that Michelle will be taking on the role of Chief Operating Officer within Acacia. I feel that now is the appropriate time to split the role of CEO and COO to continue to embed and enhance the changes we have made since 2013 and Michelle’s technical expertise, people skills and energy make her a natural choice for the role. She has already made a significant contribution to the evolution of the company over the past 18 months and I look forward to working closely with her as we seek to become a lowest cost quartile producer and realise the significant potential of our mines and our people.”

ENQUIRIES

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

Acacia Mining plc +44 (0) 20 7129 7150Brad Gordon, Chief Executive OfficerGiles Blackham, Investor Relations Manager

Bell Pottinger +44 (0) 20 3772 2500Daniel Thöle

About Acacia Mining plc

Acacia Mining plc (LSE:ACA), formerly African Barrick Gold, 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 and Burkina Faso.

Our approach is focused on strengthening our three core pillars; our business, our people and our relationships. 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.

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