Response to Media Speculation

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

13 January 2017

Acacia Mining plc

LSE:ACA

("Acacia" or the "Company")

Response to Media Speculation

Acacia notes the recent media speculation regarding a potential combination with Endeavour Mining Corporation ("Endeavour"). Acacia continually assesses opportunities to grow and develop its business in line with its strategy, including the assessment of potential strategic combinations.

Acacia confirms that it is in preliminary discussions regarding a possible combination with Endeavour. This may or may not result in agreement of a transaction.

A further announcement will be made when appropriate. 

ENQUIRIES

Acacia Mining plc +44 (0) 20 7129 7150

Giles Blackham, Investor Relations Manager

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 three 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 in November 2014 reflected 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 is our majority shareholder. Acacia reports in US dollars and in accordance with IFRS as adopted by the European Union, unless otherwise stated in this announcement.