Acacia Mining Share Discussion Threads

[jswjsw] 24/10/2018 00:44

Sooo - Barrick owns 64% and post the Randgold merger wants the remaining 36%.
Got to be worth book value in this case = 202p ...
j

[themuppet] 23/10/2018 18:17

I held a load of these back in the early 00's.

Thought they went under?

[maywillow] 22/10/2018 08:39

Today: Monday 22 October 2018
More charts from the Credit Agricole Exchange (PC)


PARIS (Agefi-Dow Jones) - Crédit Agricole CIB, the corporate and investment banking division of Crédit Agricole, announced Monday the end of the 2015 deferred prosecution agreements with US authorities over embargoes between 2003 and 2008.


These deferred prosecution agreements were concluded in October 2015 by Crédit Agricole CIB and the United States Attorney's Office for the District of Columbia (USAO) and the District Attorney of the County of New York (DANY).


At that date, Crédit Agricole CIB and Crédit Agricole SA had agreed to pay US authorities a penalty of $ 787.3 million for embargo violations against several countries, including Sudan and Cuba. Crédit Agricole CIB also signed deferred legal proceedings for a period of three years.


"Crédit Agricole CIB has fulfilled all the obligations set out in these agreements, which have now expired," explains the bank. "As a result, the Federal Court of the District of Columbia issued a final order on October 19, 2018, terminating the case initiated by the USAO three years ago in this case," she concluded.


-Julien Marion, Agefi-Dow Jones; [phone]; [e-mail] ed: VLV


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


October 22, 2018 02:49 ET (06:49 GMT)

[florenceorbis] 22/10/2018 08:03

PARIS (Agefi-Dow Jones) - Standard and Poor's rating agency lifted Friday's long-term credit ratings by Crédit Agricole Group and several of its subsidiaries, including Crédit Agricole SA, with bearings from a stable perspective. In detail, S & P has raised from "A" to "A +" the long-term credit ratings of the Group, Crédit Agricole SA, Crédit Agricole Regional Banks, LCL, CA Consumer Finance, Crédit Agricole CIB and Crédit Agricole CIB. from CACEIS. The ratings of Predica and Pacifica were raised to "A" against "A-" previously, while that of Crédit Agricole Assurances went from "BBB +" to "A-". In a statement issued Monday morning, Crédit Agricole states that "S & P Global Ratings justifies the increase of the ratings by the solid financial performance demonstrated by the group, its low risk profile associated with a high diversification of risk exposures, as well as the higher level. high than its peers the coverage of doubtful outstanding ". According to S & P, "the balanced and diversified business model, coupled with a disciplined commitment policy and low risk appetite, calls for a structural, not just cyclical, reduction in the cost of credit," the banking group added. ([e-mail]) ed: VLV


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


October 22, 2018 02:28 ET (06:28 GMT)

[jswjsw] 19/10/2018 12:35

Drop due to short term getouts - and the lower numbers, but overall these hide vg results.
CEO confirms dialogue instigated with GoT, and Tanzania will not want to be sued.
Huge rerating when agreement reached ...

Sticking with these, longterm

j

[ariane] 16/10/2018 16:30

Credit Agricole SA (ACA.FR) said Tuesday that it will buy a 25% stake in GNB Seguros from Seguradoras Unidas, increasing its stake in the Portuguese insurance company to 75%.

Portuguese bank Novo Banco will retain the remaining 25% of GNB Seguros, Credit Agricole said, reinforcing the two companies' partnership. GNB Seguros's products are mainly distributed through Novo Banco's network and, most recently, through Credibom, Credit Agricole's Portuguese entity, the company said.

The French bank's insurance business, Credit Agricole Assurances, is pursuing a strategy of forming partnerships with banking groups, it said. In July, it announced a partnership in the life insurance sector with the Italian bank Credito Valtellinese SCARL (CVAL.MI).

The divestment will allow Seguradoras Unidas to better concentrate on its main distribution channel, it said.

No financial details about the transaction were disclosed.



Write to Cristina Roca at [e-mail]; @_cristinaroca



(END) Dow Jones Newswires

October 16, 2018 03:48 ET (07:48 GMT)

[la forge] 16/10/2018 09:21

PARIS (Agefi-Dow Jones) - Credit Agricole Assurances announced Tuesday the signing of an agreement with Unidas Seguradoras to acquire a 25% stake in the Portuguese insurer Seguros GNB. After the closing of the transaction, Crédit Agricole Assurances' stake in GNB Seguros will increase from 50% to 75%, the remaining 25% being held by the Portuguese banking group Novo Banco.


The operation remains subject to the approval of the Portuguese authorities.


Following the announcement in July 2018 of a partnership with Italian bank Credito Valtellinese in the life insurance sector, Crédit Agricole Assurances is pursuing its strategy of developing partnerships with external banking groups, the group said in a statement. .


The subsidiary of the Crédit Agricole Group also confirms its willingness to develop its non-life insurance activities in Portugal, the group continues.


Created in 1996, GNB Seguros is the 13th non-life insurance company in Portugal and, at the end of 2017, had more than 77 million euros in premiums written.


-François Berthon, Agefi-Dow Jones; [phone]; [e-mail] ed: ECH


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


October 16, 2018 03:37 ET (07:37 GMT)

[la forge] 16/10/2018 09:21

PARIS (Agefi-Dow Jones) - Credit Agricole Assurances announced Tuesday the signing of an agreement with Unidas Seguradoras to acquire a 25% stake in the Portuguese insurer Seguros GNB. After the closing of the transaction, Crédit Agricole Assurances' stake in GNB Seguros will increase from 50% to 75%, the remaining 25% being held by the Portuguese banking group Novo Banco.


The operation remains subject to the approval of the Portuguese authorities.


Following the announcement in July 2018 of a partnership with Italian bank Credito Valtellinese in the life insurance sector, Crédit Agricole Assurances is pursuing its strategy of developing partnerships with external banking groups, the group said in a statement. .


The subsidiary of the Crédit Agricole Group also confirms its willingness to develop its non-life insurance activities in Portugal, the group continues.


Created in 1996, GNB Seguros is the 13th non-life insurance company in Portugal and, at the end of 2017, had more than 77 million euros in premiums written.


-François Berthon, Agefi-Dow Jones; [phone]; [e-mail] ed: ECH


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


October 16, 2018 03:37 ET (07:37 GMT)

[p winky] 02/10/2018 17:27

Definitely something cooking here and on solg...

[zedder] 02/10/2018 16:30

Looks like there is definitely something brewing.

[ariane] 02/10/2018 07:48

Morgan Stanley raises Crédit Agricole's online weighting to overweight by targeting EUR 16.40 against EUR 15 previously.

[the grumpy old men] 26/9/2018 10:10

PARIS (Agefi-Dow Jones) - Crédit Agricole SA will appeal Wednesday the fine of 4.3 million euros imposed by the European Central Bank (ECB) in July, report Les Echos. Accused by the institution frankfurt not to have respected, in its quarterly results reports, the rules on the declaration of capital ratios, the French bank "is about to launch the counter-attack" at the Court of Justice of the European Union (CJEU), says the financial daily.


Contacted by the agency Agefi-Dow Jones, no spokesman of the bank was available immediately to comment on the information.


In its August ruling, the ECB criticized Crédit Agricole for "having classified equity instruments as CET1 instruments without prior authorization from the competent authority". The infringements would have occurred in the quarterly statements of the institution between 2015 and 2016. CET1, or Common Equity Tier 1, is the core of the equity of financial institutions.


The sanction concerns the listed part of the French bank, Crédit Agricole SA, as well as two of its subsidiaries, Crédit Agricole Consumer Finance, for € 200,000, and Crédit Agricole Corporate and Investment Bank, for € 300,000. The amounts have already been recorded in the accounts presented at the beginning of August by the banking group.




-François Berthon, Agefi-Dow Jones; 01 41 27 47 93; [e-mail] ed: VLV






Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


September 26, 2018 02:59 ET (06:59 GMT)

[s1zematters] 24/9/2018 08:22

Very significant news here..


TOP NEWS: Randgold Resources Agrees Merger With Barrick Gold

[foxy22] 23/9/2018 21:10

Could acacia be involved in potential randgold/barrack tieupHow much%wise does barrack own of acacia

[casual47] 21/9/2018 10:01

Those ratings are fictional. It's not because it's on the internet that it's true....

[luisfrg] 21/9/2018 07:24

Agreed - finally some momentum...lets see if we can make it 4 days in a row of solid gains!