African Consolidated Resources jumps after first-half results

Shares in Zimbabwe-focused miner African Consolidated Resources (ACR) rose strongly on Friday after the release of the company's first-half results, in which the company expressed its optimism about the potential of its Pickstone-Peerless gold mine.

Shares in Zimbabwe-focused miner African Consolidated Resources (ACR) rose strongly on Friday after the release of the company's first-half results, in which the company expressed its optimism about the potential of its Pickstone-Peerless gold mine.

The stock was also given a lift by the news that it has come to an "amicable agreement" with a former shareholder over the ownership dispute concerning its Kalengwa copper mine.

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