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If you’d invested in: Kainos Group andf Acacia Mining
Acacia Mining is a gold miner operating in Tanzania, with properties in Kenya, Burkina Faso and Mali.
Kainos Group (LSE: KNOS) provides information-technology services, consulting, and software to customers worldwide. For the period to the end of March the company reported an order backlog of £76.4m, around one year's worth of revenue.
At the beginning of September it also said its full-year results were expected to be in line with current market expectations, as a robust balance sheet and positive cash generation continues to benefit the firm.
Be glad you didn't
Acacia Mining (LSE: ACA) is a gold miner operating in Tanzania, with properties in Kenya, Burkina Faso and Mali. It recently reduced the scale of its operations at the Bulyanhulu mine in Tanzania following a bitter row with the country's government, which caused the share price to plunge.
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Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.
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The miner said the government's decision in March to ban exports of gold and copper concentrate has hit 35% of its production, costing it $210m to date.
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Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.
Alice is now Consumer Editor at The Sun and covers everything from energy bills to Social Security.
