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.
If only...
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.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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.
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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.
-
Tesla and Alphabet announce results – should you invest in Big Tech?
How profitable are the world’s biggest tech companies? We share the latest so far this earnings season.
By Katie Williams Published
-
How working part-time in retirement could boost your pension by £87,000
Easing into retirement by working a few days a week could add thousands to your pension pot. We crunch the figures to see how working part-time can boost your pension po
By Ruth Emery Published