CORRECTED-Acacia Mining swings to annual profit in 2018

United States
Breaking News:
Los Angeles
Saturday, Feb 23, 2019
(Corrects to read 14.4 cents, paragraph 2)
LONDON, Feb 11 (Reuters) – Acacia Mining said on Monday it swung back to profit in 2018 as its gold production and costs beat expectations even as a longstanding tax dispute rumbled on in Tanzania.
The London-listed miner said in a statement basic earnings per share totalled 14.4 cents compared to a loss of 172.5 cents a year earlier.
Reporting by Zandi Shabalala; editing by Jason Neely