JOHANNESBURG (miningweekly.com) – Dual-listed gold producer Aureus Mining’s shares on the LSE dipped on Tuesday, as it announced the establishment of a special committee to conduct a review of strategic options to enhance shareholder value.
The committee would comprise independent, nonexecutive directors Jean-Guy Martin, Loudon Owen and David Netherway.
Aureus’s assets included its flagship New Liberty gold mine, in Liberia, which had an estimated proven and probable mineral reserve of 8.5-million tons, comprising 92 000 oz grading 3.4 g/t.
The company’s shares on the LSE fell by 9.52% to 2.38p a share on Tuesday morning, compared with Monday’s close of 2.62p apiece.
Aureus was also listed on the TSX.