Avocet to build new process plant at Inata

LSE-listed Avocet Mining on Friday said construction of a new processing plant at the Inata gold mine, in Burkina Faso, was expected to start late 2012. The West African gold mining and exploration company was currently undertaking a study for...

Avocet beats production guidance

West African miner Avocet increased gold output at its Inata mine in Burkina Faso by 20% to 166 744 oz in 2011, topping its production guidance. The London-listed miner lifted production nearly 40% to 46 102 oz in the fourth quarter, from 33 256...

Avocet sells SE Asian assets for $200m

Avocet Mining has signed a binding agreement to sell its assets in Malaysia and Indonesia to privately-held J&Partners for $200-million, the firm said on Friday. The Aim- and Oslo Stock Exchange-listed company, which poured the first gold a year...

Avocet expects 165 000 oz/y from Burkina Faso gold mine

Aim- and Oslo Stock Exchange-listed Avocet Mining has increased the forecast gold production at its Inata mine, in Burkina Faso, to 165 000 oz/y up to 2016, up from the previously anticipated 120 000 oz/y up to 2018. The gold miner on Friday...

Burkina Faso mine gives Avocet’s H1 gold output a boost

Aim- and OSE-listed Avocet Mining’s three producing mines had increased output by 74% to 97 747 oz of gold in the six months ended June 30, 2010, compared with the 56 297 oz of gold produced in the six months ended September 2009. The Inata...

Avocet sells Houndé licences in Burkina Faso to Avion

Aim- and OSE-listed Avocet Mining has concluded a definitive agreement with TSX Venture Exchange-listed Avion Gold, which would acquire its Houndé gold exploration licences, in Burkina Faso. Avocet would receive 10,3-million Avion shares in...

Avocet Q1 gold production jumps on Inata output

Avocet Mining said its first-quarter gold production jumped 64% from the year earlier as the first contribution from its Inata mine in Burkina Faso outweighed lower output from South East Asia. "Inata's better than scheduled ramp up means that...

Daily podcast – March 1, 2010

Avocet Mining exports the first gold shipment from its Inata mine to the Rand Refinery for refining; and Hillgrove Resources aims to complete construction at its flagship Kanmantoo copper/gold project early next year.

Avocet sends first gold from Inata to SA for refining

Aim-listed Avocet Mining has exported the first gold shipment from its Inata mine, in Burkina Faso, to the Rand Refinery, in South Africa, for refining. About 11 000 oz of gold had been sent to the Rand Refinery, with which Avocet’s subsidiary...

Gold production at Avocet’s Burkina Faso mine may be delayed

Aim-listed gold-miner Avocet Mining on Monday reported that commercial production at its Inata mine, in Burkina Faso, could be delayed until January 2010, as the mine made changes in its plant design. The company had reported in July this year...

Wega Mining received approaches on possible deal

Oslo-based Wega Mining has been approached by several “industrial mining companies” and has begun talks with these firms on potential transactions, it revealed on Thursday. “These alternatives may entail a sale of parts of, or all of the...