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...

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 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...

Avocet lifts quarterly gold output to 28 734 oz

Aim-listed gold-miner Avocet Mining’s output increased to 28 734 oz in the September quarter, boosted by production from the Penjom mine, in Malaysia, and the North Lanut mine in Indonesia. The company’s gold output increased by 3%, when...