Avocet, which owns 90% of SMB, which, in turn, owns the Inata mine, said in a statement on Monday that the legal basis for the seizure was, according to representatives of the former employees, a ...

Electronic communications: As part of our commitment to reducing printing costs and minimising environmental impact, Avocet has a policy of communicating electronically where possible with its shareholders and investors.

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Avocet Mining PLC (“Avocet” or the “Company”) is a gold mining and exploration company listed on the London Stock Exchange ... The protracted restructuring process caused by continuing disagreement among the creditors, the deteriorating security situation ... subsidiary Société des Mines de Bélahouro SA (‘SMB’) that operates the ...

Following the recent seizure of a gold shipment at the Avocet Mining Inata mine, no further shipments have been made and operations have been temporarily suspended.On 24 October 2016, a hearing was held at which Avocet Mining, the West African gold miner, challenged the legality of the gold seizure, and requested its lifting.

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Since Avocet began negotiations with the creditors of Société des Mines de Bélahouro S.A. (“SMB”) in April 2017, it has pursued a consensual ... Avocet Mining PLC (“Avocet” or the “Company”) is an unhedged gold mining and exploration company ... Title: Avocet has agreed the sale of its Burkina Faso assets Created Date ...

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In addition, the transaction involves the novation by Avocet and Wega Mining to the Balaji Group of certain receivables owed to them by SMB and Goldbelt for cash consideration of USD 2,499,999, to be paid at completion, and for a consideration of USD 2.5 million to be satisfied by deferred payments over a period of seven years.

Avocet Mining PLC ("Avocet" or the "Company") is an unhedged gold mining and exploration company listed on the London Stock Exchange (ticker: AVM.L) and the Oslo Børs (ticker: AVM.OL). The Company's principal activities are gold mining and exploration in West Africa.

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On attend de cette mine au moins 120 000 onces d'or par an pour répondre favorablement aux besoins des sociétés minières travaillant au Burkina Faso La Société des Mines de Bélahouro SA (SMB SA) est une société de droit burkinabè détenue conjointement par Avocet Mining …

Avocet Mining PLC | Home . Avocet is a focused West African gold mining and exploration company with its primary operations in Burkina Faso and Guinea. The company is listed on the London Stock ...

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In addition, the transaction involves the novation by Avocet and Wega Mining to the Balaji Group of certain receivables owed to them by SMB and Goldbelt for cash consideration of USD 2,499,999, to ...

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Since Avocet began negotiations with the creditors of Société des Mines de Bélahouro S.A. ("SMB") in April 2017, it has pursued a consensual restructuring. The Company announced on 2 October 2017 that discussions with two potential investors were ongoing, each proposing transactions contingent on a compromise with SMB's creditors.

Aug 19, 2011· In my correspondence with Angela Parr, Investor Relations Manager at Avocet Mining Ltd, she has been keen to stress that safe delivery of cyanide was part of Samsung’s contract and nothing to do with SMB (the Inata mining company, of which Avocet owns 90%).

Management of SMB (Société des Mines de Belahouro), a subsidiary of Avocet Mining Plc, operating the Inata Gold Mine, gave a press briefing on Monday, December 15 in Ouagadougou to inform about the situation on the mine site.

On 18 December 2017, Avocet Mining plc announced that it had entered into an agreement to sell all of its subsidiaries in Burkina Faso, including the Inata goldmine, together with certain receivables of the Company’s group to the Balaji Group for a total consideration of USD 5 million (the “Sale”).

Avocet Mining PLC ("Avocet" or "the Company") today announces production and cash costs for the third quarter of 2016 from the Inata gold mine and that operations at Inata have been suspended from today. -- Total gold production at Inata for the quarter was 17,694 ounces at a cash cost of US$1,047 ...

Avocet began negotiations with the creditors of Société des Mines de Bélahouro S.A. (SMB) in April 2017, and has since pursued a consensual restructuring. On 2 October 2017 Avocet announced that discussions with two potential investors were ongoing, each proposing transactions contingent on a compromise with SMB’s creditors.

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Avocet Mining PLC (“Avocet” or the “Company”) is a gold mining and exploration company listed on the London Stock Exchange ... the Company’s subsidiary Société des Mines de Bélahouro SA (‘SMB’) that operates the Inata gold mine in Burkina Faso about the ... SMB and Wega Mining AS and the future of Avocet’s stake in the ...

West Africa-focused Avocet Mining said Wednesday that two paramilitary police officers were killed and other two suffer injuries after unknown aggressors assaulted a convoy carrying fuel to its ...

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