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Avocet Mining Burkina Faso. Sept 11 Reuters The boards of West Africafocused Avocet Mining and its Societe des Mines de Belahouro SMB subsidiary will resume talks on Friday aimed at saving the struggling gold operation from insolvency SMB which operates the Inata gold mine in Burkina Faso is is struggling to keep the . Read More
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Gold miner Avocet Mining Plc said on Monday it will consider filing for insolvency of its subsidiary Societe des Mines de Belahouro (SMB), which operates the Inata gold mine in Burkina Faso, after ...
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Avocet Mining PLC | Operations | Burkina Faso
The mining code of Burkina Faso entitles the state to a 10% ownership of a mining operation on a free carry basis. Avocet acquired its interest in Inata through its acquisition of Wega Mining in June 2009. The mine was commissioned that year and first gold was poured in December 2009. The current mine licence extends to 2027.
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Avocet Mining PLC | Contact
Burkina Faso office: Avocet Mining PLC 5th Floor 15 Old Bailey London EC4M 7EF England t +44 (0)20 3709 2570 [email protected]. Avocet Mining SMB (Société des Mines de Bélahouro S.A.) Rue 22.29 Porte C01 Secteur 22 Zone du Bois,01 BP 3422 Ouagadougou 01 Burkina Faso,West Africa t +226 25 36 04 60 [email protected]. Investor Relations : t +44 (0)20 3709 2570 ir@avocetmining…
Major Mines & Projects | Inata Mine
06.09.2019 · 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”). Completion of the Sale took place on 8 February 2018.