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AUEMon, 02nd Dec 2013 16:02
(ShareCast News) - Aureus Mining announced on Friday that it has conditionally raised approximately $72m via an equity fundraising to finance its transition to an owner-operator mining model, repay amounts due to Nedbank and FirstRand Bank, and to strengthen its balance sheet. The AIM-traded firm sa
Read more(ShareCast News) - Gold production at Aureus Mining has continued to be hindered by breakdowns, mechanical issues and low equipment availability at the processing plant at its New Liberty mine in Liberia and with just $4.2m cash left at the end of the second quarter new management admitted the compa
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(ShareCast News) - Aureus Mining has secured equity financing of $30m with MNG Gold Jersey, which it said will strengthen the balance sheet and fund working capital as it completes the restart of the processing plant at the New Liberty gold mine in Liberia. The $30m equity investment at 3.21p per sh
Read more(ShareCast News) - West African gold producer Aureus Mining announced a fresh deferral to its debt repayments on Wednesday, allowing it more time to get its gold processing plant running. The AIM and TSX-traded firm said it has received approval from Nedbank, Rand Merchant Bank and the Export Credit
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