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AVM.L News

UPDATE 1-Avocet boosted by mine cost-cutting plan
8 Aug 2013

UPDATE 1-Avocet boosted by mine cost-cutting plan

* New plan for Inata mine to cut production costs to $906/ounce * FD says new plan will help secure refinancing * Q2 pretax loss $21 million vs $2.5 m...

Thursday broker round-up UPDATE
8 Aug 2013

Thursday broker round-up UPDATE

Aquarius Platinum: Investec places its target price (prev.: 46p) under review, while keeping its hold recommendation. Avocet Mining: Canaccord Genuit...

Avocet says new mine plan will cut costs after Q2 loss
8 Aug 2013

Avocet says new mine plan will cut costs after Q2 loss

LONDON, Aug 8 (Reuters) - Africa-focused Avocet Mining said a new plan for its Inata mine in Bukina Faso would cut costs as it posted a $21 million p...

Avocet to raise financing to pay back Elliott loan
17 Jun 2013

Avocet to raise financing to pay back Elliott loan

* Avocet prefers to raise debt financing * Company can't rule out issuing equity By Stephen Eisenhammer LONDON, June 17 (Reuters) - Africa-focused Avo...

STOCKS NEWS EUROPE-UK small caps close down 0.4 pct
2 May 2013

STOCKS NEWS EUROPE-UK small caps close down 0.4 pct

UK small caps close down 0.4 percent, underperforming a rise of 0.2 percent on the blue chips, but doing better than the mid-caps, which fall 0.7 perc...

STOCKS NEWS EUROPE-UK small caps flat, outperform blue chips
2 May 2013

STOCKS NEWS EUROPE-UK small caps flat, outperform blue chips

UK small caps trade flat, outperforming the mid-caps, down 0.9 percent, and the blue chips, down 0.1 percent. Avocet Mining sheds 9 percent as concern...

Avocet sticks to guidance but cost worries spook shares
2 May 2013

Avocet sticks to guidance but cost worries spook shares

LONDON, May 2 (Reuters) - Concerns about cash burn and a weak gold price outweighed broadly in-line first quarter gold production at West-Africa focus...

Shanta Gold hedges half of its forecast 2013 output
29 Apr 2013

Shanta Gold hedges half of its forecast 2013 output

LONDON, April 29 (Reuters) - Shanta Gold, the East Africa-focused miner, said it hedged almost half of its forecast 2013 production, joining a growing...