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AVM.L News

Labour problems cause delays for Avocet
20 Jun 2011

Labour problems cause delays for Avocet

Gold miner Avocet Mining reported better-than-expected drilling results from its flagship Inata gold mine in Burkina Faso, but revealed that its drill...

Cluff Gold latest to suffer labour dispute
6 Jun 2011

Cluff Gold latest to suffer labour dispute

Cluff Gold has confirmed that 'an illegal labour dispute' has interrupted production at its Kalsaka mine in Burkina Faso. The West African focused-go...

Avocet reopens mine following 'illegal unrest'
16 May 2011

Avocet reopens mine following 'illegal unrest'

Avocet Mining has resumed operations at one of its mines in Burkina Faso following a labour dispute with employees. It was announced on Friday that "...

Avocet closes mine due to labour dispute
13 May 2011

Avocet closes mine due to labour dispute

Avocet Mining has halted operations at its Inata mine in Burkina Faso due to what the firm called "illegal labour unrest". The gold mining company s...

CLS chief exec builds up stake
10 May 2011

CLS chief exec builds up stake

Richard Tice, chief executive of the property investment group CLS Holdings, has spent more than £250,000 building his stake in the group. He took 40...

Cash costs to increase at Avocet
5 May 2011

Cash costs to increase at Avocet

Gold miner Avocet Mining lost some of its lustre after it warned of mounting cash costs for the rest of this year. Total gold production in the first...

Avocet Mining Indonesian partner files lawsuit
4 Apr 2011

Avocet Mining Indonesian partner files lawsuit

An Indonesian company claiming that Avocet Mining agreed to sell it its southeast Asian assets has filed a lawsuit against the gold miner for proposin...

Avocet triples underlying profit before tax
22 Feb 2011

Avocet triples underlying profit before tax

Gold miner Avocet, one of the giants of AIM, more than doubled gold production in 2010. The company banged out 236,396 ounces at a cash cost of $660 ...