13 Jul 2012 16:15
Avocet Mining Notice of Interim Results 2012
Avocet Mining PLC will be reporting its interim results for the six months to 30 June 2012 on Wednesday 1 August. A presentation for analysts will take place at 9.00am BST at The Andaz Hotel, Bishopsgate Room, 40 Liverpool Street, London, EC2M 7QN.
Participation by way of conference call will be possible. Dial-in details are as follows:
Dial-in number: +44 20 3140 0668
Participant pin code: 811765#
A replay of the conference call will also be available from midday on 1 August 2012, details of which are as follows:Dial-in number: +44 20 3140 0698
Playback pin: 385982#
A live audio webcast will be available at www.avocetmining.com.
For further information please contact
Avocet Mining PLC | Pelham Bell PottingerFinancial PR Consultants | J.P. Morgan CazenoveLead Broker | Arctic SecuritiesFinancial Adviser & Market Maker | SEB EnskildaFinancial Adviser &Market Maker |
Brett Richards, CEOMike Norris, FDAngela Parr, IR | Daniel TholeJoanna Boon | Michael Wentworth-StanleyNeil Passmore | Arne WengerPetter Bakken | Fredrik Cappelen |
+44 20 7766 7676 | +44 20 7861 3232 | +44 20 7588 2828 | +47 2101 3100 | +47 2100 8500 |
Notes to Editors
Avocet Mining PLC is a 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.
In Burkina Faso the Company owns 90% of the Inata Gold Mine. The deposit at Inata currently comprises a Mineral Resource of 3.46 million ounces and a Mineral Reserve of 1.85 million ounces. The Inata Gold Mine poured its first gold in December 2009 and produced 167,000 ounces of gold in 2011.
Other assets in Burkina Faso include eight exploration permits in surrounding the Inata Gold Mine in the broader Bélahouro region. The most advanced of these projects is at Souma, some 20 kilometres from the Inata Gold Mine, where a Mineral Resource of 0.56 million ounces exists.
In Guinea, Avocet owns twelve exploration licenses in the north east of the country. Mineral Resource development has been ongoing since 2005 and the project at Tri-K is the most advanced. Within the Tri-K project, Koulékoun has a Mineral Resource of 1.83 million ounces and Kodiéran of 0.4 million ounces.