Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAVM.L Share News (AVM)

  • There is currently no data for AVM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BUZZ-Avocet Mining: gains 19 pct as loan eases funding concerns

Wed, 21st Jan 2015 09:59

** Avocet Mining Plc's shares rise as much as 19 pctafter a $1.5 mln loan provides some relief to the gold minerthat cut its production forecast twice last year

** Stock briefly top percentage gainer on the LSE, risingsharply for the second consecutive day

** The funds from an affiliate of Elliott Management, itslargest shareholder with a 27.7 pct stake, will allow the co tomeet its corporate requirements for about three months, while itsearches for longer term funding options

** Avocet, battered by low gold prices, adds thatlimited operations have resumed at its Inata process plant inBurkina Faso, following a crippling labour strike at the mine inDecember

More News
24 Aug 2015 06:38

Avocet Mining cuts 2015 production forecast

Aug 24 (Reuters) - Avocet Mining Plc cut its production forecast for 2015 as the gold miner grappled with a strike at its mine in Burkina Faso. Avocet reported an 11 percent fall in first-half output and said it expected to produce 75,000 to 80,000 ounces of gold in 2015, less than the 86,3

Read more
24 Aug 2015 05:16

Earnings, Trading Statements Calendar - Week Ahead

Read more
21 Aug 2015 14:59

Earnings, Trading Statements Calendar - Week Ahead

Read more
21 Aug 2015 05:17

Earnings, Trading Statements Calendar - Week Ahead

Read more
20 Aug 2015 15:10

Earnings, Trading Statements Calendar - Week Ahead

Read more
20 Aug 2015 05:19

Earnings, Trading Statements Calendar - Week Ahead

Read more
19 Aug 2015 15:07

Earnings, Trading Statements Calendar - Week Ahead

Read more
19 Aug 2015 05:21

Earnings, Trading Statements Calendar - Week Ahead

Read more
18 Aug 2015 15:10

Earnings, Trading Statements Calendar - Week Ahead

Read more
18 Aug 2015 05:10

Earnings, Trading Statements Calendar - Week Ahead

Read more
17 Aug 2015 15:07

Earnings, Trading Statements Calendar - Week Ahead

Read more
4 Aug 2015 11:39

Avocet Mining draws funds to meet corporate needs until end-October

(ShareCast News) - Avocet Mining said it has drawn down $2m in loans to meet its corporate requirements through to the end of October 2015. In a statement, the gold miner said the funding would allow it to continue its business review "while exploring longer term funding options". Shares in the

Read more
4 Aug 2015 09:08

Avocet Mining Draws Down Funds From Third Elliott Loan Facility

Read more
19 Jun 2015 07:27

LONDON BRIEFING: Fidelity Offer For Colt Distracts From Greece

Read more
19 Jun 2015 05:21

AGM, EGM Calendar - Week Ahead

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.