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Avocet Mining PLC ("Avocet" or "the Company") announces that bailiffs acting on behalf of ex-workers of Société des Mines de Bélahouro SA ("SMB", owner of the Inata gold mine), who had been laid off following the illegal strike in December 2014, took seizure of a gold shipment containing approximately 1,400 ounces on Friday 7 October 2016.
Electronic communications: As part of our commitment to reducing costs and minimising environmental impact, Avocet has a policy of communicating electronically where possible with its shareholders and investors.
The "Société Minière de Bisunzu" (SMB) is an exploration and mining company with one of the largest Coltan deposits in Africa. We are based in Eastern DR Congo in the territory of Masisi. We exploit Tantalum, Wolframite and Cassiterite.
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Mineral resources and reserves: Burkina Faso: Avocet Mining PLC (Avocet) owns 90% of Société des Mines de Bélahouro SA (SMB), owner of the Inata gold mine. Avocet owns of the exploration permits surrounding the Inata mining licence through its wholly owned subsidiary, Goldbelt Resources (West Africa) SARL.
SMB-SA (WEGA Mining) 22,5 tonnes d'or métal: 60 000: 08 avril 2010: KIERE (Tuy) Burkina Manganèse sarl: 600 000 à 900 00 tonnes de manganèse: 1 393: Avril 2010 Related Mining Plant: smb mining .
25 · Inata Gold Mine: The Inata Gold Mine is 90% owned by Avocet and 10% owned by the Government of Burkina Faso. The mining code of Burkina Faso entitles the state to a 10% ownership of a mining operation on a free carry basis. Avocet acquired its interest in Inata through its acquisition of Wega Mining in June 2009. Get price
Dec 21, 2017· In addition, the transaction involves the novation by Avocet and Wega Mining to the Balaji Group of certain receivables owed to them by SMB and .
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WEGA Thermo Fusion was established in 2010 to serve the mining and process industries with specialized HDPE piping services. With our head office situated in the heart of the coal-mining industries, in the Witbank- Emalahleni Municipal District, we: supply, install and maintain HDPE pipes; have a full product range of plastic welding rods ...
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Dec 19, 2017· Avocet agrees sale of its Burkina Faso assets . ... The transaction with the Balaji Group comprises a sale by Wega Mining AS ("Wega Mining"), a wholly-owned subsidiary of Avocet, of the entire issued share capital of Resolute to Greater Success Global Limited, a member of the Balaji Group for US$1 in cash, pursuant to a share purchase ...
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