Avocet Mining PLC (AVM.L)
17 Oct 2017
DAKAR, Sept 27 Unknown attackers killed two paramilitary police officers and wounded two others in an assault on a convoy carrying fuel to the Inata gold mine in northern Burkina Faso, Avocet Mining Plc said on Wednesday.
* A CONVOY CARRYING FUEL TO INATA MINE WAS SUBJECT TO A SECURITY INCIDENT WHICH RESULTED IN TWO FATALITIES AND TWO WOUNDED FROM AMONG GENDARME ESCORT
* DISCUSSIONS WITH FINANCIAL AND TRADE CREDITORS OF SMB CONTINUE WITH A VIEW TO REACH AGREEMENT ON A CONSENSUAL RESTRUCTURING OF SMB'S BALANCE SHEET
Sept 11 The boards of West Africa-focused Avocet Mining and its Societe des Mines de Belahouro (SMB) subsidiary will resume talks on Friday aimed at saving the struggling gold operation from insolvency.
Sept 4 Avocet Mining said on Monday its subsidiary Societe des Mines de Belahouro (SMB), which operates the Inata gold mine in Burkina Faso, may file for insolvency after a loan repayment freeze with its creditors expired.
Sept 4 Gold miner Avocet Mining Plc said on Monday it will consider filing for insolvency of its subsidiary Societe des Mines de Belahouro (SMB), which operates the Inata gold mine in Burkina Faso, after the unit's standstill agreement with its creditors expired.
LONDON, May 18 Mining and commodities trading group Glencore is jumping into Mexico's recently opened energy sector, one of the hottest investment tickets in the industry, by setting up a retail station franchise and fuel supply deal with local group Corporacion G500 SAPI (G500), it said on Thursday.