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Avesoro Resources Inc (ASOA.L)

ASOA.L on London Stock Exchange

89.00GBp
16 Jul 2019
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2.70 (+3.13%)
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Latest Key Developments (Source: Significant Developments)

Avesoro Resources Reports Consolidated Gold Production Of 34,338 Ounces In Qtr, Bringing H1 2019 Gold Production To 79,435 Ounces
Wednesday, 10 Jul 2019 

July 10 (Reuters) - Avesoro Resources Inc ::AVESORO RESOURCES Q2 2019 PRODUCTION UPDATE.AVESORO RESOURCES INC - CONSOLIDATED GOLD PRODUCTION OF 34,338 OUNCES IN QUARTER, BRINGING H1 2019 GOLD PRODUCTION TO 79,435 OUNCES.AVESORO RESOURCES INC - NEW LIBERTY GOLD PRODUCTION OF 18,822 OUNCES IN QUARTER, A 27% DECREASE ON Q1 2019.AVESORO RESOURCES INC - YOUGA GOLD PRODUCTION OF 15,516 OUNCES IN QUARTER, A 19% DECREASE ON Q1 2019.AVESORO RESOURCES INC - TOTAL MATERIAL MOVEMENT OF 12.3MT IN QUARTER, A 7% DECREASE ON Q1 2019.  Full Article

Avesoro Resources Qurterly Consolidated Gold Production Of 34,338 Ounces
Wednesday, 10 Jul 2019 

July 10 (Reuters) - Avesoro Resources Inc ::AVESORO RESOURCES INC - CONSOLIDATED GOLD PRODUCTION OF 34,338 OUNCES IN QUARTER.AVESORO RESOURCES INC - NEW LIBERTY GOLD PRODUCTION OF 18,822 OUNCES IN QUARTER, A 27% DECREASE ON Q1 2019.AVESORO RESOURCES INC - REITERATE REVISED 2019 PRODUCTION GUIDANCE OF 180,000 TO 200,000 OUNCES OF GOLD.  Full Article

Avesoro Resources Says Mining And Processing Operations Restart At Youga
Monday, 17 Jun 2019 

June 17 (Reuters) - Avesoro Resources Inc ::AVESORO RESOURCES - MINING AND PROCESSING OPERATIONS RESTART AT YOUGA.AVESORO RESOURCES INC - NEGOTIATIONS HAVE NOW SUCCESSFULLY CONCLUDED BETWEEN ORKUN AND FORMER EMPLOYEES OF OPEN PIT MINING DEPARTMENT.AVESORO RESOURCES - BOTH OPEN PIT MINING AND GOLD PROCESSING PLANT OPERATIONS HAVE NOW RESTARTED AT YOUGA GOLD MINE IN BURKINA FASO.AVESORO RESOURCES INC - REAFFIRM REVISED 2019 PRODUCTION GUIDANCE OF 180,000 TO 200,000 OUNCES OF GOLD.AVESORO - ASSESSING PROJECT OPTIMISATION OPTIONS, INCLUDING ORE SORTING AND HEAP LEACH SCENARIOS AT BOTH NEW LIBERTY AND YOUGA.  Full Article

Avesoro Resources Inc Sees 2019 Operating Cash Costs Between $889 To $960 Per Ounce Sold
Monday, 10 Jun 2019 

June 10 (Reuters) - Avesoro Resources Inc ::AVESORO RESOURCES INC. OPERATIONAL AND GUIDANCE UPDATE.AVESORO RESOURCES - HAVE IMPLEMENTED INITIATIVE TO TRANSITION BOTH YOUGA, NEW LIBERTY TO CONTRACTOR MINING TO FURTHER REDUCE MINING COST AT BOTH MINES.AVESORO RESOURCES - AS PART OF YOUGA, NEW LIBERTY TRANSITION HAVE SEEN TEMPORARY REDUCTION IN OPERATING PERFORMANCE & ASSOCIATED INEFFICIENCIES.AVESORO RESOURCES INC - AT YOUGA, TRANSITION HAS RESULTED IN OPEN PIT MINING FLEET OPERATORS REFUSING TO WORK.AVESORO RESOURCES - IF SITUATION AT YOUGA IS NOT RESOLVED ON OR BEFORE JUNE 12, 2019 GOLD PRODUCTION AT YOUGA WILL BE TEMPORARILY SUSPENDED.AVESORO - PLANNED TRANSITION TO CONTRACTOR MINING AT NEW LIBERTY ALSO DISRUPTED MINING ACTIVITIES AND GOLD PRODUCTION.AVESORO RESOURCES - NEW LIBERTY DISRUPTION HAS LEAD TO PRODUCTION MATERIALLY DEVIATING FROM BUDGET IN APRIL AND MAY.AVESORO RESOURCES INC - PRODUCTION GUIDANCE FOR 2019 HAS BEEN REDUCED TO 180,000 - 200,000 OUNCES.AVESORO RESOURCES - IF STOPPAGE IN MINING OPERATIONS AT YOUGA IS RESOLVED QUICKLY, EXPECT FUNDING SHORTFALL OF BETWEEN $25 MILLION TO $30 MILLION LATER THIS YEAR.AVESORO RESOURCES - SEES 2019 OPERATING CASH COSTS BETWEEN $889 TO $960 PER OUNCE SOLD.AVESORO RESOURCES - SEES 2019 AISC BETWEEN $1,152 TO $1,248 PER OUNCE SOLD.  Full Article

Avesoro Resources Reports Qtrly Results
Wednesday, 15 May 2019 

May 15 (Reuters) - Avesoro Resources Inc ::AVESORO RESOURCES INC. - FINANCIAL RESULTS FOR THE QUARTER ENDED 31 MARCH 2019.AVESORO RESOURCES - Q1 GOLD PRODUCTION OF 45,098 OUNCES FROM NEW LIBERTY GOLD MINE IN LIBERIA ("NEW LIBERTY") AND YOUGA GOLD MINE IN BURKINA FASO.AVESORO RESOURCES INC - QTRLY REVENUES OF US$59.9 MILLION, AN INCREASE OF 4% QUARTER ON QUARTER.AVESORO RESOURCES INC - AS AT MARCH 31, 2019, COMPANY HAD CASH AND CASH EQUIVALENTS OF $9.3 MILLION AND NET CURRENT LIABILITIES OF $15.5 MILLION.  Full Article

Avesoro Resources Q1 Loss Per Share $0.15
Wednesday, 15 May 2019 

May 15 (Reuters) - Avesoro Resources Inc ::Q1 COMPANY REVENUES OF US$59.9 MILLION, AN INCREASE OF 4% QUARTER ON QUARTER.Q1 LOSS PER SHARE $0.15.  Full Article

Avesoro Resources Inc Provides Q1 2019 Production Update
Thursday, 11 Apr 2019 

April 11 (Reuters) - Avesoro Resources Inc ::AVESORO RESOURCES INC. - Q1 2019 PRODUCTION UPDATE.AVESORO RESOURCES INC - PRELIMINARY CONSOLIDATED GOLD PRODUCTION OF 45,098 OUNCES IN QUARTER.AVESORO RESOURCES INC - ANNUAL GROUP GUIDANCE OF 210,000 TO 230,000 OUNCES IS MAINTAINED.  Full Article

Avesoro Resources Says Consolidated Gold Production Of 45,098 Ounces In Quarter
Thursday, 11 Apr 2019 

April 11 (Reuters) - Avesoro Resources Inc ::AVESORO RESOURCES INC - CONSOLIDATED GOLD PRODUCTION OF 45,098 OUNCES IN QUARTER.AVESORO RESOURCES INC - NEW LIBERTY GOLD PRODUCTION OF 25,855 OUNCES IN QUARTER, A 5% INCREASE ON Q4 2018.AVESORO RESOURCES INC - YOUGA GOLD PRODUCTION OF 19,243 OUNCES IN QUARTER, A 6% REDUCTION ON Q4 2018.AVESORO RESOURCES INC - TOTAL MATERIAL MOVEMENT OF 13,201KT IN QUARTER, A 19% INCREASE ON Q4 2018.AVESORO RESOURCES INC - ANNUAL GROUP GUIDANCE OF 210,000 TO 230,000 OUNCES IS MAINTAINED.AVESORO RESOURCES INC - EXPECT YOUGA TO CONTRIBUTE BETWEEN 90,000 - 100,000 OUNCES IN FY.  Full Article

Avesoro Resources Says Qtrly Total Gold Production Of 68,088 Ounces
Monday, 9 Apr 2018 

April 9 (Reuters) - Avesoro Resources Inc ::TOTAL GOLD PRODUCTION IN QUARTER OF 68,088 OUNCES, IN LINE WITH 2018 PRODUCTION GUIDANCE.ON TRACK TO MEET 2018 PRODUCTION GUIDANCE OF 220,000 TO 240,000 OUNCES OF GOLD.  Full Article

Avesoro Resources Inc. - ‍Annual Gold Production Guidance For 2018 Of 220,000 To 240,000 Ounces Of Gold​
Monday, 5 Mar 2018 

March 5 (Reuters) - Avesoro Resources Inc ::AVESORO RESOURCES INC. - FINANCIAL HIGHLIGHTS FOR THE THREE MONTHS AND FULL YEAR ENDED 31 DECEMBER 2017.AVESORO RESOURCES INC - ‍TOTAL COMPANY REVENUES FOR QUARTER INCREASED QUARTER ON QUARTER BY 31% TO $33.3 MILLION​.AVESORO RESOURCES -‍ ANNUAL GOLD PRODUCTION GUIDANCE FOR 2018 OF 220,000 TO 240,000 OUNCES OF GOLD​.AVESORO RESOURCES INC - ‍APPROVED US$25.0 MILLION EXPLORATION PROGRAMME FOR 2018​.AVESORO RESOURCES INC QTRLY ‍NEW LIBERTY GOLD PRODUCTION 25,563 OZ, UP 29 PERCENT FROM Q3 2017​.  Full Article