Avocet Mining : Update on the Discussion with SMB Creditors

Avocet Mining PLC, ('the Company')announces today that the standstill agreement between its subsidiary Société des Mines de Bélahouro SA ('SMB') that operates the Inata gold …

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Ex-workers seize gold from Avocet Mining's Inata mine

Gold mining and exploration company Avocet Mining says that the gold shipment was seized on Friday 7 October by bailiffs acting on behalf of ex-workers of Societe des Mines …

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Avocet Mining PLC | Responsibility | Community relations

Since 2010, Avocet has used a foundation to act as the vehicle for its community based projects in Burkina Faso. The Fondation Avocet pour le Burkina ('FAB') is governed by representatives of Avocet, Avocet's local subsidiary SMB and local community leaders. Inata's Community Relations department manages the day to day running of FAB.

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Avocet Mining

Avocet Mining PLC (Avocet) is a West African gold mining and exploration company. The Company operates the Inata gold mine in Burkina Faso and has exploration projects in Burkina Faso and Guinea. Its segments include the UK; Burkina Faso, which includes the Inata mine, as well as exploration activity within the Belahouro license area, and ...

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Avocet shares fall 26% as it considers options for SMB …

The share price of LSE-listed Avocet Mining fell by 26% on Monday morning, after the company announced that it was considering filing for insolvency of its Société des Mines de Bélahouro …

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Standstill agreement agreed with Inata's major creditors

Avocet Mining PLC, ('Avocet' or 'the Company') is pleased to announce today that its subsidiary Société des Mines de Bélahouro SA ('SMB') that operates the Inata gold mine in Burkina Faso, has entered into a standstill agreement with its major trade and financial creditors — a key milestone in SMB's balance sheet

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Avocet Mining PLC | About | Board of directors

Barry was appointed Non-Executive Director and Chairman of Avocet Mining PLC's Audit Committee in July 2010. He served as a Partner at PricewaterhouseCoopers for 17 years, acting as an advisor and auditor for several large and medium-sized businesses in both the public and private sector before retiring in 2001. He has significant experience in ...

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Avocet Mining : Agreed the sale of its Burkina Faso assets

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 Goldbelt for cash consideration of USD 2,499,999, to be paid at completion, and for a consideration of USD 2.5 million to be satisfied by deferred payments over a period of seven years.

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Two die in attack to Avocet Mining's convoy in Burkina Faso

While Avocet said it would review security measures to ensure the safety of the mine and its employees, shares in the company dropped more than 10% on the news before closing 2.16% lower to 22.17p.

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Avocet Mining | Strategic Gold Exploration and Mining …

Avocet Mining specializes in gold exploration and mining, delivering high-quality mineral resources. ... Update on SMB balance sheet restructuring: PDF (586KB) 11/09/17: Directorate change: PDF (583KB) 08/09/17: Expiry of the Standstill Agreement: PDF (586KB) 04/09/17:

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Sawadogo Justin

Sawadogo Justin Surintendant de la sécurité SMB/Avocet Mining chez SMB/ Avocet Mining

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Avocet announces update on SMB balance sheet restructuring

Sept 25 (Reuters) - AVOCET MINING PLC: * ‍DISCUSSIONS WITH FINANCIAL AND TRADE CREDITORS OF SMB CONTINUE WITH A VIEW TO REACH AGREEMENT ON A CONSENSUAL RESTRUCTURING OF SMB'S BALANCE SHEET

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Avocet Mining PLC | Operations | Guinea

Avocet's main project in Guinea is the Tri-K development project in eastern Guinea, located near to Kankan, Guinea's second largest city. Tri-K consists of several exploration permits covering a total of 490 km 2, including the Koulékoun and Kodiéran gold prospects, and a mining permit. Avocet owns of all exploration permits it holds in ...

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François Joseph N'GATTA BLEY

Joined Societe des Mines de Belahouro (SMB), 90% owned subsidiary of London-based Avocet Mining, initially fulfilled the position of Project Controller, then progressed rapidly into financial management, Finance Manager and then promoted to Deputy General Manager & Head of Finance & Supply Chain in 2015.

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Avocet Mining PLC | About | Management

Management: With over 30 years of experience in gold exploration and the operation of four gold mines within the company, Avocet's executive management team has a track record of converting opportunities into producing assets. Avocet also has an established corporate team based in London, and has built up management teams in Burkina Faso and …

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AVOCET MINING/SMB | Inatan

AVOCET MINING/SMB, Inatan, Lorestan, Iran. 4 likes. Local business

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Hamadou Tambangou

-- · Experience: Avocet mining/SMB.sa · Location: Burkina Faso · 31 connections on LinkedIn. View Hamadou Tambangou's profile on LinkedIn, a professional community of 1 billion members.

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Avocet Mining PLC | About | Careers

Avocet's commitment to becoming a leading West African gold mining and exploration company is underpinned by our core values. These values contribute to the overall success and sustainable development of our business and include: ... Best People Practices that attract and retain the best people for Avocet, ensuring they receive fair and ...

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Avocet Mining PLC | About | History

Avocet was founded in 1995 as a tungsten and gold mining company with operations predominantly in South East Asia. In 1999, the Company decided to divest its tungsten operations to focus solely on gold mining. In 2009, Avocet made the strategic decision to sell its operations in South East Asia to focus on developing its exploration assets in ...

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Update on SMB balance sheet restructuring

Avocet Mining Plc (the 'Company') announces today that — despite the standstill agreement having expired — certain financial and trade creditors (the 'Major Creditors') of its …

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SMB – Société minière de Boké

A pioneer in mining, the Société Minière de Boké is a leading company in the production and export of bauxite. Through our entire chain of operations, we are helping to develop major infrastructure in Guinea. ... Extraction takes place on …

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Avocet Mining PLC | Operations | Geological maps

Avocet Mining Operations Download hi res image: West African Gold Mining Operations Download hi res image : Burkina Faso : Burkina Faso Operations 2012 Download hi res image: Inata Gold Mine, Burkina Faso 2012 Download hi res image: Inata VTEM Survey, Burkina Faso Download hi res image

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Completion of financing discussions and hedge restructure

Avocet Mining PLC *3rd floor 30 Haymarket London SW1Y 4EX *t +44 20 7766 7676 * ... ("SMB"). Key points include: A new loan facility from Elliott of up to US$15 million to fund completion of the Tri-K feasibility study and general corporate activities;

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Avocet Mining PLC | Operations | 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. The mine was …

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Update on SMB balance sheet restructuring

Avocet Mining PLC ("Avocet" or the "Company") is an unhedged 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 per cent of the Inata Gold Mine.

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Marc ouedraogo

Chief Electricity and Instrumentation Maintenance chez SMB / Avocet mining · Experience: SMB / Avocet mining · Location: Burkina Faso · 346 connections on LinkedIn. View Marc ouedraogo's profile on LinkedIn, a professional community of 1 billion members.

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Avocet Mining : Update on the Discussion with SMB Creditors

Update on the Discussion with SMB Creditors and rescheduling of Half-Year Results Avocet Mining PLC, announces today that the standstill...

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Adama Amadou

Magasinier chez SMB/AVOCET MINING · Experience: SMB/AVOCET MINING · Location: Burkina Faso · 8 connections on LinkedIn. View Adama Amadou's profile on LinkedIn, a professional community of 1 billion members.

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Gold miner Avocet to sell Burkina Faso assets

Dec 18 (Reuters) – Struggling miner Avocet Mining Plc said it would sell its assets in Burkina Faso for $5 million to Ghana-based Balaji Group, staving off potential a bankruptcy for its units...

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Albert Hien

Traducteur chez SMB/Avocet Mining · Experience: SMB/Avocet · Education: Université Ouagadougou · Location: Burkina Faso · 1 connection on LinkedIn. View Albert Hien's profile on LinkedIn, a professional community of 1 billion members.

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