Kurs & Likviditet
Beskrivning
Land | Storbritannien |
---|---|
Lista | OB Standard |
Sektor | Råvaror |
Industri | Gruvdrift & metaller |
2016-12-20 08:00:00
Further to the announcement on 25 November, Avocet Mining PLC ("Avocet" or "the Company") announces that the court hearing scheduled for Monday 19th December in Ouagadougou, to determine the legality of the seizure of the gold shipment in October 2016 on behalf of certain ex-workers, has been postponed for at least a two week period. However, in the meantime, the Company remains hopeful that a settlement will be reached with the ex-employees which will result in the seized gold being released. The shipment (#314) comprised approximately 1,400 oz of gold and the cash realised from the sale of that gold will be used to pay the settlement which is being negotiated and agreed between the parties. Inata Mine resumed operation in late November and regular shipments are proceeding as normal. Further updates will be provided in due course.