Avocet Mining Plc ("Avocet" or the "Company") announces today that, at the
request of the Balaji group of companies (the "Balaji Group") completion of the
sale of Resolute (West Africa) Limited ("Resolute") to the Balaji group, as
announced by the Company on 18 December 2017, has been deferred by five days to
30 January 2018.

On 18 December 2017, the Company announced that it had entered into an agreement
to sell all of its assets in Burkina Faso, including the Inata goldmine,
together with certain receivables of the Company's group to the Balaji Group for
a total consideration of USD 5 million (the "Sale"). Completion of the Sale was
expected to occur on 11 January 2018. 

As announced on 11 January 2018, completion of the Sale was deferred to 25
January 2018, at the request of the Balaji Group pending its discussions with a
creditor of Resolute. Against this background, Balaji has requested a further
deferral of completion of the Sale by five days to 30 January 2018 to be able to
finalise an agreement with this creditor.

The terms and conditions of the Share Purchase Agreement, as set out in the
announcements of 18 December 2017 and 11 January 2018, have not been materially
changed, other than to reflect the deferral of the Completion Date.



FOR FURTHER INFORMATION PLEASE CONTACT
Avocet Mining PLC	 	
Boudewijn Wentink, CEO
Yolanda Bolleurs, CFO
+44 20 3709 2570

Blytheweigh
Financial PR	
Tim Blythe
Camilla Horsfall
Megan Ray
+44 207 138 3204

J.P. Morgan Cazenove
Corporate Broker
Michael Wentworth-Stanley
+44 20 7742 4000


NOTES TO EDITORS

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.