Overview
Amara Mining Plc : AMA is developing the Yaoure Gold Project in Côte d’Ivoire, which has the potential to be one of the largest gold mines in Africa. Yaoure’s costs are also expected to be among the bottom 5 in Africa, generating strong economic returns and remaining robust even if the gold price were to fall to US$1,000 per ounce. Amara delivered a Pre-Feasibility Study for Yaoure in Q2 2015 and expects a Bankable Feasibility Study in 2016. The Company has a second strong growth opportunity in the Baomahun Gold Project and Amara has the largest resource base of any London-listed junior gold miner.
The parent organization’s website can be found here.
News
-
24 Nov 2015 1 min read
Amara significantly increases ounces and grade in resources at Yaoure
Amara Mining has increased M&I gold resources at its Yaoure project, in Côte d’Ivoire, by 17% (739 koz) to 5.2 Moz at a 19% higher grade of 1.54 g/t gold (using a cut-off of 0.5 g/t). Furthermore the company has increased the confidence in resources at the project by increasing the percentage of M&I resources […]
-
18 Aug 2015 1 min read
Amara declares maiden reserve containing 2.7 Moz of gold at Yaoure
Amara Mining has declared a maiden reserve of 70.4 Mt at a grade of 1.18 g/t for 2.7 Moz for its Yaoure project, in Côte d’Ivoire. The company determined the reserve as part a pre-feasibility study, which it completed in Q2 2015, and it is based on a US$975/oz pit shell. The reserves form part […]
