Avnel (AVK.TO) resumes gold production at Kalana, Mali
from Commodity Online
Avnel Gold Mining resumes production in Mali
2009-01-10 20:00:00
NEW DELHI:
Avnel Gold Mining has reported that production has resumed at its Kalana mine in Mali following mechanical problems.
The fault that halted production at the mine’s number two shaft has now been fixed and the gold mining firm has restarted the mill on its property having suspended operations in December 2008 in order to mend the winder gearbox.
Covering 387 km sq, the Kalana property is home to the Kalana mine, which produced around 80,000 ounces of gold between 1985 and 1991 and was re-commissioned by Avnel in 2003, with production starting the following year.
Listed on the Toronto Stock Exchange under the ticker AVK, Avnel Gold Mining owns and operates the Kalana exploration permit in Mali through its 80 per cent-owned Somika subsidiary.
