E Clark
- 07 Mar 2011 10:45
Cluff Gold suspends mine over Ivory Coast violence
07 Mar 2011 07:39
Source: reuters // Reuters
* On care and maintenance until political stability returns * Mine had aimed to produce 25,000 ounces of gold this year
* Says bigger operations in Burkina Faso on target
LONDON, March 7 (Reuters) - British miner Cluff Gold Plc has suspended operations at its Angovia mine in Ivory Coast due to shortages of fuel, explosives, cement and cyanide and will not reopen it until political stability returns.
Ivory Coast has been in turmoil since a disputed November election that threatens to rekindle the West African state's 2002-03 civil war, and has already drastically cut exports from the world's top cocoa grower. [ID:nLDE70N1TU] [ID:nLDE7250EB]
deputy
- 11 Apr 2011 15:47
- 11 of 14
cynic i agree but its a step in the right direction
cynic
- 11 Apr 2011 15:50
- 12 of 14
i was quite tempted by these a couple of days back, but the whole IC infrastructure is now shot to pieces and no basic materials available for mining or anything else ...... as a result, i backed off
aldwickk
- 31 May 2011 09:40
- 13 of 14
Bought some of these today , Tom W seems bullish about them.
aldwickk
- 08 Jun 2011 08:13
- 14 of 14
June 8, 2011
Cluff Gold: Kalsaka Resumption Update
LONDON, UNITED KINGDOM--(Marketwire - June 8, 2011) - Cluff Gold plc (AIM:CLF)(TSX:CFG) ("Cluff Gold" or the
"Company"), the dual AIM/TSX listed West African focused gold mining company, is pleased to announce that it
has amicably settled the labour dispute at its Kalsaka mine in Burkina Faso.
Normal operations resumed on 7 June 2011 and the temporary disruptions have not affected the Company's annual
production guidance of 70,000 ounces from Kalsaka in 2011.
Peter Spivey, Chief Executive Officer of Cluff Gold, commented:
"We are delighted that the salary negotiations at our Kalsaka mine have been favourably concluded with no
impact on our production guidance for the mine for 2011. In the current robust gold price environment, the
operations at Kalsaka are an important source of finance for the Company's exploration activities in Burkina
Faso and Cote d'Ivoire, as well as providing sufficient cash resources to fund the feasibility study and along
strike exploration programmes at our Baomahun project in Sierra Leone."
About Cluff Gold
Cluff Gold is a gold developer-producer with assets in West Africa. The Company remains focused on its
objective of becoming a mid-tier producer through the development of its wholly-owned Baomahun project in
Sierra Leone, which is expected to contribute an additional 157,000oz of gold per annum, with significant
exploration potential along strike. With its experience of bringing new mines into production and a project
pipeline of exploration licences, the Company aims to further increase its production profile with its highly
prospective exploration work across all assets.
This press release includes certain "forward-looking information" within the meaning of applicable Canadian
securities legislation. All statements other than statements of historical fact, included in this release,
including, without limitation, statements regarding potential outcome and impact of labour discussions and
disruptions at Kalsaka, including impact on future production, are forward-looking information that involve
various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and
actual results and future events could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from Cluff Gold's expectations include, among
others, risks related to international operations, the actual results of current exploration and drilling
activities, changes in project parameters as plans continue to be refined as well as future price of gold and
the time necessary to resolve current labour discussions. Although Cluff Gold has attempted to identify
important factors that could cause actual results to differ materially, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can be no assurance that such statements will
prove to be accurate as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking statements. Cluff Gold does
not undertake to update any forward-looking statements that are included herein, except in accordance with
applicable securities laws.
Peter Spivey is a "Qualified Person" within the definition of National Instrument 43-101and has reviewed and
approved the information contained within this announcement. Mr Spivey (BSc, AusIMM) is the Chief Executive
Officer of the Company.