Aureus Mining - New Liberty Process Plant achieves nameplate capacity. Listen to the CEO here

From 1st June 2016:


Aureus Mining set to restart New Liberty in coming days
08:26 01 Jun 2016

Aureus has been negotiating a new repayment schedule with the lenders



Liberia-based gold miner Aureus Mining Inc (LON:AUE, TSE:AUE) has further deferred first repayment of its debts to its lender group until 30 June.

Aureus has been negotiating a new repayment schedule with the lenders after teething problems at its New Liberty mine last year and a tailings issue recently badly disrupted gold production.

Remedial work on the tailings detoxification circuit is nearing completion, said Aureus and it expects to receive permission to re-start processing operations in the coming days after operations were suspended at the start of May.

Mining of ore is continuing, it added.

Philip Whiterow



Also from last Wednesday:

NEW LIBERTY GOLD MINE: DEBT REPAYMENT DEFERRAL (1st June 2016)