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7/19/2012 · Ampella Mining Ltd announced on January 20 that it would raise $2 million before costs through an underwritten issue of new shares at 6c with free attaching options on a 1for2 basis. The funds will be used to accelerate exploration on Ampella''s new
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3/23/2012 · Ampella Mining Ltd (AMX) is an emerging, near term gold producer in Burkina Faso, with current projects loed at Batie West such as Konkera, Doubema and Foumbiri. AMX currently has 3.1Moz (Million ounce) resources (JORC compliant) in Konkera while it has two new discoveries at Doubema and Foumbiri.
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Ampella Mining has more work to do to boost project economics despite an increase in global resources at its owned Batie West gold project in Burkina Faso. The JORC global resource at Batie West has risen 6% to 3,253,000oz (59.2Mt at 1.7g/t, 0.5g/t cutoff), but Ampella says it won''t finalise its prefeasibility study until it identifies
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Media and Press Releases : Ampella Mining Limited(AMX.AX) • Ampella Mining Limited is an Australiabased company engaged in the discovery and development of zinc and gold deposits in the Birimian stratigraphy of Burkina Faso. The Company has secured four tenements totaling 937 square kilometers. •
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3/31/2012 · Assays results from their aggressive $30mil exploration program in addition to the likely upgrade of its resources will further lift Ampella''s share price. With the resources, cash and progress that Ampella has right now, its market cap should be more than $400mil, or $1.75 per share.
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Shares in Africanfocused company Ampella Mining (ASX: AMX) have jumped 4.5% after the company announced the final gold assays from the Phase 3 drill program at its Batie West Gold Project in Burkina Faso, confirming the existence of a new gold zone at Konkera East. During the afternoon, the company was trading 2.5c higher at 58.5c.
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That Ampella closed on Friday at 29¢ for a market cap of about $38 million tells you that the drilling program did come up trumps. At the Konkera Main prospect within the Batie West ground, every
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Egyptian gold miner Centamin has taken control of Australian explorer Ampella Mining after its takeover secured more than half of Ampella''s shares.3 Centamin nominees, including chairman Josef ElRaghy, have been appointed to the board now the 1for5 bid, backed by the Ampella board, has passed 50% and been declared unconditional. 3 Ampella directors have resigned.
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Nordgold (LSE: NORD) is an internationally diversified, lowcost gold producer with 9 operating mines, 2 development projects and 4 advanced exploration projects in Burkina Faso, Guinea, Russia, Kazakhstan, French Guiana and Canada.
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Tango Petroleum (TNP) has a 17.5 per cent stake, and it felt the brunt of market anger: down 59 per cent on the day, down another 14 per cent on Thursday and a further 8.1 per cent to finish the
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7/19/2012 · Ampella Mining Ltd announced on January 20 that it would raise $2 million before costs through an underwritten issue of new shares at 6c with free attaching options on a 1for2 basis. The funds will be used to accelerate exploration on Ampella''s new
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