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Avnel Gold Mining Limited

22 Smith Street
St. Peter Port, Guernsey
Channel Islands, GY1 2JQ
United Kingdom
PH: 44 (1481) 741562
Fax: 44 (1481) 711052
Visit Avnel Gold Mining Limited Website or Request Quote for Further Information

Primary Activity

Mining Company

Company Background

Avnel Gold Mining Limited owns and operates the Kalana Exploitation Permit in Mali through its 80% owned Malian subsidiary, SOMIKA. Avnel completed an IPO in June 2005 and is listed on the Toronto Stock Exchange (Ticker: AVK).

The Kalana Exploitation Permit covers an area of 387 sq. kilometres on which the Kalana Mine is located. The Kalana Mine produced approximately 80,000 ounces in the period 1985-1991. SOMIKA re-commissioned the mine and plant facilities in 2003 and gold production commenced in 2004. To mid 2009 100,000 ounces have been recovered from the underground mine.

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