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Mining Journal - Avocet lifted by management and strategy change |
Mining Journal, Avocet lifted by management ant strategy change Shares in Avocet Mining plc rose as interim results were not as weak as expected and investors were encouraged about the gold miner's change of strategy under its new chief executive and senior mine management. |
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City AM - Avocet boosted by gold prices |
Gold miner Avocet Mining said yesterday that its quarterly pre-tax profit rose on higher gold prices, but lower production resulted in higher cash cost per ounce produced Profit before tax and exceptionals from continuing operations rose to US$20.8m (£12.8m) from US$12.6m a year ago. |
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On 29 March 2011, the UK Stock Market Awards held its first awards ceremony for UK listed companies. Avocet won the award for the Best Basic Resources Company 2011. The event was sponsored by Shares magazine. |
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