alecto minerals acquires mali gold assets from african mining

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* Alecto Minerals Plc entered into a binding deal to sell its interest in the noncore Kossanto East property, part of its Kossanto gold project in Mali, to Ashanti Gold Corp. for C$1 million. * De Grey Mining Ltd. commenced a secondary listing of its shares on the Frankfurt Stock Exchange to expand its European investor base.

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Alecto 'on track'in Burkina Faso » ShareProphets

Africa-focused Alecto Minerals (ALO) says it is 'on track' to establish a maiden resource estimate this year for the Kerboule gold prospect in West Africa's Djibo gold belt in northern Burkina Faso, while the AIM-quoted company actively canvasses prospective partners for its Kossanto project in Mali, potentially hosting more than 500,000 oz. of gold. Alecto, which also has joint ventures ...

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Anglo-African Minerals plc, China Rail Group Limited, Sinofortone Group, Strand Hanson Limited ... Milestone acquisition payment by Alecto Minerals PLC. Ethiopia. 19 Jun 2012. Madagascar Oil Limited. ... a South Africa gold mining group. South Africa. 19 Jun 2010. Madagascar Oil Limited. £50.5m placing and Admission to AIM. Madagascar.

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Alecto Minerals Plc | LinkedIn

Mali: The Kossanto Gold Project in Mali is the Company's major direct investment focus at present. The JORC compliant resource estimate has increased by 133% since Alecto acquired it. With...

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Kaizen Discovery Announces Sale of 100% Stake in Kerboule Gold ... - Yahoo!

The agreement also provides that Alecto will issue to Kaizen a further US$1.5 million in Alecto shares or cash (at Alecto's election), if any of the following occur: Alecto announces a JORC Inferred Resource or an equivalent resource estimate of a minimum of one million ounces of gold at a minimum cut-off of 0.5 grams per tonne (g/t) gold at ...

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He has served on a number of boards in the mining and mining services sectors, including Sylvania Platinum where he has been a non-executive director since 2011, chairing the Remuneration Committee and the Audit Committee. He was appointed a non-executive director of Alecto Minerals plc in June 2017.

Alecto appoints West Africa-based operation director - Mining Weekly

Aim-listed Alecto Minerals has appointed operations manager Dominic Doherty the company's operations director, with immediate effect. The West and East Africa-focused explorer added in a ...

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On 4 October 2013, the Group acquired AME West Africa Limited which, via its wholly owned subsidiary, Caracal Gold Mali SARL, owns gold and related minerals exploration licences in Mali. With the exception of one licence area which is in the process of being renewed, these licences have been recently renewed and include commitments to pay ...

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Alecto Minerals completes acquisition of AME West Africa

Alecto Minerals completes acquisition of AME West Africa | Financial News

Alecto raises capital to bring Zambia gold mine on stream

JOHANNESBURG (miningweekly) - Africa -focused gold and base metals exploration company Alecto Minerals has raised £665 000 through a share placement to provide the company with additional...

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alecto minerals | Mining News

Alecto Minerals has announced positive results from trenching and soil sampling at Gourbassi East at its Kossanto gold project. Alecto has made a swift start to exploration following the acquisition of the Malian assets and the appointment of the...

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Alecto signs deal with Randgold, Harmony's ... - International Mining

alecto minerals, the africa-focused gold and base metal exploration and development company, has announced that caracal gold mali, its wholly owned subsidiary, has entered into a joint venture agreement with randgold resources (mali) for the exploration and development of alecto's 137 km 2 kossanto west gold project in western mali comprising the .

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Previously trading as African Mining and Exploration the company changed its name to Savannah Resources in October 2013. ... the Board felt it strategically practical and financially beneficial to divest a number of the Company's Malian assets to AIM listed Alecto Minerals Plc in August 2013 in return for what is now an effective 21.1% ...

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Africa-focused gold explorer Alecto Minerals received a welcome surprise as its team of geologists returned to the Kossanto area of Mali to find a mini gold rush, which has sprung up a village of ...

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Alecto talks production at Matala Gold Mine, Zambia - ADVFN Newspaper

alecto minerals ( lse:alo ), the africa-focused gold and base metal exploration and development company, has announced that, following the company's recent exciting acquisition of the historic...