UK 23:25 Monday, 2 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
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David Cather, the mining engineer and former AngloGold Ashanti luminary who has been chief executive officer of Avocet Mining (AVM) since 2012, is about to finalise his new plan to revive the company, which has been a spectacular AIM mining dog. At its core will be a revised strategy for the West African-focused company’s flagship Inata gold mine in Burkina Faso in the wake of a formidable $46 million (£29 million) loss for 2013, when rising costs and a weak gold price saw production down by 12.5 per cent to 118,443 oz. and revenues off 26 per cent to $149.3 million.
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