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Last 10.88 GBp
Change Today +1.10 / 11.25%
Volume 1.3M
AMA On Other Exchanges
As of 11:35 AM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

amara mining plc (AMA) Snapshot

9.99 GBp
Previous Close
9.78 GBp
Day High
11.00 GBp
Day Low
9.28 GBp
52 Week High
01/13/15 - 20.00 GBp
52 Week Low
09/29/15 - 8.75 GBp
Market Cap
Average Volume 10 Days
-0.01 GBp
Shares Outstanding
Dividend Yield
Current Stock Chart for AMARA MINING PLC (AMA)

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amara mining plc (AMA) Details

Amara Mining Plc engages in the acquisition, exploration, and development of gold mines and resources in West Africa. It holds interests in the Yaoure gold project located in Côte d’Ivoire; and the Baomahun gold project in Sierra Leone. The company was formerly known as Cluff Gold plc and changed its name to Amara Mining Plc in October 2012. Amara Mining Plc was founded in 2003 and is headquartered in London, the United Kingdom.

142 Employees
Last Reported Date: 05/6/15
Founded in 2003

amara mining plc (AMA) Top Compensated Officers

Executive Chairman, Chief Executive Officer a...
Total Annual Compensation: $326.0K
Chief Finance Officer, Finance Director and D...
Total Annual Compensation: $278.0K
Compensation as of Fiscal Year 2014.

amara mining plc (AMA) Key Developments

Amara Mining plc Announces Yaoure Drilling and Optimization Update for the Year 2015

Amara Mining plc announced the results of its 11,904 metre 2015 drilling campaign at its Yaoure Gold Project in Côte d'Ivoire. The company also announced an update on the optimization work following the completion of the Pre-Feasibility Study for Yaoure, which was announced on 14 May 2015. 2015 drilling programme and ongoing optimization studies have demonstrated Yaoure's potential to become a large, low cost gold mine. Amara's confidence has increased in the opportunity for a starter pit in the northern area of the Yaoure Central zone. Key benefits include: Reduction in the requirement for pre-stripping contributing to a lower upfront capital cost, increased head grade and a smaller processing plant yielding robust returns, lower operating costs, drilling in the northern area of the Yaoure Central zone has established the presence of near surface mineralisation. Significant intercepts include: 14m at 3.1g/t from 53m and 5m at 39.6g/t from 163m in hole YDD0444, 14m at 2.4g/t from surface and 4m at 34.0g/t from 75m in hole YDD0428, 36m at 3.1g/t from surface in hole YDD0436, 21m at 3.7g/t from 30m in hole YDD0434, 23m at 3.4g/t from 43m and 2m at 13.7g/t from 118m in hole YDD0455. Results from an extensive mapping and channel sampling programme on the Yaoure Central pit floor better constrain the major mineralised structures and further demonstrate strong continuity of gold mineralisation in the northern area. Significant results include: 8m at 9.7g/t in channel YRP0132, 21m at 3.5g/t in channel YRP0119B, and 5m at 14.6g/t in channel YRP0114. High grade intercepts also reported from in-fill drilling in the central, southern and far northern areas of the Yaoure Central zone, Mineral Resource update expected to be delivered in fourth quarter 2015. Final results of the PFS optimisation work to be published thereafter, with Amara remaining well-funded to advance the Bankable Feasibility Study.

Amara Mining plc Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

Amara Mining plc reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported operating loss of $3,418,0000 against $3,995,000 a year ago. Loss before taxation was $2,819,000 against $3,895,000 a year ago. Loss for the period from continuing operations attributable to equity holders of the parent company was $2,809,000 or 0.70 pence per basic and diluted share against $3,895,000 or 1.45 pence per basic and diluted share a year ago. Loss for the period attributable to owners of the parent was $3,056,000 or 0.76 pence per basic and diluted share against $10,063,000 or 3.75 pence per basic and diluted share a year ago. Net cash flows used in operating activities was $4,254,000 against net cash flows from operating activities of $8,235,000 a year ago. Purchase of property, plant and equipment was $191,000 against $1,361,000 a year ago. Purchase of intangible assets - deferred exploration was $5,730,000 against $6,256,000 a year ago.

Amara Mining plc - Special Call

To consider pre-feasibility study for its 100% owned Yaoure Gold Project


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