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Last 29.00 GBp
Change Today +1.00 / 3.57%
Volume 1.7M
AUE On Other Exchanges
As of 11:30 AM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

aureus mining inc (AUE) Snapshot

28.00 GBp
Previous Close
28.00 GBp
Day High
29.75 GBp
Day Low
28.00 GBp
52 Week High
05/19/15 - 30.25 GBp
52 Week Low
10/13/14 - 15.50 GBp
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for AUREUS MINING INC (AUE)

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aureus mining inc (AUE) Details

Aureus Mining Inc., through its subsidiaries, explores and develops gold deposits in Liberia and Cameroon. It principally owns interest in the New Liberty Gold project covering an area of 457 square kilometers located in Liberia. Aureus Mining Inc. was incorporated in 2011 and is headquartered in Ontario, Canada.

Founded in 2011

aureus mining inc (AUE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $474.3K
Chief Financial Officer
Total Annual Compensation: $358.7K
Compensation as of Fiscal Year 2014.

aureus mining inc (AUE) Key Developments

Aureus Mining Inc. Announces Enlargement of its Bea Mountain Mining Licence to Include the Leopard Rock Gold Target

Aureus Mining Inc. announced that its Bea Mountain Mining Licence has been enlarged to include the Leopard Rock gold target. Following this enlargement, the entire 13 kilometre gold bearing structural corridor stretching from the Gondoja target to the Leopard Rock South target is now located within the Company's Bea Mountain Mining licence. The rights to mine are covered by the Bea Mountain Mineral Development Agreement ("MDA"), which provides a stable environment in respect to the legal, operational and fiscal parameters for the operations. The Bea Mountain Mining Licence has been increased from 457km2 to 478km2. This extension was undertaken in accordance with the Minerals and Mining Law for Liberia. The Bea Mountain Mining Licence now includes the Leopard Rock gold target. The entire 13 km mineralised gold corridor from the Gondoja target to the Leopard Rock South target, including the Ndablama target, now locates within the Bea Mountain Mining licence. The gold corridor is a mineralised shear system adjacent to the contact zone between Archean Greenstones and granite. This structural zone is associated with extensive bedrock gold mineralisation and artisanal gold mining. The enlargement of the licence allows for the commercial development of the entire mineralised gold corridor under the same parameters as detailed in the MDA, subject to the granting of an Environmental Permit. To date, eight gold targets have been outlined within the 13 km corridor but only one of these, Ndablama, has been drill tested to a Resource level. Previously reported drilling at the Leopard Rock target highlighted encouraging intercepts including: 17.6 g/t over 4 m; 13.9 g/t over 4 m; 9.4 g/t over 6 m; and 9.5 g/t over 3 m. The company's exploration team is currently carrying out detailed field mapping, sampling and target preparation along the corridor in advance of a drilling campaign planned for the first quarter of 2016.

Aureus Mining Inc. Announces Operational Update on the New Liberty Project in Liberia

Aureus Mining Inc. announced an operational update on the New Liberty Project in Liberia. The construction is on track for the Project to deliver first gold by the end of May 2015. Plant commissioning. the hot and cold commissioning phases of the Project have commenced, with work currently focussed on the front end infrastructure. Commissioning has been fully completed on the primary jaw crusher and secondary cone crushing circuits. Mechanical and electrical cold commissioning has been completed in the screening circuit. The conveyor systems are all completed with belts successfully tracked, trained and running. The Ball Mill has been fully installed with all alignments completed. The mill motor is now synchronised and direction tested. Electrowinning Circuit. The Electrowinning circuit is now mechanically installed and leak testing has been completed. The electrical supply installation is also well advanced in this area. Power Generation Infrastructure. The power generation system is fully commissioned and all six generators are now synchronised.

Aureus Mining Inc. Announces Audited Financial Results for the Year Ended December 31, 2014

Aureus Mining Inc. announced audited financial results for the year ended December 31, 2014. For the year, the company reported loss for year of $3.4 million or loss per share of $ 0.01.


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