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Last 20.50 GBp
Change Today -0.25 / -1.20%
Volume 110.5K
AUE On Other Exchanges
As of 5:23 AM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

aureus mining inc (AUE) Snapshot

20.75 GBp
Previous Close
20.75 GBp
Day High
20.75 GBp
Day Low
20.50 GBp
52 Week High
06/1/15 - 30.75 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.

175 Employees
Last Reported Date: 03/12/15
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. - Special Call

Aureus Mining Inc. - Special Call

Aureus Mining Inc.'s New Liberty Gold Project in the Republic of Liberia Successfully Completes its First Gold Pour

Aureus Mining Inc. announced that its 100% owned New Liberty Gold Project in the Republic of Liberia has successfully completed its first gold pour. First gold has been poured from the New Liberty process plant according to the Project schedule. The hot and cold commissioning phases of the Project continue to progress as scheduled. There will be a phased ramp up in the plant feed to full design throughput levels of 95,000 tonnes of ore per month, achieving full scale steady state commercial gold production during the third quarter of 2015. All civil works and steel erection at the New Liberty Plant Site have now been completed. Phase one of the Tailings Storage Facility (TSF) penstock line has been completed which will provide sufficient storage for 18 months of operations. Work will resume on phase two after the wet season. As demonstrated by the pouring of first gold, the New Liberty Project is in the advanced commissioning phase and is on track to reach full scale commercial production in the third quarter of 2015. Commissioning has been fully completed on the Front End Comminution Circuit, including both the milling and gravity circuits, with work continuing to progress on the extraction circuits including the Carbon in Leach (CIL), elution and detox circuits. All steel erection and civil works in the Project plant site have been completed. Work is scheduled to resume on the TSF Penstock line in the next dry season. Current TSF capacity is sufficient for 18 months of operations. Only final finishing and electrical fit out works and installations remain on-going at the Plant site.Civil and Mechanical level 1, 2 and 3 snagging checks are currently being completed. This involves checking the design and construction procedure compliance whilst the Electrical and Instrumentation (E&I) compliance checks are in the first and second phase. Independent structural QA/QC work is currently being undertaken as per the project specification.

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.


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