TSX: AMZ       Azucar Minerals Ltd
Last Price Today's Change   Day's Range   Trading Volume
0.195   0.00 (0.00%)  0.18 - 0.20  69,900


Avg Volume (4 weeks):0
52 Weeks Range:0.18 - 0.47
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Amara Mining plc, formerly Cluff Gold plc, is a gold mining and exploration company. The Company is engaged in the acquisition, exploration, development and operation of gold mines and deposits in West Africa. The Company's segments include Kalsaka, Yaoure and Baomahun. Kalsaka is the Company's key cash flow generator and produced 71,505 ounces of gold during the year ended December 31,2011. It also controls four new exploration licences in Eastern Burkina Faso, providing a pipeline of future projects to the Company. Baomahun is the Company's wholly owned flagship development project in Sierra Leone, with 2.1 million ounces of indicated mineral resources and a further 0.9 million ounces of inferred mineral resources. Its Yaoure is located in Cote d'Ivoire. Diamond drilling at Yaoure in 2011 totalled 3,067m in 29 holes, On May 2012, it acquired Sega Gold Project (Seg) from Orezone Gold Corp.

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