Company News: African Aura Mining
Updated: 29 Sep 2010
African Aura's strategy is to be a 'first mover' within highly
prospective and under explored geological provinces, in pursuit of the
next generation of gold and iron ore mines in emerging sub-Saharan
Africa.
It is the significant experience of working in Africa and the ability to identify and assess the non-geological risks inherent with investing in emerging countries that distinguishes the Company as a pioneer. Once opportunities have been identified the Company employs satellite borne and geological remote sensing datasets in order to select the highest priority areas to explore. This strategy allows our teams to have the highest chance of discovering those deposits which crop-out at surface. Historically these deposits are discovered fastest, for the lowest exploration cost and are the first to become mines.
In addition to our flagship New Liberty Gold and Putu Iron Ore projects, African Aura has assembled a significant portfolio of projects in Liberia and Cameroon with over 20 deposits discovered by our exploration teams to date. These discoveries create a pipeline of opportunities for the Company; being at varying stages of exploration from reconnaissance sampling through to resource definition drilling.
It is the significant experience of working in Africa and the ability to identify and assess the non-geological risks inherent with investing in emerging countries that distinguishes the Company as a pioneer. Once opportunities have been identified the Company employs satellite borne and geological remote sensing datasets in order to select the highest priority areas to explore. This strategy allows our teams to have the highest chance of discovering those deposits which crop-out at surface. Historically these deposits are discovered fastest, for the lowest exploration cost and are the first to become mines.
In addition to our flagship New Liberty Gold and Putu Iron Ore projects, African Aura has assembled a significant portfolio of projects in Liberia and Cameroon with over 20 deposits discovered by our exploration teams to date. These discoveries create a pipeline of opportunities for the Company; being at varying stages of exploration from reconnaissance sampling through to resource definition drilling.
Also Known as: African Aura Resources
Business Category Exploration; Mining
Regions of Operation North Africa; Central and East Africa; Southern Africa; West Africa
UK Representative Office
- 32 Bloomsbury Street
- London
- WC1B 3QJ
- United Kingdom
Most Recent Company News
- African Aura split complete, pure plays start trading - 15 Apr 2011 11:43am
African Aura Mining Inc has completed its ‘butterfly’ split into separate gold and iron-ore entities in an attempt to get the most value out of the assets Read more... - Investor Seminars: Gold Day 4/11 - Growing investor interest in mining - 15 Apr 2011 11:42am
Corporate executives presenting to investors at two recent seminars in London, hosted by Aspermont UK (publisher of Mining Journal), have delivered upbeat messages on the mining industry in precious metals and Africa, respectively. Read more... - Poulton to leave - 01 Apr 2011 11:52am
Steven Poulton has decided to step down from the board of African Aura Mining Inc. Read more... - Putu rises to 2.4 Gt - 11 Feb 2011 11:10am
The Putu iron-ore joint venture in Liberia contains 2,370Mt (2.4Gt) of inferred resources, according to the latest independent estimate Read more... - 1 Gt initial Nkout resource - 04 Feb 2011 11:17am
An independent resource estimate for African Aura Mining Inc’s Nkout iron-ore project in Cameroon has delineated 1,000Mt (1Gt) in the inferred category Read more... - Ndablama discovery - 04 Feb 2011 11:17am
Initial diamond drilling at African Aura Mining Inc’s Ndablama gold prospect at Bea Mountain, 40km from the company’s New Liberty gold project in Liberia, has intersected bedrock mineralisation Read more... - Taylor new COO - 28 Jan 2011 10:20am
Peter Taylor has been appointed African Aura Mining Inc’s chief operating officer Read more... - New Liberty scoping finds potential - 20 Dec 2010 4:48pm
AN INDEPENDENT preliminary economic assessment, or scoping study, for African Aura Mining Inc’s New Liberty gold project in Liberia indicated potential for a project capable of 100,000oz/y production. Read more... - African Aura plans raising - 03 Dec 2010 12:50pm
African Aura Mining Inc intends to raise about £20.3 million (US$32 million) to be used primarily for exploration activities Read more... - African Aura to create Aureus Mining - 12 Nov 2010 11:02am
The board of directors of African Aura Mining Inc has agreed, in principle, to split the companies gold and iron- ore assets into two separately-listed vehicles Read more...
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