Avocet Ships First Gold from Inata

Avocet Mining PLC announces the first shipment of gold from its Inata mine in Burkina Faso. Inata poured first gold on 20 December 2009 and this week exported approximately 11,000 ounces of gold to Rand Refinery’s facility in South Africa. The Company’s Burkina subsidiary, Société des Mines de Bélahouro, which owns Inata, signed a refining contract with Rand Refinery in February. Proceeds from the sale of gold of approximately US$12 million are expected to be received next week….more at MEIOnline