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Gold miner Avocet struggles to pay back loan

Ana Komnenic | January 02, 2014 | 9:21 pm Precious Metals Africa Europe Gold 

London-based Avocet Mining (LON:AVM) has missed the payment date for its $15 million loan. Avocet took the loan from an affiliate of the company's largest shareholder, Elliott Associates, but was unable to pay up as the maturity date passed on...

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