Aversoro’s revised 2019 production guidance stands between 180,000 and 200,000 ounces of gold. Credit: volante bb

Canadian exploration and development company Avesoro Resources has announced the restart of the mining processing and operations at the Youga Gold Mine in Burkina Faso.

The operational restart was followed by the company’s negotiations with the open-pit mining contractor Orkun Group and former open-pit employees.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Mining operations restarted at Youga on 15 June, with processing operations recommencing on 16 June.

During the operation suspension period at Youga, Avesoro’s engineering team completed the electrical, mechanical and maintenance works in and around the process plant.

Avesoro CEO Serhan Umurhan said: “I am pleased to report that operations at Youga have now recommenced following the successful resolution of negotiations between the Orkun Group and our former open-pit mining employees.

“My ongoing focus remains to minimise the impact of the temporary production stoppage at Youga, whilst successfully delivering the remaining transition to contractor mining operations at both Youga and New Liberty.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We reaffirm our revised 2019 production guidance of 180,000oz to 200,000oz of gold, whilst assessing a number of project optimisation options, including ore sorting and heap leach scenarios at both New Liberty and Youga, with aims to further improve the economics of both projects.”

In February 2016, Avesoro acquired Youga Gold Mine from Endeavour Mining for $25.3m.

Avesoro Resources is a gold producer and developer, as well as operates two gold mines across West Africa.

Avesoro and its subsidiaries have three operating mines.