Embattled West African gold miner sells its Burkina Faso
Embattled West Africanfocused Avocet Mining has entered into an agreement to sell all of its assets in Burkina Faso, including the Inata gold mine. Avocet Mining will sell it assets to Ghanabased Balaji Group of companies for a total consideration of US5 million million of which will be payable in cash at completion and the remaining million paid by way of deferred payments.