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Avocet defers sale of Burkina Faso operations at buyer’s request

By:  
Creamer Media Contributing Editor Online
 
GOLD
Aim-listed Avocet has deferred the completion of the $5-million sale of its Resolute operations in Burkina Faso, to Ghana-based Balaji Group, to January 25. The struggling miner set the sale in motion last year to stave off potential bankruptcy for its units in the West African country, with the transaction initially set for completion by January 11.
 
 
 
 
 

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