Avnel Gold Mining Limited

TSX loses ground, June 26-30

The S&P/TSX Composite Index fell 0.9%, or 137.37 points, to a 15,182.19-point close. Spot gold prices ventured near eight-week lows, falling US$15.10 to US$1,241.61 per oz., whereas Comex copper prices…



A worker logs chip samples at Avnel Gold’s Kalana gold project in West Africa. Credit: Avnel Gold.

Avnel sees Kalana as open pit mine

Howard Miller, executive chairman and CEO of Avnel Gold Mining (TSX: AVK), has had his fair share of success over the last 35 years. As a founding director of Nelson Resources, he…


Drillers at Avnel Gold Mining's Kalana gold project in southwest Mali. Source: Avnel Gold Mining

Perseverance pays off for Avnel at Kalana in Mali

VANCOUVER — It’s been over a decade of preparation for Avnel Gold Mining (TSX: AVK) at its Kalana Main deposit in southwestern Mali, but now the company is on a path towards turning the small, former Soviet-run underground gold mine…



A high-grade quartz vein at Avnel Gold Mining's Kalana gold project in southwest Mali. Credit: Anvel Gold Mining

Avnel’s new path for Kalana mine in Mali

VANCOUVER — When Avnel Gold Mining (TSX: AVK) bought the Kalana gold project in southwest Mali in 2002, its priority was getting the historic mine back into production, as required by the terms of the property deal. As a result Avnel has…


TSX comes back to life

The TSX Composite Index came back to life for the holiday shortened Oct. 11-14 period and finished 235 points higher than where it began at 12,081.73 points. The positive swing came as fears surrounding the European debt crisis subsided – for…


A termite mound dwarfs Merrex Gold president and CEO Greg Isenor at the Siribaya gold project in Mali. Photo by Merrex Gold

Termites lead explorers in Mali to gold

Nicknamed “geozoology,” or “termite geochemistry,” mineral exploration companies in Mali are still turning to termites as an important tool in the search for gold deposits. By sampling termite mounds, which often tower more than two metres high…






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