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Avocet Mining | Crunchbase, Avocet Mining PLC (Avocet) is a West African gold mining and exploration company The Company operates the Inata gold mine in Burkina Faso and has exploration projects in Burkina Faso and GuineaGold miner Avocet to consider insolvency for Burkina Faso ,, Gold miner Avocet Mining Plc said on Monday it will consider filing for insolvency of its subsidiary Societe des Mines de Belahouro (SMB), which operates the Inata gold mine in Burkina Faso, after .Avocet Mining PLC | Operations | Burkina Faso, The Inata Gold Mine is 90% owned by Avocet and 10% owned by the Government of Burkina Faso The mining code of Burkina Faso entitles the state to a 10% ownership of a mining operation on a free carry basis Avocet acquired its interest in Inata through its acquisition of Wega Mining in June 2009Avocet swings to H1 loss, Aim-listed Avocet Mining posted a net loss of $548-million for the six months to June 30, compared with a profit of $381-million in the first half of 2016 Revenues fell by 49% year-on-year to .Burkina Faso miners seize gold amid row with Avocet, Miners in Burkina Faso seize gold worth $17m (£14m) and refuse to give it back, a firm says.

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