Mali Mill Expansion Delays Cause Avion Shares to Drop

Precious Metals

Reuters reported that shares of Avion Gold (TSX:AVR) were down after it suspended work on expanding its mill in Mali.

Reuters reported that shares of Avion Gold (TSX:AVR) were down after it suspended work on expanding its mill in Mali.

As quoted in the market news:

West Africa-focused Avion said if the 4,000-tonne-per-day mill expansion project remains on hold for the rest of the year, production could be cut to 90,000 to 100,000 ounces of gold from 140,000 to 150,000 ounces.

Click here to read the full Reuters report.

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