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CORPORATE ACTIVITY

Centamin extends Ampella offer

Junior Centamin West Africa Holdings has again pushed back the deadline for its acquisition of fellow listed Ampella Mining, this time until March 24. The offer was declared unconditional in February this year, and the offer period extended until...
10th March 2014
 
CORPORATE ACTIVITY

Centamin extends Ampella takeover offer

Centamin West Africa Holdings – a wholly owned subsidiary of TSX- and LSE-listed Centamin – has extended its takeover offer for ASX-listed Ampella Mining, but has told that company’s shareholders that it would not increase its offer price....
6th February 2014
 
MERGERS & ACQUISITIONS

M&A activity to pick up on the back of low valuations – analysts

Merger and acquisition (M&A) activity was expected to pick up over the next few weeks as cash-hungry developments force management teams to take on partners to progress projects, market analysts from SP Angel said this week.
13th December 2013
 
MERGERS & ACQUISITIONS

Centamin makes takeover offer for Ampella

TSX- and LSE-listed Centamin on Tuesday made an offmarket bid to acquire 100% of ASX-listed junior explorer Ampella Mining. Centamin, which entered into a binding takeover bid implementation deed with Ampella, offered shareholders of the junior...
10th December 2013
 
GOLD

No suitable bid for Ampella

Gold explorer Ampella Mining has abandoned negotiations for possible takeover or partnerships, after it was unable to secure a sufficiently attractive proposal. In April this year, the company appointed financial and legal advisers to conduct a...
18th June 2012
 
EXPLORATION

Ampella secures cornerstone investor

Gold explorer Ampella Mining has secured a new cornerstone investor as it continues the development of its Batie West project, in Burkina Faso. Resources investor Taurus Fund Management has taken up 17-million shares in Ampella, representing a...
20th April 2012
 
GOLD

Ampella to test corporate interest in ‘targeted process’

West African gold explorer Ampella Mining on Monday reported that it had received a number of third-party inquiries from gold miners wishing to conduct due diligence studies. Chairperson Peter Mansell said in a statement that rather than continue...
2nd April 2012
 
GOLD

Ampella plans to open new Burkina Faso gold mine by late 2013

Gold explorer Ampella Mining has started a prefeasibility study on the Konkera prospect, at its Batie West project, in Burkina Faso. Addressing the final day of the Paydirt Gold conference, Ampella MD Dr Paul Kitto said the prefeasibility study...
31st March 2011
 
MINING INDABA PREVIEW

Explorer aims to double current resource base

Gold explorer Ampella is hoping to double its current resource base at the Batie West project, in Burkina Faso, with a resource upgrade expected during the first quarter of this year.
21st January 2011
 
 
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