Publication Navigation

Site Navigation

Company News: La Mancha Resources
Updated: 26 Aug 2010

La Mancha operates three gold mines, with production strategically distributed between Africa and Australia, and is actively developing an advanced project in Australia. In 2008, the Company began to reap the benefits of upgrading and re-launching the producing mines inherited in 2006. Cash costs per ounce combined of the African operation s have started to decrease and the Company has been generating positive cash flows since the third quarter of 2008. In 2008, consolidated gold production increased by 33% compared to 2007 to reach 71,550 ounces. In 2009, we expect to further increase our production to up to 100,000 ounces of gold, thanks mainly to the first full year of production at Frog's Leg. The two African mines are also expected to produce more gold from optimized operations and higher grades at our new Mount Ity pit in Côte d'Ivoire. The Company's resource base jumped by 34% from 1.3 million ounces to almost 1.8 million ounces of gold due to very successful exploration activities during 2008. La Mancha intends to further grow its resources to 4.0 million ounces by the end of 2011.
Business Category Exploration; Mining
Regions of Operation Latin America; North Africa; West Africa; Australasia
Exchange Ticker LMA
 

Financial Information

Stock Feed
Exchanges listed on CSE
Share Holders
Market Cap
Shares Issued
2001, rue University, bureau 400
  • Montréal
  • Québec
  • H3A 2A6
  • Canada
 
 

Most Recent Company News

 

Latest Press Releases

No results were found.

 

Site Search

Log in
READ THE LATEST PRINT EDITION: January 2012
mpe-6-jan-2012-cover.jpg



 

PROFESSIONAL PLACEMENTS
Professional Placements

Professional PlacementsGeologists- Senior and Junior Positions

Gryphon Minerals is aggressively growing its world class Banfora Gold Project in Burkina Faso, West Africa.

Professional PlacementsMining and Metals Opportunities - Hatch

Mining and Metals Opportunities in London and Globally: Senior and junior roles.

Professional PlacementsMinerals Geoscientist Vacancy - Neftex

Do you want to help develop the world’s most detailed commercially-available 4D Earth Model to support the mining majors?

Professional PlacementsOpportunities for Senior & Principal Level Consultants - SRK

Professionals needed for central Moscow office.

Professional Placements: SchlumbergerSenior Hydrogeologist - Schlumberger

We need you in Australia or Canada

Professional Placements: Geologist - Condor ResourcesMining Journalist: Vancouver

Mining Journal is looking to employ a full-time member of staff in British Columbia

'Sustained' growth for MJ's parent company

AspermontThe parent company of Mining Journal, Aspermont Ltd, recently announced a 19% increase in revenue from its media business to A$24.98 million (US$25.8 million) for the year to end-June.

Full story...

  • Comment

  • Enviromine

  • Legal Brief

  • Features

  • Still Life

  • Tailings