News Articles for Ampella Mining

Africa-focused gold explorer Ampella Mining has appointed Josef El-Raghy as chairman.Mr El-Raghy, who is also chairman of Egyptian gold producer Centamin, will replace Peter Mansell.

Mining and engineering contractors were the biggest losers today when the S&P Dow Jones rebalanced all of its Australian indices, with RCR Tomlinson one of the few to buck the trend.

Subiaco-based gold explorer Ampella Mining has recommended its shareholders approve a proposed $41 million off-market takeover bid from Egypt-focused miner Centamin.

FEATURE: Salaries have come under huge pressure during the past year as widespread cost cutting takes its toll on executives' take-home pay.

Gold sector players Evolution Mining and Ampella Mining have revealed additional cost-cutting initiatives to deal with the impact of low spot prices for the precious metal.

THE level of exploration activity being undertaken by junior miners in Africa is increasing, with Burkina Faso in particular coming more into focus as a promising gold producer.

As Africa punches above its weight as a mining investment destination, it both attracts and competes with WA miners.

Ampella Mining shares have bounced off their two-year lows this week, after the Africa-focused gold miner announced it had commenced a targeted sales process.

WA's emerging mining companies delivered spectacular gains last financial year, for the astute investors who picked the right stocks.

GETTING value for money is a subjective matter when it comes to assessing executive pay.

Ampella Mining has appointed former WA Newspapers and Western Power chairman Peter Mansell as its new chairman following the departure of chairman and director Bill Ryan last month.

Ampella Mining has announced the departure of company chairman and director Bill Ryan but the African-focused miner has given no reason for his resignation.

Ampella Mining has announced new assay results from its shallow infill drill programs at its mine in the Burkina Faso as the "highest and widest gold grades encountered to date."

Shares in Subiaco-based Ampella Mining closed higher today after the junior announced the board had approved a $13 million exploration program for calendar 2010.

Ampella Mining has announced an 1.2 million inferred resource estimate for its Konkera prospect within the Batie West Gold Project, Burkina Faso in West Africa after only acquiring this virgin project less than 18 months ago.

Subiaco-based Ampella Mining has raised $4.5 million more than the targeted amount in its recent share placement, bringing the total amount raised in the past 12 months to $25 million.

Former mining publicist Jan Hope has resigned as chairman of Ampella Mining along with executive director Richard Burden.