ADU 0.00% 71.5¢ adamus resources limited

adu in today's afr street talk

  1. 58 Posts.
    I can't copy and paste the entire article, but here are the first few lines... article suggests Adamus will be the first of the West African focussed ASX-listed companies to get to production, expected in 1Q2011.

    AFR - STREET TALK
    Adamus forges ahead with Southern Ashanti gold project
    Sarah Thompson

    There's a bit of friendly competition between Australian gold companies operating in West Africa to see which will be the next to bring a new mine into production.

    Perseus Mining is making good progress with its Ayanfuri project in Ghana, but it looks as though it will be beaten to the post by Adamus Resources.

    Adamus is expected to announce today that it has secured a loan facility for either US$60m or US$70m from Macquarie Group, wrapping up financing for its Southern Ashanti Project in Ghana.

 
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