Aureus reminds market of $260m valuation

Gold miner, Aureus Mining, has reminded the market of the $260m valuation of its New Liberty project in Liberia, as it files the findings of a recent study at the site.

Gold miner, Aureus Mining, has reminded the market of the $260m valuation of its New Liberty project in Liberia, as it files the findings of a recent study at the site.

Aureus released the results of the study back in February but, because of its dual listing in Toronto, has now placed the official papers with the Canadian records office, or SEDAR.

Article continues below

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

The shares have risen 1.3% this morning but are still 33% down since Aureus listed in April 2011.

BS

MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.