Cluff Gold changes name to Amara Mining

published 1 October 2012

Cluff Gold, the dual AIM and TSX listed, West African focused gold miner has changed its name to Amara Mining. It has also announced the resignation of three non-executive Directors as part of the Board's review of its structure.

Consensus estimates for this mid-tier gold producer are for a pre-tax profit of 11.36m pounds for the year ending 31 December 2012, putting it on a forward PE ratio of approximately 23.

In mid-day trading the shares of Cluff were up 1p to 81p.