Germany Chancellor plans lithium deal with Serbia after Rio ruling
Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry.
TORONTO, ONTARIO–(Marketwire – Oct. 7, 2011) – Avion Gold Corporation (TSX:AVR)(OTCQX:AVGCF) (“Avion” or the ‘Company’) is pleased to announce third quarter of 2011 production of approximately 21,687 ounces of gold from its Tabakoto/ Ségala operations in Mali, West Africa. Gold production during the period was lower by 4,413 ounces than the third quarter budget of 26,100 ounces. Contributing factors to the production shortfall included long delays in getting parts and supplies through customs at the port of Dakar, Senegal and through the Senegal/Mali border. This resulted in lower mechanical availability of the open pit mining fleet, and consequently lower grade ore was processed. Heavy rains during August also impacted production, reducing access to higher grade ore from the Dioulafoundou pit. As a result of the lower than planned production in the third quarter, Avion is providing guidance for 2011 between 95,000 ounces and 100,000 ounces of gold.
