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Aureus Mining CFO updates on New Liberty after ceremonial opening

Paul Thomson, chief financial officer of Aureus Mining (LON:AUE) (TSE:AUE), provides an update on the firm's New Liberty mine in Liberia after the President of Liberia, Ellen Johnson Sirleaf, attended a ceremonial opening at the site.

At full production, New Liberty is expected to produce 120,000 oz of gold a year and is currently on track to reach steady state production by the end of 2015.

Speaking to Proactive, Thomson says regular cash flow from the mine is just around the corner and dividend payments to investors expected in due course.

However, he stressed that Aureus will not become a one mine operation and has a strong pipeline of projects including Ndablama are Weaju, which are being progressed.

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Price: 96 GBX

Market: AIM
Market Cap: £78.31 m

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