East African gold producer and explorer
About Us
Avana Resources, a private Isle of Man company founded in 2007, is an East African gold producer and explorer engaged in the responsible and sustainable production, development and exploration of gold resources in East Africa and Madagascar. Avana’s most advanced project is in Kenya, where it operates a carbon-in-pulp (CIP) processing plant that produces gold doré of about 80% pure gold alongside a trial mining operation. In addition Avana undertakes continuous appraisal and exploration of its concession. This appraisal work to date points to the presence of several gold deposits in the order of 250,000 oz each. Avana intends to increase significantly its gold ore processing capacity in the near-term whilst simultaneously building and improving the quality of its resources figures.
Avana also has a focus on Madagascar, which has historically been a significant gold producer, and which produces far less gold than its potential due to under-exploration, under-development and a lack of investment. Avana is a well-established first mover in this renewed gold province with a very significant prospective acreage position on which it is undertaking exploration and appraisal with a view to moving its commercially-attractive holdings into production
Avana benefits from its strong cultural connection to sub-Saharan Africa, which is where a number of key team members are drawn from and where others have been active for decades. Avana team members have an excellent track record in developing projects in other high-yielding investment areas. Avana has a profound regional technical understanding, excellent relations with the regional business community and at all levels of government as well as linguistic skills relevant to its project countries.
