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Gold/Mining/Energy : Orezone Resources Inc. - ORZ - ME

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From: canucklehead80	10/6/2011 9:23:10 PM
	of 15

One Out Of Two Ain’t Bad Orezone Sees 2015 Burkina Faso Gold Production By Ted Niles The 2008 acquisition of Orezone Resources Inc by IAMGOLD Corporation TSX:IMG was, in President/CEO Ron Little’s view, less a takeover than it was “a take-under.” The junior mining company was within reach of production at its Essakane gold project in Burkina Faso when the market crash dealt it a decisive blow. “We were about a third of the way into Essakane in terms of construction when it hit,” Little laments. “We got it fully permitted on our own; we had a debt facility approved; it was the biggest capital investment ever in Burkina Faso.” Read the rest of this article.

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