Avnel Gold Mining Ltd operates in the Gold ores sector. Avnel Gold Mining Limited (Avnel) is a Canada-based gold mining company. Avnel's principal assets include an 80% indirect interest in Societe d'Exploitation des Mines d'Or De Kalana, S.A. (SOMIKA) and a 100% indirect interest in the Fougadian Exploration Permit, through its subsidiary, Avnel Mali SARL. The Fougadian Exploration Permit covers an area of 150 square kilometers, which lies in the south of the main Kalana exploitation permit. The State of Mali holds the remaining 20% interest in SOMIKA, which owns tenure (30 years plus two 10 year extensions) Exploitation Permit over 387.4 square kilometers located in South West Mali (the Kalana Permit). Avnel operates the underground Kalana gold mine located in the far northwest of the Kalana Permit. Avnel entered into an agreement with IAMGOLD Corporation (IAMGOLD) on August 10, 2009, pursuant to which IAMGOLD has the right to earn a 51% interest in the Kalana Joint Venture. In our complete report available for purchase the company is compared to: Century Mining Corp, Caledonia Mining Corporation and Starcore International Mines Limited.