Given our cautious stance on gold, we think it's right to call time on our underperforming buy tip in gold explorer Aureus Mining (AUE).
IC TIP:
Hold
at
40p
In November, Aureus raised half of the $150m (£100m) needed to build its New Liberty gold mine in Liberia via a dilutive share issue. But the company has had trouble raising the debt portion, even though it has been in talks with various lenders since the summer.
