Avocet Mining Plc reported audited consolidated earnings and production results for the full year ended December 31, 2015. For the full year, the company's revenue was $85,038,000 against $110,444,000 a year ago. Loss from operations was $52,518,000 against $137,537,000 a year ago. Loss before taxation was $55,698,000 against $140,135,000 a year ago. Loss attributable to equity shareholders of the parent company was $45,732,000 or 21.88 cents per diluted and basic share against $136,120,000 or 67.09 cents per diluted and basic share a year ago. Loss was $49,705,000 against $149,788,000 a year ago. LBITDA was $1,996,000 against $2,231,000 a year ago. Net cash generated by operating activities was $3,038,000 compared to $5,208,000 a year ago. Payments for property, plant and equipment was $3,793,000 compared to $11,613,000 a year ago. Net debt at December 31, 2015 was $60,204,000 compared to $61,387,000 at December 31, 2014.

For the year, the company's gold production at Inata gold mine of 74,755 oz compared to 86,037 oz a year ago. Total ore mined at Inata gold mine was 14,139,000 tonnes compared to 14,024,000 tonnes a year ago.