Cluff Gold bullish on Baomahun

AIM-listed miner Cluff Gold plans to begin construction work at its Sierra Leone Baomahun gold project by January and start production by mid-2013. Baomahun, estimated to produce over 150,000 ounces of gold per year, would be the miner's biggest project in a region where it has operations already in Burkina Faso and Ivory Coast. Cluff Gold plans to invest about $200m (£123.3m) to develop the mine.