Amara Mining PLC: Granting of Mining Licence for Sega Gold Project

LONDON--(Marketwired - Jul 18, 2013) - Amara Mining PLC (LSE: AMA) (TSX: AMZ)

18 July 2013                                        LSE:AMA / TSX:AMZ

                       Amara Mining plc
                  ("Amara" or "the Company")

       GRANTING OF MINING LICENCE FOR SEGA GOLD PROJECT

Amara Mining plc, the dual AIM and TSX-listed West African focused gold
mining company, is pleased to announce that it has been granted the
Mining Licence for its Sega Gold Project ("Sega" or "the Project") in
Burkina Faso, 20km to the north of its Kalsaka Gold Mine ("Kalsaka").

The Project is now fully permitted, significantly de-risking the
integration of Kalsaka and Sega. Bringing Sega into production is
expected to ensure that Amara continues to generate cash flow until at
least 2015 based on Sega's current Mineral Resources, as demonstrated
in the Preliminary Economic Assessment.

As announced on 21 May 2013, Amara was granted the Environmental Permit
for Sega following the acceptance of Amara's Resettlement Action Plan
by the Burkina Faso Government. Prior to this on 30 April 2013, the
Company received the Environmental and Construction permits for the
haul road to connect Kalsaka and Sega and work on the haul road is
progressing on track.

Mining is expected to commence at Sega during Q3 2013 as planned, with
the installation of the crushing circuit at Sega due to begin shortly.
This is anticipated to strengthen Amara's production profile due to the
higher head grade of the Sega resources (2.5Mt at 2.0g/t for 163,000
ounces) compared to the remaining Kalsaka reserves (0.9Mt at 1.4g/t for
38,000 ounces). Amara maintains its production guidance of
50,000-60,000 ounces in 2013.

Click on, or paste the following link into your web browser, to view
the associated PDF document.

 http://www.rns-pdf.londonstockexchange.com/rns/5810J_1-2013-7-17.pdf 

For more information please contact:

Amara Mining plc                             +44 (0)20 7398 1420
John McGloin, Executive Chairman
Peter Spivey, Chief Executive Officer
Pete Gardner, Finance Director
Katharine Sutton, Head of Investor Relations

Canaccord Genuity Limited                    +44 (0)20 7523 8000
(Nominated Adviser & Broker, London)
Andrew Chubb
Joe Weaving
Tim Redfern

Pelham Bell Pottinger                        +44 (0)20 7861 3232
(Financial Public Relations)
Charlie Vivian
James MacFarlane




                    This information is provided by RNS
          The company news service from the London Stock Exchange

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