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Avnel Gold Mining Limited

12:05 PM EST - Avnel Gold Mining Limited : announced second-quarter 2011 results. Revenue decreased slightly to $3,918,000 in the second quarter of 2011 from $4,001,000 in the second quarter of 2010. Avnel recorded a net loss of $193,000 ($0.000 loss per share) for the quarter ended June 30, 2011 compared to a net loss of $1,718,000 ($0.007 loss per share) in the comparative period in 2010. Avnel Gold Mining Limited shares T.AVK are trading down $0.01 at $0.42.