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Numis Securities
 
MINING FUNDS

Aureus to raise £15.6m

Aim- and ASX-listed Aureus Mining on Tuesday entered into an underwriting agreement with GMP Securities, Clarus Securities and Numis Securities to sell 33.4-million shares at £0.27 apiece to raise £9-million gross proceeds. The company also...
15th April 2014
 
All

Hemerdon tungsten and tin project, UK Restricted

Wolf Minerals has raised A$182.7-million in a share placement to fund the construction of its Hemerdon tungsten and tin project.
28th March 2014
 
CAPITAL RAISING

Wolf raises nearly A$183m for new UK mine

Metals developer Wolf Minerals announced on Wednesday that it had raised A$182.7-million in a share placement to fund the construction of its Hemerdon tungsten and tin project, in the UK. Wolf reported its major shareholders, Resource Capital...
19th March 2014
 
DIAMONDS

Rough diamond prices to remain under pressure in the near-term

The rough diamond market was in a “difficult phase”, with slowing diamond sales, falling prices, continued tight liquidity in cutting centres and weaker economic prospects in China negatively impacting on the short-term outlook for the market,...
27th June 2012
 
MINING IN AFRICA

DRC Mines Minister rejects Global Witness’s graft allegations

Democratic Republic of Congo (DRC) Mines Minister Martin Kabwelulu has rejected allegations of possible corruption in the State’s sale of shares in mining projects operated by Eurasian Natural Resources Corporation (ENRC). Global Witness, the...
22nd June 2012
 
COAL

Fear not the 'Glenstrata' giant, say coal customers

Big coal buyers should not fear the merger of miner Xstrata and trader Glencore into a dominant trading force, say customers who already rely on the two for supplies of coking coal for steel and thermal for power generation. They say the tie-up,...
8th February 2012
 
CORPORATE ACTIVITY

Xstrata has strong shareholder backing for Anglo merger – Fairfax

Anglo American suitor Xstrata has strong institutional shareholder backing for its merger proposal and will gain further support for the deal despite Anglo’s rejection, Fairfax mining analyst John Meyer said on Tuesday. Xstrata spokesperson...
23rd June 2009
 
Project house

MDM Engineering raises £4,4m in Aim debut

Project house MDM Engineering on Monday announced that it had raised £4,4-million through selling 3,4-million shares to institutional investors, giving it a market capitalisation of £54,3-million on its Aim debut. It sold the shares...
12th May 2008
 
MINING REVIEW

BHP, AngloGold to respond to Congo mining review

Miner BHP Billiton is holding talks with Congolese officials and AngloGold Ashanti to put together a response following a sweeping review of mining contracts, the firms said. The Mines Ministry in the Democratic Republic of Congo said on Monday...
22nd February 2008
 
PLATINUM

Contract workers strike cost Aquarius 4 700 oz PGM

Platinum producer Aquarius Platinum has lost an estimated 4 700 oz of attributable platinum-group metals production, owing to last week's industrial action at its Kroondal and Marikana mines, but said on Tuesday that all miners were back at...
24th July 2007
 
DIAMONDS

Gem refuses to comment on rumours it might buy Kimberley Diamonds

Diamond producer Gem Diamonds (Gem) declined to comment on media and market speculation that it could be in talks to buy ASX-listed Kimberley Diamonds, but hinted that the Australian firm might make an announcement on a possible buy-out on...
18th July 2007
 
SISHEN EXPANSTION PROJECT

New Sishen iron-ore production to begin in second half of this year

Production from the R5,1-billion Sishen expansion project (SEP) will begin in the second half of 2007 when an announcement for the go-ahead for the new Sishen South project is expected.
22nd June 2007
 
 
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