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CAML in advanced talks for reverse takeover transaction: suspends trading

CAML in advanced talks for reverse takeover transaction: suspends trading

Central Asia Metals (CAML) the AIM-listed copper producer, has announced that it is in advanced talks with a third party which may lead to a reverse takeover transaction. At the ...

Good news for Wolf on two fronts

Good news for Wolf on two fronts

Wolf Minerals (AIM: WLFE) has secured an additional £5 million in funding from major shareholder Resource Capital Fund VI to help it complete the operating turnaround plan at its Drakelands ...

Wolf acts on noise problem at Drakelands

Wolf acts on noise problem at Drakelands

Wolf Minerals intends to recover the cost of rectifying a low frequency noise (LFN) problem caused by the vibrating screens in its Drakelands tungsten/tin processing plant from its lead construction ...

Weaker H1 for Caledonia as mine focuses on essential reconfiguration to facilitate longer-term growth

Weaker H1 for Caledonia as mine focuses on essential reconfiguration to facilitate longer-term growth

Caledonia Mining has reported comprehensive H1 2017 earnings of US$4.2m against US$5.4m for the same period of 2016. EPS was US27.6c against US38.3c a year earlier, a decrease of 28%. ...

Wolf increases tungsten production with adoption of turnaround plan

Wolf increases tungsten production with adoption of turnaround plan

Wolf Minerals has seen significant improvements to its tungsten/tin processing operations at the Drakelands mine during the first trial period of an operating turnaround plan during the month of June ...

Central Asia H1 copper output increased with first production from Western Dumps

Central Asia H1 copper output increased with first production from Western Dumps

Central Asia Metals (CAML) reports H1 2017 copper production from its Kounrad dump leach copper recovery plant in Kazakhstan up 2% year-on-year to 7,027 t. Sales were 6,870 t, an ...

Caledonia Mining increases quarterly dividend

Caledonia Mining increases quarterly dividend

Caledonia Mining has declared a quarterly dividend of US6.875c per share, a fivefold increase from the US1.375c per share declared in previous quarters. The increase reflects the recent 5-for-1 share ...

Wolf Minerals secures additional working capital from major shareholder

Wolf Minerals secures additional working capital from major shareholder

Wolf Minerals has secured additional funding from its major shareholder to support its short term working capital as it works towards identifying additional funding sources for long term self-sustainable operations ...

Caledonia lowers Blanket production guidance for 2017

Caledonia lowers Blanket production guidance for 2017

Caledonia Mining has lowered its gold production guidance for 2017 from 60koz to 52-57koz. The company cites lack of capacity underground to transport material while capital development to achieve the ...

Kounrad starts producing copper from new dump

Kounrad starts producing copper from new dump

Central Asia Metal’s Kounrad copper operation, in Kazakhstan, is now recovering the metal from the Western dumps on the property. In April, the company applied the first acid through an ...

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