Adriatic Metals raises USD50 million as sales begin at Bosnian mine
(Alliance News) - Adriatic Metals PLC on Tuesday said it completed a USD50.0 million fundraise ahead of plans to scale up production at the Vares operation in Bosnia.
Read moreMon, 06th Jan 2020 15:42
(Alliance News) - Adriatic Metals PLC on Tuesday said it completed a USD50.0 million fundraise ahead of plans to scale up production at the Vares operation in Bosnia.
Read more(Sharecast News) - Precious and base metals group Adriatic Metals has announced plans to raise $50m through a share placing as it "optimises" its balance sheet amid a ramp-up of its Vares project in Bosnia and Herzegovina.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:
Read moreAdriatic Metals PLC - Cheltenham, England-based precious and base metals developer, with licences in Bosnia & Herzegovina and Serbia - Chief Financial Officer Mike Norris resigns to pursue other opportunities. He was appointed to the role in March 2022. Adriatic Metals appoints Michael Horner, who is head of business development, as interim CFO.
Read more(Sharecast News) - Adriatic Metals, the FTSE 250 precious and base metals miner, has announced that its chief financial officer is stepping down after just two years on the job.
Read moreAdriatic Metals PLC - Cheltenham, England-based precious and base metals developer, with licences in Bosnia & Herzegovina and Serbia - Says underground development at its Vares silver project in Bosnia increased 27% in the first quarter of 2024 from the final quarter of 2023, with cycle times reduced by 31%. It expects nameplate production, meaning full capacity, in the final quarter of 2024. Adds that the Vares processing plant is continuing to ramp up production, and expects the first sale of concentrate in the second quarter of 2024. Staff headcount is 291 at the end of March, and cash balance is USD46.7 million.
Read more(Alliance News) - Adriatic Metals PLC on Monday said it will take over as the operator of the Rupice mine at its Vares project in Bosnia.
Read more(Alliance News) - Adriatic Metals PLC on Thursday reported that its annual loss narrowed as it paid no impairments in 2023.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more(Alliance News) - Adriatic Metals PLC on Wednesday announced the opening of its Vares project in
Read more(Alliance News) - Adriatic Metals PLC on Wednesday celebrated progress at its flagship silver project, after seeing first concentrate produced a day prior.
Read more(Alliance News) - Adriatic Metals PLC on Tuesday said it put in a "hugely productive and busy quarter", as the company prepares to commence concentrate production at its flagship metals project.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - Adriatic Metals PLC on Wednesday said it expects to commence production within the first quarter, and gave updated production targets for its flagship metals project.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
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