The latest Investing Matters Podcast episode with Inclusive Asset Management's Alexandra McGuigan has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAndrada Mining. Share News (ATM)

Share Price Information for Andrada Mining. (ATM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.85
Bid: 4.70
Ask: 5.00
Change: -0.10 (-2.02%)
Spread: 0.30 (6.383%)
Open: 4.95
High: 4.85
Low: 4.85
Prev. Close: 4.95
ATM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: AfriTin Mining "pleased" with drilling results at Uis mine

Wed, 08th Jun 2022 12:11

AfriTin Mining Ltd - Tin mining company which operates the Uis tin mine in Namibia - Says drilling results for lithium and tantalum at the Uis mine have surpassed expectations. The company says it is "pleased" with the lithium grades results seen the first four holes at the main V1/V2 pegmatite at Uis.

AfriTin says the mineralised intersections of the reported holes are well aligned with the current geological model, highlighting the veracity of the existing dataset. The current infill drilling programme consists of about 50 planned holes, of which 27 holes have been drilled.

Chief Executive Officer Anthony Viljoen says: "We are very pleased to announce these drilling results which have produced lithium grades surpassing our expectations and reinforce our belief that Uis is host to one of the largest lithium resources globally. While the V1/V2 pegmatite displays impressive dimensions and is open-ended at depth, a multitude of surrounding pegmatites present significant upside potential.

The company believes this programme will increase the confidence of the current lithium and tantalum estimates, which is part of its strategy to bring these two commodities into production alongside tin production.

Current stock price: up 7.3% at 6.87 pence each on Wednesday

12-month change: up 16%

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
27 Mar 2024 18:47

TRADING UPDATES: Empire Metals targets key milestones in Australia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
19 Mar 2024 18:41

EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
19 Mar 2024 16:06

Andrada Mining subsidiary inks financing deal with Bank Windhoek

(Sharecast News) - Andrada Mining announced a financing deal through subsidiary Uis Tin Mining Company (UTMC) Tuesday, with Bank Windhoek.

Read more
12 Mar 2024 15:32

IN BRIEF: Andrada shares down as company optimises Uis operations

Andrada Mining Ltd - Technology metals mining company focused on exploration licences in Namibia - Says it is implementing an "ore sorting circuit" at its flagship Uis Mine in Nambia, which will help to increase tin concentrate to 2,000 tonnes per annum from 1,500. The company has also optimised the mine's tantalum circuit, and expects to make the first shipment of concentrate to Afrimet Resources AG, a Switzerland-based company focused on African-sourced metals and minerals, by the end of March. Andrada says it has received several non-binding offers for a partnership interest at the lithium project level, and that these discussions are "progressing well".

Read more
12 Mar 2024 13:09

Andrada Mining reports progress across its expansion plans

(Sharecast News) - Andrada Mining announced significant advancements in its expansion plans for lithium, tin, and tantalum production at the Uis Mine in Namibia on Tuesday, alongside updates on its strategic process.

Read more
22 Dec 2023 20:45

EARNINGS AND TRADING: Plexus sees good momentum; Gfinity loss widens

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
5 Dec 2023 14:21

IN BRIEF: Andrada sees high-grade lithium spodumene at Lithium Ridge

Andrada Mining Ltd - African technology metals mining company with a portfolio of mining and exploration assets in Namibia - Says that it has produced high-grade lithium spodumene concentrate from its Lithium Ridge licence, which is 35 kilometres southeast of the town of Uis in Namibia. High-grade spodumene concentrate, at a grade of 6.8% lithium oxide, was produced from two Lithium Ridge exploration samples through laboratory-scale flotation. Adds that the flotation test work achieved a lithium oxide recovery of 76%.

Read more
29 Nov 2023 14:27

IN BRIEF: Andrada Mining revenue jumps on higher production

Andrada Mining Ltd - African technology metals mining company with a portfolio of mining and exploration assets in Namibia - Says in the six months to August 31, revenue grew by 87% to GBP8.8 million from GBP4.7 million the year before. Says revenue growth was driven by a 67% increase in tin concentrate production to 758 tonnes, resulting in a 58% increase in contained tin to 454 tonnes compared to the first six months of financial 2023. Meanwhile, pretax loss narrowed to GBP2.8 million from GBP3.7 million the year before.

Read more
27 Nov 2023 14:29

EARNINGS AND TRADING: SysGroup loss widens, Ajax interim loss narrows

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
16 Nov 2023 19:55

TRADING UPDATES: AMTE Power in subscription deal, launches placing

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
16 Nov 2023 19:30

TRADING UPDATES: Instem acquisition by Ichor sanctioned by UK court

(Alliance News) - (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
15 Nov 2023 17:20

IN BRIEF: Andrada Mining renews deals with Thaisarco and AfriMet

Andrada Mining Ltd - African technology metals mining company with a portfolio of mining and exploration assets in Namibia - Renews off-take agreements with the Thailand Smelting & Refining Co Ltd and AfriMet Resources AG for tin concentrate and tantalum concentrate, respectively. The Thaisarco off-take agreement has been renewed for a further three years, starting December 1, for a minimum supply of 90 metric tonnes per month, and up to 100% of the expanded production. Meanwhile, the AfriMet off-take agreement has been renewed for a plant production period of 12 months, starting January 1, with an option to receive advance payment.

Read more
12 Oct 2023 14:22

IN BRIEF: Andrada begins exploration programme at Brandberg West

Andrada Mining Ltd - African technology metals mining company with a portfolio of mining and exploration assets in Namibia - Confirms that it has begun an initial exploration programme for the Brandberg West exploration licence in Namibia. Historically, the mine produced tin and tungsten, with strong indications of copper mineralisation. Andrada has started a programme which includes the evaluation of the polymetallic mineralisation of the historical opencast operation, and an investigation of the mineralised extensions beyond the previously mined site. Adds that it has plans for a 3,000 metre drill programme, starting in the second half of this calendar year.

Read more
22 Sep 2023 16:09

UK shareholder meetings calendar - next 7 days

Monday 25 September 
Amte Power PLCGM re share issue to raise GBP2m
Ondo InsurTech PLCAGM
ThomasLloyd Energy Impact Trust PLCGM re appointment of new directors
Tuesday 26 September 
BSF Enterprise PLCGM re placing, subscription and broker warrants
Cohort PLCAGM
Ediston Property Investment Co PLCGM re disposal of the property portfolio
Fulcrum Utility Services LtdGM re AIM cancellation
James Cropper PLCAGM
Knights Group Holdings PLCAGM
Miton UK MicroCap Trust PLCAGM
Mycelx Technologies CorpAGM
Orient Telecoms PLCAGM
Redde Northgate PLCAGM
Saietta Group PLCAGM
Scholium Group PLCAGM
SulNOx Group PLCAGM
Supreme PLCAGM
Tern PLCGM re management changes
Wednesday 27 September 
4Global PLCAGM
abrdn New India Investment Trust PLCAGM
Amigo Holdings PLCAGM
AO World PLCAGM
Baltic Classifieds Group PLCAGM
Coral Products PLCAGM
EDX Medical Group PLCAGM
Empyrean Energy PLCAGM
First Property Group PLCAGM
Pharma C Investments PLCGM re executive changes
Riverstone Energy LtdEGM re tender offer
Samarkand Group PLCAGM
System1 Group PLCAGM
Schroder Real Estate Investment Trust LtdAGM
Voyager Life PLCAGM
Thursday 28 September 
abrdn Japan Investment TrustGM re merger with Nippon Active Value Fund PLC
abrdn Japan Investment TrustAGM
ActiveOps PLCAGM
Babcock International Group PLCAGM
Boussard & Gavaudan Holding LtdEGM re managed wind-dow proposals
CentralNic Group PLCGM re name change to Team Internet Group PLC
CT Global Managed Portfolio Trust PLCAGM
Diageo PLCAGM
FIH Group PLCAGM
FRP Advisory Group PLCAGM
Kromek Group PLCAGM
Oxford Cannabinoid Technologies Holdings PLCAGM
Pembroke VCT PLCAGM
Polar Capital Holdings PLCAGM
Redcentric PLCAGM
Revolution Beauty Group PLCAGM
Roebuck Food Group PLCAGM
TruFin PLCAGM
Zoo Digital Group PLCAGM
Friday 29 September 
600 Group PLCAGM
Andrada Mining LtdAGM
Capital Metals PLCAGM
Enteq Technologies PLCAGM
finnCap Group PLCAGM
Goodwin PLCAGM
GRC International Group PLCAGM
Hellenic Dynamics SAAGM
ITM Power PLCAGM
Kodal Minerals PLCAGM
Merit Group PLCAGM
Naked Wines PLCAGM
Shearwater Group PLCAGM
Victoria PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
18 Sep 2023 18:12

TRADING UPDATES: TruSpine accepts Aquis findings after investigation

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.