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Pin to quick picksAndrada Mining. Share News (ATM)

Share Price Information for Andrada Mining. (ATM)

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Share Price: 4.85
Bid: 4.70
Ask: 5.00
Change: 0.05 (1.04%)
Spread: 0.30 (6.383%)
Open: 4.80
High: 4.90
Low: 4.85
Prev. Close: 4.80
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IN BRIEF: AfriTin Mining to change name to Andrada Mining

Thu, 05th Jan 2023 20:41

AfriTin Mining Ltd - technology metals mining company focused on Namibia - Says shareholders approved resolution 3 regarding the proposed change of name of the company to Andrada Mining Ltd on Thursday. Reports that it applied to the Registrar of Companies in Guernsey to register this change of name. Notes that it will take effect with the receipt of confirmation from the registrar.

Current stock price: 5.40 pence

12-month change: down 11%

By Abby Amoakuh, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Limited. All Rights Reserved.

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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.

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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".

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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.

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22 Dec 2023 20:45

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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%.

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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.

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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.

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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.

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