13 Jan 2015 12:15
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Alexander Mining Information
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Don't have an account? Click here to register.Alexander Mining boosted by Mongolian marketing agreement
Wed, 11th Jan 2017 13:13
(ShareCast News) - Alexander Mining has signed a marketing agreement with a prominent Mongolian commodities expert over the potential commercial use of the AIM company's leaching technologies in the country.Alexander said Dr Jadambaa Temuujin, chief research scientist at the Mongolian Academy of Sciences's chemistry department and with "strong ties" with many mining and minerals processing companies in Mongolia, had agreed to a two-year deal with a rolling mutually agreeable six monthly extension thereafter. Under the agreement, Temuujin will be paid a commission for the first three years of licence commercial use for every opportunity he introduces to Alexander that leads to the company executing a commercial technology licencing agreement and then receiving licencing revenue."Mongolia, with its favourable location adjacent to China, is a noted mining country and is highly prospective for the discovery of new mineral deposits," said chief executive Martin Rosser. Mongolia's copper and coal deposits have attracted many international and domestic companies, including Rio Tinto, have both been identified and exploited, with the country already a significant exporter of copper, coal, molybdenum, silver and zinc.Alexander pointed out that the Mongolian government is actively exploring ways to increase the extent of processing within the country, while plans are underway to build a centralised copper smelting and converting facility near Ulaan Baatar to reduce concentrate exports. Shares in the company were up 23% to a still-small 0.23p just after 1300 GMT on Wednesday.
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13 Jan 2015 11:29
2 May 2014 11:55
Alexander Mining Narrows Losses In 2013 But Revenues Fall
LONDON (Alliance News) - Alexander Mining PLC Friday reported a drop in revenues, but narrowed its losses in 2013 on the back of lower finance costs and other operating costs, however the group warned that it needs to raise addition funds within the next 12 months to continue its operations. <
Read more16 Apr 2014 08:44
Wednesday broker round-up UPDATE
Afren: Investec cuts target price from 200p to 195p and stays with its buy recommendation. Alexander Mining: Northland lowers target price from 8.1p to 6.1 and maintains a buy recommendation. Capita Group: JP Morgan ups target price from 1261p to 1279p and maintains an overweight rating. Central
Read more15 Apr 2014 15:08
Alexander Mining announces changes to agreement with Ebullio
Alexander Mining was on Tuesday informed by the Ebullio Group that it has cancelled its agreement to acquire all of the assets in Turkey of Red Crescent Resources. The cancellation means that Alexander's commercial licence, financing and consultancy agreement with Ebullio will not be carried out i
Read more15 Apr 2014 11:33
Alexander Mining Says Ebuillo Takeover Deal Of Red Crescent Resources Scrapped
LONDON (Alliance News) - Alexander Mining PLC said that Ebullio Group has terminated its takeover deal of Red Crescent Resources Ltd in Turkey. The mining and mineral processing technology company said last month that it had been completing technical test work on a bulk sample provided from
Read more4 Apr 2014 07:54
Alexander Mining Says AmmLeach Test Successfully Makes Zinc Cathode
LONDON (Alliance News) - Alexander Mining PLC Friday said testing in Australia has, for the first time, produced zinc cathode from ammoniacal leaching by using the company's AmmLeach Technology. The mining and mineral processing technology company said that, in preparation for its proposed
Read more18 Mar 2014 13:09
UK MIDDAY BRIEFING: Sainsbury's Sales Slow But Won't Join Price War
LONDON (Alliance News) - J Sainsbury PLC reported its first sales fall in nine years for the fourth quarter of its financial year, but Chief Executive Justin King said the grocer will not get caught up in the price war within the UK supermarket sector and will ensure competiti
Read more18 Mar 2014 11:57
UK WINNERS & LOSERS: Cairn Energy Falls 12% As It Swings To Loss
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
J Sainsbury, up 0.8%. The food retailer is the latest of the big UK supe