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12 May 2023 11:46

Bens Creek welcomes 30% stake purchase by Singapore's Avani Resources

(Alliance News) - Bens Creek Group PLC on Friday said Avani Resources Pte Ltd acquired just under 30% of its shares.

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12 May 2023 09:29

Singapore-based Avani buys 30pc of Bens Creek

(Sharecast News) - North American metallurgical coal miner Bens Creek announced on Friday that its largest shareholder MBU Capital Group has sold 119,218,394 existing shares to Avani Resources.

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5 May 2023 14:27

IN BRIEF: Bens Creek replacement miner equipment arrives at site

Bens Creek Group PLC - London-based owner of metallurgical coal mine in West Virginia - Confirms a replacement highwall miner equipment, unit 81, from its contractor Mega Highwall Mining LLC, has arrived at site and has begun operating.

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5 May 2023 11:47

Bens Creek starts work with replacement highwall miner

(Sharecast News) - North American coal miner Bens Creek Group announced the arrival of a second highwall miner (HWM) on Friday, after it experienced issues with the initial one.

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28 Apr 2023 11:56

Bens Creek delivers 44,000 of coal to "largest" Indian steel producer

(Alliance News) - Bens Creek Group PLC on Friday said it has completed the delivery of 44,000 tonnes of coal to an Indian steel producer.

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28 Apr 2023 10:55

AIM WINNERS & LOSERS: Numis rockets on takeover by Deutsche Bank

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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14 Apr 2023 10:38

IN BRIEF: Largest shareholder in Bens Creek to sell portion of stake

Bens Creek Group PLC - London-based metallurgical coal mine owner - Says it is aware its largest shareholder, MBU Capital Ltd, is in discussions to sell a portion of its shareholding at a price of 18 pence per share to an undisclosed international commodity trading business. MBU Capital holds 54% of the company. Bens Creek says the discussions are expected to result in the buyer purchasing a 30% stake of the current issued share capital of the company, and adds it is not party to the transaction. Says it is not aware of any commercial or operational reasons for movement of its share price on Thursday.

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31 Mar 2023 20:32

TRADING UPDATE: Tekmar launches fund raising, Artemis Chair resigns

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

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23 Mar 2023 14:23

IN BRIEF: Bens Creek says equipment arrives at coal miner after delay

Bens Creek Group PLC - owner of a metallurgical coal mine in US state of West Virginia - Says all components for a second highwall miner, unit 77 from its highwall mining contractor Mega Highwall Mining LLC, have now arrived on site following a short delay. The highwall miner has been assembled and is now only awaiting completion of its electrical fit out and testing before deployment at the mine.

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9 Mar 2023 14:29

TRADING UPDATES: Forterra lifts yearly dividend on profit surge

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

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3 Mar 2023 12:56

Bens Creek says MBU converts outstanding loan facility into new stock

(Alliance News) - Bens Creek Group PLC on Thursday said MBU Capital Group Ltd exercised its right to convert the full outstanding amount of its loan facility provided to Bens Creek for new shares.

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27 Feb 2023 12:19

Bens Creek agrees repayment of USD6 million convertible loan notes

(Alliance News) - Bens Creek Group PLC on Monday said it agreed repayment terms with its lender ACAM LP regarding USD6 million in outstanding unsecured convertible loan notes.

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13 Jan 2023 16:52

Bens Creek confirms second highwall miner, agrees option for third

(Sharecast News) - American coal miner Bens Creek Group announced on Friday that it has signed an amendment to the agreement with its highwall mining contractor Mega Highwall Mining, to confirm the provision and delivery of a second highwall miner - unit 77 - by the end of January.

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13 Jan 2023 10:21

Bens Creek shares up on delivery of second highwall miner

(Alliance News) - Bens Creek Group PLC shares were up on Friday, after it confirmed the provision and delivery of a second highwall miner, unit 77.

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23 Dec 2022 14:32

IN BRIEF: Bens Creek subsidiary to buy Ben's Creek Rail for USD650,000

Bens Creek Group PLC - London-based mining company focused in North America - Says its subsidiary Ben's Creek Carbon LLC signs a deal to buy up to 100% of the membership interests in Ben's Creek Rail Holding LLC, a company currently owned by Bens Creek's largest shareholder, MBU Capital Group Ltd. The consideration payable by Bens Creek is up to USD650,000 in cash.

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