Berkeley Mineral Resources Share News (BMR)

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Resources round-up: Berkeley Mining, Victoria Oil and Gas, EMED Mining

Mon, 09th Jul 2012 09:15

Berkeley Mining Resources dropped 8% after it failed to complete due diligence on two copper tailing clusters at Chingola in Zambia. The company recently signed an agreement on one site in the area and investors had hoped a deal on the other two would be forthcoming. Berkeley said it continued to negotiate with the directors of the parties concerned.AIM-quoted Victoria Oil & Gas announced continuous production operations had started at its 95% owned and operated Logbaba gas and condensate project in Cameroon. The company's first three customers had taken delivery of gas in sufficient volume to allow the production facilities to operate 24 hours a day, it said.EMED Mining, the Europe-based minerals development and exploration company, rose 11% after it announced a $10m deal to buy land next to the Rio Tinto Copper Mine in Andalucia. EMED said the land was required to restart production at the mine and satisfied almost all of the project's needs for tailings deposition from proposed operations. The firm intends to enter into a 50/50 joint venture with the seller Rumbo to test and potentially exploit some tailings and waste dumps. Jubilee Platinum has announced a farm-in deal with Indian Pacific Resources (IPR) for its Ambodilafa tenement area in Madagascar. Under the deal IPR will receive up to a 90% interest in all commodities it finds except platinum group metals, metals traded on the London Metals Exchange and chrome. Jubilee said the arrangement would give it participation rights in a potentially large non-core iron ore opportunity with minimum initial funding.Beacon Hill Resources said it had appointed Nathan Culkin as General Manager of Coal Processing and Quality at its Minas Moatize mine in Mozambique. Culkin will be responsible for the day to day operations and development of the mine processing and coal quality functions at the mine and at the group's coal loading facility at the port of Beira. Andes Energia said it was on track to complete the demerger of its electricity business into a new entity, Andina. All shareholders and warrantholders resolutions had been passed and a court hearing to confirm the reduction of capital is to be held on 11 July, the firm said. The is the last step required to complete the demerger.Pathfinder Minerals jumped 13% on Monday after it came a step closer to winning a dispute over mining licences in Mozambique. The fight is over how shares in Companhia Mineira de Naburi were acquired by the company's wholly owned subsidiary IM Minerals. The UK High Court has now said it will hear the case and indicated its findings will be enforceable in Mozambique.Shares in Aurum Mining rose almost 5% after the firm announced it had received approval to exercise an option to acquire five tungsten permits in Salamanca Province. The cost of acquiring the permits will be €140,000, which the company will fund out of its existing cash pile. Aurum is currently incorporating a Spanish subsidiary to hold the permits and as soon as the entity is incorporated it said it would proceed with the formal acquisition process.MM

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28 Mar 2014 13:08

Losses at Berkeley Mineral Resources widen as operations ramp up

Berkeley Mineral Resources (BMR), which extracts metals from tailings at former mines, said that losses widened in the first half, causing its share price to sink sharply on Friday. The company said it "made further progress towards its strategic goal of becoming a processor and supplier of key bas

28 Mar 2014 12:33

Berkeley Mineral Resources Loss Grows As It Develops Zambia Operations

LONDON (Alliance News) - Berkeley Mineral Resources PLC Friday said its pretax loss widened in its first half as expenses increased in order to further develop its operations in Zambia. The AIM-listed resource company with operations in Zambia, which is yet to produce any revenues, said its

28 Mar 2014 11:33

UK WINNERS & LOSERS: Strategic Natural Rebounds; Life Insurers Fall

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.

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FTSE 100 - WINNERS

Glencore Xstrata, up 1.9%, Anglo American, up 1.6%, and Rio Tinto, up 1.4

3 Feb 2014 10:57

Berkeley Mineral Resources Announces Positive Results From Copper Processing Trials

LONDON (Alliance News) - Berkeley Mineral Resources PLC Monday announced the latest results from continuing copper processing trials at Kabwe in Zambia. The AIM-listed resource company with operations in Zambia, said the tests, which commenced in December following the construction of a cop

11 Nov 2013 11:20

Berkeley Mineral Resources Sees Annual Profit Of USD3 Million From Kabwe Site

26 Sep 2013 08:09

Berkeley Mineral Resources To Start Copper Tailings Production In Q4

9 Sep 2013 12:14

Berkeley Mineral Resources Tailings Sites To Be Assessed

12 Jun 2013 08:34

Berkeley Mineral Resources acquires copper processing plant

Berkeley Mineral Resources,the AIM-listed resource company engaged in the processing of tailings dumps in Zambia, has acquired a copper processing plant, an statement issued by the company has shown. The new plant will be located on the company's site at Kabwe and will process tailings and other ma

25 Apr 2013 10:27

Berkeley Mineral Resources moves step closer to production at Kabwe mine

Berkeley Mineral Resources (BMR), the AIM-listed tailings processing company, has reported that Ascot, its appointed processing consultant, has received a final batch of representative samples of washplant stockpiles from BMR's Kabwe mine-site in Zambia. The Kabwe mine was in operation from 1906 t

12 Mar 2013 09:51

Berkeley Mineral Resources begins programme at Kabwe

Berkeley Mineral Resources (BMR) said on Tuesday it kicked off processing of washplant tailings at the former Kabwe mine site in central Zambia. The programme is expected to produce zinc and lead grade of no less than 40% by year end. Last year BMR acquired all the tailings at the former Kabwe min

4 Feb 2013 08:56

Berkeley Mineral Resources on copper programme in Zambia

Berkeley Mineral Resources announced Monday that it has kicked off operations at its copper processing pilot programme at Ndola, northern Zambia. Production is under way after securing the industrial zone site, according to the group which is engaged in the processing of copper tailings dumps - the

28 Jan 2013 09:23

Berkeley Mineral Resources: tech team's Zambia findings due in February

AIM-listed metals processing company Berkeley Mineral Resources expects to receive feedback on its lead and zinc benification plant in Zambia as early as February, a trading update published by the company on Monday has disclosed. The company, which appointed Ascot Group to draw up plans for its be

18 Jan 2013 15:53

Sector movers: Evraz leads industrial metals stocks higher

Strong gains for steel giant EVRAZ helped push the industrial metals and mining sector to the top of the pile on Friday. Shares in EVRAZ were up 4.39% at 304.2p in afternoon trade despite the company reporting that steel production fell 6.0% from the third to the fourth quarter mainly due to the sc

18 Dec 2012 17:00

Geronimo Inns MD offloads shares in parent group Young's & Co

Rupert Clevely, the Managing Director of Young's & Co Brewery's Geronimo Inns division, sold nearly half a million pounds-worth of shares in the pubs group on Tuesday. Clevely, who co-founded Geronimo Inns, sold 62,688 shares in Young's & Co at 701.3573p a pop, earning himself a total of £439,667.

13 Dec 2012 16:33

Cairn Chairman reduces stake by more than half

The wife of Cairn Chairman, Sir Bill Gammell, has traded in a large slice of shares, reducing his stake in the oil exploration company to 596,331 shares. Lady Janice Gammell sold the shares at 263.26p earning £1.45m before tax. The Chairman earned a further £260,006 through the sale of another 9

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Resources round-up: Berkeley Mining, Victoria Oil and Gas, EMED Mining

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