Tue, 18th Aug 2015 15:34
The board members of oil and gas company Petroceltic International has purchased a round of shares at 157p each following the placing announced last month, the second tranche of which was approved on Thursday at an extraordinary general meeting. The largest deals were carried out by Chief Executiv
Read moreLONDON (Alliance News) - Jubilee Platinum PLC Monday said it had signed a deal with ASA Metals Proprietary Ltd giving Jubilee the exclusive right to access the platinum group metals bearing tailings on the Dilokong Chrome Mines mine area and the right to build a dedicated chrome and platinum grou
Read moreLONDON (Alliance News) - Jubilee Platinum PLC Tuesday said the third ARC furnace at its Middelburg smelter had been commissioned after it reached the targeted design ferroalloy metal production rate, the last stage of the smelter's revamp. In a statement, the company said the targeted outpu
Read moreLONDON (Alliance News) - Jubilee Platinum PLC Monday said it has begun commissioning the third Arc furnace at its Middelburg smelter operations in South Africa, and has also submitted a scoping report for its Tajate platinum project to South Africa's Department of Mineral Resources. The com
Read moreLONDON (Alliance News) - Jubilee Platinum PLC Wednesday reported a narrower loss for 2013 as it cut operating costs and revenues rose. The AIM-listed miner reported a pretax loss of GBP1.5 million for 2013, compared with a loss of GBP3.97 million in 2012, as revenues rose to GBP2.3 million
Read moreLONDON (Alliance News) - Mine-to-Metals specialists Jubilee Platinum PLC Thursday said it mothballed plans to acquire Platinum Australia after failing to reach an agreement on how to structure the deal. The company's started discussions around 15 months ago, but rising debt at Platinum Aust
Read moreLONDON (Alliance News) - Jubilee Platinum PLC Monday said it had conditionally raised about GBP435,000 in a placing, as it also said its Power Alt Pty unit had settled a loan with Investec while its Braemore Resources unit had done a non-converting loan deal. In a statement, the company sai
Read moreAIM-listed Jubilee Platinum has announced a restructurning of its capital structure. The main measure is an agreement to place 24.9m new ordinary shares at a price of 1.75p each one to raise appoximately 435,000 pounds. The funds will be directed at fully redeeming notes placed with Darwin Strateg
Read moreLONDON (Alliance News) - Jubilee Platinum PLC Thursday said that the national energy provider of South Africa has reinstated a private power purchase agreement the company's subsidiary Power Alt Pty Ltd entered into on December 2012. The mining company said its subsidiary will start supplyi
Read moreLONDON (Alliance News) - Jubilee Platinum PLC Wednesday said it has received a notice of exercise from Darwin Strategic Ltd, which wants to convert GBP450,000 of its loan notes into equity at 1.82967 pence a share. About 24.6 million shares will be issued to Darwin Strategic, which will sti
Read more