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Pin to quick picksRainbow Rare Earths Share News (RBW)

Share Price Information for Rainbow Rare Earths (RBW)

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Share Price: 12.50
Bid: 12.00
Ask: 13.00
Change: 0.05 (0.40%)
Spread: 1.00 (8.333%)
Open: 12.45
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EXECUTIVE CHANGES: St Modwen Adds Former Crown Estate CEO To Board

Tue, 26th Jan 2021 15:51

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News:

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St Modwen Properties PLC - Birmingham-based property investor and developer - Hires Alison Nimmo as non-executive director, starting February 1. Nimmo was chief executive of the Crown Estate from 2012 to 2019. The Crown Estate, which manages the Queen's property holdings, is the largest property owner in London's West End. She also held senior roles organising the London 2012 Olympic Games. Nimmo is current a non-executive director of housebuilder Berkeley Group Holdings PLC.

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AEX Gold Inc - gold exploration and mine development in Greenland - Hires Jaco Crouse as chief financial officer, effective immediately. Crouse also will be proposed as a board director at the next annual general meeting. He replaces George Fowlie, who will remain a board director. Crouse is an experienced mining CFO, AEX says, having held the role at Detour Gold Corp and before that Triple Flag Mining Finance Ltd. He also was vice president for Business Planning & Optimization at Canada's Barrick Gold Corp.

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Aminex PLC - Tanzania focused gas project developer - Jan Gunnar Opsal, a representative of shareholder Eclipse Investments LLC, steps down as non-executive director, effective immediately. Eclipse has the right to appoint two directors. As it now is down to only one director, Aminex says Eclipse retains the right to name a second. Back in November, James Lansdell had joined the board as the other Eclipse representative.

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Frenkel Topping Group PLC - Manchester-based financial adviser and asset protection services - Hires Mark Field as non-executive director, effective immediately. Field was a member of Parliament for 18 years, representing the Cities of London & Westminster. He served as UK Minister for State at the Foreign & Commonwealth Office and as vice-chair of the Conservative Party.

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eEnergy Group PLC - London-based energy efficiency-as-a-service - Hires Gary Worby as independent non-executive director, effective immediately. Worby was managing director of Energy & Carbon Management, a specialist UK energy, carbon and water consultancy that was acquired by Inprova Finance in 2018. Inprova was itself bought by AIM-lised Inspired Energy PLC in the same year.

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GSTechnologies Ltd - Milton Keynes, England-based provider of wireless, electronic cabling, security, and other services to clients in infrastructure development - Adds Jack Bai and Shayne Tan to board as executive directors, effective immediately. Bai is a technology entrepreneur who is co-founder of, and leads the development of, the Coalculus blockchain technology, which enables enterprise-ready blockchain-as-a-service to financial institutions and enterprises, GS Technologies says. Bai led the subscription of 198.0 million shares at a price of GBP0.001 per share that raised GBP198,000 for GSTechnologies last week. Tan also is a co-founder of the Coalculus blockchain platform and is its chief marketing officer.

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Volex PLC - Basingstoke, England-based connectivity and power products maker - Hires Amelia Murillo as independent non-executive director, starting Tuesday. Murillo is vice president of financial planning & analysis and treasurer at US industrial firm Carlisle Cos Inc. Meanwhile, Adrian Chamberlain has stepped down from the board, having served since June 2016.

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Rainbow Rare Earths Ltd - rare earth metals projects in Burundi and South Africa - Hires Chris le Roux as lead process consultant and Charles Graham as lead project manager. Le Roux was lead process engineer on several projects for South Africa's Gold Fields Ltd. He was responsible for the preliminary economic assessment for the Lofdal rare earths project in Namibia and the definitive feasibility study for Peak Resources Ltd's Ngualla rare earths project in Tanzania, Rainbow Rare Earths notes. Graham also was at Gold Fields, working as a project director.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
19 Apr 2024 09:03

IN BRIEF: Rainbow Rare Earths Chair Adonis Pouroulis ups stake to 14%

Rainbow Rare Earths Ltd - developing Phalaborwa rare earths project in South Africa and Uberaba project in Brazil - Non-Executive Chair Adonis Pouroulis buys 1.1 million shares at GBP0.098, worth GBP112,161, on Tuesday. The shares are purchased from Piran Resources Ltd, which is connected to Pouroulis and other Rainbow Rare Earths directors. Pouroulis now is interested in 89.5 million shares, a 14.2% stake.

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16 Apr 2024 20:16

TRADING UPDATES: Nexteq confident of meeting full-year expectations

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

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28 Mar 2024 12:29

EARNINGS AND TRADING: Arbuthnot ups payout as profit more than doubles

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

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26 Feb 2024 14:12

IN BRIEF: Rainbow Rare Earths hails tonnage uplift at Phalaborwa

Rainbow Rare Earths Ltd - South Africa and east Africa-focused rare earth oxide producer - Celebrates as updated bulk density estimates for the Phalaborwa resource confirms an increase in overall expected tonnages of around 16%. The increased bulk density reported by Ardaman & Associates Inc showed an increase from 30.4 million tonnes to 35.1 million tonnes, extending the resource's operating life by over two years. Ardaman is the firm responsible for designing a new gypsum stack for the ongoing Phalaborwa definitive feasibility study.

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24 Jan 2024 09:11

LONDON BROKER RATINGS: UBS cuts BAT to 'neutral'; Barclays cuts Senior

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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11 Jan 2024 14:25

IN BRIEF: Rainbow Rare Earths starts rare earth oxide separation in US

Rainbow Rare Earths Ltd - South Africa and east Africa-focused rare earth oxide producer - Says rare earth oxide separation work commences in in Lakeland, Florida, and is achieving initial results as anticipated. Meanwhile, Phalaborwa pilot plant programme in South Africa is generating positive results in both South Africa and the US.

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9 Jan 2024 09:29

LONDON BROKER RATINGS: Berenberg cuts target prices for miners

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Wednesday:

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5 Dec 2023 17:54

TRADING UPDATES: Velocys agrees bid, Helical lets office to Sainsbury

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

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13 Nov 2023 15:48

UK shareholder meetings calendar - next 7 days

Tuesday 14 November 
Celsius Resources LtdAGM
Essentra PLCGM re movement of merger relief reserve
Financials Acquisition CorpEGM re LIU business combination
Fonix Mobile PLCAGM
Petra Diamonds LtdAGM
Smoove PLCGM re takeover by Pexa Group
t42 IoT Tracking Solutions PLCAGM
Wednesday 15 November 
Alternative Income REIT PLCAGM
Ascent Resources PLCGM re approval to issue 45 million shares
CQS Natural Resources Growth & Income PLCAGM
European Opportunities Trust PLCAGM
Hays PLCAGM
Henderson Eurotrust PLCAGM
Northern Bear PLCGM re tender offer
Reach PLCGM re proposed capital reduction
Synergia Energy LtdAGM
Zegona Communications PLCGM re acquisition agreement
Thursday 16 November 
Close Brothers Group PLCAGM
Craneware PLCAGM
Critical Mineral Resources PLCAGM
Dunelm Group PLCAGM
Eagle Eye Solutions Group PLCAGM
JD Wetherspoon PLCAGM
Kier Group PLCAGM
Marble Point Loan Financing LtdAGM
MJ Gleeson PLCAGM
Origin Enterprises PLCAGM
Ricardo PLCAGM
Smiths Group PLCAGM
Friday 17 November 
Future Metals NLAGM
Red Rock Resources PLCGM re allot equity securities
Rockpool Acquisitions PLCAGM
Saietta Group PLCGM re annual accounts and reappointment of auditors
US Solar Fund PLCGM re change of investment policy
Monday 20 November 
Hellenic Dynamics SAGM re share subdivision and share reclassification
McBride PLCAGM
Mountview Estates PLCGM re re-election of directors
Ondo InsurTech PLCAGM
Rainbow Rare Earths LtdAGM
Seraphim Space Investment Trust PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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9 Nov 2023 12:19

Berenberg lowers target price on Rainbow Rare Earths following TechMet deal

(Sharecast News) - Analysts at Berenberg lowered their target price on minerals exploration and production company Rainbow Rare Earths from 43.0p to 38.0p on Thursday but stated the group's $50.0m TechMet deal had de-risked its funding case.

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9 Nov 2023 09:43

LONDON BROKER RATINGS: M&S and Unilever raised but Asos cut

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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8 Nov 2023 11:04

Rainbow Rare Earths shares rise as TechMet signs option deal

(Alliance News) - Rainbow Rare Earths Ltd on Wednesday said it has signed a deal to give investor TechMet Ltd an option to invest USD50 million in its Phalaborwa project in South Africa.

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30 Oct 2023 11:17

Rainbow Rare Earths annual loss widens amid supply chain issues

(Alliance News) - Rainbow Rare Earths Ltd on Monday noted continued disruptions to supply chains as it reported a widened loss in its financial year.

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4 Oct 2023 14:33

Rainbow Rare Earths strikes deal with Nexus for gypsum by-product sale

(Alliance News) - Rainbow Rare Earths Ltd on Wednesday said it signed a letter of intent with Nexus Intertrade Pty Ltd under which Nexus will buy gypsum by-product from the Rainbow's Phalaborwa project in South Africa.

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27 Sep 2023 16:06

TRADING UPDATES: ECR Minerals submits exploration licence in Australia

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

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