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Share Price: 61.50

Bid: 61.00

Ask: 62.00

Change: 1.00 (1.64%)

Spread: 1.00 (1.639%)

Open: 61.00

High: 62.00

Low: 62.00

Prev. Close: 61.00

Last checked at -

IN BRIEF: Serabi reports suspension of two local managers in Brazil

Tue, 06th Apr 2021 19:25

Serabi Gold PLC- exploration and production company focussed on Brazil - Says the UK executive management and the board has suspended two local managers in Brazil. The company says it has engaged lawyers in Brazil who have commenced their own internal enquiries whilst BDO LLP, Serabi's auditors, are undertaking further work to resolve the audit issues identified in Brazil.

Serabi notes that continuing production at Palito and Sao Chico is unaffected, and it expects to provide its routine update on production for the first quarter towards the end of April.

Current stock price: 61.00 pence, down 9.0% on Tuesday

Year-to-date change: down 37%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

More News

21 Jan 2011 12:08

Small caps round-up: African Eagle, Finsbury Food, Thor Mining

African Eagle's £3.7m placing at 15.5p a share was oversubscribed by new and existing institutional shareholders, the company said Friday. Chairman Euan Worthington said the firm, which is pinning its hopes on the Dutwa nickel project in Tanzania, had enough cash to complete a pre-feasibility study

29 Jun 2010 09:02

Serabi Mining Exploration Program Focused On Palito

LONDON (Dow Jones)--Serabi Mining PLC (SRB.LN) said Tuesday the current exploration program is focused on a number of promising geophysical anomalies highlighted by the 2008 airborne VTEM survey and subject to finalizing a drill contract and mobilizing, it will undertake an estimated 7,500 meters of

16 Jun 2010 14:41

London afternoon: Footsie flat

Footsie dropped into the red over the lunchtime session before crawling back into positive territory. Little seems capable of getting investors excited, with even the highly volatile BP having a relatively quiet day. Part-nationalised lender Royal Bank of Scotland is the best performing blue chip.

16 Jun 2010 11:41

Small cap round-up: GTL Resources, Serabi, Stewart & Wright

Higher production and improved margins helped ethanol producer GTL Resources more than double profits in the year to March 31. Pre-tax profits climbed to $32.9m from $14.5m the previous year on revenues that were up to $216.6m from $145.5m. Brazil-focused gold miner Serabi Mining has agreed to iss

16 Jun 2010 07:50

Serabi Mining Enters Share Subscription Pact With Eldorado Gold

LONDON (Dow Jones)--Serabi Mining PLC (SRB.LN), a resources company, said Wednesday it has entered into a conditional share subscription agreement with Eldorado Gold Corporation (ELD.LN) a Canadian-based gold producer with existing interests and operations in Turkey, China, Brazil and Greece. M

14 Jun 2010 15:58

Serabi Mining: IBAMA Suspends Operations At Palito >SRB.LN

LONDON (Dow Jones)--Serabi Mining PLC (SRB.LN), an AIM-traded gold exploration and production company, said Monday that following a visit from a representative of the Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renovaveis, or IBAMA, the Federal Environmental Agency, Serabi Mineraca

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IN BRIEF: Serabi reports suspension of two local managers in Brazil

Small caps round-up: African Eagle, Finsbury Food, Thor Mining

Serabi Mining Exploration Program Focused On Palito

London afternoon: Footsie flat

Small cap round-up: GTL Resources, Serabi, Stewart & Wright

Serabi Mining Enters Share Subscription Pact With Eldorado Gold

Serabi Mining: IBAMA Suspends Operations At Palito >SRB.LN

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