(ShareCast News) - Sierra Rutile posted an operational update for the third quarter of 2016 on Friday, with strong quarterly production at 43,081 tonnes of rutile. The AIM-traded firm said that was a 24% increase in rutile production from Q2 2016, and a 27% increase from Q3 2015. Gangama Dry Mine w
Read more(ShareCast News) - Sierra Rutile updated the market on its merger transaction with Iluka Investments on Thursday, after a significant deadline elapsed in their agreement. "As noted in the parties' respective announcements of 6 September, the Merger Implementation Agreement dated 31 July provided for
Read more(ShareCast News) - Shares in Mineral sands producer Sierra Rutile fell nearly 17% on Tuesday morning as it was announced that its proposed $375m merger with Australian zinc miner Iluka Resources is to be delayed by a German regulator calling for a longer review of the deal. Reportedly the German ant
Read more(ShareCast News) - AIM-listed Sierra Rutile (SRL) said on Monday that its board of directors and major shareholder have accepted a takeover bid from Australian mineral sands miner Iluka Resources that values the group at £215m. Under the terms of the acquisition, Sierra Rutile shareholders will rece
Read more(ShareCast News) - Sierra Rutile posted an operational update for its second quarter on Friday, reporting a strong quarterly production of 34,629 tonnes of rutile - a 29% increase from the first quarter, and a 16% increase from the second quarter of last year. The AIM-traded firm had a record first
Read more(ShareCast News) - Sierra Rutile had an extra £14m to play with on Thursday, completing a share placing with both new and existing institutional investors. The AIM-traded firm said the placing was oversubscribed, with the net proceeds being used to provide additional working capital and financial fl
Read more