Member Info for mannnan

if it,s in auction ....that mean seller done

any reason for steady buying ?

applegarth
you think 0.5/0.75 ?

not sure about real news but surely the bounce will come

bought some earlier i think bounce will come as soon as the 238 million done

ICON......all the placing news there

maybe the king kong

let me know when it,s come

238m shares dumping

what you going to say that who paid .....3.10 ?

this move very sharply either way

and all the post has been removed

why lot,s of trade from friday has been deleted .and confused with closing price

UK economy suffers worst performance since 2012

UK economy suffers worst performance since 2012

Rambler Metals & Mining* (RMM LN)

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1.3p, mkt cap £16.9m – A new quarterly throughput record in Q2 2019

Rambler Metals reports that its Nugget Pond mill achieved a record quarterly throughput of ore from its Ming copper/gold mine in Newfoundland during the quarter ending 30th June 2019.
In total, 112,679 tonnes of ore were processed at an average grade of 1.40% copper and 0.60g/t gold exceeding the 98,411 tonnes of ore processed at an average grade of 1.33% copper and 0.58g/t gold during the previous quarter ending 31st March 2019 - which was itself a record.
Head grades are edging higher and CEO, Andre Booyzen, commented that “Given the productivity improvements in the mine, which have provided access to better grade material in both the Lower Footwall Zone and the Ming Massive Sulfide deposits, we are now turning our attention to increasing the overall feed grade delivered to the mill”.
We observe that, in the past, the company has stated that throughput of 1,250tpd was an objective ahead of its longer term plans to expand to 2,000tpd throughput and reporting that “Daily production during the quarter averaged 1,309 dry tonnes per day with a monthly peak of 1,339 dry tonnes per day in June. On July 22, the mill achieved a new one-day record throughput of 1,493 dry tonnes per day” establishes a solid platform for this expansion.
The increased mill throughput resulted in the production of 5,425 tonnes of copper gold concentrates which is a 13% increase on the previous quarter and the highest level of concentrate output since at least early 2016.
Year to date throughput of 211,090 tonnes of ore at an average grade of 1.36% copper and 0.59g/t gold keeps Rambler Metals on track to achieve its previously published 2019 production guidance of milling between 400-450,000t of ore at an average grade of 1.3-1.5% copper. Although the gold grade is running marginally below the guidance range of 0.7-0.9g/t we estimate that precious metals represent only around 15% of overall revenue.
The company also discloses that work on the new tailings disposal facility, capable of sustaining processing rates “in excess of 1,400 dry tonnes per day … will be in place and operational by August 31”. The work was “completed ahead of schedule”.
Mr. Booyzen summarised saying that “This last quarter’s mine and mill performance has demonstrated effectiveness of the focus on continuous improvements that were started in late 2018 and still continue” and when on to undertake that “We will keep improving mining production and the average grade of ore produced so that saleable copper production continues to increase”.
Conclusion: The company has maintained and exceeded its 1250 tpd target for throughput during Q2 and H1 2019 and remains on track to meet its published production guidance for the full year. The emphasis on accessing higher grades should help maintain the rising trend of concentrate production which continued on a rising trajectory during the qu

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Improvement Programme Lifts Rambler's Second-Quarter Production

Fri, 9th Aug 2019 11:01
(Alliance News) - Rambler Metals & Mining PLC on Friday said output rose sharply in the second quarter of 2019 due to its mining process improvement programme and changes to executive management.

Shares in Rambler were up 19% at 1.52 pence in London in morning trade.

Rambler said its executive management changes and the improvement programme, which began midway through 2018, were responsible for a "consistently higher" ore production rate and a higher rate of copper contained in ore in the second 2019 quarter.

Ore production in the second quarter ended June 30 was 1,239 dry tonnes per day, up from 1,036 dry tonnes per day the year before - a 20% improvement.

Moreover, copper contained in ore produced in the second quarter was 17.2 dry tonnes per day versus 11.7 dry tonnes per day, up 47% year-on-year.

Development rounds per week were up at 24 from 23 the previous year.

For the quarter, Rambler's Nugget Pond copper and gold processing facility in Canada processed 112,679 dry metric tonnes at a 1.4% copper feed grade and 0.60 grammes per tonne of ore of gold. This compares to 94,589 tonnes at a 1.1% copper feed grade and 0.63 grammes per tonne gold in the second quarter of 2018. Second quarter production averaged 1,309 dry tonnes per day.

Recovery of metal to concentrate at Nugget Pond was almost unchanged at 94% for copper and 68% for gold. In total, "5,425 tonnes of concentrate containing saleable metal of 1,417 tonnes of copper and 1,321 ounces of gold" were produced from Nugget Pond in the quarter, with saleable tonnes of copper up 45% and ounces of gold rose 10%.

Rambler President & Chief Executive Andre Booyzen said: "This last quarter's mine and mill performance has demonstrated effectiveness of the focus on continuous improvements that were started in late 2018 and still continue. Our staff and contractors are focussed on producing safely and exceeding production targets."

"We will keep improving mining production and the average grade of ore produced so that saleable copper production continues to increase. Our efforts with people and culture has brought positive momentum to our workforce with low absenteeism and low staff turnover now aiding production. A commitment to local recruitment and training has resulted in a stable and committed workforce."

"We have completed work ahead of schedule on our new tailings facility and are depositing tailings at Camp Pond under manual control as of July 18. The tailings project included some critical control components necessary to sustain milling rates in excess of 1,400 dry tonnes per day and these will be in place and operational by August 31. We have also committed to replacing some key mining equipment that has reached the end of their useful life, as well as adding to our underground fleet to enable longer hauls as we mine deeper."

good to see blue