African Minerals Ltd

Type: Company
Name: African Minerals Ltd (African Minerals Limited)
First reported Apr 16 2014 - Updated 2 hours ago - 1 reports

Sierra Leone loses $600m to 2 foreign companies

Copyright : APASierra Leone lost an annual average of US$200 million from 2010-2012 to African Minerals and London Mining Company, both engaged in mining iron ore with contracts up to 100 years, reports said.Sierra Leone’s National Revenue Authority said ... [Published StarAfrica.com - Apr 16 2014]
First reported Apr 15 2014 - Updated Apr 16 2014 - 1 reports

Beaufort Securities starts speculative buy on West

African Minerals CorporationSource: SMWStory provided by StockMarketWire.com ... [Published Telegraph - Apr 15 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 1 reports

Sierra Leone News: MP rescues 41 fire victims

For almost two months now, a total of forty-one (41) family heads with an array of dependants are helpless in the villages of Robun and Mayamana in Masimra Chiefdom, Port-Loko district, following the destruction of their properties by a wild bush fire ... [Published Awoko - Apr 16 2014]
First reported Apr 15 2014 - Updated Apr 15 2014 - 2 reports

Tax Breaks for Multinationals Outstrip Spending On Schools and Clinics in Sierra Leone [press release]

A new report highlights the huge amount of revenue that one of the poorest countries in Africa loses each year through tax breaks for multinationals.In 2011, Sierra Leone spent more on tax give-aways than on its development priorities, with mining firms ... [Published Individual.com - Apr 15 2014]
First reported Apr 15 2014 - Updated Apr 15 2014 - 1 reports

MDM Engineering to vote on Foster Wheeler deal on 9 May

(M&A Navigator via COMTEX News Network) -- 15 April 2014 - South African minerals process and project management firm MDM Engineering Group Ltd (LON:MDM) said today it expects to hold its general meeting on 9 May to vote on its GBP65.3m (USD109.1m/EUR79m) ... [Published PredictWallStreet - Apr 15 2014]
First reported Apr 14 2014 - Updated Apr 14 2014 - 1 reports

African Minerals Limited Price Target Cut to GBX 295 (AMI)

Equities research analysts at Canaccord Genuity decreased their price target on shares of African Minerals Limited (LON:AMI)Several other analysts have also recently commented on the stock. Analysts at Edison Group reiterated a “positive” rating on shares ... [Published American Banking News - Stock Ratings - Apr 14 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 1 reports

Ethiopia: Zimbabwe insists platinum export ban to curb capital flight

The export ban on unprocessed platinum and Chrome in Zimbabwe will take effect within two years in an effort to crackdown on illicit capital flight, a senior finance ministry official said here Thursday.Willard Manungo, the Permanent Secretary, Finance ... [Published African Manager - Apr 11 2014]
First reported Apr 10 2014 - Updated Apr 10 2014 - 1 reports

INTERVIEW-China Kingho has partners for $6 bln-plus ore investment in Sierra Leone

* More than ten interested parties, but yet to sign deals* Mining to start in 2017 but $6 bln spend goes beyond that* Will mine 30 mln T/year of iron ore from 2017* Has 14 exploration licenses, four mining licensesBy Maytaal AngelLONDON, April 10 (Reuters) ... [Published TrustMedia - Apr 10 2014]
First reported Apr 10 2014 - Updated Apr 10 2014 - 1 reports

Recent Investment Analysts’ Ratings Updates for African Minerals Limited (AMI)

A number of stock research firms have changed their ratings and price targets for African Minerals Limited (LON: AMI) during the last seven days: African Minerals Limited (LON:AMI) opened at 137.50 on Thursday. African Minerals Limited has a one year ... [Published American Banking News - Apr 10 2014]
First reported Apr 10 2014 - Updated Apr 10 2014 - 1 reports

Zimbabwe: Fresh Bid to Ban Zim Diamonds

WESTERN countries have launched a fresh bid to block the sale of Zimbabwe diamonds using the Organisation for Economic Co-operation and Development, sources close to the Dubai Diamond industry have confided. The sources warned that Zimbabwe's stand-off ... [Published AllAfrica.com - Apr 10 2014]
First reported Apr 10 2014 - Updated Apr 10 2014 - 1 reports

Risks cloud African’s skies

Iron ore miner would be interesting recovery play if it wasn’t for commodity fearsConcerns about iron ore pricing and balance sheet strength make $775 million cap African Minerals (AMI:AIM) too high risk to consider as a turnaround story at 140.6p. Investors ... [Published Shares Magazine - Apr 10 2014]
First reported Apr 03 2014 - Updated Apr 04 2014 - 6 reports

African Minerals slashes operating loss in 2013

African Minerals posts an operating loss of USD 32.5 million after special items of USD 115.1 million for the year to the end of December down from USD 222.5 million last time.The company which is the developer and operator of the Tonkolili iron ore mine ... [Published Steel Guru - Apr 04 2014]

Quotes

Abu Bakarr, Co-ordinator at BAN, questions both the size of the exemptions and the way in which contracts have been awarded. "In recent years, Sierra Leone has worked hard to exploit its large deposits of iron ore, diamonds, bauxite and rutile, with the government keen to persuade mining companies to invest" he said
Ebullio's executive managing partner, Lars H Steffensen, said: "Ebullio remains Alexander's largest shareholder and our commitment to them and their technology is unwavering. We have not changed our dedication to developing the close working relationship with Alexander."
Mr Nick Warrell CEO of Sula Iron & Gold said that "Defining a maiden resource will be a major milestone for the company and I am confident that with a fully funded program, a proven exploration team and established infrastructure we have the necessary foundations in place to achieve this."
"In 2017 maybe we're in production on the mining side, but not all the $6 billion would have been spent by then. That figure includes building infrastructure. We have 14 iron ore exploration licenses in Sierra Leone and four mining licenses" Chang said

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All (149) | News (147) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Mining Sector: Anglo Asian plunges after it low... [Published Stock Market Wire - 1 hour ago]
Mining Sector: Tertiary Minerals down despite l... [Published Stock Market Wire - Apr 16 2014]
Sierra Leone loses $600m to 2 foreign companies [Published StarAfrica.com - Apr 16 2014]
Sierra Leone News: MP rescues 41 fire victims [Published Awoko - Apr 16 2014]
Tax Breaks for Multinationals Outstrip Spending... [Published Individual.com - Apr 15 2014]
Mining Sector: Alexander tumbles after Ebullio ... [Published MoneyAM - Apr 15 2014]
Africa: Tax Breaks for Multinationals Outstrip ... [Published AllAfrica.com - Apr 15 2014]
Wish you weren’t here: transnationals on their ... [Published New Internationalist - Apr 15 2014]
Beaufort Securities starts speculative buy on West [Published Telegraph - Apr 15 2014]
Tenova awarded Definitive Feasibility Study for... [Published Bulk Solids Handling - Apr 15 2014]
MDM Engineering to vote on Foster Wheeler deal ... [Published PredictWallStreet - Apr 15 2014]
African Minerals Limited Price Target Cut to GB... [Published American Banking News - Stock Ratings - Apr 14 2014]
Sula Iron & Gold kicks off drilling at Ferensol... [Published Steel Guru - Apr 12 2014]
Ethiopia: Zimbabwe insists platinum export ban ... [Published African Manager - Apr 11 2014]
Editorial Comment: Diamond auctions expose West... [Published Zimbabwe Chronicle - Apr 11 2014]
Which way forward for the BRICS in Africa, a ye... [Published Pambazuka News - Apr 10 2014]
Mining Sector: Mariana up after Argentina VAT r... [Published Stock Market Wire - Apr 10 2014]
Africa’s natural resources no longer a curse? [Published How We Made It In Africa - Apr 10 2014]
INTERVIEW-China Kingho has partners for $6 bln-... [Published TrustMedia - Apr 10 2014]
Recent Investment Analysts’ Ratings Updates for... [Published American Banking News - Apr 10 2014]
Zimbabwe: Fresh Bid to Ban Zim Diamonds [Published AllAfrica.com - Apr 10 2014]
Risks cloud African’s skies [Published Shares Magazine - Apr 10 2014]
Brokers' round-up, bullish initiations on McColls [Published Telegraph - Apr 09 2014]
FLASH: Investec reiterates buy on African Miner... [Published Stock Market Wire - Apr 09 2014]
Sula Iron and Gold set to significantly advance... [Published MiningReview.com - Apr 09 2014]
Sula Iron & Gold kicks off drilling at Ferensol... [Published Proactiveinvestors United Kingdom RSS feed - Apr 09 2014]
Sula says drilling begins at Ferensola Iron Pro... [Published MoneyAM - Apr 09 2014]
SULA IRON AND GOLD : & GOLD PLC - Commenced Dri... [Published 4 Traders - Apr 09 2014]
Mining Sector: New World Resources down amid sp... [Published Stock Market Wire - Apr 08 2014]
African Minerals : Zimbabwean appointed acting ... [Published 4 Traders - Apr 08 2014]
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Day Ahead: Tate & Lyle updates investors after ... [Published Proactiveinvestors United Kingdom website - Apr 02 2014]
The City will be keeping a close eye on progress at starches and sweeteners group Tate & Lyle ( LON:TATE ) on Thursday. As the company enters a close period, a trading statement will give investors a clue about how the business has fared amid lower ...
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