African Minerals is a mineral exploration company with significant interests in Sierra Leone, West Africa. The Company’s main asset is the Tonkolili Iron Ore Project, located in the Sula Mountains Greenstone Belt of Sierra Leone.
16/05/12
Director share dealing16/05/12
CRM subscribes to Convertible Bond14/05/12
Additional Listing on Exercise of Share Options02/05/12
Additional Listing on Exercise of Share Options01/05/12
Directorate Change01/05/12
Result of Meeting11/04/12
Preliminary Results02/04/12
Receipt of SISG funds and Secured Loan repayment30/03/12
AML and SISG complete $1.5Bn investment24/02/12
Additional Listing on Exercise of Share Options
18/08/11
City analysts reckon African Minerals has little room for error and it may need to take on more debt or look at alternative finance options, after it revealed rising capex costs at the Tonkolili project.
03/06/11
The institutional investment group has initiated coverage on four of six London-listed mine developers who are set to bring new mines online, to collectively produce 330 million tonnes each year. Analysts Hunter Hillcoat and Mark Heyhoe gave ‘buy’ recommendations on African Minerals, Afferro Mining, Bellzone and Zanaga.
13/07/10
The tie-up with Shandong Iron & Steel will see mining entrepreneur Frank Timis's group hand over a 25 per cent stake in its flagship Tonkolili prospect in Sierra Leone in a three stage deal.
08/03/12
African Minerals initiated by Credit Suisse with 'outperform' rating07/11/11
African Minerals' move from developer to producer will result in re-rating, says Deutsche Bank04/11/11
African Minerals begins first shipment of iron ore from Sierra Leone - the first for 30 years14/10/11
African Minerals capable of robust cash generation and earnings, says Investec18/08/11
African Minerals to produce more iron ore from Tonkolili11/11/10
African Minerals to raise US$800m for Tonkolili iron ore project16/07/10
African Minerals appoints China Railway Materials Corp VP to board06/04/10
African Minerals and China Railway Materials move ahead with Tonkolili Iron Ore Project Development17/02/10
African Minerals ups JORC iron ore reserve at Tonkolili to 10.5 billion tonnes21/01/10
African Minerals raises £80 mln for infrastructure at Tonkolili iron ore project, Sierra
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