Proactive Investors - Run By Investors For Investors
Market: AIM
Sector: General Mining - Zinc, Lead and Tin
Market Cap: 3.58M
Connemara Mining

Connemara Mining

Connemara is a diversified exploration company with principal assets in gold and zinc exploration licences across Ireland.  Connemara now holds interests in a total of 47 licences, including joint ventures with Teck at the Oldcastle zinc project and with Group Eleven Resources at the Stonepark zinc project. Connemara is actively exploring and drilling on two gold projects: at the Inishowen...

Connemara Mining

Interactive graph

col 3
col 4
col 5
col 6

Connemara Mining Timeline

Connemara Mining (LON:CON) shares surged over 15% on Wednesday as the firm, which holds interests in 35 exploration licences in Ireland, posted final results. The gold, lead and zinc firm, which has joint ventures with Canadian Teck and Hendricks, said it was financially secure, having raised funds last year.
Connemara Mining's share price suggests the market just isn’t recognising the company’s potential. This may be because it has been caught in the market-wide sell-off that has hit the small-cap sector hardest. Or perhaps it’s as chairman John Teeling suggests – that this tightly held stock has been...
Connemara Mining looks to be well placed following yesterday’s news that Minco plans to sell its stake in the Pallas Green zinc project in Ireland to joint venture partner Xtrata for $19.4m. Broker Optiva believes the deal has "positive implications" for Connemara’s own zinc prospect, right next door to Pallas.

© Proactive Investors 2018

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use