Proactiveinvestors United Kingdom Noventa Limited articles

Noventa looks to move on after torrid time

Thu, 04 Aug 2011 09:40:00 +0100

Noventa, the tantalum miner, has had a torrid time very recently, but with a much needed fundraising well advanced now, and the boardroom having received a facelift, its management is no doubt looking to draw a line under its woes and move the company and its assets forward.

Noventa's Marropino and Morrua tantalum mines estimated to produce 6.21 mln pounds

Tue, 19 Oct 2010 08:14:00 +0100

Noventa's Marropino and Morrua mines are capable of producing an estimated 6.21 million pounds of tantalum over a 9.3 year life-span of the two operations. The latest technical report report put the indicated resource at Marropino alone at 7.4mt grading 223 ppm tantalum for 3.64 mlbs of tantalum contained.

Noventa plans to accelerate assessment of new Tantalum discovery

Fri, 03 Sep 2010 10:50:00 +0100

Noventa believes that the new discovery may enhance the Marropino mine's economics, and consequently 'reduce or eliminate' the need for further external financing under its 'Strategic Plan'.

Noventa's new Tantalum find is pretty significant, says Collins Stewart

Thu, 26 Aug 2010 07:00:00 +0100

According to the City broker Tantalum is one of the best stories out there in terms of supply and demand, and Noventa is "probably the best placed” to profit from an acute lack of supply.

Noventa boosted by US$895,000 VAT rebate in Mozambique

Tue, 17 Aug 2010 08:50:00 +0100

The strategy of managing the Marropino tantalum mine from where it is located is quite literally paying off: painstaking efforts by the Mozambique-based team have resulted in a windfall in the form of a VAT rebate which had seemed uncollectible as the previous management had lost the required paperwork.

Noventa: A year of whirlwind change

Mon, 19 Jul 2010 12:41:00 +0100

The turnaround at Noventa (LON:NVTA) under boss Eric Kohn is on track as the miner prepares for the next stage in its development. His plan is to transform the company into a world class and profitable supplier of tantalum concentrate.

Noventa plans to restart Marropino tantalum mine in Mozambique in March/April 2010, seeks new CFO

Fri, 20 Nov 2009 10:33:00 +0000

Noventa plans to restart the Marropino tantalum mine in Mozambique around March or April 2010 and is recruiting key staff, including a new CFO as the incumbent does not plan to relocate to Maputo when the company HQ moves there.

Noventa soars after confident outlook for Marropino tantalum mine restart

Mon, 03 Aug 2009 15:05:00 +0100

Shares in Noventa Ltd (AIM: NVTA) soared in afternoon trade today after the Jersey-based tantalum mining group announced that its new management team can profitably restart the Marropino mine in Mozambique, its troubled flasgship operation, which has been in care and maintenance since May 2009.