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Regency Mines plc (AIM: RGM; Frankfurt: RM4) is listed on the Alternative Investment Market of the London Stock Exchange Ltd in London and on the Frankfurt Exchange. It is also traded on the PLUS Markets platform. The Company’s principal asset is the joint venture with Direct Nickel Ltd (DNi) in the Mambare nickel-cobalt project in Papua New Guinea. Regency is also a significant shareholder in DNi which owns a laterite nickel treatment technology at pilot plant stage.

Website:
http://www.regency-mines.com
Phone:
+44 (0)20 747 9960
Address:
Ivybridge House, 1 Adam Street, London WC2N 6LE.
Super Sector:
General Mining - Nickel and Cobalt
Sector:
Mining
Industry:
General Mining
EPIC / Symbols:
LON:RGM
chart-size
*subject to change and depends on individual circumstances.

Regency Mines RNS Press Releases

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Regency Mines Articles and News

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Regency Mines Related Media

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Broker press

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  • 29/03/12
    +0.32 +2.30

    Press: Regency Mines rose after a reassuring update on its progress towards drilling gold prospects later this year with government approval... read more

Director dealings

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Date Director Trans Amount Type Price(p) Value (£) Holding %
07/08/12 A. Bell EX 280,373 OPT 0.00 0 2,066,666 0.28
06/08/12 E. Bugnosen EX 280,373 OPT 0.00 0 666,664 0.09
06/08/12 S. Kaintz EX 280,373 OPT 0.00 0 466,664 0.06
06/08/12 J. Lee EX 280,373 OPT 0.00 0 1,290,664 0.18
06/08/12 J. Watkins EX 280,373 OPT 0.00 0 4,136,168 0.56

BASIC RESULTS INFORMATION

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Date Type Turnover Profit EPS (p) Dividend (p) Currency
31/12/12 Interim 0.04 -3.00 -0.41 0.00 GBX
30/06/12 Full year 0.17 -2.11 -0.32 0.00 GBX
31/12/11 Interim 0.00 -1.24 -0.24 0.00 GBX
30/06/11 Full year 0.17 1.83 0.40 0.00 GBX
31/12/10 Interim 0.00 2.54 0.39 0.00 GBX

Company Statement

 

Regency Mines plc has a wealth of experience in exploration for numerous minerals and strives to progress current projects in addition to being open to new opportunities and tenement acquisitions.

Regency adds value to its assets by joint venture, acquisition and disposal of mineral resource interests in addition to being an active investor in the mineral resources corporate market.

The Company’s investments include:

o 8.86% shareholding in Direct Nickel Ltd with an estiminated value of £4.4 million

o 16.5% of AIM-listed Red Rock Resources plc with a value of £3.94 million

o 11% of Oracle Coalfields PLC, valued at £1.32 million

o 16.26% shareholding in Alba Mineral Resources, with a value of £125,000

 

Current Operations

Through investments the Company indirectly holds Australian iron ore interests, Asian coal interests and through a strategic partnership, Regency is involved in nickel treatment technology.

 

The Company looks for investments and projects with potential for significant magnitude. Mambare,

the DNi treatment technology, and the investment in Oracle Coalfields plc all have the potential to

develop into sizeable projects on a global scale. 

 

Copper and gold - Bundarra, Australia

260 sq km

The Bundara project surrounds a granodrite pluton in the Bowen Basin of central Queensland and was a former mining camp that produced copper commercially in the late 19th and early 20th century and has been worked for gold.

 

Key facts

  • VTEM flown over whole area in 2011 to identify conductors and enable structural interpretation - focus on two main areas of historic mining
  • Initial targets identified in preliminary interpretation
  • Full VTEM interpretation and drill plan pending

 

For more information please click here

 

Nickel laterite - Mambare, Papua New Guinea

245 sq km

Known and explored since 1960s with limited shallow auger drilling; the first drill programme carried out on the deposit was by the Company in 2008.

 

Key facts

  • 2011 ground penetrating radar and 4,000m drill programme designed to test new areas of plateau and to establish JORC Mineral Resource
  • Applications in process for two large nearby areas of geothermal potential

 

 For more information please click here

 

Base metals and gold - Munglinup/Ravensthorpe, Australia

XX sq km

VTEM surveys flown over key project areas to assist target generation. Follow up drill programmes under preparation.

 

Prospects include

  • Pyramid sulphides (NiS)
  • Munginlup graphite (NiS, graphite,
  • magnesite)
  • Kambalda (Au)
  • Halls Creek (Cu)

 

 For more information please click here

 

Gallery pictures taken from Company website 2012

 

 

Managment

Andrew Bell, MA, LLB, FGS, Chairman and CEO

Andrew Bell began his career as a natural resources analyst at Morgan Grenfell & Co. in the 1970s. His business experience encompasses periods in fund management and advisory work at leading financial institutions, international corporate finance work and private equity. Andrew Bell’s listed company directorships are Red Rock Resources Plc (chairman), Greatland Gold Plc (chairman), Jupiter Mines Ltd (director), Resource Star Ltd (chairman) and Cue Resources Inc.


Edmund Bugnosen, BSc, Executive Director

Edmund Bugnosen has a BSc in Mining Engineering from Adamson University, Philippines and studied Environmental Science at the International Institute of Hydraulics and Environmental Engineering (IHE) in Holland. He has worked in both the government and private sectors of the Philippine mining industry. Since 1989 he has worked out of the UK as a consultant for governments, mining companies, NGOs and development agencies, including the UN, UNIDO, the World Bank, the EU, ILO, DFID, and the BGS. Edmund Bugnosen has also served as Senior Mining Engineer in the Department of Mines and Petroleum of Papua New Guinea and as a Technical Assistant to the Namibian Ministry of Mines and Energy. He has published and presented papers on mining laws and regulation, small-scale mining and related environmental, social and development issues.


Scott Kaintz, BS, MBA, Executive Director 

Scott Kaintz has a MBA from London Business School and Columbia Business Schools. He started his career as a US Air Force Intelligence Officer and analyst working across Europe, the Middle East and Central Asia. Scott Kaintz has held operational and managerial roles in the defence industry and more recently worked in corporate finance and investment funds, focusing primarily on capital raising efforts and debt and equity investments in small-cap companies. A year ago he joined Regency as Head of Corporate Finance.

 

Julian Lee, MA, ACCA, Non-executive Director 

Julian qualified as an accountant with Deloitte & Touche in 1996. Subsequently he worked in corporate finance and venture capital in London and New York. He has co-founded a number of companies in the mining exploration, healthcare, life sciences, med-tech and FMCG sectors and is currently CEO of Rex Exploration Ltd, an exploration company focussed on gold and coal exploration in Nigeria.

 

John Watkins, FCA, Non-executive Director  

John Watkins is a chartered accountant and a former partner of Ernst & Young and Neville Russell. He is a director of Starvest plc, a substantial shareholder of Regency Mines plc. In addition, he is a director of Red Rock Resources plc and Greatland Gold plc. Starvest plc, Red Rock Resources plc and Greatland Gold plc are listed on AIM. He is chairman of Equity Resources plc and Rare Earths and Metals plc.

Major Shareholders

Significant Shareholders as at 2nd May 2012

TD Direct Investing Nominees (Europe) Ltd - 100,275,174 (15.1225%)
Barclayshare Nominees Ltd - 70,413,360 (10.6191%)
L R Nominees Ltd - 31,181,258 (4.7025%)
Starvest Plc - 27,840,000 (4.1986%)
HSDL Nominees Ltd - 26,052,891 (3.9290%)
Investor Nominees Ltd - 24,298,568 (3.6645%)
Hargreaves Lansdown (Nominees) Ltd - 22,048,255 (3.3251%)
Hartmann Capital Nominees Ltd - 21,475,000 (3.2387%)
Hargreaves Lansdown (Nominees) Ltd - 20,976,340 (3.1635%)

 

Updated from Regency Mines website 23.07.2012

  • Additional Information
    Market
    AIM
    EPIC
    RGM
    Share Price
    0.48p
    Change
    0
    Volume
    2,419,500
    Dividend
    0
    EPS
    -0.32
    Shares
    1,063.89 m
    Offer
    0.5
    Bid
    0.45
    Avg. Vol
    1,602,652
    Yield
    0.00
    P/E
    4.54
    Mkt Cap
    £5.11 m
  • Contact Information

    Registered Office: 

    3/F, 55 Gower Street

    London 

    WC1E 6HQ

     

    Business Address: 

    1 Ivybridge House

    1 Adam Street

    London

    WC2N 6LE

     

    Telephone: +44(0) 207 747 9960

    Fax:            +44(0) 207 402 8738

    Email:          exploration@regency-mines.com

    Corporate Information

    Nomad: Grant Thornton Corporate Finance

     

    Solicitor: Ronaldsons LLP

     

    Broker: Simple Investments

     

    Transfer Agent: Share Registrars Limited

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