• Watchlist/Portfolio

    Add to watchlist:

    Only registered members can add into watchlist !

    Register here !
Advertisement

Red Rock Resources plc is a mineral exploration and production company primarily focussed on the discovery and development of gold and iron ore. The Company invests in projects and opportunities where it can enhance the value of the assets through exploration, development and corporate transactions.

Website:
http://www.rrrplc.com/
Phone:
+44 (0)20 7747 9990
Address:
Ivybridge House, 1 Adam Street, London WC2N 6LE.
Super Sector:
General Mining
Sector:
Mining
Industry:
General Mining
EPIC / Symbols:
LON:RRR
chart-size
*subject to change and depends on individual circumstances.

Red Rock Resources RNS Press Releases

rss
  • Page 1 of 103

Red Rock Resources Articles, News, and Media Files

rss
  • Page 1 of 27

Red Rock Resources Related Media

rss
  • Page 1 of 10

Broker press

  • Page 1 of 1
  • 19/12/11

    Press: 19.12.11: -0.24, (3.32) Press: Red Rock Resources fell on disappointing mining data. It announced updated estimates for the amount, and... read more

  • 07/06/11

    Press: 07.06.11: -0.27, (8.13) Press: Desire Petroleum rose on further speculation that it could be a takeover target for rival Falklands... read more

  • 02/11/05

    Press: 02.11.05 :.-1, (2.62) an article in the Express reports: Red Rock rose 0.12p to 2.62p amid talk of a positive statement soon.

Director dealings

  • Page 1 of 8
Date Director Trans Amount Type Price(p) Value (£) Holding %
30/01/14 J. Watkins EX 631,578 OPT 0.00 0 4,788,482 0.31
30/01/14 M.C. Nott EX 631,578 OPT 0.00 0 3,438,482 0.22
30/01/14 J. Ladner EX 631,578 OPT 0.00 0 2,314,747 0.15
30/01/14 A.R.M. Bell EX 631,578 OPT 0.00 0 2,742,312 0.18
21/01/14 A. Bell TAKE 1,063,830 ORD 0.45 4,787 2,110,734 N/A

BASIC RESULTS INFORMATION

  • Page 1 of 4
Date Type Turnover Profit EPS (p) Dividend (p) Currency
30/06/14 Full year 0.00 -3.77 -0.27 0.00 GBX
31/12/13 Interim 1.52 -1.25 -0.09 0.00 GBX
30/06/13 Full year 2.57 -24.49 -1.83 0.00 GBX
31/12/12 Interim 0.00 -15.59 -1.39 0.00 GBX
30/06/12 Full year 0.00 -4.58 -0.28 0.00 GBX

Company Statement

Red Rock Resources plc has created a strategy revolving around the following:

 

investing in projects and opportunities, the value of whose assets can be enhanced through exploration, development and corporate transactions; and

creating a disciplined framework for value creation through a diversity of projects, an actively managed project pipeline and clearly identified likely exit point.

 

Red Rock adds value to its projects through activities which include exploration and development, deposit delineation, sales, joint ventures, retention of royalties and other transactions. Red Rock has a strong geological and technical team at its core, and a focus on disciplined and cost-effective exploration through critical path analysis.

 

Recent update on Tshipi

 

Current Operations

GOLD - KENYA

Red Rock is exploring the Migori gold belt in Kenya. Recent successes of nearby gold projects, and the progression of the Kenyan government in natural resource management and policy, has increased the prospects of Kenya following Tanzania up the ranks of East Africa’s gold producers.

 

 

Highlights

JORC resource estimates completed at 0.5 g/t Au cut-off: 29.4 mt @ 1.26 g/t Au with contained metal content of 1.193 MOz Au

Commencement of pit optimisation work on the defined resources to determine most likely mining areas and key sensitivities; potentially focussing on a small "starter" pit of higher grade material

Mining Lease Application ("MLA") submitted to the Kenyan Department of Mines and Geology for the reprocessing of the Macalder Tailings. Environmental Impact Assessment ("EIA") underway

 

For more information CLICK HERE 

 

GOLD - COLOMBIA

Red Rock Resources operates at El Limon, located on the Frontino Gold Belt. Progressive improvements under the Company’s management continue to improve mine operations.

 

 

Highlights

  • El Limon gold mine owned through 50.002% subsidiary Four Points Mining SAS
  • Prime location 6km south of Zaragoza on the Frontino Gold Belt
  • Tighter operational and financial control has improved performance
  • 2012 saw the appointment of a highly qualified Mine Manager, which has led to improvements in production

 

For more information CLICK HERE

 

IRON ORE – GREENLAND

In 2012 there was a significant exploration drilling programme at Melville Bugt in Greenland. Results were encouraging and the project has progressed from the greenfield stage to the definition of a new iron ore province.

 

 

Highlights

JORC Inferred Mineral Resource Estimate of 67 million tonnes (mt) magnetite at 31.4% Fe with 51.2% SiO2, 1.01% Al2O3, and 0.06% P declared for the Havik Project in December 2012

Davis Tube testwork from Havik samples show a high quality concentrate with mass recovery of approximately 40% for a concentrate grading at approximately 70% Fe, 2.0% SiO2, 0.3% Al2O3 and 0.01% P

Additional twelve Exploration Targets identified with a potential tonnage of between 158 mt and 474 mt, grading between 27% and 47% Fe

Recognised potential for high grade haematite (Direct Shipping Ore) with grades in excess of 60% Fe in the eastern licence area

Red Rock owns 60% of NAMA Greenland Ltd (“NGL”), (which owns 100% of the 1,570 sq km Melville Bugt licence. 

Offer received from an industrial partner in November 2012 to acquire 51% of the outstanding share capital of NGL (subject to due diligence)

 

For more information CLICK HERE

Management

Andrew Bell, MA, LLB, FGS - Executive Chairman

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 Regency Mines Plc (chairman), Greatland Gold Plc (chairman), Jupiter Mines Limited (director), and Resource Star Ltd (chairman).

 

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, the Company’s controlling shareholder. In addition, he is a director of Regency Mines Plc and Greatland Gold Plc. Starvest Plc, Regency Mines Plc and Greatland Gold Plc are listed on AIM. He is chairman of Equity Resources Plc and Rare Earths and Metals Plc.

 

Michael Nott, BSc, MSc, DIC, FIMMM, FMES, FIQ, C. Eng. - Non-executive Director

Mike Nott is a geologist and mining engineer by profession and has 35 years’ experience in the mining, minerals and quarrying industries. His early career was based in Zambia including nine years with Roan Consolidated Mines Ltd. He was a regional manager for Pioneer Aggregates (UK) Ltd then an Australian Company and later a director of Jay Minerals Services Ltd, Hills Aggregates Ltd, becoming trading director of ARC (Southern) Ltd and production director of C White Ltd. He is currently chairman and managing director of Alba Mineral Resources Plc and a director and CEO of Magyar Mining Ltd.


James Ladner, lic. oec. HSG -  Independant Non-executive Director

James Ladner, a Swiss citizen, has over 40 years’ experience in the finance industry. After 28 years at Coutts Bank (Switzerland) Ltd, where he was an executive vice-president, he was for nine years chairman of Bank Austria (Switzerland) Ltd. He has also served as a director of The Royal Bank of Scotland AG, Interallianz Bank AG, Asahi Bank AG, F. Van Lanschot Bankiers (Switzerland) Ltd, Atlantic Finanz AG, Immofonds, Verit Immobilien and Ahold Finance Group. He was a member of the Swiss Admissions Commission for listing on the Swiss Stock Exchanges and of the Swiss Capital Market Commission of the Swiss National Bank. Outside Switzerland, he has served as director of a number of companies, including StrataGold Corporation, Pan Pacific Aggregates Plc, Colombia Gold Plc and Nevoro Inc. He is currently a director of Oracle Energy Corp., Colt Resources Inc., Royal Coal Corp., Ardent Mines Inc. and Guerrero Exploration Inc.

Major Shareholders

 

Information taken from Company website 30.04.14

  • Additional Information
    Market
    AIM
    EPIC
    RRR
    Share Price
    0.14p
    Change
    0.01
    Volume
    1,812,725
    Dividend
    0
    EPS
    -0.27
    Shares
    2,208.01 m
    Offer
    0.15
    Bid
    0.12
    Avg. Vol
    4,192,204
    Yield
    0.00
    P/E
    0.75
    Mkt Cap
    £3.09 m
  • Latest Stocktube
    28/05/2014

    Red Rock Resources to spend Colombian funds on exploration

    View full size
  • Contact Information

    Registered Office: 

    3/F, 55 Gower Street

    London 

    WC1E 6HQ

     

    Business and postal address

    Ivybridge House

    1 Adam Street

    London

    WC2N 6LE


    Telephone: +44(0) 207 747 9990

    Fax:            +44(0) 207 747 9998

    Email:          exploration@rrrplc.com

    Corporate Information

    Nominated adviser

    Grant Thornton

    30 Finsbury Square

    London EC2P 2YU

    UK 

     

    AIM Broker

    S.I Capital Ltd

    1 High Street

    Godalming

    Surrey GU7 1AZ

  • ProactiveInvestors on Facebook