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Epic & Msn data
Epic MMS
Time: 16:30:07
Mid Price: 1.88
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 4.13
Fifty Two Week Low: 1.25
Market Capital: 2.08
Period & price data
Period Price
Now: 1.88
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: General Mining - Zinc & Lead
Epic: MMS
News: Latest news
Web Site: MAGHREB MINERALS PLC
Other Articles: 27-03-200912-03-200916-02-2009

MAGHREB MINERALS PLC

Maghreb Minerals Plc ("Maghreb") is exploring for zinc, lead, barite and fluorite deposits in the Mejerda zone of northern Africa, with a view to resuming mining operations. Maghreb is exploring for zinc - lead – silver – barite and fluorite deposits in the Mejerda Zone of northern Tunisia. The Company holds seven exploration permits in areas of known zinc-lead mineralisation including sites of past production. These are Djebel Fej Lahdoum, Djebba, Djebel Goraa, Bou Jabeur, Ouled Moussa, Koudiat Loutia and Lorbeus. In addition, the Company has four exploration permits in the Zaghouan fluorite district. These are Zriba - Guebli (including the past producing fluorite mine of Zriba), Kohol, Mesella and Sidi at Taia, covering an area of known fluorite, lead and zinc mineralisation and historic mining operations.

Friday, March 27, 2009

Maghreb Minerals seeking partner for Bou Jabeur mine, Tunisia

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Maghreb Minerals PLC said the scoping study on the Bou Jabeur - Gite Est deposit in Tunisia concludes that the project is uneconomic at current lead and zinc prices, but an increase in resources may change that, so it is seeking a partner to progress the project, primarily to fund the additional drilling programme required.

It noted that in the current economic circumstances this process could take some significant time.

In the meantime Maghreb will concentrate on its prospective fluorspar permits and on fluorspar opportunities in general, it said.

The economic appraisal part of the scoping study indicates breakeven for the project with an increase in the current prices of lead and zinc of somewhat less than 20 percent This will also be favourably affected by increasing the resources to allow for a mining rate of greater than 1,500 tonnes per day.

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