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Gold deal too good an opportunity to miss, says Ferrex CEO Reeves

Published: 07:46 17 Nov 2015 GMT

Ferrex (LON:FRX) CEO Dave Reeves discusses the AIM listed the firm’s acquisition of Australian private company Chaffers Mining.

The deal, according to Reeves, will enable Ferrex to commence production and cash generation with only working capital expenditure in Q2 2016.

"It’s  rare to find an opportunity which can deliver production in under six months from acquisition and therefore I am personally very excited about this project,” he says.

Oriole Resources outlines 2023 achievements and future exploration plans

Oriole Resources PLC (AIM:ORR) CEO Tim Livesey and chief financial officer Bob Smeeton join Proactive's Stephen Gunnion with details of the company's 2023 financial and operational performance. Livesey highlighted successful exploration programs in Cameroon, at the Bibemi and Mbe projects,...

1 hour, 59 minutes ago