Proactiveinvestors United Kingdom URU Metals Ltd https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom URU Metals Ltd RSS feed en Tue, 21 May 2019 09:26:52 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Holdings in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20190424070006_14049257/ Wed, 24 Apr 2019 07:00:06 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20190424070006_14049257/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20190107170629_13926460/ Mon, 07 Jan 2019 17:06:29 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20190107170629_13926460/ <![CDATA[RNS press release - Interim Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181231070007_13918728/ Mon, 31 Dec 2018 07:00:07 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181231070007_13918728/ <![CDATA[RNS press release - Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181214145016_13904839/ Fri, 14 Dec 2018 14:50:16 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181214145016_13904839/ <![CDATA[RNS press release - Zebediela Licence Renewal Granted ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181204103821_13890741/ Tue, 04 Dec 2018 10:38:21 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181204103821_13890741/ <![CDATA[RNS press release - Zebediela Licence Renewal Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181129070010_13884369/ Thu, 29 Nov 2018 07:00:10 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181129070010_13884369/ <![CDATA[RNS press release - Completion of Consolidation ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181121070004_13874304/ Wed, 21 Nov 2018 07:00:04 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181121070004_13874304/ <![CDATA[RNS press release - Replacement: Consolidation of Ordinary Shares ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181120152627_13874024/ Tue, 20 Nov 2018 15:26:27 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181120152627_13874024/ <![CDATA[RNS press release - Consolidation of Ordinary Shares in issue ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181113070006_13864180/ Tue, 13 Nov 2018 07:00:06 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181113070006_13864180/ <![CDATA[RNS press release - Zebediela Licence Renewal Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181029070005_13845076/ Mon, 29 Oct 2018 07:00:05 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181029070005_13845076/ <![CDATA[RNS press release - Zebediela Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181016070008_13829651/ Tue, 16 Oct 2018 07:00:08 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181016070008_13829651/ <![CDATA[RNS press release - Restoration - URU Metals Limited ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181005073003_13817902/ Fri, 05 Oct 2018 07:30:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181005073003_13817902/ <![CDATA[RNS press release - Posting of Annual Report & Accounts ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181005070003_13817463/ Fri, 05 Oct 2018 07:00:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181005070003_13817463/ <![CDATA[RNS press release - Final Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181004070007_13815778/ Thu, 04 Oct 2018 07:00:07 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181004070007_13815778/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181003141948_13815303/ Wed, 03 Oct 2018 14:19:48 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181003141948_13815303/ <![CDATA[RNS press release - Suspension - URU Metals Limited ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181001073005_13810521/ Mon, 01 Oct 2018 07:30:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181001073005_13810521/ <![CDATA[RNS press release - Temporary Suspension ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181001070003_13810024/ Mon, 01 Oct 2018 07:00:03 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20181001070003_13810024/ <![CDATA[RNS press release - Temporary Suspension ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180928160922_13809673/ Fri, 28 Sep 2018 16:09:22 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180928160922_13809673/ <![CDATA[RNS press release - Appointment of Non-Executive Chairman ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180927161750_13807692/ Thu, 27 Sep 2018 16:17:50 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180927161750_13807692/ <![CDATA[RNS press release - Zebediela and Corporate Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180822164119_13765077/ Wed, 22 Aug 2018 16:41:19 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180822164119_13765077/ <![CDATA[RNS press release - Zebediela Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180718070004_13721599/ Wed, 18 Jul 2018 07:00:04 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180718070004_13721599/ <![CDATA[RNS press release - Second Price Monitoring Extn ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180326140517_13581521/ Mon, 26 Mar 2018 14:05:17 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180326140517_13581521/ <![CDATA[RNS press release - Price Monitoring Extension ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180326140014_13581507/ Mon, 26 Mar 2018 14:00:14 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180326140014_13581507/ <![CDATA[RNS press release - Replacement RNS: Board Changes / Change of Adviser ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180320150141_13574241/ Tue, 20 Mar 2018 15:01:41 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180320150141_13574241/ <![CDATA[RNS press release - Zebediela Assay Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180316070004_13569303/ Fri, 16 Mar 2018 07:00:04 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180316070004_13569303/ <![CDATA[RNS press release - Board Changes / Appointment of Nomad and Broker ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180312070005_13562374/ Mon, 12 Mar 2018 07:00:05 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180312070005_13562374/ <![CDATA[RNS press release - Statement re Joint Broker ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180302130015_13553108/ Fri, 02 Mar 2018 13:00:15 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180302130015_13553108/ <![CDATA[RNS press release - Assay update and stmnt re share price movement ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180222140845_13542859/ Thu, 22 Feb 2018 14:08:45 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20180222140845_13542859/ <![CDATA[RNS press release - Interim Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171229070002_13479781/ Fri, 29 Dec 2017 07:00:02 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171229070002_13479781/ <![CDATA[RNS press release - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171219154746_13471481/ Tue, 19 Dec 2017 15:47:46 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171219154746_13471481/ <![CDATA[RNS press release - Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171117162843_13436242/ Fri, 17 Nov 2017 16:28:43 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171117162843_13436242/ <![CDATA[RNS press release - Acid Leach Test Work Results at Zebediela ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171103070003_13419178/ Fri, 03 Nov 2017 07:00:03 +0000 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171103070003_13419178/ <![CDATA[RNS press release - Zebediela Project Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171011133001_13393524/ Wed, 11 Oct 2017 13:30:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20171011133001_13393524/ <![CDATA[RNS press release - Final Results ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170929070005_13379633/ Fri, 29 Sep 2017 07:00:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170929070005_13379633/ <![CDATA[RNS press release - Significant Drill Update at Zebediela ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170928145214_13379173/ Thu, 28 Sep 2017 14:52:14 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170928145214_13379173/ <![CDATA[RNS press release - Significant base metal assays at Zebediela ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170920160500_13369846/ Wed, 20 Sep 2017 16:05:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170920160500_13369846/ <![CDATA[RNS press release - Significant PGE Drill Results at Zebediela ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170914070005_13362233/ Thu, 14 Sep 2017 07:00:05 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170914070005_13362233/ <![CDATA[RNS press release - Zebediela Project Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170613161601_13259171/ Tue, 13 Jun 2017 16:16:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170613161601_13259171/ <![CDATA[RNS press release - Board changes ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170613161501_13259168/ Tue, 13 Jun 2017 16:15:01 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170613161501_13259168/ <![CDATA[RNS press release - Exercise of Options ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170523163428_13235906/ Tue, 23 May 2017 16:34:28 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170523163428_13235906/ <![CDATA[RNS press release - Investee Company Update ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170505073502_13215573/ Fri, 05 May 2017 07:35:02 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170505073502_13215573/ <![CDATA[RNS press release - Positive test results and commencement of drilling ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170428143818_13208995/ Fri, 28 Apr 2017 14:38:18 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170428143818_13208995/ <![CDATA[RNS press release - Exercise of Options ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170421070008_13199649/ Fri, 21 Apr 2017 07:00:08 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170421070008_13199649/ <![CDATA[RNS press release - Exercise of Options ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170420070015_13198091/ Thu, 20 Apr 2017 07:00:15 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170420070015_13198091/ <![CDATA[RNS press release - Grant of Options and update on magnetite test work ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170419162531_13197760/ Wed, 19 Apr 2017 16:25:31 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170419162531_13197760/ <![CDATA[News - URU's influence at MRS rises with placing and board appointments ]]> https://www.proactiveinvestors.co.uk/companies/news/176277/uru-s-influence-at-mrs-rises-with-placing-and-board-appointments-176277.html URU Metals (LON:URU) is to invest £500,000 in Management Resource Solutions PLC (LON:MRS) in a conditional placing that will raise up to £3 mln at 5p per share.

The news comes as MRS emerges from a troubled period in which key contracts on the oil and gas side were put into dispute and it was revealed that what the company called certain “financial matters” needed investigation.

No evidence of fraudulent activity or wrong-doing was revealed, but nonetheless URU chief John Zorbas has now taken over as non-executive chairman of MRS, following other management changes.

Now, URU is consolidating its influence with the latest placing which, if fully subscribed, will take its interest up to approximately 11.4%.

"At the time we acquired our original shareholding in MRS, we said we were making it both for long term investment reasons and for the potential synergies we see between the two companies,” said John Zorbas.

MRS is also very active in mining services, and it is here that URU sees potential synergies.

“URU also looks forward to developing its relationship with MRS,” continued Zorbas, “especially as we seek to develop our South African projects, where we see opportunities to benefit from its broad range of skills and expertise that directly support mining across every phase of the mining cycle.”

 

]]>
Tue, 11 Apr 2017 07:51:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/176277/uru-s-influence-at-mrs-rises-with-placing-and-board-appointments-176277.html
<![CDATA[RNS press release - Proposed additional investment in MRS ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170410164209_13189837/ Mon, 10 Apr 2017 16:42:09 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170410164209_13189837/ <![CDATA[RNS press release - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170407125326_13188012/ Fri, 07 Apr 2017 12:53:26 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170407125326_13188012/ <![CDATA[RNS press release - Update re magnetite drill programme at Zebediela ]]> https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170406133528_13186515/ Thu, 06 Apr 2017 13:35:28 +0100 https://www.proactiveinvestors.co.uk/companies/rns/683/LSE20170406133528_13186515/ <![CDATA[News - Metallurgical test work underway at URU Metals’ Zebediela nickel project ]]> https://www.proactiveinvestors.co.uk/companies/news/176026/metallurgical-test-work-underway-at-uru-metals-zebediela-nickel-project-176026.html Base metals and uranium explorer URU Metals Ltd (LON:URU) has confirmed that metallurgical test work is underway at its Zebediela nickel project in Limpopo Province, South Africa.

The test work is assessing the potential to process nickel mineralisation using acid leaching.

The processing and upgrading of the nickel had previously been envisaged to be done by froth flotation, a more capital intensive process which was expected to result in recoveries of around 54%.

Should acid leaching prove to be a success, not only could it save URU money and improve the economics of the project, but the explorer reckons nickel recovery could also increase.

“This is an exciting time for the company and we look forward to updating the market on our other projects and corporate developments in the near future,” said chief executive John Zorbas.

Given the “significant changes” to the project’s economics, URU said it made sense to defer the planned drilling until after the metallurgical analysis was completed.

A revised drill programme is then planned for when the results come back.

URU has also started metallurgical test work on magnetite mineralisation that is associated with the nickel at Zebediela.

“The company continues to believe that the magnate mineralisation could provide the potential to generate cash flow prior to the commencement of nickel extraction,” read this afternoon’s update.

The Zebediela project has a combined inferred and indicated mineral resource estimate of 1.5bn tonnes of nickel.

A preliminary economic assessment was completed in 2012 based on a NI 43-101 compliant indicated resource of 485.4mln tonnes at an average grade of 0.245% nickel and an additional inferred resource of 1.12bn tonnes at a grade of 0.248% nickel, using a cutoff grade of 0.1% nickel.

About 58% of the total nickel at the project is contained in the sulphide minerals present within the sulphide zone and therefore potentially recoverable, URU has said.

Shares were down13% on Wednesday afternoon at 2.7p.

That could well be investors taking profits given that the stock has more than quadrupled since the beginning of the year.

]]>
Wed, 05 Apr 2017 14:53:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/176026/metallurgical-test-work-underway-at-uru-metals-zebediela-nickel-project-176026.html