Bushveld hires new finance director as it enters "next stage of growth"
The vanadium producer said Chikanza “joins at a very important time in the company's evolution" as it clinches US$68mln Vanchem deal
Company
LON:BMN
Bushveld Minerals Limited is a low-cost, vertically integrated primary vanadium producer. It is one of only three operating primary vanadium producers, owning 2 of the world’s 4 operating primary vanadium processing facilities. The company's target is to organically grow production to more than 8,400 mtVp.a. in the medium term.
483 stories · page 5 of 25
The vanadium producer said Chikanza “joins at a very important time in the company's evolution" as it clinches US$68mln Vanchem deal
Looking ahead, the transformation programme at the Vametco operation should see output rise to 3,400 metric tonnes of vanadium
Bushveld Minerals* (LON:BMN) – Vanchem competition commission approval Horizonte Minerals (LON:HZM) - US$25m royalty funding for Araguaia Mkango Resources* (LON:MKA) – Q2 results
The acquisition of the Vanchem processing plant is expected to go through at the end of October
Bushveld will still provide surety over the new £2mln loan, but it said this was “less onerous” as it is not a cash collateralised guarantee
Archive
It was another busy week for London's small cap miners
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
"I am pleased by the solid performance the Group has achieved during this first half of the year and I look forward to an even stronger second half," said Fortune Mojapelo, the chief executive officer of Bushveld.
Investments and investor services
Investors are expecting a cut of 0.25% in the benchmark short-term rate
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
The gross figures for the Brits resource remain unchanged
Archive
Looking back at news from London's junior miners this week
Investments and investor services
A look at the day's major movers, including Bould Opportunities, Advanced Medical, Andalas, Edenville Energy, PetroNeft, Prime People and Hansard Global
Archive
A glance at some of the day's highlights from the Proactive Investors newswire