Company
Jangada Mines PLC
LON:JAN
Jangada Mines PLC is a Brazilian-focused resource development company. The company is advancing the fully owned Pitombeiras vanadium titanomagnetite (VTM) project in the state of Ceará, Northeast Brazil, towards production.
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Jangada Mines claims major boost in Brazil from extraction test
Titanium dioxide and Vanadium were both separated successfully in the test
Jangada Mines will 'push button' at Pitombeiras when iron price revives
Pitombeiras' contains iron ore, vanadium, and titanium with a US$96.5mln post-tax Net Present Value.
Jangada Mines firmly focused on Brazil-based vanadium project
Mineral resource estimates were upgraded in the latest interim period
Jangada Mines moves into profit in 2021
“The group's key strategic goal is to progress the Pitombeiras operations through to production,” said executive chairman Brian McMaster
Jangada Mines unveils updated technical report for Pitombeiras project
The project has a 100.3% post-tax Internal Rate of Return and a US$96.5mln post-tax Net Present Value
Jangada Mines receives fifth tranche of shares in ValOre under Pedra Branca sale agreement
Penultimate share issuance follows strong growth in Valore shares over the last six months
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Jangada Mines' Pitombeiras boosted by titanium dioxide potential
"We are becoming increasingly linked to the positive battery metal market dynamics," said chairman Brian McMaster.
Jangada Mines expects first production at Pitombeiras in mid-2022
The company also reported interim results, including US$5mln cash in the bank
Jangada Mines receives 4th tranche of shares in ValOre under Pedra Branca sale agreement
Jangada now holds a 1.3% interest in ValOre Metals