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Investor Update: AfriTin Mining produces first concentrate from Uis mine

Headlines from the Proactive UK newsroom.

AfriTin Mining (LON:ATM) has produced is first tin concentrate from the Uis mine in Namibia. The miner has also signed an offtake deal with a Thai group. 

BlueRock Diamonds (LON:BRD) has sold a fifth diamond this year for more than US$50,000.  The 7.63 carat diamond fetched US$52,000. 

Ixico’s (LON:IXI) next results will be materially ahead of current market expectations. The brain data specialist said revenue growth continued to be strong in the second half.

Motif Bio (LON:MTFB) is to instigate a study of its Iclaprim antibiotic as a treatment against Listeria. The study will be funded by the US infectious diseases agency and follows on from encouraging pre-clinical work.

House sales sparked into life in August, with the number of agreed deals rising by 6.1% compared to a year ago. It’s reportedly the highest August number for four years.

FTSE 100 chief exec pay is on the decline according to Deloitte. Average annual earnings dropped to £3.4mln last year from £4mln.

Quick facts: AfriTin Mining Ltd

Price: 2.87 GBX

AIM:ATM
Market: AIM
Market Cap: £18.75 m
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Watch

AfriTin Mining secures £3.8mln loan facility for Namibia mine

AfriTin Mining Ltd (LON:ATM) chief executive Anthony Viljoen sat down with Proactive's Andrew Scott at Mines & Money London 2019 to explain how it will use a £3.8mln convertible loan from tin trader AfriMet Resources and major shareholder The Orange Trust. The miner, which operates tin...

on 26/11/19

2 min read