Chris Fraser, Managing Director and Chief Executive Officer, said:
“This is another important milestone for the Company as we fulfil our commitment to move to the Main Market. The delivery of our Woodsmith Mine and associated infrastructure continues to proceed in a timely fashion and we look forward to providing further updates in due course.”
Welcome to Steve Shares. This publication is an interactive weekly update on what’s happening over social media and the trending stocks that have made the news this week. I highlight and comment on the coming news and events in connection with the trending stocks. I provide a round up of Share Talk’s key company interviews over the last week. If you think that a certain share or a key news item should be reported on be in the next edition, let me know by contacting me. My details are at the bottom of the page…
Apple plans to one day stop mining the earth for rare minerals and metals and start using 100 percent recycled materials for its products. The tech titan made the announcement Wednesday, just ahead of the annual Earth Day celebration Thursday, in its 2017 Environment Responsibility Report. The chief reason cited for the shift is the affect electronics manufacturing is having on the planet.
Triple-listed Coal of Africa Limited (CoAL) is making good progress in re-entering the market as a coal producer, CEO David Brown said in a quarterly update to shareholders on Friday. The company earlier this month announced that it would buy Pan African Resources’ Pan African Resources Coal Holdings subsidiary, which holds a 91% stake in the Uitkomst colliery, in KwaZulu-Natal, for R275-million. The acquisition is considered complementary to CoAL’s developing Makhado project.
Watch Steve Larratt, Share Research Business Analyst at Share Talk, discuss the outlook for Eco (Atlantic) Oil & Gas, Venture Life and Petroneft. Larratt talks to Tip TV Presenter Zak Mir.
ShareTalk spoke with Justin Tooth, Executive Chairman of Ferrum Crescent. We look at the last Quarters activities in the business. We talk about the geo political and the Iron ore price decrease which has lead to the announcement of the disposal of the Moonlight project. We look at the news flow and expectations of the of the Toral Zinc Lead project in Spain and what the plans are behind the drilling program about to start. We look at the Quarterlies and ask about a new direction in the company around its listing status over multiple exchanges.
Commenting, Mr Mick Billing, Executive Chairman of Thor Mining, said:
“A very good period for the Company and its investors. The very positive results at Pilot Mountain demonstrate the significant and increasing value of this project and we are very keen to see the outcome of the maiden resource estimate, now commissioned, for the Garnet deposit. When added to the existing Desert Scheelite resource estimate we anticipate building a substantial resource inventory, with ample capacity for significant further growth.
Georgian Mining Corporation (‘GEO’ or the ‘Company’) announces that it has intersected exceptionally high grade mineralisation, including 16m at 15.4% copper (‘Cu’) from 47m, during its ongoing drilling programme at ‘Gold Zone 2’ situated within the Kvemo Bolnisi East Project (‘KB’).