Asa Resources performs below par in third quarter
17th Feb 2017 12:50
(ShareCast News) - Asa Resource Group posted an update on operations and exploration activity for the quarter to 31 December on Friday, with old production and sales 3% lower at Zimbabwe's Freda Rebecca Gold Mine, at 15,365oz. The AIM-traded firm said revenue at the mine decreased by 14% to $18.4m o
Read moreAsa Resource mine earns significant Zimbabwe export incentive
7th Feb 2017 15:06
(ShareCast News) - Asa Resource Group announced on Tuesday that Freda Rebecca Gold Mine, in which it holds an 85% interest, has received export incentive credits and a Top Producer award. The AIM-traded firm said the Reserve Bank of Zimbabwe introduced a 2.5% export incentive scheme to large mining
Read moreAsa Resource Group denies lawsuit with Zindico Consortium
5th Jan 2017 13:19
(ShareCast News) - AIM-listed gold miner Asa Resource Group has denied that that there is a legal dispute with investor Zindico Consortium. The company said on Thursday that it has "not been served with any court papers and has no knowledge" of the alleged claim regarding its Freda Rebecca mine, in
Read moreAsa Resource Group swings to earnings in first half
19th Dec 2016 14:51
(ShareCast News) - Asa Resource Group announced its unaudited interim financial results for the six months to 30 September on Monday, with revenue up 4% to $64.1m over the same time last year. The AIM-traded firm's EBITDA hit $10.1m, a significant improvement on the $0.2m loss posted in the prior ha
Read moreAsa Resource transfers licences to Zhejiang Hailiang
5th May 2016 14:14
(ShareCast News) - Asa Resource Group announced new developments in its partnership with Zhejiang Hailiang Company on Thursday, which was originally formed in 2013. The AIM-traded company said the initial agreement covered its 4,721 square kilometres of land in the Katanga copper belt region of the
Read moreAsa enters South African slaughtering business
14th Apr 2016 11:19
(ShareCast News) - Asa Resource Group continued its expansion into agriculture on Thursday, completing the acquisition of 62% of the KEPL Slaughterhouse business in South Africa for a total cash consideration of ZAR 6.2m (£0.29m). The remaining 38% of KP will be acquired by Vital Profit Group, which
Read more