Beowulf releases positive test results from Finland
25th Jan 2017 15:15
(ShareCast News) - Mineral exploration and development company Beowulf announced testwork results on Wednesday, for composite samples taken from its Haapamäki, Pitkäjärvi and Aitolampi graphite prospects located in eastern Finland, approximately 40 kilometres southwest of the well-established mining
Read moreBeowulf Mining raises £1m to develop Swedish projects
21st Dec 2016 09:30
(ShareCast News) - Iron and polymetal explorer Beowulf Mining has raised £1m in equity in order to develop projects in Sweden. The £1m that will be raised will be added to the £140,000 already gained from investors in the UK and the £860,000 from investors in Sweden. At the beginning of December th
Read moreBeowulf Mining offloads Grundtrask gold licences
14th Oct 2016 08:31
(ShareCast News) - Mineral exploration and development company Beowulf Mining announced the divestment of its Grundtr?sk gold exploration licences on Friday. The AIM-traded firm confirmed it has divested its Grundtr?sk nr 6 and nr 7 gold exploration licences to Erris Resources Limited. It described
Read moreBeowulf Mining makes positive discoveries at Atvidaberg
7th Oct 2016 11:53
(ShareCast News) - Mineral exploration and development company Beowulf Mining provided an exploration update on its Åtvidaberg licence on Friday, confirming that to date, only a small part of the licence area has been studied. The AIM-traded firm said resources had so far been focused on areas in th
Read moreBeowulf Mining revises Kallak North application
23rd Sep 2016 14:31
(ShareCast News) - Mineral exploration and development company Beowulf updated the market on the application process for Kallak North on Friday, having submitted a letter to the Mining Inspectorate of Sweden on 21 September. The AIM-traded firm said the letter revised its application boundary to enc
Read moreBeowulf Mining reports half year loss due to acquisition
30th Aug 2016 11:02
(ShareCast News) - Iron ore explorer Beowulf Mining reported a half year loss due to an acquisition but benefited from the weak pound. For the six months ended 30 June loss after tax was £333,052, in line with the same period last year. In the second quarter a loss of £166,000 after tax was also
Read moreBeowulf Mining roars higher as Swedish discusses mining application
30th Jun 2016 08:19
(ShareCast News) - Nordic-focused iron ore explorer Beowulf Mining saw its shares soar when its application for a mining concession was added to the Swedish government's agenda for discussion on Wednesday. Beowulf has applied for an exploitation concession for Kallak North where it has discovered ma
Read moreBeowulf responds to Sami village concerns
5th Feb 2016 15:36
(ShareCast News) - Beowulf Mining took an unusual step on Friday, publishing an open letter to the chairmen of the Jåhkågasska and Sirges Sami villages. The villages are situated in the vicinity of the AIM-traded company's Kallak project, in the Norrbotten county in northern Sweden. Beowulf said th
Read moreBeowulf Mining buys Finnish graphite company
11th Jan 2016 14:10
(ShareCast News) - AIM-listed mineral exploration and development company Beowulf Mining has acquired privately-owned graphite exploration company Fennoscandian Resources, which has four early-stage exploration projects in Finland. The four projects are Viistola and Haapamäki in eastern Finland, Pii
Read moreBeowulf Mining raises £650k in placing for Kallak North project
9th Jul 2015 14:54
Shares in Boewulf Mining tumbled after the mineral exploration and development company said it has raised £650,000 before expenses from a placing and subscription. It placed 49.6m shares and directors subscribed for 2.4m new shares at a price of 1.25p per share. Chief executive officer Kurt Budge s
Read moreBeowulf Mining investors cheer strong test work results from iron ore project
8th Jun 2015 09:48
Beowulf Mining performed strongly on Monday morning after announcing that the test work carried out on its Kallak iron ore project in Sweden has delivered excellent results. The group reported "super" high grade concentrate, with over 71% iron content. After raising funds earlier this year, the gro
Read moreBeowulf Mining sinks 18% following discounted share placement
10th Mar 2015 14:13
Beowulf Mining, a mineral exploration company, raised on Tuesday £350,000 via a share placement which according to analysts should help see it through most of the summer. The firm placed 29.2m shares at a price of 1.2p per share, a sharp 22.6% discount from Monday's closing price. Management believ
Read moreBeowulf Mining raising £2m after unveiling promising drilling results
21st Aug 2014 12:14
AIM and Sweden-listed iron play Beowulf Mining has agreed to raise £1.6m from institutions and its major shareholder, with plans to raise a further £0.4m in an open offer to retail investors. The explorer, which is focused on the Kallak iron ore projects in northern Sweden, wants the funds to cont
Read moreThursday broker round-up UPDATE
21st Aug 2014 11:34
Beowulf Mining: Cantor Fitzgerald places its target price under review, while keeping a buy recommendation. Cairn Energy: Investec ups target price from 220p to 245p and reiterates a buy recommendation. Carillion: Oriel reinstates with a target price of 402p and a buy recommendation. Gem Diamonds
Read moreBeowulf Mining unearths encouraging iron grades
16th Aug 2013 11:47
AIM iron miner Beowulf Mining has unearthed the best results yet for its Northern Swedish drill programme. The company has received assay results for the first six of the 16 drillholes made at its Kallak South project in Jokkmokk, which displayed "encouraging" average iron grades encountered over
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