Metal Tiger turns down offer from BMR
28th Nov 2016 12:05
(ShareCast News) - Metal Tiger, an AIM listed natural resources focused investing company, announced that it had received an indicative offer from Berkeley Mineral Resources (BMR) Group. BMR, a mining company that processes Lead and Zinc at Kabwe Mine in Zambia, has offered 0.231 of its shares for e
Read moreBMR invests in metal exploration property in Portugal
14th Nov 2016 09:07
(ShareCast News) - Miner BMR Group has acquired 80% of a metals exploration concession over a property in Northern Portugal. The property contains tungsten, tin, gold and silver among other minerals. The option was granted by Mineralia-Minas, Geotecnia E Construcoes, a private Portuguese geological
Read moreBMR Group secures funding for Kabwe development
23rd Sep 2016 11:07
(ShareCast News) - BMR Group confirmed on Friday that it and its wholly owned subsidiary Enviro Mining Limited have entered into the anticipated project construction and trade finance facility for up to $5.2m, with private South African group African Compass International. The AIM-traded firm said t
Read moreBMR Group signs off-take agreement with African Compass International
8th Aug 2016 09:22
(ShareCast News) - BMR Group has signed an off-take and purchase agreement with African Compass International (ACI) to provide funding for the construction of the Kabwe mine in Zambia. The agreement provides for the off-take by ACI over a minimum five-year period, beginning within six months of comm
Read moreBMR set to agree larger facility for Kabwe plant
1st Aug 2016 12:05
(ShareCast News) - Zambia-focused mineral processing business BMR Group said it expects to agree a $3.5m loan facility alongside a sale-and-purchase deal with a private South African firm later this week. The facility, which at the end of June was only expected to be $2m, is to enable constructio
Read moreBroker tips: Charles Stanley, Playtech, Berkeley Group
16th Jun 2016 17:08
(ShareCast News) - Cannacord Genuity lowered its target price on the shares of Charles Stanley and lowered its recommendation from 'buy' to 'hold' after the broker announced it would likely take between 12 to 18 months longer than originally anticipated (by the year to 31 March 2020) to reach its ta
Read moreBMR Group raises more than half funding target
18th Feb 2016 15:37
(ShareCast News) - BMR Group revealed the success of its open offer on Thursday, bringing in a little over half of the company's £750,000 target to fund the completion of its pilot plant and construction of its main lead and zinc tailings plant at the Kabwe mine in Zambia. The AIM-traded firm made g
Read moreLondon midday: Equities fall as UK slips into deflation
13th Oct 2015 11:28
(ShareCast News) - The UK equities market was under the cosh as the nation unexpectedly slipped into deflation in September. The Office for National Statistics revealed the consumer price index fell 0.1% year-on-year last month, compared to analysts' estimates for a flat reading in line with August.
Read moreBMR Mining shares surge on Zambia update
12th Oct 2015 09:41
(ShareCast News) - Shares in BMR Mining surged 14% early on Monday after the company said it had submitted its draft environmental and social impact assessment for the Kabwe project to the Zambian Environmental Management Agency (ZEMA). The study, which is aimed at assessing the impact of the compan
Read moreBMR Mining identifies new use for WKS assets in Zambia
5th Oct 2015 09:02
(ShareCast News) - Zambia-focused mineral processing business BMR Mining said it has identified a potential market for its Waelz Kiln Slag (WKS) assets. The assets at Kabwe, Zambia, had been written down by 90% to £201,000 in the accounts for the year ended 30 June 2014 due to the product being brit
Read moreBMR Mining gets green light for Zambia environmental impact assessment
19th Aug 2015 10:26
(ShareCast News) - BMR Mining said Zambia has approved the terms of reference for an environment impact assessment of pilot plans to extract lead and zinc from tailings at its Kabwe mine. BMR said it expects to submit the draft full Environmental Impact Assessment (EIA) next month, with th
Read moreBMR Mining buoyed by metallurgical test results
25th Jun 2015 11:43
BMR Mining's shares gained as it revealed that its metallurgical tests used to identify lead and zinc at its Zambian site have been successful. The tests, which use an acid and brine leaching process to recover the metals, came in positive for both the Wash Plant Tailings and Leach Plant Residue Tai
Read moreBMR Mining grants 13.2m share options
15th Jun 2015 10:15
BMR Mining has granted four directors a total of just under 13.2m share options to subscribe for new ordinary shares in the firm at an exercise price of 6p. Chief executive Alex Borrelli was granted 6.07m, while executive director Jeremy Hawke and senior consultant Dennis Bailey were each granted 2.
Read moreSector movers: Evraz, Ferrexpo lead industrial miners higher on Ukraine hopes
3rd Sep 2014 16:00
Peace talks in Ukraine were giving the industrial metals and mining sector in London a big boost on Wednesday. Steel group Evraz and iron ore producer Ferrexpo, which both have assets eastern Europe, were among the best performers in the sector, up over 5% and 3% in afternoon trade, respectively.
Read moreBerkeley Mineral receives approval for Zambian mining project
19th Aug 2014 11:50
Berkerley Mineral Resources' (BMR) wholly owned subsidiary Enviro Processing Limited (EPL) has received approval from the Zambian Environmental Management Agency for its lead-zinc recovery and copper processing at Kabwe. The approval is subject to conditions relating to the monitoring of protectio
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