Polo investment Blackham raises AUD 35m
10th Feb 2017 09:42
(ShareCast News) - Multi-sector investment company Polo Resources announced on Friday that its investee company, Blackham Resources, has raised AUD 35m through a placement. The AIM-traded firm said the placement was heavily oversubscribed, and received strong institutional support from both existing
Read morePolo Resources notes shares in Blackham Resources suspended
9th Feb 2017 14:52
(ShareCast News) - Shares in AIM-listed multi-sector investment company Polo Resources are down more than 6% as it noted that the shares of investee company Blackham Resources have been suspended. It said it would continue to monitor the situation and update the market in due course. Press reports
Read morePolo Resources celebrates success at investee company
12th Oct 2016 14:07
(ShareCast News) - Natural resources investment company Polo Resources announced on Wednesday that Blackham Resources has reported that gold production has commenced from its 5.1Moz Matilda Gold Project in Australia. The AIM-traded firm said the CIL tanks are operational and milling of ore has comme
Read morePolo Resources notes Blackham Resources raises about A$25m
19th Aug 2016 11:52
(ShareCast News) - Polo Resources said investee company Blackham Resources has raised about A$25m by placing roughly 25m new A$1 shares to fast-track expansion plans at the 5.1Moz Matilda Gold Project. The raising was oversubscribed and received strong institutional support. It said the placement p
Read morePolo Resources portfolio firm achieves milestone in Australia
21st Jul 2016 15:42
(ShareCast News) - Natural resources investment company Polo Resources announced on Thursday that Blackham Resources Limited has reported the successful achievement of another milestone towards gold production, with the commencement of open pit mining operations and underground development work at t
Read morePolo Resources issues 9.8m shares to buy Perfectus Management
15th Jul 2016 11:11
(ShareCast News) - Natural resources investment company Polo Resources said on Friday it was issuing about 9.8m new ordinary shares to buy a further 49% of Perfectus Management for $3m at the 2014 agreed price of 15p per share. The ordinary shares will rank alongside the company's existing issued or
Read morePolo Resources begins year with confidence
30th Mar 2016 13:37
(ShareCast News) - Resource investing firm Polo Resources entered 2016 with confidence, it reported on Wednesday, with most of its investments showing positive progress in the last six months of 2015. The AIM traded company's net assets totalled $73.03m on 31 December, and $75.53m on 16 March. Its n
Read morePolo Resources reports positive results from Tunisian phosphate scheme
17th Dec 2014 14:36
Shares in Polo Resources climbed after the mining investor reported upbeat drilling results from a Tunisian phosphate project in which it has a 33.2% stake. Polo's stock lifted 0.8p or 12.9% to 7p at 14:59 in London after it said drilling to date by Celamin Holdings at the Chaketma scheme had hit th
Read morePolo Resources increases stake in Australian gold company
28th May 2014 09:09
AIM-listed natural resources investment group Polo Resources announced it will increase its stake in Australian gold exploration company Blackham Resources. The group, which purchased a 4.2% stake in Blackham in March, will subscribe for 49% of the enlarged capital of Perfectus Management which in
Read morePolo Resources buys interest in Australian gold explorer
19th Mar 2014 15:36
Polo Resources, the AIM-listed natural resources investment group, announced that it will buy a 4.2 per cent stake in West Australian gold explorer Blackham Resources. Polo said on Wednesday afternoon it will acquire 4.76m shares at 21 cents per share for A$1m, giving it a holding of 4.2%. Blackha
Read morePolo Resources buys small stake in Tunisia-focused phosphate producer
19th Mar 2014 07:56
Natural resources investment firm Polo Resources has acquired a small stake in North Africa-focused phosphate producer Celamin. Polo said it has taken up a placement by Sydney-listed Celamin, representing a 12.7% interest for an investment of A$1.2m (£0.66m). "This is an excellent opportunity for
Read morePolo Resources encouraged by drilling in Sierra Leone
28th May 2013 07:50
Diversified natural resources investment firm Polo Resources is waiting on an updated resource estimate from its 90 per cent-owned Sierra Leone gold mining unit Nimini Holdings but has been encouraged by drilling results so far. The company said on Tuesday morning that it has now received all assay
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