Red Rock Resources delays planning work following unrest in the DRC
30th Jan 2019 08:50
(Sharecast News) - Natural resource development company Red Rock Resources has hit the brakes on planning work in the Democratic Republic of Congo due to the nation's uneasy political climate.
Read moreRed Rock Resources sees progress on DRC assets
19th Dec 2018 15:26
(Sharecast News) - Natural resource development company Red Rock Resources announced developments in relation to its joint venture agreement for the development of cobalt and copper assets in the Democratic Republic of the Congo on Wednesday.
Read moreRed Rock Resources resolves Kenya legal dispute
22nd Oct 2018 14:31
(Sharecast News) - Natural resource investment and development company Red Rock Resources updated the market on the legal proceedings it and its local partner instituted in May 2015 against the Ministry of Mining in Kenya.
Read moreRed Rock Resources sells down its Goldstone holding
13th Dec 2016 08:47
(ShareCast News) - Red Rock Resources announced a partial sell-down of its holding in Goldstone Resources on Tuesday, less than six months after it took up the shares. The AIM-traded firm had participated in a placing by GRL on 28 July, in which it acquired 3,857,400 shares at 2.5p apiece for a 9.65
Read moreRed Rock Resources to receive £658,350 from manganese investment
21st Nov 2016 11:17
(ShareCast News) - AIM-listed miner RedRock will receive a £0.5m payout from a South African investment due to strong manganese prices, which if they continue are expected to lead to more of the same. Jupiter Mines, an Australian company in which Red Rock owns over 27.3m shares, has announced that i
Read moreRed Rock Resources sees production begin at Shoats Creek
14th Oct 2016 11:34
(ShareCast News) - Red Rock Resources posted an update over its Shoats Creek Field in Beauregard Parish, Louisiana on Friday, saying it has been advised by the operator that gas production has begun from the Lutcher Moore 20 well. The AIM-traded firm said a 600 metre gas line has now been installed
Read moreMetal Tiger increases shareholding in Red Rock Resources
24th Aug 2016 12:08
(ShareCast News) - Mineral project investor Metal Tiger has increased its shareholding in gold and iron ore explorer Red Rock Resources in a bid to capitalise on the recovering resource sector. Metal Tiger agreed to pay £100,000 to subscribe for 25m of the total 75m new ordinary shares issued by
Read moreRed Rock working through Shoats Creek delays
8th Jun 2016 15:04
(ShareCast News) - Mineral exploration and production company Red Rock Resources updated the market on its programme at the Shoats Creek Field in Louisiana on Wednesday, including the identification of a low-cost recompletion opportunity at the LM19 well. The AIM-traded firm reiterated that there ha
Read moreRed Rock Resources enters option agreement with Elephant Oil
26th Jun 2015 08:47
Shares in Red Rock Resources surged over 10% early on Friday, after the mineral exploration company said it entered into an option agreement with Elephant Oil. The London-listed company said the option, if exercised, would require Red Rock to subscribe for 1,086,956 new ordinary shares in Elephant,
Read moreRed Rock Resources sells Colombian assets
14th Apr 2015 09:08
Gold miner Red Rock Resources has reached an agreement to sell its El Limon gold assets to Colombia Mining for $5m (£3.4m). The London-listed group said the payment for the sale of its Colombian assets included $100,000 it had already received and up to $3m in future royalty payments. Red Rock chai
Read moreRed Rock Resources FY losses narrow on the back of lower costs
21st Nov 2014 16:34
Mineral exploration firm Red Rock Resources said its pretax loss for the year had narrowed, due to a reduction in costs. Pretax loss for the year ended 30 June fell from £22.1m to £4.1m, as costs declined and the firm did not book any impairment costs. Meanwhile, the firm announced that it will rec
Read moreRed Rock shares soar as Resource Star purchases Cloud Lands firm
13th Nov 2014 16:39
Mineral exploration firm Red Rock Resources said on Thursday that Resource Star, in which it holds a 15.2% stake, had exercised its option to acquire an Australian cloud computing service. Australian-listed Resource Star announced it had reached a deal to purchase Cloud Lands Digital Fortress, thoug
Read moreRed Rock Resources part-owned mine beats production target
1st Sep 2014 12:29
Red Rock Resources on Monday reported that Jupiter Mines's Tshipi Borwa Manganese mine, in which it holds a 1.2% stake, achieved above-target production of 1.1m tons of manganese in its first year of production. For the current year, which began at the start of March, 2m tons are projected, with p
Read moreFund manager adds to majority stake in Manchester & London Investment Trust
5th Jun 2014 15:21
Mark Sheppard, the investment manager of Manchester & London Investment Trust (MLIT), has bought nearly £1.9m of shares in the closed-ended investment company. Sheppard, from MLIT's parent Manchester & Metropolitan Investment and MLIT's fund manager Midas Investment Management, bought 712,071 share
Read moreRed Rock shares soar on Resource Star's Texan oil plan
2nd Aug 2013 14:38
Shares in Red Rock Resources carved out gains of nearly 15 per cent after it emerged its Australian associate intends to buy a stake in a Texan oil project. Resource Star, which is 39% owned by Red Rock, has struck a binding agreement to buy a 50% stake in D-Bar Leasing from Searex Petroleum. The
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