Sable Mining boss refutes corruption allegations
13th Jun 2016 14:52
(ShareCast News) - Resources company Sable Mining made an announcement to the market on Monday, over recent press comment and speculation regarding allegations of bribery and corruption made against the company in Liberia. The AIM-traded firm said one allegation is that CEO Andrew Groves has been in
Read moreSable Mining Africa probes bribery and corruption reports
26th May 2016 11:22
(ShareCast News) - Sable Mining Africa, the company founded by ex-England spin bowler Phillipe-Henri Edmonds, has confirmed it is investigating allegations of bribery and corruption made against the company in Liberia. The AIM-listed, sub-Sahara-focused outfit, run by Edmonds and longtime business p
Read moreTurbulent commodities make it a tough six months for Sable
22nd Dec 2015 16:03
(ShareCast News) - Sable Mining was forced to tread carefully in the first half of the financial year, as the poor resources price environment made it harder for the company to extract value for shareholders. The AIM-listed miner with activities focused in sub-Saharan Africa said it focused on "prud
Read moreSable Mining surges after signing MoU with CITIC Group
21st Sep 2015 11:18
(ShareCast News) - Shares in Sable Mining surged almost 90% on Monday morning, after the miner announced it had entered a memorandum of understanding (MoU) with CITIC Group. Under the terms of the MoU, CITIC and the China-based construction and services provider will work together to develop a 600 m
Read moreSunday share tips: Royal Dutch Shell, SAB Miller, Sable Mining
24th Nov 2013 18:29
Investors are sick of companies who spend buckets of cash on purchasing new assets with little or no regard for investor returns. That is what is known as "empire building" and it has seen several Chief Executives ousted as a result this past year. Unfortunately, not everyone seems to have got the m
Read moreSable Mining gets go-ahead for Guinea iron exports
7th Oct 2013 15:28
Sable Mining Africa has taken a major step towards launching production at an iron mine in Guinea. Sable has won permission from the Guinean government to export iron ore from its Nimba mine across the border to Liberia and then on to the port of Buchanan. The export decree allows it to avoid havi
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