ZincOx Resources teams up with Korea Zinc to start up plant in Vietnam

23rd Jan 2017 10:36

(ShareCast News) - ZincOx Resources, an AIM-listed company that recycles hazardous waste generated by recycling steel scrap, has entered into a joint-venture agreement with Korea Zinc company (KZC) to develop a recycling plant in Vietnam. Under the agreement, KZC will fund 100% of a Definitive Devel

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ZincOx acquires Korea Zinc for $7.95m

12th Jan 2017 12:30

(ShareCast News) - ZincOx Resources, an AIM listed company that recycles hazardous waste generated from recycling steel scrap, has announced that it has entered into a sale and purchase agreement with Korea Zinc company (KZC) with regard to the company's remaining interest in Zinc Oxide corporation,

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ZincOx Resources and Korea Zinc Co in Vietnam recycling plant JV

24th Nov 2016 12:38

(ShareCast News) - ZincOx Resources and Korea Zinc Company Ltd (KZC) have entered a Memorandum of Understanding (MoU) for the joint design and development of a recycling plant in Vietnam. The MoU foresees KZC funding 100% of a Definitive Development Study (DDS) in sufficient detail to enable the rai

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ZincOx operating loss widens amid viability concerns

28th Sep 2016 11:20

(ShareCast News) - ZincOx Resources announced its unaudited half yearly results for the six months to 30 June on Wednesday, with revenue of $0.64m more than doubling from the $0.29m in the 2015 interim period. The AIM-traded firm's operating expenses were almost three times what they were in the pri

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ZincOx raises £300,000 for working capital, other opportunities

17th Jun 2016 16:33

(ShareCast News) - ZincOx Resources has raised £300,000 at 1p a share, proceeds going to working capital and various opporunities over the next 12 months using its metallurgical expertise. At 16:47 BST, shares in ZincOx were up 28% to 0.8p. It is working with EETAC, a consortium of US and intern

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ZincOx to hand over 90% of business after fundraising fail

29th Dec 2015 07:41

(ShareCast News) - ZincOx will have to hand over 90% of its main operational business to its creditors after failing to coax investors into raising crucial funds. The AIM-listed company and its joint brokers Peel Hunt and FinnCap made what it said were intensive efforts over recent weeks to raise th

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ZinCox Resources to raise £3.2m to upgrade Korean Recycling Plant

16th Jul 2015 10:33

(ShareCast News) - Zincox Resources has raised around £2.1m before expenses through a conditional placing of approximately 16.1m new shares at 13p per share with institutional and other investors and plans to raise a further £1.1m. The 13p per share price represents a discount of 1.9% to the closing

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ZincOx Resources reports improvement from Korean plant

14th Jul 2015 12:03

(ShareCast News) - Zinc concentrate producer ZincOx Resources said operations at its Korean recycling plant improved throughout the first half of 2015. In the period, the plant, the group's only producing asset, generated $22.2m in revenue, a 24.7% increase year-on-year, while earnings before intere

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ZincOx Resources reports record monthly EBITDA at its Korean Recycling Plant

9th Jun 2015 14:57

Recycling firm ZincOx announced record monthly earnings before interest, tax, depreciation and amortisation (EBITDA) at its wholly-owned Korean Recycling Plant. May EBITDA climbed from $0.77m to $1.01m month-on-month, driven by an increase in zinc recovery from 90% to 91%, and concentrated produced

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ZincOx Resources widens losses after issues at Korean Recycling Plant

3rd Jun 2014 09:25

AIM-listed ZincOx Resources reported that its loss more than doubled to $26.3m for 2013, resulting mainly from the multiple operational and mechanical issues at its Korean recycling plant (KRP). As a consequence, in most months, the plant was operating for less than two thirds of the time and gene

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Cineworld's newest board members stock up

25th Apr 2014 16:00

Mooky Greidinger, who took over as Chief Executive Officer (CEO) of Cineworld just two months ago, on Friday acquired 48,090 shares in the group. He paid 302.63p a share spending a total of £145,535. Chief Operating Officer, Israel Greidinger, matched his purchase with his own. Both joined the

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Fusion IP flies as new directors dip in

2nd Apr 2014 15:30

Shares in university intellectual property commercialisation group Frontier IP flew higher on Wednesday after new directors dipped in to buy shares. New James Fish, Finance Director, bought £28,000 worth of shares at 28p per share, while Non-Executive Director Michael Bourne pocketed £49,000 of sha

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Wood Group Chairman sells 250,000 shares

23rd May 2013 16:24

The Chairman of Wood Group has traded in 2.1m pounds-worth of shares in the group. Allister Langlands sold, on behalf of his wife, 250,000 shares 846p each. The deal was announced on the same day the FTSE 100 energy services giant announced its PSN business has scored a contract to deliver oper

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ZincOx Resources sells Jabal Salab joint venture

11th Mar 2013 09:44

ZincOx Resources said Monday it is selling its Yemen arm to Ansan Wikfs, its joint venture partner in Jabal Salab. The disposal of ZincOx Resources (Yemen) Limited, which holds a 52% interest in Jabal Salab, will give Ansan Wikfs complete control of the venture. Jabal Salab has the right to explo

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Natural resource companies advance on LSE

9th Jan 2013 14:22

Natural resource companies were advancing on the London Stock Exchange Wednesday, pushing stocks higher in the afternoon. Solo Oil was in the spotlight as it rocketed 13.73% to 0.58p following news that its planned farm out of the Ruvuma RSA had attracted interest of multi-nationals and national oi

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