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African Minerals Limited news

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Why African Minerals Limited Jumped Today
Embattled iron ore miner African Minerals (LSE: AMI) jumped earlier today, adding to gains made over the last week as investors speculate about the company's future.
Should You Buy African Minerals Limited On Rising Production?
opencast.mining African Minerals (LSE: AMI) published its interim results this week, but despite news that iron ore production rose by 58% during the first half of the year, the company's share price is still 90% lower than it was at the start of 2014.
African Minerals at Six-Year Low as Iron Ore Slump Drains Cash  Bloomberg
African Minerals hires banks to examine debt restructuring  Financial Times
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Today's Small-Cap Losers: African Minerals Limited And AMARA MINING PLC
Nevertheless, African Minerals is facing other headwinds. One of the company's independent non-executive directors resigned without warning last month and the Tonkolili mine is located within Sierra Leone, right at the heart of the current Ebola outbreak.
African Minerals starts temporary shutdown at Sierra Leone mine
This year another Sierra Leone iron ore miner, London Mining, went into administration. Its Marampa mine was bought by Frank Timis, who is also executive chairman and a shareholder at African Minerals. African Minerals' own shares were suspended last ...
African Minerals Halts Trading, Suspends Project Due To Lack Of Cash  London South East
Frank Timis of African Minerals Speaks:  Awareness Times
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African Minerals says no cash to meet debt payment
Feb 10 (Reuters) - African Minerals Ltd said it did not have money to make a $17 million coupon payment due Feb. 10, two months after a cash crunch forced it to shut down its iron ore operations in Sierra Leone.
African Minerals chief Alan Watling resigns
The chief executive of African Minerals has resigned just six months after joining the troubled iron ore miner which has seen its shares suspended from Aim and been forced to shut operations at its largest mine.
African Minerals chief quits, blaming Chinese  The Times (subscription)
Sierra Leone News: SISG's Court order cripples African
The Chinese Shandong Iron and Steel Group (SISG) which owns 25% shares in African Minerals last week Thursday 26th February obtained two High Court (Sierra Leone,) orders the first of which could force the company into bankruptcy, and the second which ...
Cash-strapped African Minerals dents BlackRock World Mining
African Minerals has been hit by the plunging iron ore price and tried to sell its stake in the Tonkolili iron ore mine in November, only to fail to find a buyer.
African Minerals, Kontillo Resources and the strange story of GIO
One was Global Iron limited, an Australian listed company which acquired a Cayman entity called African Petroleum Corporation Limited for stock in early 2010, adopting the acquired company's name. The prospectus outlining the transaction and a $230m ...
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Sierra Leone News: African Minerals to resume operations
... born Mr Moseray Fadika have assured President Koroma of “strong commitment and willingness to re-commence mining operations in the country by mid-April, 2015” as debt owed by African Minerals Limited (AML) has been bought by the Chinese group.