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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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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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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 Loses Control Of Tonkolli Iron Ore Project To Lender
LONDON (Alliance News) - African Minerals Ltd Tuesday said its lender has taken control of two subsidiaries that holds the company's 75% stake in the Tonkolli iron ore project in Sierra Leone.
PEG Ratio (5 yr expected):
African Minerals Limited engages in the mining, exploration, and development of iron ore. Its principal project includes the Tonkolili iron ore project, as well as associated 200 kilometers rail and port infrastructure located in central Sierra Le ...
UPDATE 1-China's Shandong calls in African Minerals debt
A group of banks including Standard Chartered and Citi, had lent African Minerals $250 million as pre-export finance (PXF), and have transferred their interest to Shandong Steel Hong Kong Zengli Limited, a subsidiary of Shandong Iron and Steel Group, ...
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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African Minerals' Woes Continue Despite All Efforts
VENTURES AFRICA - The struggling Sierra Leone iron ore miner, African Minerals, at the weekend said it will abide by an order from its partner, Shandong Iron and Steel Group (Shandong) that prevents it from entering bankruptcy.
Shandong firm takes control of African Minerals debt  Global Times
Non-executive director leaves African Minerals
African Minerals said it had an agreement with Global Iron Ore (Cyprus) Limited, an iron ore marketing firm in which Dermot Coughlan is not a shareholder, and had not had any business dealings with Global Iron Ore (Hong Kong) Limited. The miner also ...
African Minerals: Dermot Coughlan resigns  FT Alphaville (registration)
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