Bushveld closing in on completion of SMC acquisition
Bushveld Vameco has provided the required proof of funding to Evraz
Company
LON:BMN
Bushveld Minerals Limited is a low-cost, vertically integrated primary vanadium producer. It is one of only three operating primary vanadium producers, owning 2 of the world’s 4 operating primary vanadium processing facilities. The company's target is to organically grow production to more than 8,400 mtVp.a. in the medium term.
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Bushveld Vameco has provided the required proof of funding to Evraz
Some of the top rises and falls in London at 3.30pm: Restaurant Group, Inmarsat, Graphene Nanochem
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A look at the world of mining firms in the news this week
Jaxson 640 is led by Bill Chipane, who has been a consultant to Bushveld for some time
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A glance at today's headlines on the Proactive newswire ...
Uis is one of the largest undeveloped opencast hard rock tin deposits in the world
The deal to buy Vametco owner Strategic Minerals Corporation, from Russian mining giant Evraz Group, was unveiled in April this year.
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Elsewhere, Haydale Graphene agrees a development deal with Araldite maker; Akers Biosciences hails its “highly successful” diabetes trial; Tissue Regenix signs it first European distribution agreements; plus much more…
A deal would see VBKom provide capital and technical support in return for a stake that will not exceed 50%.
Chagala shares rocketed as one of its shareholders increased its stake after buying shares at a premium to the market price
The South African Bushveld-focused group has two anchor projects in the vanadium arena
A round-up of small-cap stories on the Proactive newswire today
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Round up of this week's mining headlines from the world of Proactive.
The environmental impact assessment is part of a mining permit application (MRA) process started by the company 18 months ago.
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A look at the week's mining news from the small cap sector
OptiBiotix reports strong progress, Bushveld confirms closing of a share placing and Challenger Acquisitions has had a court case against it has been dismissed.
Biggest share price risers and fallers in London at 12.30pm
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Deutsche Bank said British American Tobacco remained one of its top picks.
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A round up of the week's mining headlines from Proactive.
The deal to buy Strategic Minerals Corporation from Russian mining giant Evraz Group SA was unveiled in April this year.
Lekoil nears commercial production in Nigeria; Sound Energy ready to start drilling second well; and Armadale records high graphite grades
A snapshot of today's small company news highlights
“The settlement paves the way for Lemur to take forward the development of its Imaloto Coal and power projects,” said Fortune Mojapelo, Bushveld chief executive.
Bushveld Energy and the IDC will undertake a feasibility study to assess the size of the potential market in South Africa
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Onzima said it “has thus far made a number of positive returns on its investments” in the resources sector.
Fund raisings have continued apace in the junior mining sector
Hummingbird Resources undertakes a successful equity financing, Rambler Metals & Mining has closes its fundraise, while Kibo Mining caps off a good week.
Bushveld Minerals has lined up the first tranche of financing for its acquisition of the Vametco vanadium mine in South Africa
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Top story this week - Lucara's massive diamond breaks auction records. Even bigger one to come.
Allergy Therapeutics' latest clinical study "encouraging", Metal Tiger makes new copper discovery in Thailand and Regency Mines to expand into oil and gas.
The company has just agreed to spend the best part of £12mln on the Vametco vanadium mine next door to the company’s own deposit at Brits
The operation is adjacent to Bushveld's existing Brits vanadium project
Top-flight stocks fall but property shares, Grainger in particular, build momentum
Bushveld moves into vanadium production, Rame Energy agrees a development loan and SyndicateRoom fights human trafficking with latest listing.
The FTSE AIM 100 and the AIM All-Share were both modestly in positive territory
Investors tuck into Snacktime but Snoozebox falls out of bed as CEO departs abruptly
If the acquisition goes through it would immediately provide Bushveld with access to vanadium production
Proactive speaks to Mikhail Nikomarov, chief executive of Bushveld Energy, the resources group’s new vanadium-focused energy storage subsidiary.
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Obtala's new melons, Bushbeld sets sights on energy storage and a record auction for Gemfields.
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Here’s the small cap news highlights from this past week.
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Here’s the news highlights from the mining sector this past week.
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Today we reported that intellectual property investor Imperial Innovations is raising £100mln after placing 23.5mln new shares at 425p apiece with institutional investors. The funds will be used to invest in target sectors and invest in exi
The FTSE 100 Index was 56.86 points up at 5894 at lunchtime
The economics of the project will only get better as the global economy improves says CEO
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A rollercoaster day saw the index open higher but head lower
FTSE 100 has dropped back close to a three-year low since the start of the new year
FTSE 100 was 30 points lower at 5,774 with oil stocks again bearing the brunt
Empyrean's exist from a US shale project looks well-timed
Shares in Bushveld Minerals were wanted after the company announced the formation of a new business focused on the energy storage market
Others with news out included Bushveld Minerals, Paragon Diamonds, Shanta Gold and ZincOx Resources.
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If you're a fan of interim results statements, today was dedicated to you.
Things are proceeding apace at the Mokopane Vanadium Project in Limpopo Province, South Africa.
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The end of quarter is approaching so companies were rushing out end-June trading updates, leading to a very heavy news day.
Atlanctic Coal, Strategic Minerals and African Potash all had significant news out this week...
Investments and investor services
A flurry of announcements from the consortium involved in Horse Hill got investors excited today.
Bushveld Minerals is making progress across its portfolio....
Vanadium is something of a special case with energy storage the long term prize.
Bushveld Minerals updated on the previously announced possible vanadium acquisition by Lemur Resources....
The independent directors at Aussie listed Lemur Resources (ASX:LMR) have recommended shareholders accept Bushveld Minerals (LON:BMN) offer to mop up the outstanding shares in the Madagascar coal group...
Bushveld Minerals (LON:BMN) reported that Lemur Resources (ASX:LMR), of which it owns 63.6%, is holding discussions over a possible acquisition of a vanadium project in South Africa.
“Our aim at Bushveld”, says Mojapelo, “is to develop projects that are in the lower cost quartile.