Alecto Minerals : Kossanto East Joint Venture
Alecto Minerals plc / EPIC: ALO / Market: AIM / Sector: Mining 22 August 2016 Alecto Minerals plc ('Alecto' or the 'Company') Letter of Intent for Earn-in Agreement for Kossanto East Gold Project Alecto Minerals plc (AIM: ALO), the Africa-focused gold and base metal exploration and development company, is delighted to announce that it has …
Alecto Minerals PLC Proposed Acquisition of Copper Mine …
Alecto Minerals plc (AIM: ALO), the Africa-focused gold and base metal exploration and development company, is delighted to announce the proposed acquisition of Cradle Arc Investments (Proprietary) Limited ("Cradle"), a company incorporated in Botswana, which owns the Mowana Copper Mine ("Mowana" or the "Mine") in north …
Alecto Minerals : Full Time Production at Mowana Copper …
Alecto Minerals plc (AIM: ALO), the African-focused gold and copper exploration and development company, is pleased to announce that production is now ongoing on a full-time basis at the Mowana Copper Mine in Botswana ("Mowana" or the "Project") following completion of the first blast on 29 April 2017 and a successful trial …
Alecto Minerals raises £1 million to restart Mowana and …
Alecto Minerals said that the net funds raised from the issue of the notes will be used to provide a loan of up to $1 million to Cradle, which it will use to restart operations at Mowana. Fujax Minerals and Energy, the South African minerals and energy trading company providing off-take financing to Mowana, will match Alecto's loan to Cradle ...
Alecto Minerals : Termination of Ethiopian Joint Venture …
Alecto Minerals plc (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, announces that it has received formal 90 days notice from Centamin plc ('Centamin') to terminate the joint venture agreement entered into between the Company and Centamin in September 2013 with regards to the …
Alecto Minerals focused on progressing Centamin relationship
Alecto Minerals hailed 2012 as a year of progress, but all eyes are understandably on the future and its potential alliance with Centamin ().. Activities in Ethiopia last year primarily focused on adding value to the portfolio, prioritising future exploration targets and pursuing strategic partnerships to solidify the company's position and …
Alecto Minerals achieves full time production at Mowana …
Alecto Minerals (IM, June 2016 pp8-12), the African-focused gold and copper exploration and development company, reports that production is now ongoing on a full-time basis at the Mowana mine in Botswana following completion of the first blast on 29 April 2017 and a successful trial period, which saw the company produce saleable …
Alecto Minerals : Termination of Equity Swap
Alecto Minerals plc ('Alecto' or the 'Company') Termination of Yorkville equity swap and issue of equity Alecto Minerals plc (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, announces that the equity swap agreement (the 'Equity Swap'), announced on 7 November 2013 between the Company …