Western Areas Limited is pleased to announce it has completed the sale of 100% of its shareholding in Bluejay Mining plc following a bookbuild process conducted overnight in London. Western Areas sold its 18.8% holding in Bluejay realising A$27m net of fees. The transaction was placed to a number of institutional holders and is scheduled for [...]
FinnAust Mining Plc listed is pleased to announce Greenland Government approval with respect to the acquisition of Avannaa Exploration Limited. Avannaa is an exploration company with advanced projects in southwest Greenland. The Company has also applied for and been granted an additional 28km2 exploration licence covering the Illukunnguaq area [...]
FinnAust Mining plc is pleased to announce that it has successfully raised £8.5 million from the issue of 76,428,572 new ordinary shares of 0.01 pence each in the capital of the Company and the placing of 45,000,000 existing ordinary shares of 0.01 pence each in the capital of the Company at a placing price of 7 pence per share. Both new and [...]
FinnAust Mining Plc's SP Angel Indicates Potential 114% Increase, target price of 15 p from current price of 6.99 p. Consolidating a dominant position in Greenland's emerging minerals sector, London-based FinnAust Mining demonstrates a commitment to progress and fast-track towards production of titanium rich, ilmenite mineral sands at Pituffik [...]
FinnAust Mining plc is pleased to announce significant advances in optimising the metallurgical processes required to produce an ilmenite concentrate from the Pituffik Titanium Project in Greenland. Successful test work demonstrates ability to produce a gravity-separated concentrate that compares favourably against existing 'hard rock' sources of [...]
