26 Jan 2015 12:00
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Sable Mining Africa Share News (SBLM)
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Sable Mining Africa Information
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Don't have an account? Click here to register.Sable Mining surges after signing MoU with CITIC Group
Mon, 21st Sep 2015 11:18
(ShareCast News) - Shares in Sable Mining surged almost 90% on Monday morning, after the miner announced it had entered a memorandum of understanding (MoU) with CITIC Group.Under the terms of the MoU, CITIC and the China-based construction and services provider will work together to develop a 600 megawatt coal-fired power plant at Sable's Lubu coal project in Zimbabwe.The London-listed company said it had received support by the Republic of Zimbabwe and the Ministry of Energy and Power Development, which is the administration in charge of power development."Our team now look forward to exploring the commercial potential of this MoU further with the CITIC team and moving forwards with this project at speed," said group chief executive Andrew Groves.Sable Mining shares were up 90.85% to 1.01p at 1123 BST on Monday.
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26 Jan 2015 11:35
23 Jan 2015 18:13
UPDATE 2-Iron ore miner Sable agrees $1.3 bln export deal
* Agreement offers lifeline to London-listed firm * Exploitation of Guinea mine previously too costly * Sable flags announcement; shares soar 300 percent (Adds deal signing, updated stock price, quotes) MONROVIA, Jan 23 (Reuters) - Sable Mining signed a $1.3 billion deal to ex
Read more23 Jan 2015 12:05
17 Sep 2014 09:47
23 Apr 2014 11:47
Sable Mining Increases Resource At Nimba
LONDON (Alliance News) - Sable Mining Africa Ltd Wednesday announced an increase in its resource at the Nimba Iron Ore Project in Guinea following expansion exploration drilling on a limited area of its Plateau 3 site. The AIM-listed iron-ore exploration mining company said it has now incre
Read more23 Apr 2014 11:40
UK MIDDAY BRIEFING: Associated British Foods Soars On Profit Boost
LONDON (Alliance News) - Associated British Foods said Wednesday profit for the first half of the year increased, driven primarily by sales at its low-cost fashion retail chain Primark, which more than offset a substantial hit to its sugar business.
The food, ingred
23 Apr 2014 10:41
UK WINNERS & LOSERS: Iofina Share Price Halved By Production Outlook
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Associated British Foods, up 8.9%. The food, ingredients and retail group r
14 Apr 2014 15:39
REFILE-Guinea iron ore miners years away from using Liberian railway -ArcelorMittal
(In April 11 story, refiles to give company's full name in headline) * Arcelor to expand rail capacity to 20 mln T/year by end 2015 * Rail will not have spare capacity even after ArcelorMittal expansion * Liberia says rail has 50 mln T/year potential capacity * Arcelor to
Read more11 Apr 2014 15:02
Guinea iron ore miners years away from using Liberian railway -Arcelor
* Arcelor to expand rail capacity to 20 mln T/year by end 2015 * Rail will not have spare capacity even after Arcelor expansion * Liberia says rail has 50 mln T/year potential capacity * Arcelor to produce 5-6 mln T of ore in Liberia next year By Maytaal Angel LONDON
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