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Topic

Apollo to raise cash and shake up board

By: Esmarie Swanepoel     11th May 2016 Metals explorer Apollo Minerals is hoping to raise A$4.4-million to fund its search for new projects. The ASX-listed junior said on Wednesday that it would seek shareholder approval for a one-for-four share consolidation, thereby reducing its current number of shares on issue to 1.5-million. 

Apollo shareholders agree to HPX deal

By: Esmarie Swanepoel     15th April 2014 The shareholders of junior Apollo Minerals have approved a strategic alliance with High Power Exploration (HPX) to explore for base metals at a new iron-ore copper gold frontier, in South Australia. At an extraordinary general meeting, Apollo shareholders approved the issue of 50-million shares,... 

ZAC refutes underperformance claims by would-be acquirer

By: Leandi Kolver     8th March 2013 The acquisition agreement between Southern Africa-focused coal producer Forbes & Manhattan Coal and mining major Rio Tinto subsidiary Riversdale Mining was not cancelled because of Zululand Anthracite Colliery’s performance says ZAC black economic-empowerment partner Maweni Mining Consortium... 

Moz benefiting from Australian mining investment, assistance

By: Keith Campbell     4th May 2012 World number three miner Rio Tinto expects to export its first shipment of coal from its Benga project in Mozambique this month. Benga is in the Moatize district of Tete province, and the coal will be transported by rail along the Sena line to the port of Beira and then shipped to India.  

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