(Alliance News) - Shares in Contango Holdings PLC rose by nearly a third early Monday, after the company announce a new investor has bought a majority stake in its Muchesu coal project in Zimbabwe. Read More
(Alliance News) - London's FTSE 100 started the week in decent shape, recovering some momentum after a tough week, as investors ready for Thursday's Bank of England decision. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Thursday and not separately reported by Alliance News: Read More
Contango Holdings PLC - metallurgical coal producer focused on its 70%-owned Muchesu coal project in Zimbabwe - Raises GBP940,000 through the placing of 94.0 million new shares at a price of 1 pence each, now representing around 17% of the company's total share capital. Says that the fundraise will strengthen its working capital position and allow ongoing contract discussions to materialise, but that the proceeds are insufficient to repay its outstanding shareholder loans of GBP2.7 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Contango Holdings PLC on Wednesday provided an update into operations at its Muchesu project. Read More
(Alliance News) - Contango Holdings PLC on Friday said it has no plans for an equity raise, as the firm noted the recent sharp drop in its share price. Read More
Contango Holdings PLC - natural resource development company operating the Muchesu coal mine in Zimbabwe - On Friday, says the financial year ended May 31 has been "significant" as it has seen Contango transition from an exploration and development company to a production and revenue-generating company. Activities during the year ended May 31 were focussed on achieving first stable production of coking coal at the Muchesu coal project. Read More
Contango Holdings PLC - Zimbabwe-focused natural resource development company - Receives final approvals for the export of coal from the Muchesu project in Zimbabwe by the country's Minerals Marketing Corporation. As a result, company makes its inaugural sale to TransOre International FZE. Read More
(Alliance News) - Contango Holdings PLC on Tuesday said the installation of the weighbridge at the Muchesu coal project in Zimbabwe was completed last week and is now fully operational. Read More
(Alliance News) - Contango Holdings PLC on Monday said it has signed a new off-take agreement with TransOre International FZE. Read More
Contango Holdings PLC - Zimbabwe-focused natural resource development company - Responds to recent speculation regarding its offtake agreement with AtoZ Investment Pty Ltd. Read More
Contango Holdings PLC - natural resource development company with operations in Africa - Notes start of washed coal production at Lubu coking coal project in Zimbabwe. Says Wirtgen surface miner can mine at a rate of up to 1,000 tonnes of coking coal per hour. "The company will continue to undertake studies on washed coal production to ensure optimisation. Samples will also be sent to several parties who have indicated they would look to enter into long-term offtake contracts. This includes the company's potential strategic partner under a memorandum of understanding and complements Contango's existing offtake for 10,000 tonnes a month of washed coal," Contango says. Adds that it will sell all produced coking coal at factory gate with a current MMCZ price at USD120 per tonne. Expects to announce first sales of washed coking coal next month. MMCZ is a minimum price prescribed by the Minerals Marketing Corporation of Zimbabwe. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Contango Holdings PLC on Friday expects to make ITS first coking coal sales by the end of the first quarter this year. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More