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Ironveld (IRON) Share News

IN BRIEF: Ironveld agrees to buy smelter facility Ferrochrome Furnaces

21st Dec 2022 11:15

Ironveld PLC - South Africa-focused exploration and development company - Says the debt purchase agreement and share purchase agreement for its Ferrochrome Furnaces Pty Ltd acquisition have now been agreed and signed. Ferrochrome Furnaces will provide the company with an existing smelting facility and the opportunity to commence mining and processing. The smelter is located in Rustenburg, South Africa. Read More

TRADING UPDATES: FBD loses CFO; Eqtec wins GBP 2 million loan facility

9th Dec 2022 19:51

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

TRADING UPDATES: Alternative Income assets rise; Ironveld signs deal

2nd Nov 2022 16:20

(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

TRADING UPDATES: Valereum loss widens; Audioboom revenue jumps

17th Oct 2022 21:50

(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

IN BRIEF: Ironveld begins power generation work programme with Enernet

12th Sep 2022 09:43

Ironveld PLC - South Africa-focused exploration and development company - Says it has been working with the project development and engineering teams from Enernet Global Inc to develop an optimised hybrid power plant. Adds that the power plant "will deliver clean, reliable and low cost power for the smelter facility in Rustenburg." Says the first stage of the service is underway with a one megawatt pre-operations power facility that will allow Ironveld to test and re-commission the smelter. Enernet will complete installation of the pre-operations power this month. Read More

IN BRIEF: Ironveld leadership triumphs over attempted ousting

12th Aug 2022 17:18

Ironveld PLC - South Africa-focused exploration and development company - At general meeting, proposals to remove Chair Giles Clarke and Chief Executive Officer Martin Eales were "comprehensively rejected". The meeting was convened at the request of Align Research Ltd, whose owners Richard and Catherine Jennings hold 9.0% of Ironveld's share capital, at the end of June. Richard Jennings later tried to withdraw the requisition for the meeting in early August, which Ironveld said was against the common law practice and company articles of association. Thus, the meeting went ahead, and the resolutions failed to pass. Read More

Ironveld starts work at FCF Smelter site in Rustenburg, South Africa

11th Aug 2022 12:04

(Alliance News) - Ironveld PLC on Thursday said it has begun work at its FCF Smelter site in Rustenburg, South Africa, following its recent GBP4.5 million fundraise. Read More

UK shareholder meetings calendar - next 7 days

5th Aug 2022 15:59

IN BRIEF: Ironveld to proceeds with GM despite withdrawn request

4th Aug 2022 19:36

Ironveld PLC - South Africa-focused exploration and development company - Shareholder Richard Jennings, director of Align Research Ltd issues letter to withdraw requisition for general meeting on Friday next week. Read More

TRADING UPDATES: Premier Miton assets dip; Challenger Energy CFO quits

15th Jul 2022 21:26

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

IN BRIEF: Ironveld nets GBP5.0 million from oversubscribed placing

13th Jul 2022 16:07

Ironveld PLC - South Africa-focused exploration and development company - Secures GBP5.0 million in fundraise. Subscription of 1.33 billion shares at 0.30 pence each raises GBP4.0 million, and raises further GBP1.0 million from broker option. Read More

TRADING UPDATES: Aquila closes acquisition; Mila's "impressive" assays

29th Jun 2022 21:29

(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

IN BRIEF: Ironveld agrees terms for smelter facility acquisition

24th May 2022 22:00

Ironveld PLC - South Africa-focused exploration and development company - Signs heads of terms to acquire 100% of Ferrochrome Furnaces Pty Ltd which will provide the company with an existing smelting facility and the opportunity to commence mining and processing. The smelter is located in Rustenburg, South Africa. ZAR15 million, around GBP750,000, will be paid on completion and ZAR100 million will be paid over 10 years, calculated as a percentage of profits from the smelter. This figure is capped at 13.5% per year. The acquisition remains subject to a final contract but Ironveld retains deal exclusivity until August 19. Company adds it has planned a refurbishment work programme for the smelter facility. Read More

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