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Armadale Capital PLC Ord 0.1P (ACP)

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16-Sep-2019 01:16 PM

Armadale Capital swings to modest profit after foreign exchange gain

Africa-focused mining project investor Armadale Capital posted a modest half-year profit after it made foreign exchange gains on an overseas operation. Pre-tax profit for the six months through June amounted to £24k, compared to a loss of £22
28-May-2019 07:23 AM

Armadale reports narrower losses on lower costs

Natural Resource company Armadale reported narrower annual losses on lower costs. For the 12 months ended 31 December, pre-tax losses narrowed to £0.410m from 0.444m a year earlier, but the group did not earn any revenues as it solely made invest
16-Apr-2019 10:34 AM

Armadale Capital issues update on the Mahenge Liandu graphite project

Armadale Capital provided an update in respect of the significant progress made advancing the Mahenge Liandu Graphite Project in Tanzania towards production, including the remaining steps needed to complete the Definitive Feasibility Study (DFS). OVERVIE
12-Jan-2018 07:20 AM

Armadale agrees to sell non-core Mpokoto project

Armadale Capital has entered into a heads of agreement to sell its interest in the Mpokoto gold project in the Democratic Republic of Congo to Weghsteen Capital Advice SA for US$562,500 and a 1.5% royalty on gold produced. WCA is acting on behalf of Ra
02-Jan-2018 07:09 AM

Armadale confirms positive results at Mahenge Liandu

Armadale Capital has confirmed positive results from test work completed on a bulk sample from the Mahenge Liandu graphite project in Tanzania. The company said around 5.5kg of high purity graphite concentrate was produced from a 30kg bulk sample which w
23-Nov-2017 02:23 PM

Armadale appoints BatteryLimits to manage aspects of Mahenge Liandu project

Armadale Capital has announced the appointment of BatteryLimits to project manage the Engineering and Processing aspects of the Mahenge Liandu Graphite Project in Tanzania. Completion of an initial scoping study is expected by early 2018. On completion
07-Nov-2017 09:49 AM

Armadale reports further excellent results at Mahenge Liandu

Armadale Capital has reported further excellent drilling results at the Mahenge Liandu graphite project in Tanzania. It said wide high-grade mineralisation had been consistently intersected from shallow, near surface depths, with thick graphite intersect
20-Oct-2017 09:33 AM

Armadale secures funding for Mahenge Liandu development

Armadale Capital has agreed a financing facility with a consortium of high net worth individuals to provide up to £400,000 for the continued development of the Mahenge Liandu graphite project in Tanzania and completion of a feasibility study in H1 2
29-Sep-2017 07:58 AM

Armadale confirms high value graphite concentrate at Mahenge Liandu

Armadale Capital said further test work on the bulk sample from the Mahenge Liandu graphite project in Tanzania had produced improved flake size distribution while maintaining very high levels of purity, as tested via a simple flotation process. It said
07-Sep-2017 09:19 AM

Armadale reports exceptional results at Mahenge Liandu

Armadale Capital said test work on a 300kg bulk sample of graphite mineralisation taken from the Mahenge Liandu project in Tanzania had produced graphite concentrates with exceptional purity of up to 99.1% total graphitic carbon using a simple crushing an
17-Aug-2017 09:44 AM

Armadale confident of resource increase at Mahenge Liandu

Armadale has completed the first phase of reverse circulation drilling at its Mahenge Liandu graphite project in Tanzania, with wide zones of near surface mineralisation intersected over a strike length of 1,200m. Armadale said test work on the bulk sam
19-Jul-2017 07:51 AM

Armadale update on Mahenge Liandu exploration

Armadale Capital has issued an an update on exploration activities at its Mahenge Liandu graphite project in Tanzania and said it was well on the way to establishing its commercial viability. Highlights: - Two-phase development plan defined at Mahenge L
05-Jun-2017 07:47 AM

Armadale inks drilling contract for Mahenge Liandu

Armadale Capital has signed a drilling contract with CoreworthyDrilling for the exploration programme at Mahenge Liandu. The company said the objective of the programme was to increase both the quantum and confidence category of the maiden JORC resour
02-Jun-2017 08:10 AM

Armadale Capital losses narrow

Pre-tax losses at Armadale Capital narrowed in the year to the end of December to £921,675 down from £991,512 last time. The group did not earn any revenues as its business related solely to the making of investments in non revenue producing
21-Apr-2017 09:46 AM

Armadale confirms excellent test results at Mahenge Liandu

Armadale Capital said test work results received from graphite concentrate samples underpinned the commercial viability of graphite mineralisation at the Mahenge Liandu project in Tanzania. It said the results of the test work confirmed the expandability
29-Mar-2017 08:15 AM

Armadale starts exploration programme

Armadale Capital has started the exploration programme for the 2017 season at the its 100% owned Mahenge Liandu graphite project in Tanzania. Armadale said the programme was designed to upgrade and expand the existing JORC compliant inferred mineral reso
23-Feb-2017 01:10 PM

Broker Forecast - Beaufort Securities issues a broker note on Armadale Capital PLC

Beaufort Securities today reaffirms its speculative buy investment rating on Armadale Capital PLC (LON:ACP) and set its price target at 4.40p. Story provided by StockMarketWire.com...
02-Feb-2017 02:25 PM

Armadale updates on Mahenge Liandu graphite project

Armadale Capital says it has received the first phase of metallurgical test-work results from a bulk sample from a test pit on the Mahenge Liandu graphite project in Tanzania. The sample produced high concentrate grades of up to 99.1% total graphitic car
28-Sep-2016 09:41 AM

Armadale to form JV for Mpokoto development

Armadale has entered into a binding heads of agreement with African Mining Services Pty Ltd to form a joint venture to develop and operate the Mpokoto gold project in Katanga Province, Democratic Republic of Congo. Mpokoto has an established resource of
23-Jun-2016 12:19 PM

Armadale raises £825,000 to support Mahenge Liandu Graphite project

Natural resources company Armadale (ACP) raised £825,000 through the placing of over 41 million new shares at a price of 2p per share. The funds raised will be used to support development of the Mahenge Liandu Graphite project in south east Tanzani
09-Mar-2016 09:58 AM

Armadale raises funds for Mpokoto exploration

Armadale Capital has raised GBP210,000 through a placing of 7,000,000 new ordinary shares at 3p pence per share with existing investors. The proceeds will be used for the proposed exploration programme for the coming year at its Mpokoto gold project in
10-Sep-2015 09:01 AM

Armadale pre-tax losses narrow

Armadale Capital posts a pre-tax loss of £365,000 for the six months to the end of June - down from £442,000 a year ago. Revenue was nil - unchanged from last time. Chairman Peter Marks said: �€?We continue to make progress, both on the ground a
22-May-2015 07:46 AM

Armadale's loss

Armadale Capital posts a pre-tax loss of £1.1m for the year to the end of December - down from £3.1m last time. It said the loss related to expenses incurred developing the Mpokoto gold project, as was typical of an exploration. Armadale says it is ta
19-May-2015 09:20 AM

Armadale strengthens its board

Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has appointed Dr Andrew Tunks to the Board as a non-executive director with immediate effect. Armadale says that with proven experience in identifying and develo
31-Mar-2015 09:44 AM

Armadale reports positive review of Mpokoto

Armadale Capital has revealed a positive conclusion of a geological review undertaken by CSA Global Pty Ltd for the Mpokoto gold project in the Katanga province of the Democratic Republic of Congo. As part of a site visit to the project, CSA was asked to
 
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