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03-Mar-2021 01:14 PM

Redcorp increases M&I resources by 44%

Redcorp Empreedimentos Mineiros Lda, Mineral and Financial Investments' 75% owned investee company, has received an updated Mineral Resource Estimate, funded by Ascendant for the copper rich South Zone at its Lagoa Salgada project located on the Iber
26-Nov-2019 02:39 PM

Mineral & Financial Investments profit rises as portfolio valuation jumps

Resources investment company Mineral & Financial Investments posted a rise in annual profit, owing to a gain in the fair value of its investments. Pre-tax profit for the year through June rose to £2.54m, up from a profit of £0.06m on-year. T
21-Dec-2017 01:24 PM

Mineral & Financial Investments issues shares

Mineral & Financial Investments has confirmed that the Company issued 295,000 new shares, of which 185,000 shares were issued at 7.89p and 110,000 shares at 7.5p, following the exercise of options by a previous director of the Company. At 1:24pm: (LON
29-Jun-2017 09:37 AM

Mining & Financial swings to FY pretax profit

Mineral & Financial Investments has posted a pretax profit of £111,000 for the FY, from a loss of £496,000. At 9:37am: (LON:MAFL) Mineral Financial Investments Ltd share price was -1.38p at 11.88p Story provided by
24-May-2017 09:44 AM

MAFL encouraged by drill results at Lagoa Salgada

Mineral & Financial Investments says it continues to be encouraged by the results 49%-owned TH Crestgate is delivering from the Lagoa Salgada project. "This latest (third) hole indicates that we are dealing with a very large mineralized system, giv
10-Apr-2017 07:26 AM

Mineral & Financial Invest updates on Crestgate drilling

Mineral & Financial Investments said TH Crestgate has released the assay results from the first hole of its four hole drilling campaign on its 85%-owned Lagoa Salgada zinc-copper project in southern Portugal. The hole announced today, LS ST-01, was a ve
08-Jul-2015 03:14 PM

Mineral & Financial loan note conversion

Mineral & Financial Investments has issued 312,500 ordinary shares following the conversion of £25,000 of the 2010 convertible unsecured loan notes. At 3:14pm: (LON:MAFL) Mineral Financial Investments Limited Ord 1p share price was -0.25p at 7.13p
05-Jun-2015 07:33 AM

MAFL swings to FY pretax profit

Mineral & Financial Investment Ltd has swung to a FY pretax profit of £0.3m, from a loss of £0.7m. Investment income was £2000, from £3000. A £0.99m benefit from a net change in fair value of investments more than offset a £0.5m loss on disposal of
03-Sep-2014 07:56 AM

Board change at Mineral & Financial

Mineral & Financial Investments (MAFL) has announced that Laurence Read has become a non-executive director. Mr Read has moved from his role as an executive director at MAFL. Story provided by
23-Jun-2014 08:58 AM

Mineral & Financial narrows FY pretax loss

Mineral & Financial booked a FY pretax loss of £0.66m, from a loss of £2.3m. Most of the losses were linked to net losses on the disposal of investments, the prior year more heavily hit than the just-finished period. At 8:58am: (LON:MAFL) Mineral
02-Jan-2014 03:48 PM

Mineral & Financial unveils board change

Mineral & Financial Investment has appointed Laurence Read as an executive director. Read has previously been a non-executive director of the board with all positions previously announced. At 3:48pm: (LON:MAFL) share price was 0p at 4.25p Story prov
28-Oct-2013 03:41 PM

Mineral & Financial chairman to step down

Mineral & Financial executive chairman Jennifer Alsop will step down from 31 October and will be succeeded by Jacques Vaillancourt who is currently an executive director. Chief investment officer Alastair Ford said: "The board would like to thank Je
03-Jul-2013 01:05 PM

Mineral & Financial talks with Silvermere continue

Mineral & Financial has confirmed that talks to try to resolve Silvermere Energy's financial difficulties are continuing. Mineral & Financial said the £330,000 loan note it holds in Silvermere Energy became due for repayment at the end of June and
09-May-2013 03:00 PM

Mineral & Financial talks with Silvermere continue

Mineral & Financial Investment s has confirmed that talks to resolve Silvermere Energy's financial difficulties remain ongoing. Mineral & Financial noted that trading in Silvermere Energy's shares has been suspended pending clarification of its
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