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Last €0.08 EUR
Change Today -0.001 / -1.32%
Volume 0.0
As of 2:01 AM 10/2/15 All times are local (Market data is delayed by at least 15 minutes).

rambler metals and mining pl (51R) Snapshot

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52 Week High
11/11/14 - €0.32
52 Week Low
10/2/15 - €0.06
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rambler metals and mining pl (51R) Details

Rambler Metals and Mining PLC explores for, develops, and mines mineral properties in Canada. It primarily holds a 100% interest in the Ming copper-gold mine located in on the Baie Verte Peninsula of Newfoundland and Labrador, Canada. The company also has interests in other properties located in Atlantic Canada. Rambler Metals and Mining PLC was incorporated in 2004 and is based in Sutton, the United Kingdom.

157 Employees
Last Reported Date: 10/28/14
Founded in 2004

rambler metals and mining pl (51R) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$256.4K
Interim Chief Financial Officer
Total Annual Compensation: --
Corporate Secretary
Total Annual Compensation: C$185.0K
Vice President of Technical Services
Total Annual Compensation: C$150.0K
Compensation as of Fiscal Year 2014.

rambler metals and mining pl (51R) Key Developments

Rambler Metals and Mining plc Releases the Results of Completed Pre-Feasibility Engineering Study and Economic Assessment for the Ming Copper-Gold Mine in Newfoundland, Canada

Rambler Metals and Mining plc recently released the results of a completed pre-feasibility engineering study and economic assessment (PFS) aimed to integrate the Lower Footwall Zone (LFZ) mineral resource into the life of mine plan for the Ming Copper-Gold Mine in Newfoundland, Canada. The results show positive economics, a strong internal rate of return and significant cash flow under reasonable commodity price assumptions. The PFS highlights included project after-tax net present value of CAD 62.1 million with an internal rate of return of 45%, based on trending copper and gold prices including a long-term copper price of USD 2.79 per pound. The pre-tax net present value is CAD 70.2 million with an IRR of 46%. Rambler has initiated discussions with various debt type financing partners targeting up to USD 25 million to initiate the expansion's construction and provide additional capital should Rambler choose to be more aggressive with construction or underground development. Rambler has a 500 tpd gold hydromet facility that is not being utilized in the PFS plan. This facility could be used if Rambler was to expand its gold resources.

Rambler Metals & Mining plc Announces Production Results for the Year Ended July 31, 2015; Provides Production Guidance for the Year 2015

Rambler Metals & Mining PLC announced production results for the year ended July 31, 2015. For the period, the company reported production of 4,733 tonnes of copper metal; 5,335 ounces of gold; 39,706 ounces of silver. Dry tonnes milled were 215,535 tonnes. Dry tonnes produced were 17,309 tonnes. For the year 2015, the company expects dry tonnes milled of 215,000 to 230,000, Dry tonnes produced of 20,000 to 24,000, copper metal of 5,400 tonnes to 6,700 tonnes, gold of 5,600 ounces to 6,600 ounces and silver expected to be in the range of 39,000 ounces to 46,000 ounces.

Rambler Metals and Mining plc Announces 11th Shipment of High Grade Copper Concentrate

Rambler Metals and Mining plc announced that it has delivered approximately 5,250 wet metric tonnes ('wmt') of copper and gold concentrate from its facility in Goodyear's Cove, NL, Canada. The company's internal sampling estimates an average grade for the shipment of 27% copper, 12 grammes per tonne gold and 87 grammes per tonne silver. By concentrate standards this is a high quality product with little in the way of deleterious materials. This is the eleventh shipment completed to date since declaring commercial production, bringing the total concentrate delivered to approximately 70,000 wmt.


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