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Last 9.50 GBp
Change Today 0.00 / 0.00%
Volume 0.0
As of 11:30 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

intl mining & infrastructure (IMIC) Snapshot

9.50 GBp
Previous Close
9.50 GBp
Day High
9.50 GBp
Day Low
9.50 GBp
52 Week High
09/1/14 - 25.50 GBp
52 Week Low
08/27/15 - 9.50 GBp
Market Cap
Average Volume 10 Days
-0.26 GBp
Shares Outstanding
Dividend Yield

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intl mining & infrastructure (IMIC) Details

International Mining & Infrastructure Corporation plc, together with its subsidiaries, invests in the mining sector. The company engages in acquisition, exploration, and development of iron ore properties in Cameroon. It provides infrastructure solutions for railways, seaports, and power and iron ore beneficiation that develop iron ore projects. The company has strategic partnership with African Iron Ore Group Limited. It operates in the United Kingdom, Canada, and West and Central Africa. The company was formerly known as India Star Energy Plc and changed its name to International Mining & Infrastructure Corporation plc in September 2010. International Mining & Infrastructure Corporation plc was incorporated in 2004 and is headquartered in London, the United Kingdom.

66 Employees
Last Reported Date: 01/1/15
Founded in 2004

intl mining & infrastructure (IMIC) Top Compensated Officers

Chief Financial Officer and Executive Directo...
Total Annual Compensation: $683.3K
Company Secretary
Total Annual Compensation: $387.1K
Compensation as of Fiscal Year 2014.

intl mining & infrastructure (IMIC) Key Developments

International Mining & Infrastructure Corporation plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2014

International Mining & Infrastructure Corporation plc announced unaudited consolidated earnings results for the six months ended December 31, 2014. For the six months, the company reported operating loss of $3,224,071 against $10,386,588 a year ago. Loss before taxation was $16,935,734 against $6,586,379 a year ago. Loss for the period attributable to shareholders of the company was $16,935,734 or $0.10 basic and diluted per share against $6,586,379 or $0.10 basic and diluted per share a year ago. Net cash outflow from operating activities was $3,384,699 against $9,071,745 a year ago. Purchase of property, plant and equipment was $19,821 against $7,399 a year ago. Net debt as on December 31, 2014 was $130,608,325 against $107,776,844 a year ago.

International Mining Seeks Acquisitions

International Mining & Infrastructure Corporation plc (AIM:IMIC) intends to look for acquisitions. The development of IMIC's assets in Cameroon is intended to be reinforced by additional acquisitions of projects or companies with assets located within other areas of the iron ore rich West and Central African region as we seek to create an important asset-ownership position in the African iron ore mining sector.

International Mining & Infrastructure Corporation plc to Appoint Colin Mukete to its Advisory Board

International Mining & Infrastructure Corporation plc announced that Mr. Colin Mukete will be appointed to the Advisory Board of IMIC. Mr. Mukete is a Cameroonian businessman with broad business interests in telecommunications, TV broadcasting, agri-business, property development, construction and asset management. He is the chairman of the board of directors of MTN Cameroon. The company announced that a Cameroonian investor, Caisse Capital Limited, controlled by Mr. Colin Mukete, has invested USD 5.0 million in the company via a convertible bond.


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