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Last 2.88 GBp
Change Today 0.00 / 0.00%
Volume 0.0
As of 2:59 AM 05/28/15 All times are local (Market data is delayed by at least 15 minutes).

west african minerals corpor (WAFM) Snapshot

Open
2.88 GBp
Previous Close
2.88 GBp
Day High
2.88 GBp
Day Low
2.88 GBp
52 Week High
08/4/14 - 8.25 GBp
52 Week Low
04/1/15 - 2.13 GBp
Market Cap
11.0M
Average Volume 10 Days
132.2K
EPS TTM
-0.0083 GBp
Shares Outstanding
381.2M
EX-Date
04/28/10
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WEST AFRICAN MINERALS CORPOR (WAFM)

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west african minerals corpor (WAFM) Details

West African Minerals Corporation acquires, explores, and develops iron ore projects in Africa. The company, through its subsidiary, Compagnie Minière du Cameroun SA, holds a 100% interest in 5 iron ore exploration licenses that cover an area of approximately 4,000 square kilometers in Cameroon, West Africa. It also holds a 75% interest in 5 iron ore exploration licenses covering a total area of approximately 687 square kilometers in Sierra Leone. The company was formerly known as Emerging Metals Limited and changed its name to West African Minerals Corporation in December 2011. West African Minerals Corporation was incorporated in 2007 and is headquartered in Douglas, the Isle of Man.

Founded in 2007

west african minerals corpor (WAFM) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

west african minerals corpor (WAFM) Key Developments

West African Minerals Corporation Announces its Maiden Mineral Resource Estimate at the Sanaga License Located About 60Km from the Commercial Seaport and Infrastructure at Douala

West African Minerals Corporation announced its maiden Mineral Resource Estimate (MRE) at the Sanaga license located about 60km from the commercial seaport and infrastructure at Douala and within 10km of the main railway between Yaoundé and Douala, in Cameroon. The MRE was prepared by independent consultants, The MSA Group ("MSA"), in accordance with The Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Definition Standards on Mineral Resources and Mineral Reserves (2010). Highlights includes: CIM (NI-43-101 compliant) Inferred Mineral Resource of 82.9 Mt @ 32.1% Fe at a 25% Fe cut-off grade to a depth of 150m below surface; Included in the MRE is a higher grade oxidised cap and near-surface enriched mineralisation of 15.8 Mt @ 37.3% Fe at a 25% cut-off grade; Mineralisation has been intersected along a strike length of approximately 3 km from the surface to a vertical depth of approximately 150m and remains open at depth; Positive metallurgical testwork reported on 21 October 2014 supports the potential production of a premium grade (69% Fe) concentrate at a favorable mass recovery of approximately 40%; A summary Environmental and Social Impact Assessment (ESIA) has been completed and submitted to the Government of Cameroon for review and approval. Of the 51 drill holes, 49 were drilled at inclined angles to intersect the mineralisation orthogonally, with 2 vertical holes drilled to test depth extension of the mineralisation.

West African Minerals Seeks Acquisitions

West African Minerals Corporation (AIM:WAFM) is looking for acquisition opportunities. "With this significant cash position the company is positioned to pursue further development of the Sanaga project when warranted by the market. We are also looking at other acquisition opportunities that could add significant near term value to WAFM," said Brad Mills, President of West African Minerals.

West African Minerals Corporation Presents at 121 Mining Investment Conference, Feb-09-2015

West African Minerals Corporation Presents at 121 Mining Investment Conference, Feb-09-2015. Venue: Cape Town, South Africa. Presentation Date & Speakers: Feb-09-2015, Bradford Alan Mills, Executive Chairman, Chief Executive Officer and President. Feb-10-2015, Anton Christopher Mauve, Managing Director and Director.

 

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Price/Sales -- Not Meaningful
Price/Book 0.4x
Price/Cash Flow NM Not Meaningful
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