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- 02 March 2010
- CONSOLIDATED UNAUDITED INTERIM RESULTS FOR THE PERIOD ENDED 31 DECEMBER 2009
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- 01 March 2010
- MAIDEN SAMREC MINERAL RESOURCE ESTIMATE FOR THE DILALA EAST RESOURCE IN THE DRC: 563,000 TONNES OF COPPER AND 170,000 TONNES OF COBALT
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- 11 February 2010
- Trading statement
Shareholders are advised that management’s expectation for the Company’s earnings for the six months ended 31 December 2009 (“2009”) compared with the six months ended 31 December 2008 (“2008”), are set out below:
• Basic earnings are expected to be between 60 cents per share (“cps”) and 70 cps (2008: 42 cps).
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- 29 January 2010
- DETAILS OF A US 100 MILLION CAPITAL RAISING AND A US$100 MILLION REVISED RUASHI MINING SPRL (“RUASHI” OR “RUASHI PROJECT”) DEBT PACKAGE, INCLUDING DECLARATION DATA OF A RENOUNCEABLE CLAW BACK OFFER (“CLAW BACK OFFER”) AND FURTHER CAUTIONARY ANNOUNCEMENT
CEO Terence Goodlace said "This capital raising will significantly strengthen the Metorex balance sheet and sets the scene for new project development and value creation. We are pleased to have secured upfront subscription commitments and undertakings in excess of 80% of our capital raising target amount."
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- 15 January 2010
- Ruashi Quarterly Operational update
Metorex, a focused base metals mining group, listed on the JSE Limited, wishes to inform shareholders and update the market on Ruashi Mining SPRL’s performance during December 2009.
Chief Executive Officer Terence Goodlace said; "The Ruashi mine produced 2,515 tons of copper and 280 tons of cobalt for the month of December 2009 despite seasonal heavy rainfalls. The quarterly production profile continued its positive trend, with quarterly copper production increasing by 32.13 per cent to 7,518 tons and cobalt by 21.92 per cent to 812 tons.”
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