(FML) Frontier Mining
Summary
Frontier is a development stage gold and copper mining company operating in Kazakhstan. Through its subsidiaries and affiliates, Frontier locates, evaluates, acquires, explores and develops mineral propertiesVisit the Frontier Mining website
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| Wed 07:30 | RNS |
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RNS Number : 5501W Frontier Mining Ltd 01 February 2012 1st February 2012
Frontier Mining Ltd
Notification of re-organisation of Joint Broker
Following the completion of the acquisition by Westhouse Holdings plc of Arbuthnot Securities Limited on 20 January 2012, the business of Westhouse Securities Limited has been transferred to Arbuthnot Securities Limited. Simultaneously Arbuthnot Securities Limited is changing its name to Westhouse Securities Limited.
For further details please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 31-01-12 | RNS |
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RNS Number : 4294W Frontier Mining Ltd 31 January 2012
31 January 2012 Frontier Mining Ltd ("Frontier" or the "Company")
Benkala Construction Update
Frontier Mining Ltd (AIM: FML), the AIM quoted copper exploration and development company focused on Kazakhstan, is pleased to announcethat further to its announcement on December 19 2011, the Company has now received all construction approval and permits from the Benkala plant commissioning group.
The Benkala plant commissioning group was formed in December 2011 and consists of the various local and central inspection and licensing authorities. Following the completion of the construction approval, the Company will now begin the process of commissioning and licensing all onsite technological equipment. The Company will notify the market on its progress in due course.
Erlan Sagadiev, CEO of Frontier Mining, commented: "We are pleased to have received the construction approval and permitting from the commissioning group. This represents for Frontier the completion of another key milestone in the Benkala project timeline. Progress at the site continues at pace as we enter the next stage of commissioning prior to the commencement of production."
For further details please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 23-01-12 | RNS |
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RNS Number : 9669V Frontier Mining Ltd 23 January 2012
23 January 2012 Frontier Mining Ltd ("Frontier" or the "Company")
Frontier Completes Acquisition of South Benkala
Frontier Mining Ltd (AIM: FML), the AIM quoted copper exploration and development company focused on Kazakhstan, is pleased to announce it has completed the acquisition of South Benkala, previously announced on 9 May 2011.
KazCopper LLP, Frontier's wholly owned subsidiary through which it holds the Benkala license, has received final approval from both the Ministry of Industry and Trade of Kazakhstan and the Inter-Ministerial Committees, enabling the Company to complete the purchase and transfer of the Subsurface Use Contract for the South Benkala mineral deposit from PromSnab2030 LLP to KazCopper LLP. Now that the amendments to the Subsurface Use Contract have been approved and the consideration of $2.5 million paid, the purchase is now complete.
The South Benkala Copper Project is located approximately 10 kilometres south of Frontier's existing Benkala license area. The Company will incorporate the South Benkala Copper reserve into its current Benkala project development to either extend the life of the SX-EW plant, currently under construction at Benkala, from seven to 11 years, or to use South Benkala oxide resources to expand production capacity at the Benkala SX/EW plant from 20,000 to 30,000 tonnes of cathode copper per year.
KazCopper LLP has already commenced its infill drilling program with two drills having been mobilised to the site to further define the oxide resource of the deposit.
As previously disclosed to the market, a GKZ resource estimation was developed by Soviet geologists in 1979 using drilling data from a 1978-79 drilling campaign which showed:
Deposit reserves (Cu cutoff 0.25%) as estimated in 1979 to 658m depth (author I.V.Gachkevich)
For further details please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
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| 18-01-12 | RNS |
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RNS Number : 7343V Frontier Mining Ltd 18 January 2012
18 January 2012 Frontier Mining Ltd ("Frontier" or the "Company")
Frontier share trading
Frontier Mining Ltd (AIM: FML), the AIM quoted copper exploration and development company focused on Kazakhstan, wishes to update the market on the trading volume of its shares over the last few months of 2011.
The Company has been advised by two of its significant shareholders, BMF International Ltd ("BMF") and Teratorn International Ltd ("Teratorn"), that last year they entered into a number of three year hypothecation loan agreements whereby their shares in Frontier were transferred to the lenders as collateral for the loans. The shares involved are approximately 77 million for BMF International Limited (representing approximately 4.1% of the issued share capital of the Company) and 98 million for Teratorn International Limited (representing approximately 5.3% of the issued share capital of the Company). Under the terms of the loan agreements, the lenders may trade the pledged shares in the market. However, as long as BMF and Teratorn adhere to the terms and conditions of the conditions of the loans, the lenders are obliged to return the full amount of the shares to BMF and Teratorn on the redemption of the loans at the end of the loan period.
The Company has undertaken an analysis of the share register and considers that, in the period from March to December 2011, the loan counterparties have sold over 160 million of the pledged shares in Frontier into the market. Frontier was at no time notified by the lenders of the share sales into the market.
The Company confirms that the other substantial shareholders and directors holdings remain as per previously notified to the market.
For further details please contact:
This information is provided by RNS The company news service from the London Stock Exchange More |
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| Result Pages: 1 | ||||
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souvenir coins? 2P or not 2P?
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FML to actually produce some copper?.......maybe.....sometime....maybe....
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| Tue 19:22 |
Buy
Frontier Mining
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NEW THREAD? I wonder what copper price will be prevailing at the time of FML's first batch? A strip of that could be made into souvenir coins, available to investors upon application.
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777 - What, not another lap of the track? Nowhere have I ever stated that FML shareholders are doomed,
but still there exists this twisted logic that I'm promoting an anti-FML agenda. For personal reasons expressed, I chose to lock in profit after the recent RNS release and to remain out due to various factors I've also explained ad nauseam. I am risk-adverse in this market and prefer waiting for the right opportunity to re-enter. Almost everyone else here has a different outlook from me, which is normal as a forum is just another name for fan club. This doesn't bother me, so why should you allow it to disturb you? Unfortunately, disturb it does, with people not shy in expressing their wish to be rid of anyone who might cast doubt on the astuteness of their investment decisions. I don't derive any special pleasure from being rude, but I've long tired of grown up adults who act like children who've had their toys taken from them. And then there are these many conspiracy theories! Rest assured, should FML suddenly perform or a green light flashes, my pedal will be to the metal. |
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They have not been approved or issued by Interactive Investor Trading Limited.
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