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Today's high: 7.4500
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Mining Roundup

Kenmare Resources (LON:KMR) was the sectors biggest riser - up more than 27% in late trading - after it rejected an approach from Iluka Resources regarding a possible offer by it for the companys entire issued and to be issued share capital. The proposal received was based on a share for share exchange, with no cash component, with Kenmare shareholders receiving 0.036 new Iluka shares for each Kenmare share they own.

EMED unit awarded €8.8m grant

EMED Minings Spanish subsidiary, EMED Tartessus, has been awarded an 8.8m grant by the government of Andaluca for the modernisation of the Rio Tinto copper project facilities. The grant is constituted with EU funds and administered by the Junta de Andaluca through the Agencia IDEA (Andalusian Innovation and Development Agency) and is aimed at supporting investment initiatives in Andaluca that show strong potential for innovation and job ...

Approval of 8.8m Euro Grant

RNS Number : 5685K EMED Mining Public Limited 26 June 2014 AIM: EMED TSX: EMD 26 June 2014 EMED Mining Public Limited (EMED Mining, EMED or the Company) Approval of 8.8m Grant to EMED Tartessus for the Rio Tinto Copper Project EMED, the Europe-based minerals development and exploration company,is pleased to advise that the Government of Andaluca, has announced the awarding of an 8.8 million grant to EMED Minings Spanish subsidiary, ...

EMED Mining resolutions passed at AGM

EMED Mining has confirmed that all the resolutions proposed at the annual general meeting today were passed. At 2:58pm: (LON:EMED) EMED Mining Public Ltd share price was +0.13p at 7.75p

Result of AGM

RNS Number : 3976J EMED Mining Public Limited 11 June 2014 AIM: EMED TSX: EMD 11 June 2014 Result of AGM EMED Mining Public Limited (the Company) is pleased to announce that its shareholders passed all of the resolutions proposed at of the Companys Annual General Meeting held at 12:00 pm (BST) today at the offices of Field Fisher Waterhouse LLP, 9th Floor, Riverbank House, 2 Swan Lane, London EC4R 3TT, United Kingdom. At the AGM, all ...

EMED seeks to raise additional funds

EMED Mining is in advanced negotiations with four major international financial institutions for a senior facility of 200m and is in discussions with two of its strategic partners, Orion and XGC, for loan facilities of 50m. Ronnie Beevor, non-executive chairman, said: With the focus on developing the Rio Tinto copper project, we have reduced our expenditure and time commitment on the Detva gold project in Slovakia and on copper exploration in ...