News Results for Serabi Mining (SRB)
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13 Nov
09:11Serabi Gold reports improved Q3 results on strong gold price despite production lowerBrazil-focused miner Serabi Gold has reported third quarter and year-to-date results were boosted by the higher gold price and currency weakness, while lower production was as a result of the...
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19 Oct
09:32Serabi Gold acquires Sao Domingos exploration license in BrazilMining company Serabi Gold said it had acquired the Sao Domingos exploration license in Brazil, located to the west of the Sao Chico deposit there. The asset was acquired from Brazil Americas...
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02 Sep
08:00Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and raised its price target to 155p (from 150p). Story provided by StockMarketWire.com Broker Forecasts data...
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25 Aug
07:16Serabi Gold acquires additional exploration acreage in BrazilBrazil-focused gold miner Serabi Gold said it had acquired an additional tenement adjacent and to the northwest of its existing Sao Chico exploration interests. The tenement, totaling 946.54...
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14 Aug
08:36FTSE opens lower as restrictions on French travelers hit airlinesUK stocks opened lower on Friday, led down by airlines, after Britain slapped travel restriction on France, the Netherlands and Malta amid rising Covid-19 infections. At 0824, the benchmark FTSE...
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14 Aug
07:40Serabi Gold profit rises on lower costs; higher gold pricesBrazil-focused miner Serabi Gold booked a higher first-half profit after lower costs and higher gold price helped offset a fall in production owing to the Covid-19 pandemic. Net profit for the six...
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04 Aug
09:23Serabi Gold secures extension on loan draw down periodBrazilian focused gold miner Serabi Gold said it had agreed with Greenstone Resources to extend by six months the period during which it can draw down on a $12m convertible loan facility. The loan...
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18 Jun
08:50Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and raised its price target to 150p (from 140p). Story provided by StockMarketWire.com Broker Forecasts data...
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16 Jun
14:13Serabi Gold output slips after staff levels reduced due to Covid-19Brazil-focused miner Serabi Gold said production had slipped in the second quarter after staffing levels were reduced to improve social distancing. Gold output for the three months to June was...
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26 May
08:00Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and raised its price target to 140p (from 135p). Story provided by StockMarketWire.com Broker Forecasts data...
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15 May
07:56Serabi Gold profit falls following Brazil mill outageBrazil focused gold miner Serabi Gold said its first-quarter profits fell, partly owing to a mill outage. Net profit for the three months through March declined to $0.77m, down from $1.55m...
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11 May
14:43Serabi Gold hails 'promising' drilling results at Sao Chico project in BrazilGold miner Serabi Gold said it had recorded further promsing drilling results at the Sao Chico project in Brazil. Results for a further eight surface holes and 10 underground holes included...
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30 Apr
08:00Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and cut its price target to 135p (from 155p). Story provided by StockMarketWire.com Broker Forecasts data...
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14 Apr
09:48Serabi Gold says gold price, FX rate 'hugely' in its favor, as production slipsBrazil-focused miner Serabi Gold reported a fall in first-quarter production owing to a mill breaking down at its Palito asset, but said a rising gold price was working 'hugely' in its favour....
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03 Mar
09:06Serabi Gold reports 'very encouraging' drill results at Sao Chico in BrazilSerabi Gold reported 'very encouraging' drilling results at the Sao Chico orebody at its Palito complex in Brazil. Highlights included intersecting 1.72 metres at 25 grams per tonne of gold....
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02 Mar
08:50Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and raised its price target to 155p (from 140p). Story provided by StockMarketWire.com Broker Forecasts data...
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10 Feb
09:42Serabi Gold says public hearing for Brazil project proceeded as expectedSerabi Gold said a public hearing for its Coringa project in Brazil had taken place last week. The meeting was attended by about 600 people, including representatives from key government...
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27 Jan
08:20Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and cut its price target to 140p (from 157p). Story provided by StockMarketWire.com Broker Forecasts data...
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14 Jan
08:20Serabi Gold output rises 7%; sees further improvement in 2020Brazil-focused Serabi Gold said its annual production rose 7% and forecast a further improvement this year. Gold output for the year through December increased to 40,101 ounces, up from 37,108...
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03 Jan
08:20Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and cut its price target to 157p (from 180p). Story provided by StockMarketWire.com Broker Forecasts data...
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23 Dec
09:53Serabi Gold to raise capital to cover outstanding acquisition paymentBrazil-focused Serabi Gold said it planned to raise capital in the first quarter of 2020, in part to settle a deferred payment related to its acquisition of of Chapleau. Serabi Gold completed the...
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12 Nov
08:00Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and raised its price target to 180p (from 175p). Story provided by StockMarketWire.com Broker Forecasts data...
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11 Nov
07:45Serabi Gold swings to first-quarter profit as revenue almost doublesBrazilian-focused gold miner Serabi Gold swung to a third-quarter profit after almost almost doubling its revenue. Pre-tax profit for the three months through September amounted to $1.13m,...
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15 Oct
08:40Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and raised its price target to 175p (from 160p). Story provided by StockMarketWire.com Broker Forecasts data...
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14 Oct
07:55Serabi Gold production rises in third quarterBrazil-focused Serabi Gold posted a rise in third-quarter gold production and said it was on track to significantly improve it annual output rate. Output for the three months through September...
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06 Sep
08:55Serabi Gold estimates Coringa project in Brazil will cost $24.7m to developBrazil-focused Serabi Gold said a preliminary economic assessment indicated that its Coringa project in Para state would cost $24.7m to develop. Sustaining capital expenditure would then amount to...
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14 Aug
08:14Serabi Gold swings to profit on higher output in BrazilBrazil-focused Serabi Gold said it swung to profit in the first half after it boosted gold output. Net profit for the six months through June amounted to $1.72m, compared to losses of $0.48m...
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05 Aug
14:09Serabi Gold consultants request more time to complete Brazil mine viability studySerabi Gold said independent consultants Global Resource Engineering had requested more time to complete work assessing the economic case for the company's Coringa gold project in Brazil. The...
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10 Jul
09:40Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and cut its price target to 130p (from 140p). Story provided by StockMarketWire.com Broker Forecasts data...
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20 Jun
09:04FTSE on the front foot amid Fed focusThe FTSE 100 was up 0.2% to 7,418.83 in early trading on Thursday after the US Federal Reserve kept rates on hold and investors guessing about its next move. The Bank of England is set to announce...
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20 Jun
08:59Serabi announces final drilling results from CoringaSerabi Gold, the Brazilian focused gold mining and development company, is pleased to announce some additional drilling results from the conclusion of the surface drilling programme that was...
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15 Apr
10:20Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and raised its price target to 140p (from 135p). Story provided by StockMarketWire.com Broker Forecasts data...
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15 Apr
07:45Serabi Gold production rises 11% in first quarter; keeps annual guidanceBrazilian focused miner Serabi Gold posted an 11% rise an first-quarter gold production and maintained its annual output guidance. Production for the three months through March rose to 10,164...
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04 Mar
08:32Serabi Gold ups resource estimate by 37% at Coringa project in BrazilSerabi Gold said it had increased the mineral resource estimate for its Coringa gold project in Brazil by 37%. The company said it had recorded an indicated resource for Coringa of 216,000 ounces...
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13 Feb
07:47Serabi Gold affirms annual output guidance despite mine fatalityBrazil-focused Serabi Gold said it had made a good start to 2019, putting it on track to meet its annual output guidance. Production in the month of January amounted to 3,671 ounces, in line with...
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12 Feb
09:17Serabi Gold employee killed in accident at Palito mine in BrazilSerabi Gold said a company employee had died on Tuesday from a mining-related accident at its Palito gold mine in Brazil. The employee died after sustaining a crush-related injury, the company...
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18 Jan
09:20Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and raised its price target to 140p (from 135p). Story provided by StockMarketWire.com Broker Forecasts data...
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20 Nov
12:40Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and cut its price target to 135p (from 160p). Story provided by StockMarketWire.com Broker Forecasts data...
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20 Nov
09:57Serabi airborne survey in Brazil identifies potential gold-bearing anomaliesBrazil-focused miner Serabi Gold said a recent airborne geophysical survey covering the southern portion of its the Jardim Do Ouro tenement indicated sulphide bodies that could be gold-bearing....
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14 Nov
14:41Serabi Gold reports third-quarter loss; warns of lower annual outputBrazil-focused miner Serabi Gold booked a third-quarter loss and warned its annual production would fall. Net losses for the three months through September amounted to $2.2m, compared to a profit...
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30 Oct
14:59Serabi Gold sees annual output fallingSerabi Gold reported a 16% fall in third-quarter gold production from its Palito project in northern Brazil and warned annual output would decline. Output for the three months through September...
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31 Aug
09:41Serabi Gold encounters high-grade deposits in BrazilSerabi Gold said it had encountered multiple high-grade gold intersections during an exploration campaign at its Tapajos prospect in Brazil. Highlights included intersecting 2.0 metres at 29.82...
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21 Jun
10:10Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and cut its price target to 7.50p (from 8p). Story provided by StockMarketWire.com Broker Forecasts data...
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20 Jun
13:18Serabi Gold reports fatality at Sao Chico mine in BrazilSerabi Gold said a fatality had occurred on the weekend at its Sao Chico mine in Brazil. The accident involved the operation of one of the mine's underground loading machines, the company said....
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16 May
08:20Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today upgrades its investment rating on Serabi Mining PLC (LON:SRB) to buy (from under review) and set its price target at 8p. Story provided by StockMarketWire.com Broker Forecasts...
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13 Apr
08:24Serabi Gold says Greenstone Resources acquires 30% stake in companyDual-listed Serabi Gold said that private equity group Greenstone Resources had completed its acquisition of a 30% interest in the company for $15.0m. At 8:24am: (LON:SRB) Serabi Mining PLC share...
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26 Jan
08:18Serabi Gold files technical report for Brazil prospectBrazilian-focused miner Serabi Gold said it had filed a technical report for its Palito mining complex. Studies had shown the prospect contained an estimated proven and probable mineral reserve...
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14 Nov
09:49Serabi Gold acquires Chapleau for up to $22mSerabi Gold has agreed to acquire Chapleau Resources, which owns the Coringa gold project in Brazil, for up to $22m. Serabi said it would make an initial payment to current owner Anfield on...
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23 Oct
07:59Serabi Gold says output bounces backSerabi Gold reported third-quarter production of 9,657 ounces of gold at its Palito/Sao Chico mine in Northern Brazil. "Following an excellent first quarter and a moderate second quarter, it is...
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14 Aug
08:59Serabi Gold swings to loss after production shortfallsBrazilian focused gold mining and development company Serabi Gold swung to a loss before tax of $827,667 in the first half from a profit of $1.56 million the year before. It made a loss per share...
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14 Aug
07:36FLASH: Serabi Gold swings to pre-tax lossStory provided by StockMarketWire.com
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15 May
09:47Serabi Gold swings to Q1 pretax lossSerabi Gold has swung to a Q1 pretax loss of $33,941, from a year-ago profit of $1.5m. Its revenue for the three months to March 31 was $13.2m, up from $11.7m. "I am pleased that 2017 has started...
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15 May
07:11FLASH: Serabi Gold swings to Q1 pretax lossStory provided by StockMarketWire.com
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12 Apr
08:56FTSE moderately ahead prior to UK earnings dataLondon shares are trading moderately higher so far, with sterling mildly ahead, gold a little firmer and oil up. The market is looking to UK earnings growth data due to be issued mid-morning. A...
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12 Apr
07:38Serabi Gold produces almost 10,000oz in Q1Serabi Gold has reported Q1 production of 9861 oz of gold, which was both on budget and in line with production guidance. It said mine production totalled 36,918 tonnes at 10.12 grammes a tonne...
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12 Apr
07:06FLASH: Serabi Gold produces almost 10,000oz in Q1Story provided by StockMarketWire.com
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30 Mar
07:53Serabi Gold more than trebles FY pretax profitSerabi Gold has more than trebled its FY pretax profit to $1.9m, from $476,294, after an "excellent" year for the company and despite the impact of a 20% strengthening of Brazil's real. CEO Mike...
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30 Mar
07:05FLASH: Serabi Gold more than trebles FY pretax profitStory provided by StockMarketWire.com
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23 Jan
07:51Serabi Gold reports record FY 2016 productionSerabi Gold reports record annual production of almost 40,000 ounces (oz) of gold, beating guidance, and has provided an operational update for Q4 2016 on its Palito and Sao Chico gold operations...
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23 Jan
07:12FLASH: Serabi Gold reports record FY 2016 productionStory provided by StockMarketWire.com
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14 Nov
07:05FLASH: Serabi Gold issues Q3 resultsStory provided by StockMarketWire.com
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17 Oct
16:12Mining RoundupBezant (LON:BZT) has completed the acquisition of 100% of Colombian Mining Data SA, formerly named Birkenhead Estates SA. CMD is a special purpose vehicle which holds, inter alia, certain...
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17 Oct
07:48Serabi Gold updates on ops at Palito and Sao ChicoSerabi Gold has provided an operational update for Q3 of 2016 on its wholly owned Palito and Sao Chico gold operations in the Tapajos region of Para State, Northern Brazil. HIGHLIGHTS: - Record...
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17 Oct
07:02FLASH: Serabi Gold updates on ops at Palito and Sao ChicoStory provided by StockMarketWire.com
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22 Sep
08:10Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and raised its price target to 7.60p (from 6p). Story provided by StockMarketWire.com
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19 Aug
16:11Mining RoundupAlba Mineral Resources (LON:ALBA) has issued 16,059,957 fully paid ordinary shares to both chief executive Michael Nott and chairman George Frangeskides in settlement of accrued fees of £30,000...
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19 Aug
13:23Fratelli files 'early warning report'Fratelli Investments has filed a 'early warning report' in connection with Serabi Gold. Fratelli Investments agreed to provide Serabi Gold an interim unsecured short term working capital...
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15 Aug
16:11Mining RoundupEdenville Energy (LON:EDL) was the sector's biggest riser after it said the Tanzanian Ministry of Energy and Minerals had announced a ban on coal imports into the country and the company's Rukwa...
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15 Aug
07:35Serabi notes loan-to-equity conversionSerabi Gold said major shareholder Fratelli Investments Ltd has exercised its right to convert its outstanding $2m convertible loan into ordinary shares of 0.5p each. Under the terms of the Loan...
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12 Aug
16:25Mining RoundupEdenville Energy (LON:EDL) has announced a proposed capital reorganisation of its share capital. The board believes that significant progress has been made over recent months on several areas of...
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12 Aug
07:16Serabi Gold hikes H1 profitSerabi Gold has hiked its H1 pretax profit to $1.56m, from a year-earlier profit of $76,897. Revenue totalled $25.9m, from $18.7m. It has amended its cost guidance to $950-$985 an ounce of gold....
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12 Aug
07:03FLASH: Serabi Gold hikes H1 pretax profitStory provided by StockMarketWire.com
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18 Jul
07:32Serabi Gold updates on Palito, Sao Chico operationsSerabi Gold, the Brazil-focused gold mining and development company, has provided a Q2 operational update for its wholly owned Palito and Sao Chico gold operations in the Tapajos region of Para...
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18 Jul
07:14FLASH: Serabi Gold updates on Palito, Sao Chico operationsStory provided by StockMarketWire.com
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13 Jul
16:08Mining RoundupEdenville Energy's (LON:EDL) shares were up in late trading after it issued an update on its Rukwa coal to power project, in south-west Tanzania. Edenville says work has started on the next stage...
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17 May
07:14FLASH: Serabi Gold updtes on award of share optionsStory provided by StockMarketWire.com
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13 May
15:57Mining RoundupSerabi Gold's (LON:SRB) shares were up in late trading after its March-quarter pre-tax profit profits rose to USD1.5m from USD0.2m. Revenue firmed to USD11.7m, from USD7.5m. Gold output was 9771...
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13 May
12:06FTSE falls as traders ditch insurers, housebuildersLondon shares fell as nervy traders punished insurers and house builders after Bank of England's 'Super Thursday,' which saw it cut GDP growth forecasts and warn on the impact of UK voting to exit...
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13 May
09:04FTSE tests two-month lows as insurers plungeStocks in London sortied lower on opening as glum traders continued to sell after Bank of England's Super Thursday sent jitters pulsing through the market. Many have a weary eye on a raft of US...
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13 May
07:41Serabi ups quarterly profitSerabi Gold has hiked its March-quarter pretax profit to USD1.5m, from USD0.2m. Revenue firmed to USD11.7m, from USD7.5m. Gold output was 9771 oz, from 7759 oz. Average gold price received was...
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13 May
07:05FLASH: Serabi hikes March-quarter pretax profitStory provided by StockMarketWire.com
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20 Apr
15:43Mining RoundupHighland Gold Mining's (LON:HGM) shares were up in late trading after net losses fell to $10,019,000 in the year to the end of December - down from $24,843,000 in 2014. Total production at...
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20 Apr
09:32Serabi ups gold output at Palito and Sao ChicoSerabi Gold, the Brazil-focused gold mining and development company, has provided an operational update for Q1 on its wholly owned Palito and Sao Chico gold operations in the Tapajos region of Para...
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20 Apr
07:16FLASH: Serabi ups gold output at Palito and Sao ChicoStory provided by StockMarketWire.com
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15 Apr
09:40Broker Forecast - Peel Hunt issues a broker note on Serabi Mining PLCPeel Hunt today reaffirms its buy investment rating on Serabi Mining PLC (LON:SRB) and set its price target at 6p. Story provided by StockMarketWire.com
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30 Mar
09:13Serabi Gold swings to FY pretax profitSerabi Gold has swung to a FY pretax profit of USD0.48m, from a year-ago loss of USD0.17m. Revenue almost tripled to USD35.1m, from USD12.6m. For 2016, it forecast gold production of about 37,000...
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30 Mar
07:03FLASH: Serabi Gold swings to FY pretax profitStory provided by StockMarketWire.com
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01 Feb
15:57Mining RoundupKenmare Resources (LON:KMR) was the sector's biggest faller after reporting a fall in output in 2015. The company - which operates the Moma titanium minerals mine in northern Mozambique - said...
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01 Feb
11:10SRB updates on Q4 gold ops at Palito, Sao ChicoSerabi Gold, the Brazil-focused gold mining and development company, has provided a Q4 2015 operational update on its Palito and Sao Chico gold operations in the Tapajos region of Para State,...
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01 Feb
07:02FLASH: SRB updates on Q4 gold ops at Palito, Sao ChicoStory provided by StockMarketWire.com
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06 Jan
07:39SRB draws down part of USD5m convertible loan facilitySerabi Gold has made an initial draw down of USD2m of the interim unsecured short term working capital convertible loan facility of USD5m that has been provided by Fratelli Investments Ltd, the...
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06 Jan
07:06FLASH: SRB draws down part of USD5m convertible loan facilityStory provided by StockMarketWire.com
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31 Dec
08:51FTSE slips south on mixed bag after Wall St fallsFTSE indices tiptoed south in what is the last trading session of 2015, due to close at 12.30pm. Blue chips followed a palette of financials, commercial property and utilities down. Europe was...
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31 Dec
07:13Serabi Gold in USD5m convertible loan facilitySerabi Gold said major shareholder Fratelli Investments Ltd has agreed to provide an interim unsecured short term working capital convertible loan facility of USD5m. The loan would provide the...
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31 Dec
07:02FLASH: Serabi Gold in USD5m convertible loan facilityStory provided by StockMarketWire.com
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13 Nov
16:01Mining RoundupSavannah Resources (SAV) said diamond drilling is underway targeting extensions to high-grade copper zones identified around the Mahab 4 deposit on the Block 5 permit in Oman. Savannah owns a 65%...
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13 Nov
13:01Serabi Gold swings to Q3 pretax profitSerabi Gold (SRB) has reported a pretax profit for the 3 months to 30 September 2015 of US$ 114k, compared to a pretax loss of US$ 405k for the same period last year. Pretax profits for the 9...
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13 Nov
07:03FLASH: Serabi Gold swings to Q3 pretax profitStory provided by StockMarketWire.com
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29 Oct
07:02FLASH: Serabi gives Q3 update on gold ops. at Palito, Sao ChicoStory provided by StockMarketWire.com
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21 Oct
16:16Mining RoundupVedanta Resources' (LON:VED) shares fell after its Cairn India subsidiary saw second quarter revenues drop to INR2,242crore - 44% down on last year and 15% below the previous three months due to...