Company News: Beacon Hill Resources
Updated: 23 Aug 2010
Beacon Hill Resources Plc is an AIM listed resource company focussed on building and developing a portfolio of resource assets with near term production potential in commodities associated with the steel industry.
Beacon Hill currently has two primary interests; a significant magnesite asset in north-west Tasmania, which has a current defined resource of 39Mt, and exposure to the only producing coal mine in the globally significant coking coal region of Tete, Mozambique.
The Company has a defined development programme in place to advance its magnesite and coal projects towards production in the near term and the Board is actively seeking to acquire or invest in additional projects to add value to its portfolio and benefit shareholders.
Beacon Hill currently has two primary interests; a significant magnesite asset in north-west Tasmania, which has a current defined resource of 39Mt, and exposure to the only producing coal mine in the globally significant coking coal region of Tete, Mozambique.
The Company has a defined development programme in place to advance its magnesite and coal projects towards production in the near term and the Board is actively seeking to acquire or invest in additional projects to add value to its portfolio and benefit shareholders.
Business Category Exploration; Mining
Regions of Operation Central and East Africa; Southern Africa
Exchange Ticker BHR
Financial Information
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Exchanges listed on LON
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Most Recent Company News
- Beacon Hill’s Vitol deal - 23 Mar 2012 11:58am
Mozambican coal producer Beacon Hill Resources plc has agreed that Vitol Coal SA will act as agent to market export coal from its Minas Moatize Mine Read more... - Study shows Moatize expansion viable - 02 Mar 2012 12:20pm
An independent feasibility study for an expansion of Beacon Hill Resources plc’s Minas Moatize coal operation in Mozambique has demonstrated technical and economic viability of a 2.2Mt/y mine Read more... - Beacon Hill appointments - 18 Nov 2011 1:17pm
Beacon Hill Resources plc has opened a corporate office in Maputo, Mozambique, and appointed additional senior management in the country Read more... - Mozambique: Rapid expansion - 28 Oct 2011 12:26pm
Coal and gold production are rapidly increasing as significant investment from foreign mining groups flows into Mozambique's mining sector. Read more... - Beacon snubs takeover offer - 02 Sep 2011 10:37am
Coking coal miner Beacon Hill Resources plc has rejected a takeover offer from an unnamed suitor worth about £120 million (US$195.2 million) Read more... - Beacon Hill negotiates rail - 12 Aug 2011 11:57am
AIM-listed Beacon Hill Resources plc said it was confident that progress is being made in securing an agreement to transport larger volumes of coal from the Mina Moatize mine in Mozambique Read more... - Beacon Hill considers off-take financing - 03 Jun 2011 10:59am
Beacon Hill Resources plc may consider funding its pending coal-property acquisition through an off-take financing deal with a trading house. Read more... - Beacon Hill raising - 21 Apr 2011 12:05pm
Beacon Hill Resources plc has raised US$20.3 million, strengthening its balance sheet for investment in rail and port for its Minas Moatize coal project in Mozambique Read more... - Beacon Hill to expand - 08 Apr 2011 11:51am
AIM-listed miner Beacon Hill Resources plc may buy a coal licence in the Moatize coal basin in northern Mozambique after signing a memorandum of understanding Read more... - Beacon Hill lifts Minas Moatize resource - 11 Mar 2011 11:21am
AIM-listed Beacon Hill Resources plc has upgraded its JORC-compliant coal resource at the 100%-owned Minas Moatize mine in Mozambique. Read more...
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