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Investor Update: AfriTin Mining produces first concentrate from Uis mine

Headlines from the Proactive UK newsroom.

AfriTin Mining (LON:ATM) has produced is first tin concentrate from the Uis mine in Namibia. The miner has also signed an offtake deal with a Thai group. 

BlueRock Diamonds (LON:BRD) has sold a fifth diamond this year for more than US$50,000.  The 7.63 carat diamond fetched US$52,000. 

Ixico’s (LON:IXI) next results will be materially ahead of current market expectations. The brain data specialist said revenue growth continued to be strong in the second half.

Motif Bio (LON:MTFB) is to instigate a study of its Iclaprim antibiotic as a treatment against Listeria. The study will be funded by the US infectious diseases agency and follows on from encouraging pre-clinical work.

House sales sparked into life in August, with the number of agreed deals rising by 6.1% compared to a year ago. It’s reportedly the highest August number for four years.

FTSE 100 chief exec pay is on the decline according to Deloitte. Average annual earnings dropped to £3.4mln last year from £4mln.

Quick facts: AfriTin Mining Ltd

Price: 2.58899 GBX

AIM:ATM
Market: AIM
Market Cap: £16.91 m
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AfriTin's Uis tin mine in Namibia 'back on track and ramping up again'

Mining Capital's Alastair Ford says mining operations at AfriTin Mining Ltd's (LON:ATM) Uis tin mine have now returned to full scale following the easing of coronavirus (COVID-19) lockdown measures in Namibia. He says the lockdown has resulted in delays to planned throughput increases and...

2 weeks, 3 days ago

2 min read