Last 1.38 GBp
Change Today 0.00 / 0.00%
Volume 3.0K
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aurum mining plc (AUR) Snapshot

Open
1.38 GBp
Previous Close
1.38 GBp
Day High
1.38 GBp
Day Low
1.38 GBp
52 Week High
09/2/13 - 3.75 GBp
52 Week Low
04/22/14 - 1.13 GBp
Market Cap
1.9M
Average Volume 10 Days
10.4K
EPS TTM
-0.0030 GBp
Shares Outstanding
141.3M
EX-Date
12/2/10
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for AURUM MINING PLC (AUR)

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aurum mining plc (AUR) Details

Aurum Mining plc explores and evaluates gold and tungsten properties in North West Spain. It holds 60% interest in the Pino de Oro project in Zamora province; 54% interest in the Peralonso and Cabeza projects in Salamanca Province; and 20% interest in the Morille tungsten project that covers an area of approximately 5,796 hectares to the south west of Salamanca city. Aurum Mining plc is based in London, the United Kingdom.

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aurum mining plc (AUR) Key Developments

Aurum Mining plc Reports Audited Consolidated Earnings Results for the Year Ended March 31, 2014 and Parent Cash Flow Results for the Year Ended March 31, 2014

Aurum Mining plc reported audited consolidated earnings results for the year ended March 31, 2014 and parent cash flow results for the year ended March 31, 2014. For the year, on consolidated basis, operating loss was £479,000 compared to £624,000 a year ago. Loss for the year before taxation was £478,000 compared to £615,000 a year ago. Loss from continuing operations was £478,000 or 0.34 pence basic and diluted per share compared to £615,000 or 0.49 pence basic and diluted per share a year ago. Loss attributable to the equity shareholders of the parent company was £530,000 or 0.37 pence basic and diluted per share compared to £690,000 or 0.55 pence basic and diluted per share a year ago. Net cash flow used in operating activities was £449,000 compared to £699,000 a year ago. For the year, on parent company basis, the company reported net cash flow used in operating activities was £447,000 compared to £604,000 a year ago.

Aurum Mining plc Provides Update on the Morille Tungsten Project

Aurum Mining plc noted ASX announcement by Plymouth Minerals Limited concerning the Morille tungsten-tin project in North West Spain, in which the Company currently has a 20% carried interest following its farmout deal with Plymouth. The Company reported the following information which has been extracted without material adjustment from the Plymouth announcement. The first phase drilling programme at Morille has now been completed and all assay results have now been received. 61 Reverse Circulation (RC) holes were drilled as part of the programme, totalling 3,982m. Plymouth is highly encouraged by numerous significant near-surface scheelite intercepts and the programme has identified multiple follow-up targets for future exploration and resource definition drilling. Significant assay results from drilling programme include: 4m @ 1.29% WO3 from 61m and 4m @ 0.31% WO3 from 68m (MAC-RC 046); 2m @ 0.30% WO3 from 18m (MAC-RC-045); 7m @ 1.28% WO3 from 67m (WES-RC-040); 6.25m @ 0.29% WO3 from 26.75m (DDH M010); 1.45m @ 0.95% WO3 from 19.35m (DDH M001); 5m @ 0.24% WO3 (incl 2m @ 0.42% WO3) from 28m (MAC-RC-009). Shallow high-grade scheelite mineralisation has been proven in situ both outside of, and as extensions to, the historic operating mines on the Morille project area. Results validate that historic mining at Morille was constrained by landholders and not mineralisation/mine depletion. 6 of 16 historic mine areas within the 57km2 tenure were targeted in this first-phase.

Aurum Mining plc Announces Unaudited Consolidated Earnings Results for Six Months Ended Sept. 30, 2013

Aurum Mining plc announced unaudited consolidated earnings results for six months ended Sept. 30, 2013. For the period, the company reported operating loss of £263,000, loss before taxation of £259,000, loss attributable to equity shareholders of the parent company of £259,000 or 0.18 pence per basic and diluted share compared to the operating loss of £256,000, loss before taxation of £255,000, loss attributable to equity shareholders of the parent company of £255,000 or 0.22 pence per basic and diluted share for the same period a year ago. Net cash flows used in operating activities was £236,000 compared to the £253,000 for the same period year ago.

 

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