Last 16.50 GBp
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Volume 41.0
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china africa resources plc (CAF) Snapshot

Open
16.50 GBp
Previous Close
16.50 GBp
Day High
16.50 GBp
Day Low
16.50 GBp
52 Week High
03/7/13 - 35.75 GBp
52 Week Low
08/14/12 - 13.00 GBp
Market Cap
3.8M
Average Volume 10 Days
11.9K
EPS TTM
-0.01 GBp
Shares Outstanding
23.1M
EX-Date
--
P/E TM
--
Dividend
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Dividend Yield
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Current Stock Chart for CHINA AFRICA RESOURCES PLC (CAF)

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china africa resources plc (CAF) Details

China Africa Resources plc, together with its subsidiaries, engages in the exploration and evaluation of mining assets. The company primarily explores for zinc, lead, silver, and vanadium deposits. It owns 100% interest in the Berg Aukas mine, which is located at Berg Aukas, near Grootfontein, northern Namibia. The company was incorporated in 2010 and is based in London, United Kingdom. China Africa Resources plc operates as a subsidiary of Jiangsu Eastern China Non-Ferrous Metals Investment Holding Co., Ltd.

Founded in 2010

china africa resources plc (CAF) Top Compensated Officers

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china africa resources plc (CAF) Key Developments

China Africa Resources plc Announces Results of Independent Mineral Resource Estimate for the Berg Aukas Zinc-Lead-Vanadium Project in Namibia

China Africa Resources plc announced the results of an independent mineral resource estimate for the Berg Aukas Zinc-Lead-Vanadium Project in Namibia. Highlights: The JORC Indicated Mineral Resource, of which in excess of 95% is situated between the 14 and 19 levels (approximately between 350m to 550m below surface, where the majority of historical resources are located), is 1,264,800 tonnes of 15.5% zinc, 3.8% lead and 0.33% V2O5 at a 3% Zn cut-off. This JORC resource estimate verifies the historical (non-compliant with current JORC reporting standards) resource estimate from December 1977 (the historical resource estimate) of 1,196,000 tonnes of 15% zinc, 5.3% lead and 0.63% V2O5 between the 14 and 19 levels, as reported in the Berg Aukas Competent Persons Report, 2011. The resource remains open at depth but with insufficient drilling below the 19 level to define a resource under the JORC code. However, the historical resource estimate defines an 'indicated' resource (non-JORC compliant) of 246,000 tonnes of 21% Zn, 2% Pb and 0.36% V2O5 below the 19 level. In addition the same historical resource estimate (non-JORC compliant) indicates that between the 8 and 14 levels (between approximately 225m to 350m below surface) there is an additional 141,000 tonnes of 29.5% Zn, 4.2% Pb and 0.8% V2O5, which may be accessible from the existing underground infrastructure and No2 shaft.

China Africa Resources plc Reports Audited Consolidated and Company Earnings Results for the Year Ended December 31, 2012

China Africa Resources plc reported audited consolidated earnings results for the year ended December 31, 2012. For the year, on consolidated basis, the company reported operating loss of $687,000, loss before taxation of $495,000 and loss attributable to the equity holders of the parent of $495,000 or 0.02 cents per basic and diluted share against operating loss of $599,000, loss before taxation of $988,000 and loss attributable to the equity holders of the parent of $988,000 or 0.09 cents per basic and diluted share for the seventeen months ended December 31, 2011. Net cash used in operating activities was $719,000 against $464,000 for the seventeen months ended December 31, 2011. Purchase of property, plant and equipment was $29,000. The loss incurred during the year consisted of costs of running the head office in London and associated listing and regulatory requirements. For the year, on company basis net cash used in operating activities was $180,000 against $283,000 for the seventeen months ended December 31, 2011.

China Africa Resources plc to Report Fiscal Year 2012 Final Results on Apr 15, 2013

China Africa Resources plc announced that they will report fiscal year 2012 final results on Apr 15, 2013

 

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