china africa resources plc (CAF:London)
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
--
|
Dividend Yield
--
|
Related News
china africa resources plc (CAF) Related Businessweek News
No Related Businessweek News Foundchina 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.
china africa resources plc (CAF) Key Developments
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 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 announced that they will report fiscal year 2012 final results on Apr 15, 2013
| Recently Viewed | |||
| CAF:LN | 16.50 GBp | 0.00 | |
| Company | Last | Change | |
| No competitor information is available for CAF. | |||
| View Industry Companies | |||
Industry Analysis
CAF
Industry Average
| Valuation | CAF | Industry Range |
| No financial data is available for CAF. | ||
Post a JobJobs
- Orlando, FL | Consult SoftPosted: May 22
- New York, NY |Posted: May 17
- San Francisco, CA | YelpPosted: May 02
- San Francisco, CA | YelpPosted: May 02
Sponsored Financial Commentaries
Sponsored Links
To contact CHINA AFRICA RESOURCES PLC, please visit www.chinaafricares.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.








