News Articles

Mining 08 Nov 2012

Albidon backs up at Munali after resource downgrade

Nickel miner Albidon is reviewing its Munali development in southern Zambia after announcing a 42 per cent plunge in the project's nickel resource.

Financial Services 23 Apr 2009

Funds delay tip Albidon over the edge

A delay in receiving a second parcel of funds has forced cash-strapped nickel miner Albidon to appoint KPMG as voluntary administrators.

Financial Services 24 Mar 2009

Albidon in last ditch effort over funds

Albidon shares have been placed in a trading halt as it scrambles to secure final funding approval from senior lenders and unsecured creditors or be placed in voluntary administration.

Financial Services 03 Mar 2009

Albidon suspends mining at Munali

Shares in Albidon have slumped as much as 43 per cent as the nickel miner places its Munali operation on care and maintenance and lays off some 350 employees and contractors.

27 Feb 2009

Albidon in halt, $40m raising on ice

Shares in nickel miner Albidon have been placed in a trading halt as the company reveals its $40 million private investment deal is unlikely to go ahead.

Financial Services 30 Jan 2009

Albidon in $40m capital raising deal

Nickel miner Albidon has reached an agreement with a private investment fund for a capital injection of up to $40 million through a convertible notes issue.

Mining 20 Jan 2009

Albidon slides on disappointing quarter

Shares in nickel miner Albidon have slumped over 41 per cent as it posts "disappointing" production figures and suspends some development work at its Zambian mine.

Financial Services 11 Dec 2008

Albidon slashes mining workforce

Nickel miner Albidon says it will slash its mining workforce in Zambia by half and downsize its Perth office as part of cost cutting measures following an operational review.

30 Oct 2008

Albidon defers uranium feasibility study

The instability of the global financial markets has prompted West Perth-based Albidon Ltd to defer most aspects of the bankable feasibility study on its Chirundu uranium joint venture.

Mining 09 Jul 2008

Albidon uranium project to cost $93m

West Perth-based African Energy Resources (Guernsey) Ltd and partner Albidon Ltd have elected to proceed with a bankable feasibility study over an African uranium project after a previous analysis pegged total capital costs at $93 million.

Mining 01 Jul 2008

Albidon steps into producer ranks

West Perth-based Albidon Ltd has made the transition to nickel producer following the production of first concentrate at its Munali project in Zambia, with cash flow starting next month.

Financial Services 21 May 2008

Albidon may be a target

Perth-based nickel miner Albidon Ltd could be in play as a takeover target after its major shareholder revealed plans to sell its blocking stake worth some $37 million.

Financial Services 19 May 2008

Albidon now a takeover target

Perth-based nickel miner Albidon Ltd could be in play as a takeover target after its major shareholder revealed plans to sell its blocking stake worth some $37 million.

Mining 30 Apr 2008

Perth nickel play up in takeover spotlight

Consolidation in the Australian nickel sector looks far from over, following recent speculation and events surrounding Perth-based Albidon Ltd.

Government 23 Apr 2008

‘Scrap’ merchants find a world of nickel and opportunity

It's the kind of story that would be big news in so many places. A couple of boffins come together with a pair of money men, see a gap in the market, and set up a business.

05 Dec 2006

Albidon secures US$25m offtake agreement with Chinese giant

West Perth-based mineral explorer Albidon Ltd has signed an offtake agreement for its Munali Nickel Project in Zambia with Chinese giant Jinchuan Group Ltd worth over US$25 million.

06 Oct 2006

Albidon to raise $46.9m through placement

West Perth-based mineral explorer Albidon Ltd will raise around $46.9 million through a placement to fund further work on its Munali Nickel Project in Zambia.

22 Jun 2006

Albidon raises $13.4m for Zambian nickel project

Nedlands-based nickel company Albidon Ltd has raised $13.4 million from UK and Australian instititional investors to fund development of its Munali project in Zambia.

08 Feb 2005

Albidon Ltd - 1-Feb-05

600,000 options will be released from escrow on February 12 2005.

09 Nov 2004

Albidon Ltd - 28-Oct-04

200,000 options will be released from escrow on the 11th of November 2004.

13 Jul 2004

Albidon Ltd

3,670,719 shares will be released from escrow on July 22.

22 Jun 2004

Albidon Ltd - 11-Jun-04

Albidon Ltd - 11-Jun-046,205,502 shares will be released from escrow on the 24th of June 2004.

News Articles for Albidon

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark

Bookmark