Kitwe Cobalt-Copper Tailings Project
Binding Terms Sheet Signed for interest in Kitwe Cobalt-Copper Tailings Project, Zambia
Cobalt Production JV Agreement Signed
All parties sign the Joint Venture Agreement between Cape Lambert and Paragon Mining SARL forming a 50/50 Joint Venture to develop the Kipushi Cobalt Copper Tailings Project, the Kasombo Copper-Cobalt Projects and operate the Kipushi Processing Plant in the DRC.
Sale of interest in Central African Resources
Sale of 20% interest in Central African Resources Ltd the holder of iron ore tenements in Gabon.
Cape Lambert completes $4m fully underwritten placement at 300% premium
Sale of Cote D’Ivoire Tenements
Sale agreement executed with Newcrest subsidiary for the sale of three tenements in Cote D’Ivoire for US$332,500 plus a royalty.
Wee MacGregor Project
Cape Lambert signed Farm-In JV Agreement with Argosy on Wee MacGregor Project
First Royalty Received
First royalty proceeds received from Timis Mining for concentrate from the Marampa Iron Ore Mine (previously owned by London Mining Plc).
Funding agreement with Timis Mining Corporation SL Ltd for acquisition of London Mining Marampa Mine completes.
Mining Licence granted at Marampa.
Settlement with ATO
CFE settles with the ATO over amended Tax Assessment Notice.
Settlement with MCC
CFE Reaches settlement with MCC over disputed final payment for the Cape Lambert Project.
Leichhardt Project Sale
Completion of A$14.75M Sale of Leichhardt Project
Environmental Licence granted at Marampa
Cape Lambert to Undertake On market Share Buy-Back
Updated Marampa scoping study for 15 Mtpa, standalone, open pit mining development
Marampa Exploration Target Increased to 1.0 – 1.2BT
Exxaro’s takeover offer accepted
CFE Accepts Exxaro’s takeover offer for remaining African Iron Limited shares (generating proceeds of approx. A$72.2M)
Sale of Sappes Gold Project
Completion of A$46.5M sale of Sappes Gold Project to Glory Resources Limited.
Marampa scoping study
Updated Marampa scoping study for 10 Mtpa, standalone, open pit mining development at Marampa
Completion of Pinnacle acquisition (Pinnacle 100% wholly owned subsidiary of CFE)