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ZCI's production update


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#1 zcifan

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Posted 16 March 2018 - 01:20 PM

http://www.sharenet....eq=37&scode=ZCI


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#2 zcifan

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Posted 01 August 2017 - 02:44 PM

ZCI share : suspension of trading should be lifted in late september after the effective take over of Mowana assets by Alecto's Minerals, listed in London.

I will provide all details


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#3 zcifan

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Posted 09 December 2014 - 03:45 PM

H1 accounts balanced :

 

http://www.sharenet....08110000&seq=15


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#4 zcifan

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Posted 22 July 2013 - 04:01 PM

ACU , ZCI's subsidiary listed in London surging with high volume :

 

http://www.londonsto...03TH577GBGBXAIM


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#5 zcifan

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Posted 22 July 2013 - 03:59 PM

Very good figures...

 

 

Zci Limited - Production Update

Release Date: 22/07/2013 08:00:00      Code(s): ZCI     email.gif   print.gif

Production Update ZCI Limited (Bermudian registration number 661:1969 (South African registration number 1970/000023/10) JSE share code: ZCI ISIN: BMG9887P1068 Euronext share code: BMG9887P1068 ("ZCI") Production Update Production report for the first quarter of fiscal 2014 Mr. Tom Kamwendo, the ZCI Group CEO expressed satisfaction with the continuing improvements in production being made at ZCI's principal asset, African Copper Plc. (“African Copper” or the “Company”), and conveyed his thanks and appreciation to all the staff for their contribution and hard work during the quarter. The Company announced production figures of 3,075Mt of copper in concentrate for the first quarter of fiscal 2014 from its 100% owned operating mines in Botswana. First Quarter Production Highlights • During the quarter, ore processed went up by 5% to 181,233 Mt compared to 171,908 Mt over the same period. Copper recovery increased by 65% to 83.6% compared to 50.7% during Q1 2012/2013 FY. • During Q1 of the 2013/2014 FY production of copper in concentrate went up by 91% to 3,075Mt compared to 1,609Mt achieved during Q1 2012/2013 FY • During April 2013 following a mill re-lining, vibrations were experienced in the mill that necessitated a production halt for three days to rectify which affected production for that month. Recoveries in April were 61.8% as a result of a small quantity of stockpiled oxide ore being processed. • May results were considerably better with 89.9% recovery and production of 1,408 Mt of copper in concentrate following a return to only sulphide ore being processed. In June ore processed fell due to a shortage of process water. Mr. Jordan Soko, Acting Chief Executive of African Copper, said: “In May 2013, we reported strong final year results with record copper production from the Mowana facilities. I am delighted to say that this has been maintained in the first quarter of fiscal year 2014. We continue to improve the plant and operations and this is being demonstrated by the production reported today.” All of the ore processed at the Mowana facilities during the quarter was sourced from the higher grade sulphide rich ore Thakadu Mine. During the first week of July, we successfully installed and commissioned a new primary crusher, which is now running at design capacity of 350 tph. In the three months reported below, the proportion of sulphide ore processed increased to 92% of the total from 80% in Q4 FY 2013 due to mining a consistent sulphide area of the Thakadu pit. Trucking operations from Thakadu to the Mowana Mine processing facilities, a distance of 70km, ran smoothly throughout the quarter. Production levels for the three months ended 30 June 2013 are set out below: Description April May June Total Q1 Total Q1 Total Q4 2013 2013 2013 2013/ 2012/ 2012/ 2014 2013 2013 Ore processed (Mt) 50,409 77,885 52,939 181,233 171,908 164,588 Cu grade (%) 1.79 2.01 2.29 2.03 1.91 1.67 Recovery (%) 61.8 89.9 91.6 83.6 49 88.2 Concentrate produced (Mt) 2,477 6,100 4,426 13,003 6,888 11,358 Copper produced in concentrate (Mt) 556 1,408 1,111 3,075 1,609 2,429 In April, there were some production issues around the performance of the mill, which was subject to vibrations following a routine production halt for three days for mill re-lining. April recoveries were 61.8% as a result of a small quantity of stockpiled oxide ore being processed. We identified the source of the vibrations and as a result have ordered new mill gear mechanisms which are expected to be available for installation in September 2013 with resultant necessary mill downtime. May results were considerably better with 89.9% recovery and production of 1,408 Mt of copper in concentrate following a return to only sulphide ore being processed. In June, we experienced a shortage of process water, with resulting lower throughput to the mill and ore processed. However, this was offset by the higher grade of ore treated. Process water issues have been addressed by the drilling of two additional boreholes in the nearby Dukwe wellfield. Mining operations at the Mowana Mine pit are planned to commence during Q2, with a production ramp up linked to mining volume reduction at Thakadu as the Thakadu resource moves towards depletion around the middle of calendar year 2014. As volumes drop at Thakadu Mine, the mining equipment will be moved across to the Mowana mine to effect the pre-stripping and ramp up. Exploration drilling has continued during the fourth quarter in the greater Nakalakwana area targeting Iron Oxide Copper Gold mineralisation within the Matsitama Exploration Licence PL 17/2004; and in the near vicinity of Thakadu Mine to find additional mineable resources to add to the Company’s existing reserves. The Company expects to provide an update later in the year. The technical information in this announcement has been reviewed and approved by David De’Ath, BSc (Hons), MSc, GDE-Mining, MIMM and MAusIMM, the Company’s Manager, Geology, of the Mowana Mine for the purposes of the current Guidance Note for Mining, Oil and Gas Companies issued by the London Stock Exchange in June 2009. Bermuda 22 July 2013 Sponsor: Bridge Capital Advisors (Proprietary) Limited Date: 22/07/2013 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS. Email this JSE Sens Item to a Friend.

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#6 yusufm

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Posted 27 June 2013 - 11:55 AM

Yussuf thank your lucky stars you did not get hit at the auction. Keep away from this share as your money will just be tied up.. It is also a very illiquid share!!!

I noticed that this morning when all the bids from yesterday dried up, for once a market irregularity worked in my favour :)


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#7 HDB

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Posted 27 June 2013 - 11:35 AM

Yussuf thank your lucky stars you did not get hit at the auction. Keep away from this share as your money will just be tied up.. It is also a very illiquid share!!!

 

I tried entering yesterday when the trading statement went out but ZCI seemed to go into auction and I was out-bidded. You can see in this pic that the orders were not matching from 12:00 to 12:15 which is very weird


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The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!


#8 yusufm

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Posted 27 June 2013 - 11:19 AM

I tried entering yesterday when the trading statement went out but ZCI seemed to go into auction and I was out-bidded. You can see in this pic that the orders were not matching from 12:00 to 12:15 which is very weird

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#9 zcifan

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Posted 27 June 2013 - 10:54 AM

ZCI back to profit !

 

 

Zci Limited - Trading Statement

Release Date: 26/06/2013 12:00:00      Code(s): ZCI     email.gif   print.gif
Trading Statement

ZCI Limited
(Bermudian registration number 661:1969
(South African registration number 1970/000023/10)
JSE share code: ZCI ISIN: BMG9887P1068
Euronext share code: BMG9887P1068
("ZCI" or "the Company")


TRADING STATEMENT


In terms of section 3.4 (b) of the Listings Requirements of the JSE Limited, companies are required to
publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that
the financial results for the period to be reported on will differ by at least 20% or more from the financial
results for the previous corresponding period.


Shareholders are advised that ZCI is currently finalising its results for the year ended 31 March 2013. ZCI
is expecting earnings per share of 5.16 US cents per share which is up from the loss per share of 52.21
US cents per share for the comparative period, and a headline earnings per share of 7.42 US cents, up
from a headline loss of 14.48 US cents per share for the comparative period.


The financial information on which this trading statement has been based has not been reviewed or
reported on by the Company’s auditors. The results for the year ended 31 March 2013 will be published
on SENS on or about 28 June 2013.


26 June 2013
Johannesburg
Sponsor: Bridge Capital Advisors (Pty) Limited

Date: 26/06/2013 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.


Email this JSE Sens Item to a Friend.


 


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#10 zcifan

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Posted 24 January 2013 - 04:23 PM

+81.82%
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#11 jaDEB

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Posted 24 January 2013 - 04:20 PM

Nice, u must be smiling. Congrats


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jaDEB

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#12 zcifan

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Posted 24 January 2013 - 03:58 PM

SP +47.27%

still at a big discount
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#13 zcifan

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Posted 24 January 2013 - 03:44 PM

Strong recovery Under way

http://www.sharenet.co.za/v3/sens_display.php?tdate=20130124 080000&seq=2
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