Company Description
Red Rock is a mineral exploration and development outfit.
IPO Details
Issue Date 29-07-2005 Prospectus n/a
Issue Price 2.00p Lead Broker ARM Corporate Finance
Market Cap £2.87m Contact Tel 020 7512 0191
Method Placing
Sector Mining
Market Aim
Amount Raised £0.60m

Web site:- http://www.rrrplc.com/



Exploration update 3rd August 2006 - Red Rock Resources PLC said a significant new iron discovery has been made at its Central Yilgarn Iron Project in Australia. Jupiter is targeting extra iron ore tonnage of over 20 mln tonnes from the discovery. Production from the Central Yilgarn Iron Project is planned to be crushed on site, trucked to Menzies, 90 kilometres away, and then railed to the Port of Esperance

Exploration Update 9th August 2006 - Manganese Resource defined at Mkushi, Zambia gives an indicated tonnage of 2,365,000 million tonnes of manganese ore


Red River (RVR), which is a stock we rarely hear from, performed a similar trick, announcing the recovery of high-grade iron ore samples from a project in the Pilbara region of WA, and receiving a share price boost of A3 cents (20 per cent) to close the week at A18 cents. (courtesy of Minesite)



PLUS MARKETS LINK
http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B0CQLF79

Red Rock Resources plc said it has signed a
deal with Zambian firm Chiman Manufacturing Ltd for the processing of manganese
to produce ferromanganese.
The mineral exploration and development company said Chiman will provide
crushing, preparation, and processing of ore supplied by Red Rock's Zambian unit
from stockpiles and surface material at its Chiwefwe mining license.
The company added it expects to make first deliveries shortly.





Powered by IST's

High Nickel Prices Ignite Markets for
Laterite Nickel Deposits and Manganese Ore

With refined nickel still at nearrecordprices, many of Chinas biggest stainless steel producers are exploring alternative methods of production in the quest for higher profit margins, in the form of low nickel pig iron. Pre-existing blast or electric furnaces need just a few months of construction to adapt them to be able to process low-grade laterite nickel ore to produce nickel pig iron, thereby removing
an expensive stage in production.

By using low-grade laterite nickel ore Chinese producers can more cheaply nickel pig iron sells for 20 percent less than the refined nickel price and quickly furnish
the ever-expanding demand for 200-series stainless steel, a lowerquality product made with pig iron at 1 to 4 percent nickel content that is primarily destined for the consumer market.

In addition Baosteel, Chinas largest steelmaker and secondlargest stainless steel producer, confirmed in April that they were also using low nickel pig iron mixed with smaller amounts of pure nickel to make their highquality, 4-10 percent nickel
content, 300-series stainless steel that is used in industry, although some sources claimed that they had had mixed success.

The impact from the rising popularity of nickel pig iron is likely to be felt more in the
stainless scrap sector than the refined nickel market, stainless scrap having been more commonly used for 200-series stainless. Prices have already dropped to a 15 percent discount from refined nickel prices from the previous 5 to 10 percent.
Import figures reflect this new movement, with Chinese imports of low-grade laterite nickel ore last year at 3.78 million tonnes, up almost eight-fold from 2005, and Chinas nickel pig iron smelting capacity predicted to double to 2 million tonnes this year, according to Xu Aidong, chief analyst at Beijing Antaike Information
Development Co.

With profit margins high for not only the stainless producers, but also nickel pig iron producers with costs of around 220,000- 250,000 yuan and a selling price of
320,000 yuan per tonne and ore suppliers, and the production of stainless steel unlikely to slow any time soon Antaike predicts 7.2 million tonnes to be produced this year, compared to 5.3 million in 2006 it appears to be a winning situation for everyone involved. The Chinese government will certainly introduce regulations to
deal with this new sector, especially its energy-intensive smelters, at some point in the future, industry sources say, but the recentness of the growth means that it may be a while before they have gathered enough information to do so, and in
the meantime the prices of laterite ore are soaring, with Philippine ore at a 1.4 percent nickel content now selling at 1200 yuan, over double the price a year ago.
Another metal whose stock has been affected by continuing high nickel prices is manganese, which has always been key to steel and iron production thanks to its
sulphur-fixing, deoxidising and alloying properties that prevent the product from being too brittle, but which is now in even higher demand due to nickel-free specialty alloys that are increasingly being used to offset costs and in which
manganese content may reach as high as 16 percent.

The specialty steelmaker Allegheny Ludlum said earlier this year that high prices had forced them to replace nickel in some of their products with manganese, and
other stainless producers are following suit, signifying the desire for a market move away from austenitics to duplex, ferritic and other grades in order to rely less
upon nickel. One report implied that, with a chrome-manganese production increase of as much as 50 percent in the next two years, 20 percent of the nickel-chrome grades market share could be taken away.

In addition to these uses, manganese has many other established and developing applications, including rust prevention, batteries, glass production, fertilisers, and carbody components as well as hybrid car batteries, and a constant supply
of it will be vital to Chinas expanding infrastructure and railways. Around 34 million
tonnes of manganese ore were mined in 2006.

Manganese is also one of the U.S.s top four strategic metals, essential
as it is to steel production, although they have no domestic production of the ore and many of their import supplies are uncertain, coming as they do from countries
with local political instability. And, according to the U.S. Geological Survey, manganese has no satisfactory substitute in its major applications, yet fewer countries now produce the ore than ten years ago.

The International Manganese Institutes report for 2007 states that manganese demand prospects have never been so good, and producers have responded to this increased demand, with companies like BHP Billiton and Consolidated Minerals
Ltd of Australia sharply increasing production, BHP to a record 1.5
million tonnes. Although prices for nickel have multiplied sevenfold, cobalt four-fold, and vanadium and molybdenum six-fold each, manganese prices have merely
doubled in price so far, suggesting it is a greatly undervalued commodity.
Regency, RGM apart from its nickel interests, is also a 45 percent shareholder in manganese specialist Red Rock Resources plc (AIM: RRR). This now appears a
good each way bet for Regency.

What we need now is for the Chiman plant to re-open, lets get Red Rock on the map!

Latest company update.................

http://www.minesite.com/fileadmin/content/companies/1289_PRESSREL_0_RRR_Aug_newsletter.pdf

China close to turning point.......................

http://www.theaustralian.news.com.au/story/0,25197,22174078-5005200,00.html

Profiting From the Wall of Worry ...............interesting read!!

http://www.resourceinvestor.com/pebble.asp?relid=34460

RSL news monday, and rsl was up by 21% today Red Rock share price will soon blow 5p away! DYOR

And a nice chart to admire!

Zambia's uranium system better than central US's, that has yielded more than million tons

http://www.miningweekly.co.za/article.php?a_id=113473

By: Martin Creamer
Published: 3 Aug 07 - 0:00
Zambia has the potential to be one of the worlds largest uranium producers, says African Energy Resources executive chairperson Alasdair Cooke.

In addition, Zambia is one of the best places for making mining projects happen, he told last weeks Capital Resources conference, in Botswana.

He says Zambias Karoo uranium system has far greater potential than a more celebrated one in the central US, from which a million tons has been extracted over the years.

The uranium geology crosses the Zambian border into Tanzania and you are looking at nearly 1 000 km of strike length.

African Energy will just be scratching the surface of it with its proposed projects.

He says there are currently many uranium projects, which has investors pondering which will actually reach production stage.

He believes nonunderground prospects with simple geology and metallurgy are the ones that will reach that stage and also those served by good exist- ing infrastructure.

We are very lucky in Zambia, where we have excellent power infrastructure, he says.

The Australian companys Zambian uranium prospect is located 20 km from the Kariba hydroelectric power scheme, where there are good road access and ample water.

Were very confident that we can develop these projects very fast, he says.

The politics of Zambia are excellent and the company has had among its best experiences ever in terms of speed and efficiency of project development.

It applied for a mining lease less than 18 months ago and opened a boxcut only four months after that.

Its a mining economy and getting people is so much better than in Australia, where it is hopeless, Cooke says.

He describes his Zambian workforce as fantastic.
Edited by: Martin Zhuwakinyu

Red Rock Resources Sale of Orion


RNS Number:6911B
Red Rock Resources plc
07 August 2007


RED ROCK RESOURCES PLC

Completion of Sale of Orion


Dated: 7 August 2007


Red Rock Resources plc ("Red Rock" or the "Company") the mineral exploration and
development company focused on advancing iron ore, uranium and manganese
projects in Australia and East/Southern Africa, announced on 9 May the proposed
acquisition of Orion Exploration Pty Ltd ("Orion") its wholly owned uranium
exploration subsidiary and certain other uranium tenements by Retail Star
Limited ("RSL") (the "Acquisition").

It was announced that RSL (ASX:RSL) a company listed on the Australian
Securities Exchange had agreed Heads of Terms to acquire 100% of Orion, owner of
Red Rock's Australian uranium assets, and certain other uranium tenements.

The Extraordinary General Meeting of RSL took place in Perth, Western Australia
on Monday 6 August 2007 and approved all the resolutions required to implement
the agreement between the Company and RSL. The acquisition by RSL of Orion and
interests in the other uranium interests has now been completed.

The consideration for the Acquisition was AUS$1.5 million in cash. The cash
consideration was funded through Red Rock subscribing for 80 million fully paid
ordinary shares in RSL at AUS$0.015per share, 20 million options (with an
exercise price of 2.5 cents each and an expiry date of 30 June 2008) at AUS$0.01
per option and 20 million A Performance Shares in RSL which will convert into
ordinary shares when the Celia tenement application in the Rum Jungle Mineral
Field in the Northern Territory of Australia (ELA 24414) is transferred to RSL's
nominee, issued at a subscription price of AUS$0.005 per A Performance Share.
The Company also received, 30 million C Performance Shares in RSL which will
convert into ordinary shares when the legal and beneficial interest in the
Chintheche uranium exploration license in Malawi is transferred to RSL's
nominee, issued for no consideration, and 30 million B Performance Shares in RSL
which will convert into ordinary shares when a further mineral application in
Malawi is granted and is transferred to RSL's nominee, issued for no
consideration.

The 80 million ordinary shares of RSL currently held by the Company represent
circa 15.6% of the issued ordinary share capital of RSL as enlarged by the
Acquisition and are subject to a voluntary restriction for twelve months from
the date of issue.

Following a simultaneous placing of 37,500,000 new shares at AUS$0.015 by RSL,
RSL currently holds approximately A$2.1 million in cash, part of which will be
used to fund the further development of the tenements through a proposed
exploration budget of AUS$225,000 in year one.

At the close of trading on the Australian Stock Exchange on 7 August 2007 the
RSL shares were trading at AUS$0.027 per share.

The Company's Chairman, Andrew Bell, has been elected as Chairman and Director
of RSL, and Manoli Yannaghas has been appointed a Director of RSL.

new article available HERE

Apparently Jupiter mines are sat on something massive and rrr have an 8% stake, bodes wll for coming months + rgm who are both up today. Top up time?

This one seems to be climbing well with no news?? any body in? Good volume and buys today, wondering how long to stay in.

Interview with the CEO, click HERE

New article, click HERE

Reaction to news, click HERE

Just seen this posted on ADV.......may be worth a punt becasue some good news due on this one
LONDON (Dow Jones)--Red Rock Resources PLC (RRR.LN), a mining exploration and mineral investment company, said Monday it has entered into an agreement with Kansai Mining Corporation Limited whereby it may acquire up to 60% of the issued share capital of Kansai's wholly owned subsidiary company Mid-Migori Mining Company Ltd, a company incorporated in Kenya which owns the beneficial title and mining rights to the Migori Gold Project.

MAIN FACTS:

-The Migori Gold Project has an Indicated Resource of 1,172,000 ounces gold, with an expectation that this figure may be raised significantly on resumption of the incomplete 2007 drill programme.

-The company has paid a non-refundable cash deposit of $25,000 and has until September 10 to complete due diligence.

-On satisfactory completion of due diligence, the company will be allotted 15% of the issued share capital of Mid-Migori for a total consideration of $725,000.

-The Migori Gold Project comprises two contiguous special prospecting licenses SP202 and SP122 covering an area of 310.5 square kilometers and situated in south western Kenya approximately 290 km west of Nairobi.


-By London Bureau, Dow Jones Newswires; Contact Ian Walker; +44 (0)20 7842 9296; ian.walker@dowjones.com





(END) Dow Jones Newswires

August 17, 2009 02:29 ET (06:29 GMT)

http://www.moneyam.com/InvestorsRoom/posts.php?tid=14368#lastread

latest on this stock from another bb.......
29th September 2009
Analyst: Thomas Jones
thomas.jones@t1ps.com
020 7562 3371

Red Rock Resources* Unlocking Value from Iron Ore, Uranium and Gold Assets. Buy at 1.625p with a 3.02p Target Price.

Key Data
EPIC
RRR
Share Price
1.625p
Spread
1.6p 1.65p
Total no of shares
464.8 million
Market Cap
7.6 million
12 Month Range
0.375p 2.05p


Net Cash
400,000

Market
AIM

Website
www.rrrplc.com


Secto rMining


Contact


Andrew Bell, Chairman & CEO
Tel: 0207 402 4580

Red Rock Resources is an AIM listed mining company which has attracted the backing of major mining investment company Pallinghurst for the development of its iron ore projects through ASX listed Jupiter Mines. Iron ore and manganese is currently Red Rocks big draw card and underpins the valuation of the company, but it also owns attractive uranium and gold assets in Australia and Malawi, and we believe that Red Rocks underlying asset value is at least 3.02p per share. The company has net cash, an experienced and entrepreneurial management team and we initiate coverage at 1.65p with a stance of buy.

Recent developments have seen Red Rocks stake in Jupiter, a company now backed by both Pallinghurst and the Korean group POSCO, rise to 93.1 million shares (25.21%). At the current share price of A$0.205 this investment is worth 9.5 million or 2.05p per share to Red Rock.

Red Rocks uranium interest is a 27% stake in ASX company Resource Star Ltd. With 7 tenements in the Northern Territory, one in Western Australia and 2 in Malawi, Resource Star is building its uranium portfolio and strategic partnerships as it looks to prioritise future development work and re-list this autumn.

On the gold front, while Red Rock has a gold prospect in the Eastern Oakover tenement in Western Australia, the near-term interest is in the recently acquired operating interest in the Migori greenstone belt of southwest Kenya.

Our valuation of Red Rock is derived from the current market valuation of its stake in Jupiter Mines, a risk weighted valuation of its stake in Resource Star and the 4 Kenyan gold licences, and its net cash position or 400,000.

The fact that a small company like Red Rock has negotiated a partnership, through Jupiter, with a large industry player in Pallinghurst, and subsequently with POSCO, indicates the attractive nature of its assets and must be viewed as a coup for the management team. Establishing a gold business with the potential of modest near term cash flows, together with its debt free status and cash on hand of 400,000, leaves Red Rock non-reliant on the equity markets for short term funding and, indeed, able to exploit opportunities created by the inability of others to raise funds. We believe that Red Rocks underlying asset value is at least 3.02p per share and initiate our coverage at 1.625p with a stance of buy.
*RSH, the ultimate owner of GE&CR owns shares in Red Rock Resources.

As a current holder i feel aggrieved at the current valuation.

They have a stake in Jupiter Mines which is worth 10 million, that alone is 20% more than the market cap, so everything else is valued at zero, i can understand that they would not be able to sell that stake in one go at that price unless a offer or a buyer approaches them but they have several other interests.

And given this is a hot sector this one seems to be a little left behind.

Here comes the whoosh time !

No stock available online, little shake on the back on the poor markets which only
flushed out one seller, another 500k worked sell order cleared and full offer to buy
and limits cut to zero.

Should get back into that breakout zone later.