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.





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cheers mitzy - just to let you know there will definitely be another Greenland rns today also - nods as good as a wink and all that

it might be after hours but Greenland rns is today

Update

9 September 2013

Red Rock Resources Plc, the mining and exploration company with an iron ore project in Greenland, a producing gold mine in Colombia, and advanced gold and copper exploration in Kenya, announces an update on operations and developments.

Greenland

Further to the Company's announcement on 30 August 2013, in relation to an offer by a third party for a controlling interest in Nama Greenland Limited a company 60% owned by Red Rock (the "Offer"), the Company has been advised that confirmation of the offer is subject to administrative clearance which is being sought from the relevant authority. A further announcement will be made next week.

Colombia

The national work stoppage affecting the mining industry in the area of the El Limon and El Mango mines was becoming more problematic for the Company's subsidiary Four Points Mining Limited, as violent incidents increased in some parts of the area. However the stoppage has now come to an end and Ashmont Resources Corporation ("Ashmont") is preparing to visit the El Limon mine as announced on 30 August 2013. The visit, which is to update due diligence prior to their potentially making an offer for the mine is now expected to take place next week or as soon as it can be arranged.

New calculations of the Cash Cost per ounce and All-In Sustaining Costs per ounce at El Limon, calculated in line with the recently introduced guidelines by the World Gold Council, highlight the success the Company has had in controlling costs in the last year. Cost control was given priority over volume production in this period. The Cash Cost in the final quarter of the year to 30 June 2013 fell by 50% to $964 per oz., an improvement that has been sustained in July 2013 when cash costs fell to $560 per oz.

RNS


RNS Number : 4702N

Red Rock Resources plc

09 September 2013




Red Rock Resources plc

("Red Rock" or the "Company")

Update



9 September 2013

Red Rock Resources Plc, the mining and exploration company with an iron ore project in Greenland, a producing gold mine in Colombia, and advanced gold and copper exploration in Kenya, announces an update on operations and developments.

Greenland

Further to the Company's announcement on 30 August 2013, in relation to an offer by a third party for a controlling interest in Nama Greenland Limited a company 60% owned by Red Rock (the "Offer"), the Company has been advised that confirmation of the offer is subject to administrative clearance which is being sought from the relevant authority. A further announcement will be made next week.

Colombia



The national work stoppage affecting the mining industry in the area of the El Limon and El Mango mines was becoming more problematic for the Company's subsidiary Four Points Mining Limited, as violent incidents increased in some parts of the area. However the stoppage has now come to an end and Ashmont Resources Corporation ("Ashmont") is preparing to visit the El Limon mine as announced on 30 August 2013. The visit, which is to update due diligence prior to their potentially making an offer for the mine is now expected to take place next week or as soon as it can be arranged.



New calculations of the Cash Cost per ounce and All-In Sustaining Costs per ounce at El Limon, calculated in line with the recently introduced guidelines by the World Gold Council, highlight the success the Company has had in controlling costs in the last year. Cost control was given priority over volume production in this period. The Cash Cost in the final quarter of the year to 30 June 2013 fell by 50% to $964 per oz., an improvement that has been sustained in July 2013 when cash costs fell to $560 per oz.




Metrics

Apr - Jun '12

Apr - Jun '13

Jun '12

Jun'13

Jul'13


Production (Oz)

820

795

268

256

336


Cash Costs ($/Oz)

$1,913

$964

$2,149

$940

$560


All-in Sustaining Costs ($/Oz)

$2,184

$1,161

$2,465

$1,124

$684






See Graphs 1 to 3



http://www.rns-pdf.londonstockexchange.com/rns/4702N_-2013-9-6.pdf



Andrew Bell, Chairman, comments: "The improvement in Colombia operations is a tribute to the work of our team over the last year in bringing costs under control at the same time as improving the plant and increasing mine development. In the recent seven week stoppage we hardly lost a shift, and we now aim to further reduce downtime by improved maintenance and inventory management. At the same time we will be conducting a Health and Safety review, and improving the work of our metallurgical laboratory. The project remains for sale, but we are aware of the advantages that might accrue from holding it at a time when gold prices seem to be recovering, provided that we can assure ourselves of a consistency in the operations of this small mine".

rns due anytime now again!! would not want to be out of rrr when the next rns arrives...................


&

http://www.proactiveinvestors.co.uk/companies/stocktube/2173/red-rock-resources-moves-ahead-leaner-and-more-productive--2173.html

gla

gibby - haven't you been preaching the same gospel for an awfully long time, yet nothing of consequence materialises?

lol cynic - good to hear from you - hope all is good with you

I know what you are saying but rrr have turned the corner now - many are reaping the rewards from .3 to where it is now - Greenland rns due again this week which will bring in many millions, Columbia is now producing gold at a smidgen of $500 per ounce and may be sold, and much other stuff happening

I know how you feel about rrr but its doing very well now

atb

http://uk.advfn.com/newspaper/azeez-mustapha/21411/an-opportunity-to-buy-red-rock-resources-at-a-better-price

http://www.proactiveinvestors.co.uk/companies/news/61078/red-rock-resources-now-happy-with-operations-at-el-limon-gold-mine-61078.html

moving

And RGM

indeed driver - and more round the corner here with so much news imminent
gl

moving :-0

November 2013 chairman video update http://www.youtube.com/watch?v=xaE4IN4S6-A

Red Rock Resources Plc - Notice of General Meeting and Issue of Convertible Note
November 25, 2013
Advertisement

ENP Newswire - 25 November 2013 Release date- 22112013 - Red Rock Resources plc , the mining and exploration company with an iron ore project in Greenland , a producing gold mine in Colombia and advanced gold exploration in Kenya announces that it has posted to shareholders a notice of a general meeting to take place at 1 Adam Street London WC2N 6LE on 2 December 2013 at 11am . At the general meeting, Red Rock shareholders will be asked to give the directors authorities to issue ordinary shares of 0.1p each in the Company to an aggregate nominal amount of GBP445,000 . The authorities will expire on the conclusion of the Company's next annual general meeting which is expected to take place during December. The authorities once granted will allow the Company to proceed with the planned purchase of 8,000,000 shares in Jupiter Mines Ltd (ASX: JMS) as announced on 14 November 2013 , and will provide additional flexibility in funding. The Company further announces that it has agreed to issue an unsecured convertible loan note of GBP500,000 ('Convertible Note') to YA Global Master SPV, Ltd. ('YA Global'), which is advised by Yorkville Advisors LLC ('Yorkville'). The notes yield 10% per annum, and are convertible into ordinary shares for up to one year. The price of conversion will be determined by a formula equal to 97% of the six lowest daily volume weighted average prices during 12 consecutive trading days beginning on the first trading day immediately following the delivery of a notice of conversion by the bondholder with a price cap of 1 pence . The notes fall for repayment on 19 November 2014 if not previously converted. Proceeds from the bond issuance will be divided into two parts, with approximately half of the net proceeds paid upon signature and the balance upon renewal of issue authorities at Red Rock's General Meeting currently scheduled for 2 December 2013 . The proceeds of the Convertible Note will be applied to debt reduction and to working capital purposes. Company Chairman Andrew Bell comments: 'The Company is pleased with the terms of the convertible loan note, which incentivise the investor to maximize its gains by holding for price appreciation rather than converting immediately, thereby aligning our respective interests. This instrument diversifies the Company's funding sources while it awaits the conclusion of previously announced asset sales'. Contact: Red Rock Resources plc Andrew Bell Chairman Tel: 0207 747 9990 Sandra Spencer Investor Relations Tel: 0207 747 9990 0798 [Editorial queries for this story should be sent to newswire@enpublishing.co.uk ] ((Comments on this story may be sent to info@enpublishing.co.uk ))

thanks the manageress - rrr agm very early next week - loads happening good time to be in perhaps..............................................

LISTEN: Red Rock Resources (RRR) - Interim results

Click here

fantastic news....................

Red Rock Resources Plc

("Red Rock" or the "Company")

Proposed Sale of Colombian Interests

13 May 2014

Red Rock Resources plc, the mining and exploration company with gold interests in Colombia, Kenya, and Ivory Coast, announces that it has executed a binding Letter of Intent ("LOI") to sell its Colombian interests for up to USD 5,000,000.



On 12 May 2014 Red Rock executed the LOI with Nicaragua Milling Company Limited ("NMC"), a private company registered in Belize, represented by James Randall Martin. Mr Martin is an experienced mining executive who was the CEO of Colombia Goldfields Ltd and is the founder and Chairman of Nicaraguan gold producer Hemco. Under the LOI, the Company will sell (a) its 100% interest in American Gold Mines Limited ("AGM"), which owns a 50.002% interest in Four Points Mining SAS ("FPM"), the owner of the El Limon mine, and (b) its loans to FPM, for a total consideration of USD 5,000,000.



The El Limon mine is situated in Antioquia province in Colombia, and has been in operation for periods of the last sixty years. Red Rock provided under a Funding and Co-Operation Agreement announced on 10 June 2010 the funding to re-open the mine, which recommenced operations on 21 December 2010. On 8 March 2011 Red Rock announced the exercise of an option to buy 50.002% of Four Points Mining SAS and became through its 100% owned subsidiary American Gold Mines Limited the majority owner of the mine.



NMC has agreed to pay USD 50,000, which is non - refundable, for an exclusivity period of 60 days in order for it to carry out due diligence, and has the option to pay a further USD 50,000 to extend this exclusivity period by an additional 30 days in the event it needs extra time to conduct due diligence on the El Limon mine.



Payment of consideration will occur in three tranches. The first tranche of USD 2,500,000 will be payable upon the completion of satisfactory due diligence on the mine and subsequent closing of the transaction, which is expected to be 11 August 2014, should the exclusivity period not be extended.



A second tranche of USD 1,500,000 will be satisfied by the issuance by NMC to Red Rock of a non-interest bearing promissory note (the "PN") due and payable on or before the date that is one year from the closing. Security for the PN will be held in the form of a charge over 100% of the shares in AGM.



The third tranche of up to USD 1,000,000 will be paid in the form of a 3% royalty on annual net gold sales. In the event that gold production at any stage ceases at El Limon, the total paid under the third tranche may fall short of this amount.



A 7% commission is payable to Ariel Partners on the transaction. Ariel Partners is a corporate advisory firm that provides bespoke business development and other services to companies in the natural resources sector.



Company Chairman Andrew Bell comments:



"We are pleased to announce the proposed sale of Red Rock's holding in American Gold Mines Limited. Under Red Rock's operational control, the El Limon mine has become profitable. We now look to realise the value of our Colombian assets, that have proved resilient in the downturn. We believe this is an attractive transaction for Red Rock as, should it go ahead, the proceeds will enable Red Rock to continue its strategy of asset development and disposal, and reduce the need for fundraising via share issuance."

more great news - rerating as i type - gla

Red Rock Resources (RRR), the mining and exploration company with gold interests in Kenya, Colombia and Ivory Coast, has announced the results of a preliminary technical and economic assessment on the Nyanza deposit of the Migori Project in SW Kenya.

It currently has 15% direct and 32.27% indirect interest and options at Nyanza.

This study represents the first stage of a Bankable Feasibility Study ("BFS") for the Nyanza deposit. Upon completion of the full BFS, Red Rock will acquire a 60% direct interest in the project.

Over the projected life of the mine revenue from gold sales of $95m have been estimated.

The capital costs of $3m should be recoverable within the first six months of operation.

Chairman, Andrew Bell, commented: "The results of this technical assessment indicate that the Nyanza pit is a potentially robust project and we will continue to work on cost optimisation as we continue our studies.

"RRR will proceed with its objectives of upgrading and expanding existing mineral resources at Nyanza in parallel with further feasibility phases as well as continuing greenfield exploration.

"The development of this project to the mining stage continues to be our focus to increase total project value

This is one I wish I was'nt in...... can't wait for the day I break even and get out........ sometime in my life time please.,.

gl baler - very good news rns just out - more news to follow soon......

Red Rock Resources said developments at Jupiter Mines since its delisting have been excellent. Red Rock Resources has a 1.2% holding in steel feed company Jupiter Mines Ltd, and a royalty stake over its Mt Ida iron-ore project.

Jupiter's producing manganese mine at Tshipi continues to expand towards its optimal 2.4m tones of production ahead of schedule, and from commissioning has constituted a profitable division for Jupiter; very impressive in current markets.

Jupiter Mines Ltd's Annual Report Highlights

- Net Asset Value per share increased to AUD 21c

- Significant progress on key projects

- Tshipi Borwa mine produced 1m tonnes of ore in first full year of operation

- Production at Tshipi set to increase to 2.4m tonnes per annum

- Mt. Mason DSO Hematite project optimisation continues

- Progress in plans for Port Esperance expansion increases likelihood of Mt. Mason going forward

- Steel Feed Corporation strategy remains intact; value realization in focus

rrr in the daily mail this weekend and

From Beaufort Securities today: Red Rock Resources (RRR.L, 0.30p) - Speculative Buy Red Rock Resources announced an update on its investment in Jupiter Mines Ltd. Net Asset Value of the company increased to AUD 21c per share from AUD 5.6c per share at the time of delisting. Good progress was witnessed at Tshipi Borwa and Tshipi Bokone - the two manganese projects in the Kalahari Manganese fields. Tshipi Borwa mine produced 1 million tonnes of manganese ore in first full year of operation. At Central Yilgarn, the focus during the past months has been on the Mt. Mason project, with efforts to reduce capital and operating costs via optimisation and use of common infrastructure. Red Rock Resources owns 1.2% stake in Red Rock. The stock surged 30.4% on Friday. Our view: The rise in the Net Asset Value (Net Asset Value) of Jupiter Mines is welcome news. In fact, the true value of Jupiter Mines, now delisted, could be far higher than what is visible through the NAV. Moreover, developments at Jupiter Mines since its delisting have been excellent with producing manganese mine at Tshipi likely to expand towards its optimal 2.4 million tonnes of production ahead of schedule. In light of the above, we retain our Speculative Buy rating on the stock.