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Gulf Mines preparing exploration update

Gulf Mines’ (ASX: GLM) shares have been placed in pre open after it was granted an ASX trading halt regarding an exploration update.The halt will remain in place until the opening of trade on Monday...

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Gulf Mines discovers 12.3% copper in outcrops, West Timor, Indonesia

Gulf Mines (ASX: GLM) has located a potential high grade copper discovery in an area being acquired by the company in West Timor, Indonesia.Two rock samples with XRF-verified grades of 12.43% and 8.7%...

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Gulf Mines commencing integrated manganese operations through Asia Minerals...

Gulf Mines (ASX: GLM) has reported that Asia Minerals Corporation, in which Gulf holds a major shareholding, has commenced building its manganese alloy smelter plant in Indonesia.Asia Minerals is...

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Gulf Mines unaffected by Indonesian mineral export ban

Gulf Mines (ASX: GLM) has noted that Asia Minerals (AMC), in which Gulf is a major shareholder, is exempt from the current Indonesian ore export ban.The Indonesian Government's Ministry of Energy and...

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Gulf Mines: Asia Minerals Corporation ships first manganese cargo, Indonesia

Gulf Mines (ASX: GLM) has reported that Asia Minerals Corporation, in which Gulf is major shareholder, has shipped its first cargo of high grade manganese from Indonesia.The initial cargo consisted of...

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Gulf Mines to divulge copper results from West Timor

Gulf Mines (ASX: GLM) is preparing to release details of copper results from West Timor, with the Australian Stock Exchange granting the company a trading halt.Gulf's shares are currently in...

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Gulf Mines reveals more high-grade copper samples from West Timor project

Gulf Mines (ASX: GLM) shares should firm in trade today after releasing further high grade copper grab and channel samples from the West Timor copper prospect.All of the 10 samples collected returned...

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Gulf Mines to divest Leonora Gold Project, focus on manganese and copper

Gulf Mines (ASX: GLM) is divesting the Leonora Gold Project consisting of the Mt Stewart and Braemore tenements, with the company to maintain its focus on developing its manganese and copper assets.The...

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Gulf Minerals Corporation to raise $2.5M for Indonesian manganese operations

Gulf Minerals Corporation (ASX: GMC, formerly Gulf Mines, ASX: GLM) intends to raise up to $2.5 million through the issue of up to 250 redeemable convertible notes at a value of $10,000 per note to...

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Gulf Minerals Corporation changes Board for manganese projects

Gulf Minerals Corporation (ASX:GMC) has appointed its current chief executive officer Bruce Morrin as an executive director. The company is looking to develop manganese mining operations in Indonesia...

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Gulf Minerals Corporation heads to market

Gulf Minerals Corporation (ASX:GMC) has been granted an ASX trading halt as it prepares to carry out a capital raising.The halt will last until the earlier of the announcement being made or the start...

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Gulf Minerals Corporation raising funds ahead of Singapore listing

Gulf Minerals Corporation (ASX:GMC) is raising up to $1.34 million through a renounceable entitlement issue ahead of its application to dual list on the Singapore Exchange Catalist Board.A total of...

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Gulf Minerals Corporation in trading halt

Gulf Minerals Corporation (ASX:GMC) has been granted an ASX trading halt in relation to an announcement on the Indonesian smelter project funding.The halt will remain in place until the opening of...

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Gulf Minerals Corporation to update on Timor Smelter Study

Gulf Minerals Corporation (ASX:GMC) has been granted a trading halt by the ASX pending an update on the company's Timor Smelter Study.The company is focussed on becoming an ASEAN focused manganese ore...

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Gulf Manganese Corporation study reveals high EBITDA of smelter project

Gulf Manganese Corporation (ASX:GMC) has received a study highlighting the robust financial project economics of its planned manganese smelter in Timor that could return EBITDA of US$623.8 million over...

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Gulf Manganese Corporation substantial shareholder increases stake to 33.88%

Gulf Manganese Corporation (ASX:GMC) substantial shareholder Leprechaun Holdings Pty Ltd has increased its stake in the company to 33.88% from 27.25% through the conversion of convertible...

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Gulf Manganese Corporation reinforces high EBITDA of smelter project

A redrafted study of the planned manganese smelter has strengthened the robust project economics including an estimated EBITDA of US$374.7 million over 10 years, NPV of US$160.6 million, IRR of 55.6%....

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Gulf Manganese Corporation to raise capital

Gulf Manganese Corporation (ASX:GMC) is progressing its planned ferromanganese smelter in Timor with EBITDA of US$ 374.7 million, NPV of US$160.6 million and start-up capital investment of US$66...

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Gulf Manganese Corporation in cash raising, Singapore listing

Shareholder approval will be sought to raise the funds through a share issue to unrelated third parties and a general offer to existing shareholders. The company is seeking a listing of its Timor...

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Gulf Manganese Corporation approved for grant

Gulf Manganese Corporation (ASX:GMC) has been approved by AusIndustry for a Research and Development Tax Incentive claim for the 2014 financial year.Gulf is also moving towards an initial public offer...

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Gulf Manganese Corporation granted key Indonesian licence

Gulf Manganese Corporation (ASX:GMC) can progress development of its planned manganese smelter in Timor after receiving the key Principle Licence for Foreign Investment from the Indonesian Investment...

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Gulf Manganese Corporation takes first step to securing project land

Gulf Manganese Corporation’s (ASX:GMC) proposed 53 hectare block of land for its planned manganese smelter in Timor has been officially measured and issued with a Field Map reference catalogue...

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Gulf Manganese Corporation Ltd secures US$10M for Indonesian smelter

Gulf Manganese Corporation Ltd (ASX:GMC) will receive an investment of US$10 million in Gulf’s Kupang Smelting Hub Project in Indonesia from investor Marthen Amtiran, for a 10% stake.Gulf’s strategy is...

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Gulf Manganese Corporation Ltd acquires two smelters

Gulf Manganese Corporation Ltd (ASX:GMC) has finalised an agreement with South African-based Transalloys (Pty) Limited for the acquisition and relocation of two ferromanganese smelting...

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Gulf Manganese Corporation Ltd heads to market

Gulf Manganese Corporation Ltd (ASX:GMC) has been granted a trading halt by the ASX this morning, pending details of a capital raising.The halt will remain in place until the opening of trade on...

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Gulf Manganese Corporation Ltd is Thursday's ASX Most Traded with 32 million

Thursday's ASX Volume Leaders at the close. Company NameCodeLastChangeVolume Gulf Manganese Corporation Ltd GMC $0.017 13.33% 32,017,747 Dimerix Bioscience Ltd DXB $0.015 7.14% 26,868,663 Xped Ltd XPE...

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Gulf Manganese Corporation Ltd to reveal cornerstone investment

Gulf Manganese Corporation Ltd (ASX:GMC) has been granted a trading halt by the ASX, pending details of a cornerstone investment.

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Gulf Manganese Corporation to update on investment

Gulf Manganese Corporation (ASX:GMNC) has been granted a trading halt by the ASX, pending an update in relation to the cornerstone investment.

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Gulf Manganese Corporation bags $1.5M for ferromanganese smelting

The demand for manganese is projected to rise 40% in the next 10 years.

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Gulf Manganese secures $10.8 million investment

The funding will be used in the development of Gulf’s Kupang Smelting Facility in Indonesia.

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