Beacon Hill’s accelerated expansion at Minas Moatize a good move, says broker
Beacon Hill Resources’ (LON:BHR) plans to triple the washplant capacity at its Minas Moatize coal mine in Mozambique earlier than planned are viewed as a positive move by Canaccord Genuity. The broker...
View ArticleBeacon Hill still burning with ambition in Tete
Coal miner Beacon Hill Resources (LON:BHR, ASX:BHU) has made impressive progress in developing its Minas Moatize mine in Mozambique. In two years, the project has grown from an operation producing...
View ArticleBeacon Hill Resources ‘confident’ of securing rail allocation this year
Beacon Hill Resources (LON:BHR) says it is confident of securing an initial allocation by the end of the year to transport its coal on the Sena rail line. It said that formal negotiations have now...
View ArticleBeacon Hill Resources hires Rowan Karstel to lead coal business
Beacon Hill Resources (LON:BHR) today unveiled the appointment of Rowan Karstel, who will initially take charge of the coal division before becoming managing director of the entire group. This wider...
View ArticleBeacon Hill's new industry specialist bolsters firm's expertise, says broker
The hiring of coal industry specialist Rowan Karstel has bolstered Beacon Hill Resources' (LON:BHR) expertise in Southern Africa as it expands its Minas Moatize coal operation in Mozambique. So says...
View ArticleBeacon Hill Resources highlights rail allocation as top priority
Beacon Hill Resources (LON:BHR) says its top priority remains securing the rail allocation on the Sena rail line in Mozambique “as soon as possible”. The company’s chairman Justin Lewis said the...
View ArticleBeacon Hill confirms Karstel as managing director
Mozambique-focused coal miner Beacon Hill Resources (LON:BHR) has confirmed the appointment of Rowan Karstel as managing director, adding he will take over overall responsibility for operations with...
View ArticleBeacon Hill Resources' £3m cash injection will fund wash plant upgrade
Mozambique focused coal miner Beacon Hill Resources (LON:BHR) said it is issuing £3 million of convertible loan notes. This will fund the group through to the completion of the wash plant upgrade at...
View ArticleUPDATE: Beacon Hill Resources new MD targets low cost route to production for...
---ADDS BROKER COMMENT, SHARE PRICE--- Beacon Hill Resources’ (LON:BHR) new managing director Rowan Karstel has hit the ground running with a review of the company’s Minas Moatize coal mine in...
View ArticleBeacon Hill Resources new MD targets low cost route to production for...
Beacon Hill Resources’ (LON:BHR) new managing director Rowan Karstel has hit the ground running with a review of the company’s Minas Moatize coal mine in Mozambique that slashes the capital costs...
View ArticleBeacon Hill Resources ups Minas Moatize coal resource by 31%
Beacon Hill Resources (LON:BHR) has lifted its JORC compliant resource for the Minas Moatize coal mine in Mozambique by around a third. The firm said the resource had risen by 31% to 86.8 million...
View ArticleBeacon Hill Resources' upgrade could add two years to operation, says Canaccord
The new resources announced today at Beacon Hill Resources' (LON:BHR) Minas Moatize coal mine in Mozambique could add at least two years to the operation, reckons broker Canaccord. The firm has...
View ArticleBeacon Hill approaching two "major milestones", says Canaccord
---updates with broker comment---- Two "major milestones" are fast approaching Beacon Hill Resources (LON:BHR), says broker Canaccord, after the mining firm unveiled a quarterly update today....
View ArticleBeacon Hill Resources ties up rolling stock deal ahead of rail link...
Beacon Hill Resources (LON:BHR) has completed a lease agreement for railway rolling stock to carry coal to the Port of Beira, with first shipments pencilled in for the autumn. The coal miner said the...
View ArticleBeacon Hill Resources shares surge as ties up Mozambique rolling stock deal
Beacon Hill Resources' (LON:BHR) shares surged over 20% today after it unveiled an "important milestone" in its railed coal export operations. It has completed a lease agreement for railway rolling...
View ArticleBeacon Hill Resources hails "quantum step" as it gains access to Mozambique...
Beacon Hill Resources (LON:BHR) has brokered a deal that will allow it to transport 500,000 tonnes of coking coal a year along the Sena rail line to the port Beira in Mozambique. The interim rail...
View ArticleUPDATE: Beacon Hill Resources hails "quantum step" as it gains access to...
-- adds detail, broker comment-- Beacon Hill Resources (LON:BHR) steamed ahead as a slot was confirmed on the upgraded rail link from its Minas Moatize coal mine in Mozambique to port. The deal will...
View ArticleBeacon Hill focused on new washplant and infrastructure
Construction and commissioning of a new wash plant to produce coking coal will be the next value trigger at its Mozambique coal mine, Beacon Hill Resources (LON:BHR) said today. Coking coal production...
View ArticleBeacon Hill's rail allocation yet to be acknowleged by market - Canaccord
Beacon Hill Resources' (LON:BHR) securing of a rail allocation in Mozambique to transport its coal has not been fully taken onboard by the market, says broker Canaccord. It says the allocation on the...
View ArticleBeacon Hill Resources Plc to raise up to US$25 million
Beacon Hill Resources Plc (ASX: BHU) is preparing to announce placement of ordinary shares, and CDIs representing ordinary shares, with the ASX granting the company a trading halt this morning - with...
View ArticleBeacon Hill Resources outlines plans to raise up to US$25mln
Beacon Hill Resources (LON:BHR) has unveiled plans to raise between US$15mln and $25mln from investors via a share placing. The cash call, which will be done in two tranches, will be used to fund the...
View ArticleBeacon Hill Resources names Pelham as major new investor
Beacon Hill Resources (LON:BHR) has received a vote of confidence for its Minas Moatize coking coal project in Mozambique, in the form of a support of a long term financial investor. Pelham Investments...
View ArticleBeacon Hill Resources: Full steam ahead for cashed up miner as it targets...
An ambitious cash call by Mozambique-focused coking coal producer Beacon Hill Resources (LON:BHR) will bring in US$21mln that substantially de-risks the company. Proceeds from the share placing came in...
View ArticleBeacon Hill Resources commissions Minas Moatize wash plant as makes...
Mozambique coal miner Beacon Hill Resources (LON:BHR) is powering ahead on all fronts as it begins commissioning the Minas Moatize wash plant. This step means that coking coal production can begin with...
View ArticleUPDATE: Beacon Hill Resources approaching first production milestone
---ADDS BROKER COMMENT AND SHARE PRICE--- Mozambique coal miner Beacon Hill Resources (LON:BHR) is fast approaching first production of coking coal at its Minas Moatize project. Commissioning for...
View ArticleUPDATE: Beacon Hill Resources produces first coking coal at Minas Moatize
---Adds broker comment and share price--- Beacon Hill Resources (LON:BHR) has produced its first batches of coking coal following the commissioning of the new Minas Moatize wash plant, the firm said at...
View ArticleBeacon Hill Resources boost from Canaccord
Beacon Hill Resources’ (LON:BHR) interim results prompted Canaccord Genuity to repeat its ‘buy’ rating and 7p a share price target for the Mozambique-focused coal miner. The figures, largely academic...
View ArticleBeacon Hill advances expansion plans to fend off low coal prices
Beacon Hill (LON:BHR) intends to move as swiftly possible to progress the next stage of the Minas Moatize coal mine expansion. To facilitate this, the company is cut back on its current operations and...
View ArticleUPDATE - Beacon Hill transformation edges closer as locomotives are completed
Beacon Hill Resources (LON:BHR) is a step closer to being able to use the rail line from its Minas Moatize coking coal operation in Mozambique following the completion of five purpose built...
View ArticleBeacon Hill focused on funding for wash plant expansion
Coal miner Beacon Hill Resources’ (LON:BHR) focus this year will be to secure a senior debt facility to progress its wash plant expansion at the Minas Moatize mine. The Mozambique-based miner said...
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