Gulf Manganese Corporation Limited

11/02/2020

Gulf ore supply to start in Feb (news via Mining Weekly)

ASX-listed Gulf Manganese was expecting first manganese ore at its Kupang smelting facility, in Indonesia, during this month. The company in November of last year rejected an initial 100 t parcel of high-grade manganese from Sulawesi-based PT Arfa Indo Sarana, after the ore failed to meet the requir...

10/02/2020

Gulf Manganese is pleased to provide the following update on recent developments regarding the Company’s Indonesian subsidiary PT Gulf Mangan Grup’s high-grade procurement strategy.

Read more:https://www.asx.com.au/asxpdf/20200210/pdf/44dyppmvh2b6ym.pdf

31/01/2020

Gulf Manganese is pleased to provide shareholders with its Quarterly Activities Report for the period ended December 31, 2019.

Read more:https://www.asx.com.au/asxpdf/20200130/pdf/44dm4q9zgyfbgh.pdf

28/01/2020

Update on Gulf Refinancing: Gulf has been advised by Glacier International Depository Ltd, as facilitator to the Structured Loan Facility, that the anticipated closing date for the transaction is now 5 February 2020.https://www.asx.com.au/asxpdf/20200128/pdf/44djrvrg9ckc02.pdf

22/01/2020

Gulf Manganese is pleased to announce that it has agreed to place 25,000,000 GMC shares at an issue price of $.0064 to Acuity Capital for a total raise of A$160,000.

Read more:https://www.asx.com.au/asxpdf/20200121/pdf/44ddwpjzk2ntc3.pdf

13/01/2020

Q: Just finally, can you give us a run down of the current manganese market in terms of pricing and demand and how will the announcement advance discussions with potential offtakers?

FULL AUDIO: https://soundcloud.com/user-246928730/episode-71-gulf-manganese-managing-director-hamish-bohannan

Investor Stream

13/01/2020

Q: What's the plan in Timor Leste?

FULL AUDIO: https://soundcloud.com/user-246928730/episode-71-gulf-manganese-managing-director-hamish-bohannan

Investor Stream

13/01/2020

Q: Can you detail exactly what the funding is going to be used for?

FULL AUDIO: https://soundcloud.com/user-246928730/episode-71-gulf-manganese-managing-director-hamish-bohannan

Investor Stream

13/01/2020

Q: So you have flagged that US$13m will be drawn down to complete construction of the first two smelters at Kupang. What's the priority?

FULL AUDIO: https://soundcloud.com/user-246928730/episode-71-gulf-manganese-managing-director-hamish-bohannan

Investor Stream

13/01/2020

Q: Firstly, what needs to happen for this facility to be finalised and for funds to flow later this month?

FULL AUDIO: https://soundcloud.com/user-246928730/episode-71-gulf-manganese-managing-director-hamish-bohannan

Investor Stream

13/01/2020

Gulf Manganese Managing Director Hamish Bohannan joins Investor Stream following the news that Gulf secured a loan facility worth approximately A$82 million to complete its Kupang Smelting Hub construction program.

Hamish details where the funds will be deployed, provides an update on operations in Timor-Leste and discusses the current manganese market situation.

LISTEN HERE: https://soundcloud.com/user-246928730/episode-71-gulf-manganese-managing-director-hamish-bohannan

Gulf Manganese (ASX:GMC) Managing Director Hamish Bohannan joins Investor Stream following the news that Gulf secured a loan facility worth approximately $82 million Australian dollars to complete its

09/01/2020

“We now have ample capacity to fast track high-impact mining and exploration programs targeting Indonesia’s abundance of high-grade manganese ore deposits.” - Gulf Managing Director Hamish Bohannan (via Australian Mining Review)

GULF Manganese (ASX: GMC) has inked a deal securing necessary funds to construct and commission the first of two smelters at the Kuapang smelting hub in West Timor, Indonesia. The company executed a binding term sheet for the establishment of a €52m structured loan facility with Glacier Internatio...