Southstone Minerals Ltd. is pleased to announce that it has entered into a binding term sheet dated 18 February 2025, with Afrium Energy Pte. Ltd. , pursuant to which Southstone has agreed to acquire all the issued and outstanding securities of Afrium , an arms-length party, . Afrium, a private Singapore corporation, is the holder of 100% of two private subsidiaries, Afrium Energy Botswana Ltd. and Copper Falcon Botswana [...]
Southstone Minerals Ltd. announces that it entered into a share purchase agreement with five arm's length parties, collectively the "Sellers", setting out the terms of an acquisition of the remaining 90% interest of the issued and outstanding shares of Padstone Pte. Ltd. a private Singaporean company. Southstone is currently a passive shareholder of Padstone, holding a minority 10% interest. Padstone, via a wholly owned [...]
VANCOUVER, BC, Jan. 10, 2024 /CNW/ - The following issues have been halted by CIRO Company: Southstone Minerals Ltd. TSX-Venture Symbol: SML All Issues: Yes Reason: Pending News Halt Time : 2:33 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Southstone Minerals Ltd. announces that it has initiated a non-brokered private placement of up to 10M units at a price of C$0.05 per unit for gross proceeds up to C$500,000 . Each unit of the Private Placement shall consist of one common share in the capital of the Company and one-half of a share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of C$0.10 [...]
Southstone Minerals Ltd. is pleased to announce that African Star Minerals Ltd. , the Company's 43% owned subsidiary, has entered into a Contract Mining and Diamond Recovery Agreement with Oryx Mining Ltd at Oena Diamond Mine , South Africa. Oryx, at its own cost and expense, will provide and maintain all the Plant and Equipment as required to perform the Mining Services. The diamonds produced by Oryx will be sold via a [...]
Southstone Minerals Ltd. is pleased to provide a production and operational update for the period 1 December 2021 to 28 February 2022 on Oena Diamond Mine located in the Republic of South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine during Q2 2022 continued with one mining contractor on site processing run of mine material. Production during Q2 was reduced due to a scheduled [...]
Southstone Minerals Ltd. is pleased to provide a production and operational update for the period 1 September 2021 to 30 November 2021 on Oena Diamond Mine located in the Republic of South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine was limited during Q1 2022 with one mining contractor on site processing both run of mine material and pan tailings and bantam material . One [...]
Southstone Minerals Ltd. is pleased to provide a production and operational update for the period 1 June 2021 to 31 August 2021 on Oena Diamond Mine located in the Republic of South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine during Q4 2021 operated with one mining contractor on site with four pan plants to process run of mine material and one Bourevestnik unit used for diamond [...]
Southstone Minerals Ltd. is pleased to provide a production and operational update for the period 1 March 2021 to 30 May 2021 on Oena Diamond Mine located in the Republic of South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine during Q3 2021 operated with one mining contractor on site with four pan plants to process run of mine material and one Bourevestnik unit used for diamond [...]
Southstone Minerals Ltd. is pleased to provide a production and operational update for the period 1 December 2020 to 28 February 2021 on Oena Diamond Mine and Farm Kareepan Mine located in the Republic of South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine during Q1 2021 operated at 38% of capacity due to holiday related breaks, COVID related matters and extremely high water in [...]
Southstone Minerals Ltd. announces that Kevin Gallagher has resigned as a director, effective immediately. The Board wishes to thank Mr. Gallagher for his many valuable contributions to the Company during his tenure as a director since his appointment in 2014 and wishes him well in the future. BOARD OF DIRECTORS OF Southstone Minerals Ltd. info@southstoneminerals.com Neither TSX Venture Exchange nor its Regulation [...]
Southstone Minerals Ltd. is pleased to provide a production and operational update for the period 1 September 2020 to 30 November 2020 on Oena Diamond Mine and Farm Kareepan Mine located in the Republic of South Africa. Oena Diamond Mine, Republic of South Africa Production at the Oena Diamond Mine during Q1 2021 operated normally. There is one mining contractor on site using four pan plants to process run of mine [...]
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