Mining Eye

Ins and outs of the AIM mining universe

  • Share

Value of AIM mining universe and as % of all AIM, 2004–2012


Value of AIM mining universe and as % of all AIM, 2004–2012

Source: EY analysis of AIM market statistics; market values as at quarter-end

AIM mining admissions and delistings since 2006


AIM mining admissions and delistings since 2006

Source: EY analysis of AIM market statistics; includes placings, introductions and readmissions; excludes transfers to and from Main Market

Our AIM universe of mining and mining-related companies grew with four new entrants and just one exit in Q4. We expect a steady flow of newcomers and leavers as small-scale IPOs succeed and M&A activity and market conditions lead to others exiting.

Admissions

  • Sula Iron & Gold, an iron ore and gold exploration company focussed in Sierra Leone, raised £1.15m, joining AIM with a market capitalisation of £7m. Funds will help to advance its license area in the Sula Mountain Range in Sierra Leone.
  • Centurion Resources, a natural resource company focused on exploring and developing copper assets in Austria, raised £1m. Shareholders were advised substantial additional future capital would be needed to fund the development of its Mitterberg Copper Exploration licenses.
  • EastCoal, focused on coal in Ukraine, was admitted to AIM in December 2012.
  • Premier African Minerals, a multi-commodity natural resource asset developer with mineral projects in Western and Southern Africa, joined AIM in December, raising £1.5m.



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