Deutsche Rohstoff AG: Tin International publishes extended resource estimate for its Gottesberg tin project 25% of total resource upgraded to 'indicated' category/Initial resource estimate for copper content
Heidelberg/Brisbane. Tin International Ltd., Brisbane, Australia, in which Deutsche Rohstoff AG holds a majority stake, has released a new resource estimate for the tin project Gottesberg in the Ore Mountains in [...]
Deutsche Rohstoff AG: Dynamic growth continues in the first half of 2012 First revenues from oil and tungsten production/Equity Capital increases by 43% to EUR 44 million
Heidelberg. Deutsche Rohstoff AG published its report for the first half of 2012 today. Until 30 June 2012 the Group had an overall turnover (revenue plus other operating income) of EUR 3.7 million. The consolidated net income after minorities [...]
Deutsche Rohstoff AG: Sale agreement for Georgetown Gold Mine signed Sales price AUD 16 million (EUR 13 million) in cash
Heidelberg/Brisbane. Deutsche Rohstoff AG sold its Georgetown Gold Mine, located in North-Queensland, Australia, for AUD 16 million (EUR 13 million) in cash. The buyer is JKO Mining pty Ltd, a company based in Hamilton Brisbane, Queensland, Australia. The purchase was effected through the acquisition [...]
Deutsche Rohstoff AG sells further 15 per cent share in Rhein Petroleum Cash payment of EUR 5 million
Heidelberg. Deutsche Rohstoff AG has sold a further 15 percent of its 25 percent share in Rhein Petroleum GmbH, Heidelberg, to Tulip Oil Holding B.V., The Hague. The purchase price amounts to EUR 5 million, which is due immediately. For the remaining holding of 10 percent, Tulip Oil will cover 75% (EUR 3 million) of [...]
Deutsche Rohstoff AG: Tekton Energy reports approval of 55 wells 3D Seismic being evaluated/Further development planned
Denver/Heidelberg. Deutsche Rohstoff AG's US-Oil subsidiary Tekton Energy reported today that the Board of the town of Windsor has granted the approval to drill an additional 55 wells from 4 different drill pads. This decision combined with previous approvals will allow Tekton Energy to effectively [...]
Deutsche Rohstoff AG: Consultant confirms resource estimates for Gottesberg and Geyer tin deposits Initial drilling program successfully completed
Heidelberg. Deutsche Rohstoff AG announced in Chemnitz today, that an independent Australian expert has confirmed the resource estimate for two of the world's largest tin deposits in the Ore Mountains in Germany. The estimate is now JORC Compliant' since it complies with the [...]
Deutsche Rohstoff AG: Strong growth and record profit in 2011 Annual report is available online and as print version/Current Project Status and Outlook
Heidelberg. Deutsche Rohstoff Group has continued very strong growth in its sixth year of existence and has achieved its best result to date. With revenues totalling EUR 15.2 million, consolidated net income after minority interests amounted to EUR 10.85 million. A [...]
