Red Rock Resources

Red Rock Resources Plc is a mineral exploration company focused on the discovery and development of gold, iron ore and other minerals. In addition to its own projects, through its shareholding and royalty interests in Jupiter Mines Limited (ASX: JMS) the Company is also committed to the pursuit of an active ‘steel feed’ strategy for consolidating large scale interests in iron ore, manganese, and prospectively coal. Red Rock Resources (AIM: RRR) listed on London’s AIM market in July 2005.

In pursuit of its goals, Red Rock Resources Plc follows varying strategies:

operating through exploration for, and exploiting of, mineral deposits,
through the acquisition and disposal of interests in actual or potential mineral deposits or companies holding them in exchange for cash, securities, or royalty and other deferred interests,
through buy-in agreements and joint ventures with such companies and,
through public offerings of securities in subsidiary or associate companies.

value proposition

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Latest Articles

Red Rock Resources: NAMA Sale Agreement Interview with the Chairman Andrew Bell

MiningMaven

Published on Monday, 03 December 2012 12:02

On Wednesday 28th November, Red Rock Resources (LON:RRR) released details of a proposal to sell part of its stake in NAMA Greenland for cash proceeds ranging from £6.5-£10million, leaving a residual stake between 14% and 30% and a gross revenue royalty of 2% (shared pro rata). That proposal puts a value on the project of around £13million, plus the royalty element. In other words 130% of the market cap at the time of the announcement, attributable to just the one project.

Red Rock Resources: Year end review interview

MiningMaven

Published on Thursday, 25 October 2012 00:00

On 19th October Red Rock Resources (LON: RRR) announced their Final Results for the year to June 2012 and Chairman Andrew Bell provided his review of what has been, by any definition, a challenging period for the company and the small cap exploration markets as whole.

In this exclusive MiningMaven podcast interview with Andrew Bell, we focus on the progress the company has made to date and discuss what has been achieved, whilst looking forward to what the year ahead holds in store for the Company and investors.

Red Rock Resources: Greenland – Route to Value

MiningMaven

Published on Tuesday, 18 September 2012 10:52

Red Rock Resources (LON: RRR) has been best known to date for the identification, assessment and disposal of its Iron Ore and Manganese interests into Jupiter Mines (ASX: JMS), the ASX listed vehicle in which Red Rock still retains a significant shareholding.

For those with shorter memories, Jupiter Mines’ was taken over in 2009 by Red Rock and their JV partners at the time, Pallinghurst Resources as a vehicle for listing Red Rock’s Iron Ore & Manganese assets.

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