Edition:
India

IRC Ltd (1029.HK)

1029.HK on Hong Kong Stock

0.08HKD
16 Nov 2018
Change (% chg)

HK$-0.00 (-1.19%)
Prev Close
HK$0.08
Open
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Day's High
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Volume
1,832,000
Avg. Vol
13,714,972
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HK$0.28
52-wk Low
HK$0.07

Latest Key Developments (Source: Significant Developments)

IRC Ltd Qtrly K&S Production And Sale Volumes Increased By 31 Pct And 39 Pct Respectively
Friday, 26 Oct 2018 

Oct 26 (Reuters) - IRC Ltd <1029.HK>::QTRLY K&S PRODUCTION AND SALE VOLUMES INCREASED BY 31% AND 39% RESPECTIVELY.  Full Article

Petropavlovsk Notes IRC's Announcement On Delay Of Loan Repayment
Friday, 19 Oct 2018 

Oct 19 (Reuters) - Petropavlovsk PLC ::IRC ANNOUNCES UPDATE ON TEMPORARY BRIDGE LOAN.NOTES ANNOUNCEMENT MADE TODAY BY IRC LTD ABOUT DELAY OF ABOUT 2 MONTHS IN REPAYMENT OF TEMPORARY BRIDGE LOAN ADVANCED BY CO TO IRC.CONFIRMS IT WILL NOT EXERCISE ITS RIGHT TO DEMAND REPAYMENT OF LOAN PROVIDED THAT ALL AMOUNTS ARE REPAID IN FULL BY DEC 20.CONFIRMS IT WILL NOT EXERCISE ITS RIGHT TO DEMAND REPAYMENT OF LOAN PROVIDED THAT IRC IS TO PAY A FEE EQUIVALENT TO US$200,000.  Full Article

IRC Updates On Temporary Bridge Loan
Friday, 19 Oct 2018 

Oct 19 (Reuters) - IRC <1029.HK>::SAYS "POKROVSKIY MINE" (THE LENDER) HAS CONFIRMED THAT IT WILL NOT TAKE ANY ACTION OR EXERCISE ITS RIGHT TO DEMAND REPAYMENT OF THE BRIDGE LOAN ON 20 OCTOBER 2018 UNDER CERTAIN CONDITIONS.ALL AMOUNTS OWING UNDER THE BRIDGE LOAN SHOULD BE REPAID IN FULL BY DECEMBER 20.ANY INTEREST THAT HAS ACCRUED ON OR PRIOR TO OCTOBER 20 SHOULD BE PAID IN FULL BY OCTOBER 20 AND ANY INTEREST ACCRUING AFTER OCTOBER 20 SHOULD BE PAID ON THE LAST DAY OF EACH MONTH PRIOR TO DECEMBER 20.THE COMPANY PAYS AN APPROVAL FEE IN RUSSIAN ROUBLES EQUIVALENT TO $200,000 TO THE LENDER IN CONSIDERATION FOR THE WAIVER OF THE LENDER’S RIGHTS AS SET OUT ABOVE.  Full Article

IRC Ltd Says Bank Granted Approval To Enter Into Agreements For $240 Mln Facility For Unit
Monday, 24 Sep 2018 

Sept 24 (Reuters) - IRC Ltd <1029.HK>::BANK GRANTED APPROVAL SUBJECT TO ENTRY INTO LEGALLY BINDING AGREEMENTS FOR A NEW US$240 MILLION FACILITY TO BE PROVIDED TO UNIT LLC KS GOK.  Full Article

Irc Updates on ICBC Project Finance Facility
Thursday, 21 Jun 2018 

June 21 (Reuters) - IRC Ltd <1029.HK>::ICBC TO GRANT WAIVERS TO GROUP IN RESPECT OF A US$340 MILLION PROJECT FINANCE FACILITY BETWEEN CO'S UNIT AND ICBC.AFTER TRADING HOURS, ICBC INFORMED COMPANY THAT ALL CONDITIONS PRECEDENT HAVE BEEN FULFILLED, AND WAIVERS ARE NOW EFFECTIVE.  Full Article

IRC Says ICBC Granted Waivers Regarding Group's Project Finance Facility
Wednesday, 20 Jun 2018 

June 20 (Reuters) - IRC Ltd <1029.HK>::GROUP HAS BEEN IN DISCUSSIONS WITH INDUSTRIAL AND COMMERCIAL BANK OF CHINA LTD ON WAIVERS IN RESPECT OF GROUP'S PROJECT FINANCE FACILITY WITH ICBC.ICBC HAS INFORMED COMPANY THAT WAIVERS HAVE BEEN GRANTED, SUBJECT TO FULFILMENT OF CERTAIN CONDITIONS PRECEDENT.  Full Article

IRC Sales Volumes In Q1 Up 53 Pct
Tuesday, 24 Apr 2018 

April 24 (Reuters) - IRC Ltd <1029.HK>::PRODUCTION VOLUMES IN 1Q 2018 INCREASED BY 51 PERCENT COMPARING WITH SAME PERIOD LAST YEAR.SALES VOLUMES IN 1Q 2018 INCREASED BY 53 PERCENT COMPARING WITH SAME PERIOD LAST YEAR.QTRLY IRON ORE CONCENTRATE SALES 490,972 TONNES VERSUS 321,886 TONNES.IRON ORE CONCENTRATE QTRLY PRODUCTION 478,816 TONNES VERSUS 316,770 TONNES .  Full Article

IRC ‍Ltd Says Jay Hambro To Retire As Chairman​
Friday, 5 Jan 2018 

Jan 5 (Reuters) - IRC Ltd <1029.HK>::‍JAY HAMBRO HAS ANNOUNCED HIS INTENTION TO RETIRE AS CHAIRMAN​.DANIEL BRADSHAW HAS BEEN APPOINTED AS DEPUTY CHAIRMAN OF COMPANY.  Full Article

IRC Ltd says qtrly iron ore concentrate production rose 23 pct on prior qtr
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - IRC Ltd <1029.HK>::Quarterly iron ore concentrate production and sales increased 23% and 20%, respectively compare to last quarter​.  Full Article

IRC announces Russian Governmental Support for new mining educational programmes
Tuesday, 27 Jun 2017 

June 27 (Reuters) - Irc Ltd <1029.HK>:New mining educational programmes, initiated jointly by IRC and Federal Government of Russia, have been launched.  Full Article