UK 10:39 Tuesday, 6 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
EMED Mining (EMED) is seeking to assemble a financing package worth at least $150 million (£100 million) to restart the historic Rio Tinto copper mine near Seville in Spain after winning final approval for its mining and restoration plan there. The AIM-quoted company is discussing funding alternatives with several groups including its three key backers, the $82 billion Dutch commodity group Trafigura Beheer, US-based Orion Mining Finance and China’s Xianguang Copper, following the favourable decision by the government of the Province of Andalusia
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Comments
wildrides
The share price is a bit scary , considering uncle Tom once tipped it saying it could do 30p on final permissions being granted . To be fair that was many years ago before Spain turned into a catatonic state with a junta steadfastly trying to maintain widespread afternoon naps and unemployment over 25% . I must admit to be a little baffled by the final 1p drop happening amidst the good news . Perhaps the anti climax . Production later this year surely makes it a punt from 4.5 pence ? Folks would have been snapping it up at that price only six months ago .