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Cradle Resources owns a 50 per cent stake in the Panda Hill niobium project in Tanzania.

Juniors come to terms with changes in Tanzania

Shares in Tanzania-focused mining and exploration companies were hit again today after they revealed the full slate of planned legislative changes in the African nation, which include the Tanzanian government giving itself the right to get a 16 per cent stake in mining companies for no cost.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
thCygnus Gold
505thToro Energy-37%-19%
571stCradle Resources-46%-17%
693rdResource Mining Corporation-62%38%
751stBerkut Minerals-71%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/06/18
$6k Bought
25/05/18
$36k Bought
15/03/18
$33k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

353rd↑Cradle Resources$6k
360th-Berkut Minerals$4k
361st-Cygnus Gold$3k
363rd↓Toro Energy$3k
364th↓Resource Mining Corporation$3k
513 listed resources companies ranked by revenue.
Source: Morningstar

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