Deutsche Rohstoff AG: Current state of corporate development and outlook for 2013
Heidelberg. Approaching the end of 2012, Deutsche Rohstoff AG (DRAG) gives an overview of the key developments of the group and it's subsidiaries as well as an outlook for the year 2013:
Deutsche Rohstoff AG/Holding
The board framed different targets for DRAG and [...]
Deutsche Rohstoff AG: Sale of Georgetown Goldmine completed FIRB approval and AUD 10 million initial payment received
Heidelberg/Brisbane. Deutsche Rohstoff AG is pleased to report that the sale of its Georgetown Goldmine in North Queensland, Australia, has been completed today. The outstanding approval of the Australian Foreign Investment Review [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Deutsche Rohstoff AG: Tekton Energy reports successful drilling and first production of new wells Nine out of nine drilling success/Six wells already producing/Oilprice hedged at 90 USD
Denver/Heidelberg. Deutsche Rohstoff AG's (DRAG) US-Oil subsidiary Tekton Energy reported today that it has finished drilling on its Frye Farms drilling pad. Three [...]
