News

July 15, 2010

Frontier Mining Moves To Initial Gold Production In Kazakhstan, And Is Getting Close To A Breakthrough On Its Copper Project Too

By Rob Davies

These days a £50 million market capitalisation is a very respectable size for a junior mining company. Even so, the publication of not one but two 16 page reports on a company suggests that the established brokers who produced them believe there is more to Frontier Mining than is obvious at first glance.

Both, unsurprisingly, rate the stock as a “Buy” and put forward cogent arguments as to why. Chief executive and chairman of the board Erlan Sagadiev was in London when these reports were brought to the attention of Minews, and he very kindly took time to give us a quick update. In a nutshell, everything is going according to plan, and Frontier will be a fully operational junior copper and gold mining company next year. The reason for the brokers’ notes and for Mr Sagadiev’s visit to London...