Newsroom Announcements & Media

Year 2016 Year 2015 Year 2014 Year 2013

Agreement with mineral sands processor for World’s Highest-Grade Ilmenite Project

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Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining  Bluejay Mining plc (‘Bluejay’ or the ‘Company’) PDF Version Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to announce that its wholly owned subsidiary Dundas Titanium A/S has entered into the first agreement relating […] Read more

Metallurgical Process Developments And Product Specifications For Its Ilmenite Products From Its Flagship Pituffik Project In Greenland

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“This project continues to surprise me by its continued upside. We have proven Pituffik’s ability to produce a premium, but more importantly homogenous product derived by a very efficient, simple and cost-effective process. I would like to commend our metallurgical team on the identification and design of what is an elegantly simple and very cost-effective flow sheet, which strongly positions us for commercial production.“We can now definitively design and cost the project with these essential items in place and with the continued advancement of the environmental and social work programmes we can expect an exploitation licence application placed in the next few months. Such a simple process will reduce the required capital expenditure while keeping operating costs low. Furthermore, this process plant is easily expandable due to the modular nature of the process.” Read more

Board Appointment

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We are delighted to welcome Mike to the Bluejay board. With a distinguished career spanning almost 50 years in the metals industry, Mike brings a wealth of specialised operational experience, particularly in Greenland, and an esteemed network of contacts, which will be extremely useful as we look to move through the offtake and sales process. Accordingly, this is a pivotal time for the Company, and with our 2017 work programme continuing to progress at a rapid pace, I look forward to working with Mike as we look to establish Bluejay as a revenue generative mining company. Read more

Total Voting Rights

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Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces, for the purposes of the FCA’s Disclosure and Transparency Rules, that the total issued share capital of the Company consists of 768,432,554 ordinary shares of 0.01p each ("Ordinary Shares") with voting rights. Read more

Greenland Exploration Update

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Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining Bluejay Mining plc (‘Bluejay’ or the ‘Company’) PDF Version Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to provide an update on exploration and development work currently underway at its flagship Pituffik Titanium Project […] Read more

Interim Results – Advancing the highest-grade ilmenite mineral sand project globally into production

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Our Pituffik Titanium Project in Greenland is an exceptional deposit in the heavy mineral space. The unique erosion and depositional environment has led to the formation of what is now independently verified and recognised as the highest-grade ilmenite mineral sand project globally. Having the entire resource derived from the same source rock means the ilmenite is chemically homogenous from one end of the licence to the other, a total strike length of more than 30km. Read more

2017 Work Programme Well Advanced at World’s Highest-Grade Mineral Sand Ilmenite Project Globally

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I am delighted to report that our 2017 work programme is now well advanced. With drilling started, bathymetry survey commenced, and licencing application modules such as the EIA, SIA & stakeholder engagement all progressing as stated earlier this year it was very pleasing to see the onsite team implementing and managing multiple work programmes in an efficient and effective manner Read more

SRK awarded key contracts for development of Pituffik titanium project

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SRK have a thorough understanding of our Pituffik project having produced the Maiden Mineral Resource Estimate, which underpinned the Project as the highest-grade mineral sand ilmenite project globally. It is this proven knowledge combined with their ability to deliver quality technical consultancy services on time and within budget that made them the number one choice. We are accordingly delighted to add this industry leader to our team of advisors once more as we look to define processing and development plans for the Project. With licence applications progressing, drilling to due to commence shortly and multiple studies underway to better define processing routes and support project construction, the second half of this year is going to be very productive. Read more

Approval of exploration programmes for Greenland projects

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The 2017 work programme has begun. Development plans have been on the drawing board since the completion of our 2016 season and the finalised work programme is streamlined to deliver maximum result for cost. This will be a value add second half, as we demonstrate the true scale of this very unique project. Having proven that Pituffik is the highest-grade ilmenite project globally, we will now demonstrate the size characteristic and its ultimate commercial value. Read more

Board Changes

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I am delighted to have Peter join the Bluejay Board. Having worked with the Company as a consultant for over a year, we have already benefited from his broad industry management experience as well as his extensive knowledge of the international titanium dioxide pigment industry. This is a pivotal time for the Company as we continue towards the fast-paced development of Pituffik and with a bulk sample planned for this year which is necessary to continue our end user engagement, I have no doubt that Peter’s vast knowledge, proven operating success, and extensive industry contact base will be invaluable to the commercial development of our highly valuable asset. Read more

Lodged Application for Disko Work Programme

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Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining Bluejay Mining plc (‘Bluejay’ or the ‘Company’) PDF Version Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to announce it has finalised a field programme designed to refine the Disko Nuussuaq (‘Disko’ or the […] Read more

Result of Placing

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This is a good result and we are very pleased with the interest that was shown. The offer was well covered by more than two times. We have a busy year ahead of us and with a strong institutional shareholder base we expect that this will now become a lot easier. I look forward to updating shareholders as things develop. Read more

Proposed Accelerated Bookbuild, Holdings in Company

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"I would like to thank Western Areas for their support. They have worked tirelessly to ensure the Company was well supported throughout the last several years. I am pleased with the outcome of this process, as this has led to a well-structured reorganisation of the Company’s shareholders. Most importantly, we now have a significant UK-centric institutional register, which befits the Company as we move now move into a period of prolonged growth. Read more

Successful Completion of Pre-Consultation Phase of Permitting Process

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The development of Pituffik has a limited environmental footprint due to the a small intended infrastructure, no tailings and no chemical use. This will assist greatly during the assessment of Pituffik as we move through the permitting process towards ultimate development. We will continue to update shareholders accordingly. Read more

Issue of Equity and Director Dealing

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Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that it has received notification from option holders to exercise options over a total of 1,500,000 new ordinary shares of 0.01 pence each in the share capital of the Company (the ‘New Ordinary Shares’) at a price of 7.5 pence per share. Accordingly, the Company has today issued the New Ordinary Shares to the option holders for an aggregate cash value of £112,500. Read more

Survey Confirms that Pituffik Sits Within a Significant New Ilmenite Province

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The Dundas titanium province is a new concept in the raw materials community. Bluejay has tenure over the natural pathway to the development of this newly identified titanium province through Pituffik and has the first mover advantage in this exciting region. Read more

Exploration Update, Greenland

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Pituffik has been independently proven to host the highest-grade mineral sand ilmenite project globally, and Bluejay, through its 100% owned Greenlandic domiciled subsidiary, Dundas Titanium A/S ('Dundas'), intends to fast-track the project into initial production in 2018. Accordingly, three primary work programmes are planned for the 2017 field season Read more

Pituffik Commences Permitting Phase

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We have ownership over the purest ilmenite project in the world, and therefore we are delighted to have commenced this phase which represents a milestone towards its commercialisation. We have received significant support from the government and the local Greenland population to date, given the opportunity Pituffik will provide the area, and we look forward to working with them to establish the asset as a significant operation in Greenland Read more

Pituffik Maiden Mineral Resource Estimate

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Resource Estimate confirms the worlds highest-grade mineral sand ilmenite project in Greenland. This is an important step towards commercialisation of Pituffik and the delivery of another stated objective. The maiden resource has exceeded even our expectations and represents an important step towards commercialising the Project. “The work being planned for the 2017 field season should see this resource grow exponentially. Furthermore, by removing approximately 30% of the oversize material at the dig point through screening we will be able to improve the in situ grades by 30% prior to delivery at the concentrator. This should allow for grades of over 20% ilmenite at the mineral separation level to be maintained for many years. This surpasses the conservative in-house estimates of grade and duration in our financial modeling, and when added to the fact that this material contains little to no slimes and no radionuclides and consistent ilmenite chemistry throughout the deposit we anticipate the final economics will be compelling. “2017 will be an exciting year with plenty of work streams scheduled for delivery. We will immediately look to finalise a range of work programmes, including the internal Feasibility Study, all of which are focussed towards lodging the application for exploitation. When our planning for the coming field season is complete we will update the market on this as well as provide updates on the pilot plant programme currently underway at IHC Robbins in Queensland.” Read more

Exercise of Options & Issue of Equity

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Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that it has received notification from a warrant holder to exercise warrants over a total of 1,625,000 new ordinary shares of 0.01 pence each in the share capital of the Company (the 'New Ordinary Shares') at a price of 2 pence per share, in respect of 625,000 New Ordinary Shares, and 4 pence per share in respect of 1,000,000 New Ordinary Shares. Read more

Exercise of Options & Issue of Equity

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Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that it has received notification from an option holder to exercise options over 1,333,333 new ordinary shares of 0.01 pence each in the share capital of the Company (the ‘New Ordinary Shares’) at a price of 7.5 pence per share. Accordingly the Company has today issued the New Ordinary Shares to the option holder for an aggregate cash value of £100,000. Read more

Interim Results and Change of Accounting Year End

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Advancing the Pituffik Titanium Project in Greenland towards large scale production targeted to commence in 2018 • Results continue to demonstrate uniquely high in-situ grade of the deposit, underpinning potential to be within the top percentile of projects globally with respect to heavy mineral grade – maiden resource due shortly • Delivery of a proof of concept bulk sampling programme on track for H2 2017 • Continued progress made on permitting of Pituffik – exploitation licence targeted for lodgement H2 2017 • Appointed several accomplished professionals in the ilmenite sector to advance offtake discussions and market research • Additional upside opportunity - acquired two polymetallic assets in Greenland to be advanced once Pituffik is cash flow positive: Read more

Change of Name and New Corporate Website

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Further to the announcement dated 20 February 2017, the Company is pleased to announce that it has changed its name to Bluejay Mining plc.Trading in the Company's shares under the new name will take effect from 08.00 a.m. today with the TIDM changing to JAY. The ISIN and SEDOL will not change.Read more

Result of General Meeting

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FinnAust Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that all Resolutions were duly passed at the General Meeting of the Company held earlier today. The Company has therefore exercised its option to acquire 82,560 shares of Bluejay Mining Limited ('Bluejay') (the 'Bluejay Option') representing 39.63 per cent. of Bluejay that it does not already own. Read more

Notice of attendance to PDAC conference

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FinnAust Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, is pleased to announce that its recently appointed Chief Geology Manager, Eric Sondergaard, will be attending the PDAC International Convention, Trade Show & Investors Exchange, being held in Toronto, Canada from 5–8 March 2017. PDAC is the world’s leading convention for people, companies and organisations in, or connected with, mineral exploration and finance. Read more

Total Voting Rights

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FinnAust Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that the total issued share capital of the Company consists of 622,169,499 ordinary shares of 0.01p each (‘Ordinary Shares’) with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 622,169,499 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. Read more

Exercise of Options & Issue of Equity

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FinnAust announces that it has received notification from an option holder to exercise options over 1,000,000 new ordinary shares of 0.01 pence each in the share capital of the Company (‘Ordinary Shares’) at a price of 7.5 pence per share (the ‘Option Shares’). Accordingly, the Company has today issued the Option Shares to the option holder for an aggregate cash value of £75,000.In addition, the Company has today issued 1,000,000 new Ordinary Shares at a deemed issue price of 7 pence per share in two lots of 500,000 to certain newly appointed employees as part of their agreed 2017 remuneration package in lieu of an equivalent cash amount (‘Employee Shares’). The appointment of these employees was announced to market on the 31 January 2017. Read more

Exercise of Warrants & Issue of Equity

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FinnAust Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that it has received notification from a warrant holder to exercise warrants over 1,000,000 new ordinary shares of 0.001 pence each in the share capital of the Company (the ‘New Ordinary Shares’) at a price of 2 pence per share. Accordingly the Company has today issued the New Ordinary Shares to the warrant holder for an aggregate cash value of £20,000. Read more

Exercise of the Bluejay Option, Rule 9 Waiver, Change of Name to Bluejay Mining plc and Notice of General Meeting

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FinnAust to increase interest in Bluejay to 100 per cent. Bluejay is the 100 per cent owner of the 150km2 high grade Pituffik Titanium Project located in North West Greenland. Pituffik has proven its potential to be in the top percentile of ilmenite projects in terms of heavy mineral grade. With a maiden mineral resource targeted to be published in Q1 2017, a bulk sample due later this year, and larger scale production targeted in 2018, we believe the Project offers significant value upside. It is therefore our intention, subject to shareholder approval, to increase our interest in the Project to 100 per cent. by acquiring the remaining 39.63 per cent. interest in Bluejay which we do not currently own. Being the sole owner of Pittufik will ensure that the Company benefits from maximum exposure to this highly prospective asset and will also aid future development plans by having a simplified ownership structure. Whilst we maintain additional assets in Finland, which offer further upside to our company, our primary development focus is undoubtedly on our portfolio of assets in Greenland. Accordingly, we are proposing a change of name to Bluejay Mining plc. This change is again subject to shareholder approval at a General Meeting to be held in a few weeks time. We believe the proposed change of name and exercise of the Bluejay Option will best position our company for growth. Read more

Positive Changes to Greenland Licence Obligations

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This type of consultative and cooperative approach between Government and licensee is another clear demonstration of Greenland’s commitment to, and support of, a growing minerals industry. Greenland is endowed with outstanding prospectivity, has established infrastructure and a strong rule of law. In a world where there are many examples of jurisdictions not supporting their mining industry, Greenland stands out as a country that’s open for business. Read more

FinnAust Strengthens Management Team to support the Development of the Pituffik Titanium Project

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Today’s appointments continue to demonstrate our commitment to the Project. Hans is one of the most experienced supply chain experts in this part of the world. Eric is an experienced Greenlandic operator having executed several large-scale projects prior to this. I expect their appointments to have an immediate positive impact on the work programmes currently being designed and implemented as we continue to develop Pituffik. We look forward to the maiden JORC resource for Pituffik and further additions to the team in the medium term.” Read more

Mineral sands specialist guiding the Pituffik titanium project towards commercialisation and strategic partnering.

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With a maiden JORC resource expected in the coming months ahead of bulk sampling in 2017, and metallurgical test work highlighting the potential for a commercially pure, high-grade concentrate, we remain committed to the fast-paced development of Pituffik. In support of this, we are delighted to have appointed TIGA as we look to prove up the Project’s commercial viability. Bruno’s proven experience within the mineral sands industry will be invaluable in positioning our product for sale and identifying potential end-users in order to maximise the value potential of Pittufik. We look forward to working with him to support the on-going growth of the Project. Read more

Pituffik exploration and metallurgical test work update

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2016 was a solid year for the Company, we made substantial progress in establishing the potential viability of the Pituffik Titanium Project. Focus during 2017 will turn to further significant value accretive events as Pituffik continues to demonstrate its potential to host a large & high-grade ilmenite deposit which metallurgical test work indicates has the capacity to produce a high-quality concentrate. Read more

Completion of Acquisition of Avannaa Exploration and New Licence Granted in Greenland

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Having already proven the success of our exploration model and regional understanding of Greenland through the advancement of the Pituffik Titanium project, we are delighted to have strengthened our footprint within this extremely prospective region. Our newly acquired projects complement our stated strategy of acquiring low cost, high quality assets and we believe all three offer significant upside potential. Whilst Pituffik remains our flagship project and primary exploration/development focus, with a maiden JORC resource and bulk sampling due next year, we look forward to further proving up the resource potential of these new projects in order to build value for shareholders. Disko in particular, we believe, has the potential to become a significant nickel sulphide deposit and we look forward to furthering our understanding of this asset. Read more

Year 2016 Year 2015 Year 2014 Year 2013

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