MFMM Mayfair Mining & Minerals Inc featured news, full reports, and detailed charts
Mayfair Mining & Minerals Inc (MFMM/MFMM.PK) Wrap Up:
Mayfair Mining & Minerals, Inc., an exploration stage company, engages in the acquisition and exploration of mining properties. It holds interest in the Funswe River project comprising an area of approximately 70 square kilometers located within 40 kilometers of Lusaka and Kafue, Zambia; the Nansenga Stream prospect, covering an area of approximately 20 square kilometers located approximately 30 kilometers south of Kafue, Zambia. The company also owns interest in Mapatizya Concessions located near Lake Kariba, Zimbabwe; and the sapphire mining project, covering an area of 1,487 square kilometers in the Ilakaka sapphire mining district in southern Madagascar. Mayfair Mining & Minerals was fou...Mayfair Mining & Minerals Inc (MFMM:OTC)
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Market Cap
3.2M
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Total Revenue
100.2K
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EBITDA
--
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DILUTED EPS TTM
-0.24
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P/E
--
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P/S
33.9x
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Return On Asset
-287.24
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Return On Equity
-749.20
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| K = Thousands M = Millions B = Billions | ||
MFMM Top Compensated Officers
Executives, Board Directors
Key developments for Mayfair Mining & Minerals Inc (MFMM)
Mayfair Mining & Minerals Inc. announced that it has accepted the resignation of Mr. Alexander Holtermann as Chief Executive Officer and Director. Mr. Holtermann has resigned for personal reasons in order to follow his business interests in the Hong Kong financial markets.
Mayfair Mining & Minerals Inc. announced that an agreement has been reached with Shire Trading of Hong Kong for the sales and marketing of its amethyst production from the Mapatizya area of Southern Zambia. Mayfair Mining's Mapatizya Amethyst concessions, situated in the principal amethyst mining area in Zambia, encompass over 600 hectares located in the Kalomo District of Zambia, approximately 115 kilometres from Kalomo Town and 415 kilometres from Kafue. There is good infrastructure in the region and good road access to Mayfair's concessions. The concessions are contiguous to the property of Kariba Minerals, which hosts the largest amethyst-producing mine in Zambia.
Mayfair Mining & Minerals Inc., Board Meeting, Jul 21, 2009 Agenda: To consider write-off of the company's Madagascan subsidiary.
MFMM Competitors
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| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | MFMM | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 33.9x |
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| Price/Book | 6.2x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 31.5x |
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MFMM |
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MFMM transactions
| Type Date |
Target |
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Merger/Acquisition
June 29, 2009 |
Recursos Metalicos S.A. |
More Recent News About Mayfair Mining & Minerals Inc
More news for MFMM
MAYFAIR MINING & MINERALS INC Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for MAYFAIR MINING & MINERALS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for MAYFAIR MINING & MINERALS INC 16-Nov-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for info...Click here to read the whole Article (external link)
Mayfair Mining and Minerals, Inc. Reaches Sales and Marketing Agreement for Gemstone Production in Zambia
NEW YORK, Nov. 16, 2009 (GLOBE NEWSWIRE) -- Mayfair Mining & Minerals, Inc. (Pink Sheets:MFMM - News) (Frankfurt:M1M - News) (the "Company" or "Mayfair") is pleased to report that an agreement has been reached with Shire Trading of Hong Kong for the sales and marketing of its amethyst production from the Mapatizya area of Southern Zambia. Mayfair Mining's Mapatizya Amethyst concessions, situated in the principal amethyst mining area in Zambia, encompass over 600 hectares located in the Kalomo District of Zambia, approximately 115 kilometres from Kalomo Town and 415 kilometres from Kafue. There is good infrastructure in the region and good road access to Mayfair's concessions. The concessions are contiguous to the property of Kariba Minerals, which hosts the largest amethyst-producing mine in Zambia and one of the largest in the world. Mr. Tommy Wu, the Proprietor and Managing Director of Shire Trading Limited qualified as a professional gemmologist with the Gemmological Institute of America in 1974. In 1980, he established Shire Trading Limited, in Hong Kong. He has many years of experience buying rough gemstones from around the world, including Africa, Burma, Brazil, Pakistan and C...Click here to read the whole Article (external link)
Mayfair Mining & Minerals, Inc., Appoints Consultant Senior Geologist
NEW YORK, July 29, 2009 (GLOBE NEWSWIRE) -- Mayfair Mining & Minerals, Inc. (Pink Sheets:MFMM - News; Frankfurt:M1M - News; the "Company" or "Mayfair") is pleased to announce that, on July 27, 2009, Lawrence W. Snee was appointed as the Company's Senior Geologist, Gemmologist and Consultant. Dr. Lawrence W. Snee is a certified professional geologist and Qualified Person with over thirty years' experience in U.S. government, academic, and foreign mining projects. He is a specialist in field geology, petrology, geochemistry, isotope geology, structural geology, tectonics, economic geology, and the geology of world gemstone deposits, and was previously a manager of over 100 scientists, technicians, and administrative personnel in the U.S. Geological Survey. During his career, he has been a professor at Oregon State University and a research geologist with the U.S. Geological Survey. He has over 30 years of exploration and mining experience throughout the world including projects throughout North America, South America and Asia studying gemstone deposits in Afghanistan and Pakistan and conducting mineral resource studies in Afghanistan, Uzbekistan, Tajikistan, China and Australia. ...Click here to read the whole Article (external link)
MAYFAIR MINING & MINERALS INC Files SEC form 8-K, Other Events
Show all filings for MAYFAIR MINING & MINERALS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for MAYFAIR MINING & MINERALS INC 24-Jul-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not ...Click here to read the whole Article (external link)
Mayfair Mining & Minerals, Inc. Acquires Spanish Subsidiary
NEW YORK, July 14, 2009 (GLOBE NEWSWIRE) -- Mayfair Mining & Minerals, Inc. (Pink Sheets:MFMM - News; Frankfurt:M1M - News; the "Company" or "Mayfair") is pleased to announce that, on June 29, 2009, the Board of Directors unanimously approved the acquisition of Recursos Metalicos SL., a Spanish corporation ("Recursos"), which is a wholly-owned subsidiary of Cambridge Mineral Resources plc, a UK incorporated company ("Cambridge"), in a share and cash transaction. The transaction was concluded, agreed upon and executed on July 1, 2009, and closing is subject to certain conditions. The consideration being paid by Mayfair to Cambridge for 100% ownership of Recursos is 10,000,000 shares of the Company's Rule 144 restricted common stock and a cash payment of US$250,000, payable in two installments prior to August 31, 2009; the first installment of US$100,000 has already been paid. The assets of Recursos are comprised of a 100% interest in the Lomero-Poyatos and Masa Valverde polymetallic volcanic-hosted massive sulphide ( VHMS ) mining projects located in the Iberian Pyrite Belt of south-western Spain. Recursos also holds applications for two further licenses at El Alamo-Tintillo and...Click here to read the whole Article (external link)
MAYFAIR MINING & MINERALS INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements an
Show all filings for MAYFAIR MINING & MINERALS INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for MAYFAIR MINING & MINERALS INC 2-Jul-2009Entry into a Material Definitive Agreement, Financial Statements an Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All informa...Click here to read the whole Article (external link)
