Mining
How Vesuvius (LON:VSVS) Manages Debt with Caution
December 24, 2024 08:41 AM GMT| By Team Kalkine MediaHighlights,Vesuvius (VSVS) has manageable debt levels, with a low net debt to EBITDA ratio.,The company’s ability to cover interest expenses is strong, with a high interest coverage ratio.,Free cash flow conversion remains a concern despite reasonabl...
Rockfire Resources (LON:ROCK) Sees 1.9% Uptick Amid Increased Trading Activity
December 23, 2024 10:13 AM GMT| By Team Kalkine MediaHighlights,Rockfire Resources (ROCK) stock up by 1.9% during recent trading.,Trading volume surged 74% above average, indicating heightened market interest.,The company focuses on mineral exploration in Australia and Greece.,Rockfire Resources (LON:R...
Hummingbird Resources Faces Financial Crisis, Urges Shareholders to Accept Nioko Offer
December 23, 2024 10:07 AM GMT| By Team Kalkine MediaHighlights:,Financial Struggles Deepen:,Hummingbird Resources warns of imminent insolvency without shareholder approval for Nioko's buyout offer.,Operational Challenges:,Kouroussa and Yanfolila mines face significant issues requiring extensive invest...
Kodal Minerals Accelerates Bougouni Lithium Mine Construction Amid Positive Developments
December 23, 2024 10:07 AM GMT| By Team Kalkine MediaHighlights:,Construction Progress at Bougouni:,Structural steel work advances as all major buildings, including the DMS and crushing modules, take shape following a prolonged wet season.,Offtake Agreement Negotiations:,Kodal Minerals and Hainan are i...
Haydale gains limelight today. Here's why.
December 23, 2024 08:06 AM GMT| By Team Kalkine MediaHighlights,Strategic Focus:,Haydale will concentrate on high-potential areas like carbon reduction, heating products, and carbon capture, while streamlining operations.,Commercialisation Efforts:,Focus will shift to key business lines, including unde...
Kodal Minerals Records £1,486,000 loss in H1 FY2024
December 23, 2024 07:56 AM GMT| By Team Kalkine MediaHighlights,Operational Progress:,Construction of the Stage 1 Dense Media Separation (DMS) processing plant at the Bougouni Lithium Project in Mali is nearing completion, with first production expected in Q1 2025.,Government Agreement:,A binding memor...
Kodal Minerals Advances Bougouni Lithium Project in Mali, On Track for 2025 Production
December 20, 2024 08:24 AM GMT| By Team Kalkine MediaHighlights,2025 Production Target:,The Bougouni Lithium Project remains on track to begin production in Q1 2025, staying within the $65 million budget.,Infrastructure Advancements:,Major progress includes the commissioning of the first crushing circu...
Griffin Mining (LON:GFM) Stock Surpasses 200-Day Moving Average, Reflecting Positive Momentum
December 19, 2024 02:14 PM GMT| By Team Kalkine MediaHighlights,Griffin Mining (LON:GFM) shares recently surpassed their 200-day moving average.,The stock has gained 2.1% with a volume of 36,443 shares traded.,The company maintains strong financial ratios with a solid debt-to-equity ratio of 0.25.,Grif...
Insider Activity at SigmaRoc plc (LON:SRC) Signals Confidence Amidst Market Movement
December 19, 2024 02:07 PM GMT| By Team Kalkine MediaHighlights,Insider purchase,David Barrett, an insider at SigmaRoc (SRC), bought 85,000 shares on December 18.,Stock performance,SigmaRoc’s stock opened at GBX 72.20, with a 50-day moving average of GBX 75.60.,Strong market presence,The company has a...
Ora Banda Mining Hits Key Milestone with First Ore at Sand King Underground Mine
December 19, 2024 10:22 AM GMT| By Team Kalkine MediaHighlights:,First Ore Achieved:,Sand King Underground mine intersects first ore, just four months after establishing the portal.,High-Grade Results:,Grade control drilling confirms high-grade ore, with intersections including 3.5m at 13.7 g/t gold.,P...
Global Coal Demand Hits Record High Amid Energy Supply Challenges
December 18, 2024 04:17 PM GMT| By Team Kalkine MediaHighlights:,Global coal consumption in 2024 is forecast to reach a record 8.77 billion tonnes due to lingering gas supply issues.,Increased demand in China and India is offsetting declining usage in the US and Europe.,Renewable energy expansion is pr...
Hardide PLC Secures Major Aerospace Contract, Boosting Long-Term Revenue Prospects
December 18, 2024 04:17 PM GMT| By Team Kalkine MediaHighlights:,Hardide PLC signs a 10-year supply agreement with a key aerospace customer for coating cargo door components.,The contract is projected to add £0.5 million in revenue this year, contributing £6m to £8m over a decade.,Hardide’s tungsten-ca...
Ferrexpo (LON:FXPO) Surpasses Key Technical Level, Showing Strong Market Activity
December 18, 2024 02:55 PM GMT| By Team Kalkine MediaHighlights,Ferrexpo (FXPO) stock crosses above the 200-day moving average, reflecting positive market momentum.,Strong liquidity metrics with a current ratio of 2.11 and a quick ratio of 2.20.,Operates major iron ore mining and processing facilities...
Wynnstay Group (LON:WYN) Stock Faces Minor Decline Amid Increased Trading Volume
December 18, 2024 02:18 PM GMT| By Team Kalkine MediaHighlights,Wynnstay Group's stock drops by 0.8%, closing at GBX 305.,Insider Claire Williams sells 6,575 shares, valued at approximately £20,053.,The company's market cap stands at £70.15 million, with a P/E ratio of 1,220.00.,Wynnstay Group Plc (LON...
Kenmare Resources (LON:KMR) Shares Slip After Crossing 200-Day Moving Average
December 18, 2024 02:10 PM GMT| By Team Kalkine MediaHighlights,Stock surpasses 200-day moving average,Kenmare Resources (KMR) traded above its 200-day moving average of GBX 336.56 before closing lower.,Session closes with a 4.8% decline,Shares dropped to GBX 320, despite reaching an intraday high of G...
Technology Minerals Soars on Black Mass Deal with Glencore
December 17, 2024 05:27 PM GMT| By Team Kalkine MediaHighlights:,Black Mass Offtake Secured:,Recyclus Group, a subsidiary of Technology Minerals, signed a black mass supply agreement with Glencore.,Strategic Industry Milestone:,The deal boosts Technology Minerals' position in the growing battery recycl...
Technology Minerals Surges After Recyclus Secures Black Mass Offtake Deal with Glencore
December 17, 2024 05:27 PM GMT| By Team Kalkine MediaHighlights:,Strategic Agreement Signed:,Recyclus Group partners with Glencore to supply black mass from its Wolverhampton facility.,European Market Access:,The deal provides a direct gateway to Glencore’s European operations for recycled battery mate...
Technology Minerals' Recyclus Group Secures Black Mass Offtake Deal with Glencore
December 17, 2024 05:27 PM GMT| By Team Kalkine MediaHighlights:,Key Partnership Secured:,Recyclus Group signs a black mass offtake agreement with Glencore for European supply.,Strategic Trial Phase:,The deal begins with a 100-tonne trial, with commercial terms to follow.,Market Expansion:,Agreement co...
Standard Industries Pushes for Strategic Overhaul at Johnson Matthey
December 16, 2024 03:36 PM GMT| By Team Kalkine MediaHighlights:,Standard Industries Calls for Action:,Major shareholder urges a full review of Johnson Matthey's business strategy, advocating for potential sales of assets or the entire company.,Focus on Underperformance:,Johnson Matthey’s hydrogen tech...
METLEN Energy & Metals Pursues Dual Listing on London Stock Exchange
December 16, 2024 03:36 PM GMT| By Team Kalkine MediaHighlights:,Strategic London Listing Announced:,METLEN Energy & Metals begins the process for a primary listing on the London Stock Exchange while maintaining a secondary listing in Athens.,Valuation and IPO Prospects:,With an approximate valuation o...