Mining
Barclays Downgrades Premier Inn Owner Whitbread on Cost Concerns
November 15, 2024 09:25 AM GMT| By Team Kalkine MediaHighlights:,Barclays Downgrade,:,Whitbread’s rating was cut from ‘overweight’ to ‘equal weight’ by Barclays due to,anticipated,higher costs.,Budget Impact,:,Rising,labour,costs linked to recent Budget changes are expected to pressure Whitbread’s abil...
Gold Prices Tumble as US Interest Rate Outlook and Profit Taking Pressure Precious Metal
November 15, 2024 09:00 AM GMT| By Team Kalkine MediaHighlights:,Gold Prices Drop Sharply,:,Gold slid from US$2,685 to US$2,569 per ounce this week, its lowest since mid-September.,Fed Signals Rate Pause,:,Federal Reserve,Chairman,Jerome Powell,indicated,a cautious approach to further interest rate cut...
BHP Wins Legal Victory in Brazil but Faces Ongoing Global Challenges Over Samarco Disaster
November 15, 2024 09:00 AM GMT| By Team Kalkine MediaHighlights:,Court Acquittal,:,BHP, Vale, and Samarco were cleared of criminal and environmental charges by a Brazilian court in the Samarco dam collapse case.,UK Class Action Proceeds,:,Despite the acquittal in Brazil, a $70 billion class action laws...
Itaconix Partners with Bonals Technologies to Launch Eco-Friendly Detergent Tablets in North America
November 14, 2024 08:36 AM GMT| By Team Kalkine MediaHighlights:,Strategic Partnership,: Itaconix collaborates with Bonals Technologies to develop sustainable detergent tablets for North American markets.,Expansion of SPARX Initiative,: The partnership aligns with Itaconix’s SPARX programme, aiming to...
UK Government Sets Legislative Ban on New Coal Mining Projects
November 14, 2024 08:36 AM GMT| By Team Kalkine MediaHighlights:,New Coal Mining Ban,: The UK government plans to ban licensing of all new coal mining projects, marking a major policy shift towards phasing out coal power.,Coal Phase-Out Milestone,: The UK's last coal-fired power station was shut down r...
Kodal Minerals On Track for Q1 2025 Production at Bougouni Lithium Project
November 14, 2024 08:36 AM GMT| By Team Kalkine MediaHighlights:,Bougouni Lithium Mine to Begin Production Q1 2025,: Kodal Minerals targets a first-quarter start date despite minor delays and recent industry concerns in Mali.,Hainan Partnership and Payment Dispute,: Disputes over payment responsibiliti...
Global Petroleum Expands Exploration at Juno with Promising Aeromagnetic Survey Results
November 14, 2024 07:19 AM GMT| By Team Kalkine MediaHighlights,New Aeromagnetic Data,: High-resolution data confirms the size and intensity of the Juno magnetic feature.,Focus on Intrusion-Related Gold Systems,: Targeting gold and copper deposits akin to Havieron and Telfer.,Planned Follow-Up Work,: A...
Power Metal Resources and UCAM Ltd Joint Venture Expands Uranium Exploration in Saskatchewan
November 13, 2024 02:28 PM GMT| By Team Kalkine MediaHighlights,JV to accelerate exploration on Badger Lake, near Arrow and Triple R uranium deposits.,New airborne geophysical and Ambient Noise Tomography (ANT) surveys to start mid-November.,Multi-hole drilling planned for early 2025.,Power Metal Resou...
Helix Exploration Completes Drilling at Darwin #1 Well in Montana with Significant Helium Finds
November 13, 2024 02:26 PM GMT| By Team Kalkine MediaHighlights,Drilling completed at Darwin #1 well in Rudyard, Montana.,Reached a depth of 5,488 feet with promising helium shows across multiple horizons.,Helium levels peaked at 1,312 ppm, with substantial 330-foot gross pay zone.,Helix Exploration (L...
What’s Behind Endeavour Mining’s Recent Stock Decline?
November 13, 2024 10:08 AM GMT| By Team Kalkine MediaHighlights,Endeavour Mining plc,(LON:EDV),saw a decrease in trading value on Tuesday.,The company's shares experienced a notable volume increase, reaching higher-than-average trading activity.,This recent movement follows a recent closing price of GB...
Panthera Resources Moves Towards Strategic Restructuring with New Convertible Loan Notes
November 13, 2024 12:00 AM GMT| By Team Kalkine MediaHighlights:,Convertible Loan Notes Issued:,Panthera Resources secures US$250,000 through unsecured convertible loan notes (CLNs) for potential restructuring of West African gold assets.,Sophisticated Investors Back Funding:,The CLNs are funded by ind...
Sovereign Metals Completes Successful Kasiya Trials, Shifts Focus to Sustainable Land Rehab
November 13, 2024 12:00 AM GMT| By Team Kalkine MediaHighlights:,Successful Mining Trials Completed:,Sovereign Metals Ltd (ASX:sVM) has completed mining trials at the Kasiya Rutile-Graphite Project, confirming efficient mining methods for the orebody.,Global Supplier Goals:,The company aims to become a...
Fresnillo Faces Uncertainty Amid Production Challenges at Sabinas Mine
November 12, 2024 04:50 PM GMT| By Team Kalkine MediaHighlights:,●,Production Troubles at Sabinas Mine:,Fresnillo’s partner, Peñoles, reports operational difficulties affecting output at the Sabinas mine, a key site under the Silverstream Agreement.,●,Potential Adjustments to Silverstream Contract:,Dis...
Oriole Resources Confirms Significant Gold Mineralisation at Mbe Project in Cameroon
November 12, 2024 08:37 AM GMT| By Team Kalkine MediaHighlights:,Infill Trenching Confirms Gold Zones:,Oriole Resources reports successful Phase 2 infill trenching at the Mbe gold project, identifying mineralised zones of up to 122m.,Mineralised Corridors Defined:,The trenching outlines two key mineral...
Mila Resources Reports Significant Gold and Copper Finds at Queensland Licences
November 08, 2024 09:03 AM GMT| By Team Kalkine MediaHighlights:,High-Grade Mineralisation:,Rock chip samples show significant gold and copper grades across Monal, Yarrol, and Mt Steadman licences in Queensland.,Rapid Progress:,The company swiftly moved from acquisition to sampling, demonstrating a com...
Great Southern Copper Secures £780,000 to Advance Chilean Exploration Efforts
November 08, 2024 08:37 AM GMT| By Team Kalkine MediaHighlights:,Strategic Investment Secured:,Great Southern Copper raised £780,000, attracting new investors and strengthening its financial position for exploration.,Focus on High-Potential Targets:,Funds will support drilling activities at the Especul...
Panthera Resources Reports Promising Drill Results at Kalaka and Bido Gold Projects
November 08, 2024 08:37 AM GMT| By Team Kalkine MediaHighlights:,Kalaka Project Success:,Significant gold intercepts were recorded, confirming a wide mineralized zone extending to 240 metres depth.,Positive Indications at Bido:,High-grade intersections identified at the Somika Hill and Beredo-Kiekouyou...
Vistry Group shares outlook for FY24 and FY25 and Impact from South Division Issues
November 08, 2024 07:51 AM GMT| By Team Kalkine MediaHighlights,Vistry expects to deliver FY24 completions of approximately 17,500 units, with adjusted profit before tax of around £300 million.,The company’s net debt is expected to significantly reduce by year-end, with a £130 million share buyback pro...
Mkango Resources Limited Placement Shares Admission Date Moved
November 08, 2024 07:40 AM GMT| By Team Kalkine MediaHighlights:,Mkango Resources announces a delay in the admission of new shares due to administrative reasons.,The 1,583,332 Placement Shares will now be admitted on or around 22 November 2024, instead of the previously scheduled 8 November 2024.,The T...
London Miners Hit by Weak China Stimulus as Market Looks for Stronger Action
November 08, 2024 12:00 AM GMT| By Team Kalkine MediaHighlights:,Disappointing China Stimulus,: Chinese government’s latest debt relief measures fail to boost market sentiment, impacting major London-listed mining stocks.,Major Miners Decline,: Antofagasta, Rio Tinto, Anglo American, and Glencore share...