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Mining
Galliford Try Holdings (LSE:GFRD): Robust Order Book and Strategic Initiatives Point to Continued Growth
October 03, 2024 10:25 AM BST| By Team Kalkine MediaHighlights,Profit Growth,: Galliford Try reported a pre-exceptional profit before tax of £32.7 million for the year ending July 1, 2024, marking a 39.7% increase from £23.4 million the previous year.,Dividend Increase,: The company announced a final...
Premier African Minerals (LSE:PREM) Announces £550,000 Subscription
October 03, 2024 09:26 AM BST| By Team Kalkine MediaKey Points,Share Subscription,: Premier African Minerals has raised approximately £550,000 through the issuance of 1,746,031,746 new ordinary shares at a price of 0.0315 pence per share.,Strategic Options for Zulu,: The Company is exploring various s...
Green Lithium and Rio Tinto Join Forces to Enhance Lithium Supply in UK and EU
October 01, 2024 01:07 PM BST| By Team Kalkine MediaHighlights:,Rio Tinto and Green Lithium partner to develop a lithium supply chain for the UK and EU’s EV and energy storage sectors.,Green Lithium plans to build a large-scale refinery on Teesside to supply battery-grade lithium chemicals.,The collab...
Jefferies Expects Growth for Rio Tinto’s Canadian Aluminium Assets
October 01, 2024 12:46 PM BST| By Team Kalkine MediaHighlights:,Rio Tinto’s Canadian aluminium assets are considered world-class and poised for growth as North American demand is set to rise.,The company’s diversified product offerings, low-cost assets, and potential for carbon reduction enhance its m...
Sonia Scarselli Takes on Role of Executive VP of Exploration at Endeavour Mining
October 01, 2024 10:26 AM BST| By Team Kalkine MediaHighlights:,Endeavour Mining appointed Sonia Scarselli as executive vice-president of exploration, effective December.,Scarselli, joining from BHP, will lead Endeavour’s exploration programme targeting up to 17 million ounces of resources by 2025.,Wi...
Rising Gold Prices Linked to Strong Cash Flows at Pan African Resources
October 01, 2024 09:47 AM BST| By Team Kalkine MediaHighlights,Appointment of Financial Director,: Marileen Kok has been appointed as financial director of Pan African Resources, effective October 1, 2024, bringing extensive mining industry experience.,Positive Gold Market Conditions,: The company ben...
New Insights Applauded by Bradda Head from San Domingo Samples
October 01, 2024 08:32 AM BST| By Team Kalkine MediaHighlights,Bradda Head Lithium Ltd reports exceptional lithium indications from its San Domingo prospect in Arizona.,Channel samples at the Midnight Owl target revealed an intercept of 8.40 meters with 1.17% Lithium Oxide (Li2O).,A new target, Ruby S...
Anglo Asian Resumes Operations at Gedabek Gold Mine's Agitation Plant
October 01, 2024 07:59 AM BST| By Team Kalkine MediaHighlights,Anglo Asian Mining PLC resumes normal production of agitation leaching at Gedabek mine after a year-long pause.,The restart follows authorization for raising the tailing dam wall on August 5, 2024.,Production from the agitation leaching pl...
Emmerson target nudged higher by broker ahead of permit decision
September 30, 2024 10:06 PM BST| By Team Kalkine MediaHighlights:,Panmure Liberum raised Emmerson PLC's price target to 17p following progress on environmental permitting.,Emmerson expects a decision on its Khemisset Potash Project permit in Q4 2024, with an updated resource estimate to follow.,Final la...
Thor Energy Reports Strong Progress Across Uranium, Vanadium, and Copper Projects in FY2024
September 30, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,Thor Energy reported high-grade uranium and vanadium results from its Wedding Bell and Radium Mountain projects in Colorado.,The company advanced its Molyhil Tungsten-Molybdenum project in Australia through its joint venture with Investig...
Biome Technologies Secures £0.19m Contract for RF Technologies Division Upgrade
September 30, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,Biome Technologies secured a £0.19 million contract to upgrade analytical equipment for a UK-regulated industry.,The contract follows a £50,000 design phase, with most of the revenue to be recognized in 2025.,Shares in Biome Technologies...
Adriatic Metals Shows Progress at Vares Mine Despite Challenges, RBC Lowers Price Target
September 30, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,Adriatic Metals makes progress at its Vares mine despite a challenging year.,RBC lowers its price target slightly due to cost adjustments but remains optimistic about the mine's future efficiency.,The broker expects the company to see a r...
Asiamet Resources Reports Significant Progress on Indonesian Copper Projects in H1 2024
September 30, 2024 05:21 PM BST| By Team Kalkine MediaAsiamet Resources Ltd (LSE:ARS) has announced substantial progress in the first half of 2024, advancing its flagship BKM copper project in Central Kalimantan, Indonesia, and the Beutong copper-gold project. In its half-year results, the company highl...
Versarien Completes Sale of Subsidiary AAC Cyroma for £0.55m
September 30, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,Versarien sold its subsidiary AAC Cyroma to Harper Bennett for £0.55 million, payable over 16 quarterly instalments.,The sale supports Versarien’s focus on graphene technologies and its shift towards a manufacturing-light strategy.,Procee...
Gem Resources Chosen as New Name for URA Holdings to Focus on Gemstone Mining
September 30, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,URA Holdings PLC rebrands as Gem Resources Plc to reflect its focus on gemstone mining and exploration.,The company has begun production at the Gravelotte Emerald Mine and recently acquired the Curlew Emerald Mine.,Demand for ethically so...
Zulu Lithium’s Next Steps Being Mapped Out by Premier African Minerals
September 30, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,Premier African Minerals is considering a full or partial sale of its Zulu lithium project or installing an additional flotation plant.,The company faces significant debt and is evaluating funding options to restart operations if strategi...
Parys Mountain Development in Spotlight as Anglesey Mining Pursues Re-permitting
September 30, 2024 05:21 PM BST| By Team Kalkine MediaHighlights:,Anglesey Mining prioritizes re-permitting Parys Mountain with environmental and social impact assessments.,The company is consolidating decades of geological data and re-sampling historical drill cores to enhance understanding of the proj...
Critical Mineral Resources Reports Strategic Progress and Financial Improvements in H1 2024
September 30, 2024 04:54 PM BST| By Team Kalkine MediaHighlights:,Critical Mineral Resources reported reduced pre-tax losses in H1 2024, showing improved financial efficiency.,The company secured an exclusive option to acquire the Igli Project, with high-grade silver and copper results.,CMR raised £1 mi...
CleanTech Lithium Reports Progress on Laguna Verde in First Half
September 30, 2024 12:26 PM BST| By Team Kalkine MediaHighlights,CleanTech Lithium PLC advances its Pre-Feasibility Study for the Laguna Verde project and initiates a five-well resource drilling program.,The Direct Lithium Extraction pilot plant is now fully operational, producing low-impurity lithium c...
Oriole Resources Reports Positive Results from Mbe Trench Work
September 30, 2024 11:25 AM BST| By Team Kalkine MediaHighlights,Oriole Resources PLC reports encouraging trenching results from the Mbe prospect, indicating increased gold mineralization.,Best intersection recorded at 7.00m with 0.60g/t gold; additional results from trenching expected next quarter.,BCM...
