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Amaroq Minerals (AMRQ LN) – Progress to secure debt funding
Blencowe Resources (BRES LN) – Bulk sample from the Orom Cross graphite project, Uganda
Jubilee Metals Group (JLP LN) – Senior appointments
Premier African Minerals (PREM LN) – Amended offtake and prepayment agreement with Canmax
Companies: JLP BRES AMRQ PREM
Anglesey Mining (AYM LN) – Final drilling results from 2022 campaign at Parys Mountain
Amaroq Minerals (AMRQ LN) – £30m fundraising
Atlantic Lithium* (ALL LN) – Latest drill results continue to extend known mineralisation at Ewoyaa
Centamin (CEY LN) – Strong quarterly performance at Sukari keeps production and cost guidance intact and passes 5moz of production milestone
Greatland Gold (GGP LN) – Grant funding for exploration drilling in the Yilgarn, WA
KEFI Gold and Copper* (KEFI LN) – Tulu
Companies: PLL ALL SGZ AMRQ AYM ORR GGP SML KRS KEFI KP2 CEY URU
Amaroq Minerals (AMRQ LN) – Amaroq shows 50% increase in average grade and 30% Increase in contained gold at Nalunaq gold mine, Greenland
Aura Energy* (AURA LN) – Submission of application for production and export of uranium from the Tiris project
Capital Limited (CAPD LN) – Expanded contract awarded at B2's Fekola Gold Mine
Chaarat Gold (CGH LN) – Fatality at Kapan Mine
Culpeo Minerals* (CPO AU) – Phase-1 drilling complete at Lana Corina
Orosur Mining* (OMI LN) – Intersection at Pepas re
Companies: AURA CAPD OMI CPO RIO AMRQ CGH
AfriTin Mining (ATM LN) – Phase 1 construction completed at the Uis mine
Altus Strategies* (ALS LN) – Altus last AIM trading day as merger with Elemental draws to completion
Amaroq Minerals (AMRQ LN) – Vehicle autonomy MoU signed
Castillo Copper (CCZ LN) – Resource development strategy for the Australian projects
East Star Resources (EST LN) – Additional licences secured in Kazakhstan
Horizonte Minerals (HZM LN) – Interim results confirm the Araguaia project remains on schedule and highligh
Companies: AMRQ HZM ALS ATM 486 EST TGR CCZ
AEX Gold (AEXG LN) – Name change to Amaroq Minerals (AMRQ)
Cornish Metals* (CUSN LN) – Valuation 48p/s – Metallurgical drilling at the South Crofty mine
Galantas Gold (GAL LN) – SP Angel named Joint Broker
Kavango Resources (KAV LN) – Acquisition of 50% of Kanye Resources
Tirupati Graphite (TGR LN) – Acquisition of TSG remains pending
Companies: GAL KAV POW AMRQ CUSN TGR
AEX Gold (AEXG LN) – Results from initial Nanoq exploration campaign and commencement of 2022 field program
Altus Strategies* (ALS LN) - BUY – Recommended offer from Elemental Royalties in all share merger of equals
Anglesey Mining (AYM LN) – Drilling results from Parys Mountain
Antofagasta (ANTO LN) – Mineral resources at the Encierro and Cachorro deposits
Condor Gold* (CNR LN) – Raising £3.25m to complete the La India feasibility study
Lynas Rare Earths (LYC AU) – $120m Pentagon contract
Companies: TLG AMRQ LYC SSW AYM ANTO CNR ALS
No joiners today.
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What’s cooking in the IPO kitchen?
AssetCo plc, intends to join re-join AIM. The Company's strategy is to develop an agile asset and wealth management company that meets the needs of investors in the 21st century by acquiring, managing and operating asset and wealth management activities and interests, together with other related services. The Company is in the process of acquiring the entire issued share capital of River and Mercantile Group
Companies: EME BDRX ERGO OGN AMRQ
AEX Gold (AEXG LN) – AEX joint ventures non-gold assets in Greenland with ACAM
Bluejay Mining* (JAY LN) – AEX joint venture raises interest in critical materials in Greenland
Pensana (PRE LN) – Pensana IP to remove radionuclides from rare earth concentrates before export from Angola
Strategic Minerals* (SML LN) – Annual result show healthy magnetite sales at Cobre
Sovereign Metals (SVML LN) – Graphite product analysis for Kasiya project
Companies: SML JAY PRE AMRQ SVML
Today's news and views, plus updates from: QLT, HSV, SHB, CSP, CNA, IMI, 1SN, EQT, RQIH, AEXG, & SAVE.
Companies: RQIH AMRQ 1SN
Capital Access Group
Dish of the day
GS Chain (GSC) has joined the Main Market (Standard). GS Chain intends to identify opportunities within the technology sector, to conduct the necessary due diligence and subsequently complete an Acquisition. The Company is direct listing 399,985,888 Ordinary Shares on the Official List. Market capitalisation at 1p is £3,999,858.88.
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What’s cooking in the IPO kitchen?
According to CITY A.M online marketplace Beauty Bay has recruited bankers to lo
Companies: NMT FPO SOLG SNT RBD FCRM HUI AMRQ
AEX Gold (AEXG LN) – Acquisition of additional exploration licences in Greenland
Arc Minerals* (ARCM LN) – Agreement with Anglo American
Caledonia Mining* (CMCL LN) – Record Q1 gold production from the Blanket mine, Zimbabwe
KEFI Gold and Copper* (KEFI LN) – Progress report on Tulu Kapi project
Largo (LGO CN) – Stronger vanadium prices lift Q1 22 earnings
Serabi Gold* (SRB LN) – Palito delivers 2022's highest monthly production in April
Sunrise Resources (SRES LN) – Correction to our comm
Companies: LGO SRES VRS KEFI SRB VEDL AMRQ ARCM
No Joiners Today.
McKay Securities has left the Official List.
What’s cooking in the IPO kitchen?
GS Chain, a company established with the purpose of undertaking acquisitions of an interest in an operating company or business in the technology sector, intends to list on the Main Market (Standard). Timing TBC.
Altona Rare Earths, the AQSE listed mining exploration company focused on the evaluation, acquisition and development of Rare Earth Elements mining projects in Africa, int
Companies: QED K3C NTOG MCON AMRQ AMC CORA
Research Tree provides access to ongoing research coverage, media content and regulatory news on Amaroq Minerals Ltd.
We currently have 47 research reports from 7
Companies: Trident Royalties Plc
Companies: Sylvania Platinum Ltd.
PetroTal is a London and Toronto-listed E&P company, holding a 100% interest in the Bretana field, onshore Peru. This delivered production of 19.0mbbl/d in Q2 2023, supporting strong cash flows for the company based on its established oil export routes, onshore cost profile and fiscal terms. On the back of these cash flows and a healthy balance sheet, PetroTal has now established returns to shareholders. As such, the stock offers a strong prospective yield of over 10%, alongside production grow
Companies: PetroTal Corp.
Companies: Pantheon Resources plc
• The US$2.7 mm cash position at the end of June is in line with our expectations.
• Although inflation across the industry and rig availability had complicated and delayed the finalization of a farm-in agreement for Anchois in Morocco, negotiations on partnering are in the final stages. A partner could be announced very soon.
• Progress has been made across the portfolio. Onshore Morocco, permitting is under way with drilling now expected to start in early 2024 with up to four wells. Prospects
Companies: Chariot Limited
Diversified reported strong interim results, with production that was marginally below our estimate more than outweighed by tight cost control to deliver EBITDA ahead of our forecast; we broadly retain our FY23 estimates.
Companies: Diversified Energy Company PLC
We initiate coverage of Bushveld Minerals (“BMN”) with a price target of GBp9/sh, implying 339% upside to the current price. BMN is a fully integrated vanadium producer that operates mines and plants in South Africa, which we estimate will produce 3,700t of vanadium in 2023E, accounting for >3% of global supply. After operational difficulties, pricing headwinds, and associated balance sheet stress led to a steep de-rating in BMN shares, we expect a rerating to be driven by growing production and
Companies: Bushveld Minerals Limited
Hannam & Partners
PetroTal has announced production numbers for July and August, maintaining full year guidance, alongside providing an operational update.
Bushveld Minerals (“BMN”) has announced that it has signed a binding term sheet with a South African investment group, Southern Point Resources (“SPR”), that should provide a strengthened balance sheet and greater financial flexibility through cumulative funding of up to US$69.5m-US$77.5m. As part of the funding package, BMN will sell down 50% of its interest in the Vanchem plant and its 64% interest in the Mokopane deposit for a total consideration of US$25m. In our view, this package represent
Jersey Oil & Gas released its interim results for the period ended 30 June 2023 indicating that it had a period-end cash position of £5.6M, with no debt. The company stated that further cash receipts amounting to $9.4M will be due on completion of the FPSO acquisition agreement and $12.5M on Buchan FDP approval (from NEO Energy, pursuant to the farm-out agreement).
Companies: Jersey Oil & Gas PLC
The quality of CAML’s asset base came to the fore yet again in H1 2023 as the group maintained an impressively wide EBITDA margin despite the twin challenges of weaker base-metal prices and inflationary pressures on costs. The robust financial performance enabled CAML to declare a 9p interim dividend, maintaining its position amongst the top yielders in the junior mining sector. Capex requirements should reduce materially from next year as the project to transition to more flexible and sustainab
Companies: Central Asia Metals Plc
Alternative Resource Capital
Blythe H2 well production update. IOG has released an operational update. This reports that gross production from the Blythe H2 well declined from 27.7mmcf/d to 21.2mmcf/d over the course of August, from an initial stabilised rate of 32mmcf/d in early July, with an average rate of 17.8mmcf/d gross achieved over August due to a planned one-week shutdown of the Bacton terminal.
Companies: IOG PLC