SP Angel – Morning View

Birimian Limited (BGS AU) Suspended – Stock suspended pending an announcement relating to internal reorganisation Bluejay Mining* (JAY LN) BUY Target Price 22p – Renewal of Disko Exploration licenses in Greenland BlueRock Diamonds* (BRD LN) – Plans to evaluate the Jubilee kimberlite pipe DiamondCorp (DCP LN) Suspended – Bond holders and AMCU union blamed for DiamondCorp administration Kodal Minerals* (KOD LN) – Kodal extends negotiating period by further 15 days following satisfactory due di

SP Angel – Morning View

BlueJay Mining* (JAY LN – formerly FAM LN) 13.8p, Mkt Cap £86m – Maiden JORC resource update due on Pituffik titanium mineral sands project in Greenland | Bushveld Minerals* (BMN LN) 8.2p, Mkt Cap £60m – Bushveld satisfies conditions president for Vametco Acquisition | DiamondCorp (DCP LN) Suspended – Ineptocracy at AMCU leads to retrenchment of all employees and likely collapse of group | Metminco* (MNC LN) 5p, mkt cap £6m, – A$0.75m funding from Redfield Asset Management

SP Angel – Morning View

Birimian Limited (BGS AU) – new mineralised zone at Goulamina, Bougouni lithium project in Mali | DiamondCorp (DCP LN) Suspended – Update on restructuring discussions with the IDC and AMCU | Medusa Mining (MML AU) – Infrastructure development causes interim sales to fall at Co-O mine in Philippines | Tethyan Resources (TETH LN) – Tethyan makes first milestone payment to secure Suva Ruda copper discovery | Strategic Minerals* (SML LN) – Cobalt mineralisation discovered at Hanns Camp in Australia

SP Angel – Morning View

Avesoro Resources (formerly Aureus Mining) (ASO LN) – Agreement of improved terms for finance facility | Berkeley Energia (BKY LN) – Quarterly update | Birimian Limited (BGS AU) – ‘Super Ninja’ moves to take control of Birimian for ‘massive’ potential | DiamondCorp (DCP LN) Suspended – placing amendment end date | FinnAust Mining* (FAM LN) BUY Target Price 15p – New appointments strengthen Pituffik project development team | Neo Lithium Corp (NLC CN) – $20m bought deal to advance Tres Quebradas

SP Angel – Morning View

Avesoro Resources (formerly Aureus Mining) (ASO LN) – 2017 guidance | DiamondCorp (DCP LN) Suspended – Hiccup in business rescue plan Firestone Diamonds (FDI LN) – Liqhobong construction complete and first diamond sale expected in early February | Petropavlovsk (POG LN) Hold – Valuation under review – 2016 production and 2017 guidance | Rainbow Rare Earths Ltd – to be listed on the Standard List on Monday – Rainbow raises $8m for Gakara highgrade rare earths mine in Burundi | Stratex Internatio

SP Angel – Morning View

Birimian Limited (BGS AU) – Birimian terminates $AUD 10.75m agreement with Shandong Mingrui Group for its Birimian lithium project | DiamondCorp (DCP LN) Suspended – DiamondCorp raises £1m | Edenville Energy (EDL LN) - Sinohydro partnership for Rukwa development | Kibo Mining (KIBO LN) – Integrated Bankable Feasibility Study for Mbeya Coal to Power Project | Petra Diamonds (PDL LN) - H1 Production results and trading update. | Serabi Gold (SRB LN) – Record 2016 gold production exceeds guidance

SP Angel – Morning View

Amur Minerals* (AMC LN) – Project update | BlueRock Diamonds* (BRD LN) – Crusher acquired from Kgalagadi Geoservices | DiamondCorp (DCP LN) Suspended – Diamond sale completed | North River Resources (NRRP LN) – Drilling results from Namib project

SP Angel – Morning View

Ariana Resources (AAU LN) – Kiziltepe construction expected to complete in mid-December | ASA Resource Group* (ASA LN) – Bindura Nickel reports US$1.2m profit in half year to September | Bushveld Minerals (BMN LN) – Interims show progress toward Vanadium production acquisition | DiamondCorp (DCP LN) Suspended – 310m level now clear of flood water and longhole rig being moved for refurbishment | Metals Exploration* (MTL LN) – First gold sale as Runruno mine ramps up amid debt rescheduling talks

SP Angel – Morning View

Amur Minerals* (AMC LN) – Agreement with the Far East Investment and Export Agency | Asiamet Resources (ARS LN) – Metallurgical test-work from BKM | DiamondCorp (DCP LN) Suspended – Business rescue practitioner appointed | Sierra Rutile (SRX LN) – Iluka merger cleared

SP Angel – Morning View

DiamondCorp (DCP LN) Suspended – Lace mine put into Business Administration in South Africa | European Metals (EMH LN) – Additional lithium – tin intercepts in recent drilling at Cinovec | Georgian Mining Corporation* (GEO LN) – Raises £2.6m (formerly Noricum Gold. | Savannah Resources (SAV LN) – Additional high grade copper intersections in Oman | Strategic Minerals* (SML LN) – Drilling tender for Redmoor with drilling expected in H1 2017

SP Angel – Morning View

Amur Minerals* (AMC LN) – Access road update | Aureus Mining (AUE LN) – Q3 Operational update | DiamondCorp (DCP LN) Suspended – Lace Diamond mine closed as storm causes production level to flood | Caledonia Mining (CMCL LN) – Looking for a 20% increase in gold production in 2017. | Metals Exploration* (MTL LN) – Equity placement | Serabi Gold (SRB LN) – Record Q3 gold production and increased 2016 guidance | Strategic Minerals* (SML LN) – Exploration of Australian gold and nickel projects

SP Angel – Morning View

DiamondCorp | Kefi Minerals | Premier African Minerals | Rio Tinto | Stellar Diamonds | Strategic Minerals

SP Angel – Morning View

ASA Resource Group | DiamondCorp | Kodal Minerals

SP Angel – Morning View

Avocet Mining | Bacanora Minerals | DiamondCorp | Strategic Minerals

SP Angel – Morning View

Caledonia Mining | DiamondCorp | Scotgold Resources

Alien Metals - Hancock Project, Mining Lease Granted

Alien today reports intraday that the Western Australian Government has granted a mining licence for the Hancock iron ore project for a 21-year term. The granting of the mining licence is the latest milestone delivered by Alien as it advances the project towards development and production.

Trinity Exploration and Production - Reserves Reduction but Solid Core Business

Trinity has announced a c28% reduction to its 2P reserves following a YE23 review. Despite the decrease in the Company’s 2P reserves, Trinity’s core business remains robust, with a reserves/production ratio of >12.5 years at YE23. Whilst there is significant potential for growth within the current portfolio, this will be difficult to unlock from the current balance sheet and we believe further financing will be required. We update our target price to 76p (from 202p), a c85% premium to the curren

SP Angel Morning View: Copper prices hit $9,700/t as China smelts concentrates for zero charge Tc/Rc

SP Angel Morning View: Gold resilient as US interest rates climb on long-term inflation concerns

NextSource Materials - Initiation

NextSource is uniquely positioned to build a leading vertically integrated position, ex China, in the supply of Lithium-ion battery anode material which is essential for the Energy Transition. The company is commissioning phase 1 of its world-class Molo graphite mine in Madagascar and is in the final permitting process for its first Battery Anode Facility (BAF) to be located in Mauritius. The company is backed by Vision Blue, established by Sir Mick Davis, former CEO of Xstrata. On our calculat

I3 Energy (I3E LN) - Canada royalty assets sale

I3 has announced the sale of the majority of its royalty interests in Canada, for US$24.8m cash. This allows the company to fully repay amounts drawn on its debt facility and create a working capital surplus, giving I3 significant additional funding flexibility going forward

Jubilee Metals - Operational Update Q3 FY2024

Jubilee today reports its Q3 and third quarter operational results from its expanding operations in Zambia (copper) and South Africa (chrome and PGM). South Africa is on a growth trajectory with record chrome production of 409kt in the quarter (Q2 FY2024 381kt) and a monthly record in March of 145kt and production YTD of 1.13Mt (0.94Mt). Jubilee is well underway to its annual target capacity of 2,1Mt/yr especially with the new 300kt/yr chrome plant at Thutse expected to be operational in August

DEC FY23 Results Update

DEC reported FY23 results which were in line with expectations and announced the acquisition of joint venture assets from Oaktree along with an updated capital allocation framework.

LIBERUM: New Energy Nuggets: Hydrogen - the future is green

Zeus Top Picks for 2024 - 2023 review and outlook for 2024

On 9 January last year, we set out our ten top stock picks for 2023, for what turned out to be another relatively poor twelve months for UK equities due to two wars, stubbornly high inflation and further tightening of monetary policy. This was even as other major markets, such as the US, largely recovered in the year. In the 2023 calendar year, the AIM All-Share index fell 8.2% and is still 42% off its 2021 high. From the release of our 2023 top picks note, the average total return (assuming div

Gulf Marine Services (GMS LN) - Contract award

GMS has announced a new contract award, at improved day rates, adding to order book and overall revenue momentum.

i3 Energy - RBL Facility Refinances Trafigura Amortising Facility & Year-end Reserves Update

i3 Energy has announced that it has refinanced its Trafigura straight-line amortising facility with a traditional RBL facility provided by a Canadian chartered bank. We believe that i3 Energy's shareholders stand to benefit considerably from the restructured balance sheet because it is significantly better adapted to the company's needs, in our opinion. We believe the new RBL facility will free funds for growth and provide better long-term balance sheet stability, while significantly reducing in

Serinus Energy+ (SENX, House Stock at 3p) - FY23A results

The time has come!

In the next six months, Aminex (AEX) will embark on a development programme that will see the company become a producer and free cash flow (FCF) generator. Between drilling the new Chikumbi-1 well (CH-1), re-entering the existing two wells, processing of the new 3D seismic, signing a GSA, and reaching first gas, there will be plenty of milestones in 2023 to, in our view, gradually “guide” the market towards recognising a full value for the targeted initial 60mmscf/d gross production in late 2023

Is there a “big-picture” change in the cards?

We note that this morning’s announcement by Aminex for a significant potential resource increase in the Ruvuma basin. We believe that the recent pullback in the share price (likely due to delays in the first gas production schedule) provide a good risk/reward opportunity, especially given the future potential in next 12-24 months, highlighted by today’s announcement.