Shearwater Group—Schedule 1. Acquiring SecureEnvoy for £20m in cash and shares—a provider of multifactor authentication enterprise software solutions. RTO under the AIM rules.
ADES International— Provider of offshore and onshore oil and gas drilling and production services in the Middle East and Africa, seeking raise up to $170m plus vendor sale under a Standard Listing of the Main Market. Admission due May 2017.
Global Ports Holding—Intention to float on Standard List of the Main Market. Inte
Companies: PEG MARL SNX NUOG ZOL CSSG GEO CAM BRSD SVCA
Mariana Resources (MARL.L) – BUY*: Hot Maden update | Venture Life Group (VLG.L): Final results
Companies: Mariana Resources (MARL:LON)Venture Life Group Plc (VLG:LON)
Mariana Resources (MARL LN) – Drilling results from Hot Maden extend known mineralisation over 700m | Shanta Gold (SHG LN) BUY – New reserves extend NLGM mine life
Companies: Mariana Resources (MARL:LON)Shanta Gold Limited (SHG:LON)
Welcome to IIR’s second “Blue Book” for Junior Resource Companies. This publication covers over 60 resource companies that were present at the 121 Group’s 2017 Cape Town Conference, held at Welgemeende in the Gardens district on February 6-7, 2016. The summaries in the book have been prepared with the assistance of the 121 Group based in London/ Hong Kong and Gavin Wendt from Minelife in Sydney, with the introduction being prepared by Mark Gordon and Gavin Wendt. The company information is accur
Companies: AWV AAU BSE BKY BZT BKT BMN CEY EDV GBL GEMD GPR GRY HMI HUM 2362 KNL KOD LIT LOM MARL NSU OKU ORR PRU PDL PLU PDI PREM RSG SWA SHG SRI SWJ WAF CMCL GML
Mariana Resources (MARL.L) – BUY*: Awalé Resources acquisition | Ascent Resources (AST.L) – CORP: Issue of Equity | Savannah Resources (SAV.L) – CORP: FY16 results | Edenville Energy (EDL.L) – CORP: Relinquishes uranium license
Companies: MARL SAV EDL AST
Mariana Resources (MARL.L) – BUY*: Ergama update | Veltyco Group plc (VLTY.L) – BUY*: Trading update | Keras Resources (KRS.L) – CORP: Warrawoona update | Sunrise Resources (SRES.L) – CORP: County Line Diatomite Project
Companies: MARL B90 KRS SRES
Acacia Mining (ACA LN) –Record 2016 gold output drives a more than doubling of dividend | BlueRock Diamonds* (BRD LN) – First blast kimberlite ore being processed | DiamondCorp (DCP LN) Suspended – Placing delayed till 28 February as AMCU union messes around with agreement | Georgian Mining* (GEO LN) STRONG BUY – New drilling shows massive intersection of higher grade copper | Hummingbird Resources (HUM LN) – Taurus Funds US$25m bridging loan now fully drawn | Mariana Resources (MARL LN) – Drill
Companies: ACA GEO HUM MARL MKA SOLG BRD
Mariana Resources (MARL.L) – BUY*: PEA Results | Motif Bio plc (MTFB.L) – BUY*: Appointment of CFO | Edenville Energy (EDL.L) – CORP: ESIA update | Thor Mining (THR.L) – CORP: Outlook for 2017
Companies: MARL MTFB EDL THR
Ultimate Products—The Telegraph reports Jim McCarthy, former chief of Poundland has been appointed Chairman of Ultimate Products ahead of a £100m listing in H1 2017. Ultimate Products owns the Beldray cleaning brand and the licence to sell Russell Hobbs and Salter electrical products in the UK.
Companies: SRO AMER SDI BKY MARL EDL SPA BCN WJA IXI
Mariana Resources (MARL.L) – BUY*: Ergama update | Churchill Mining (CHL.L) – SPECULATIVE BUY*: ICSID Arbitration | ValiRx plc (VAL.L) – CORP: Quarterly update
Companies: MARL CHL VAL
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
Companies: AAU ASA BMN DCP MTL MARL MKA SRX
Mariana Resources (MARL.L) | Active Energy Group (AEG.L) | Vast Resources (VAST.L) | Edenville Energy (EDL.L)
Companies: AEG VAST MARL EDL
Research Tree provides access to ongoing research coverage, media content and regulatory news on Mariana Resources.
We currently have 76 research reports from 5
Jubilee today announce the full year results for FY 2021 ending in June 21. It was a year of continued progress with revenues up 143% to £133m (from FY 2020), adjusted PBT up 324% to £52m and eps up 93% to 1.8p/sh – an extraordinary year – but still only the beginning of the progression in our view. Continued developments in South Africa have led to a fully flexible chrome and chrome tailings solution at Inyoni. Supply from a wide variety of sources (Run-Of-Mine, new tailings from own operati
Companies: Jubilee Metals Group PLC
Friday's market sell off saw some violent downward moves in many stocks with little initial differentiation between sectors or the key drivers of businesses, creating significant share price drops in a number of higher quality or uncorrelated names. We take a look at some stocks we believe have either seen an unwarranted sell-off, have seen weakness go under the radar or where there is now a more attractive opportunity.
Companies: ANX IBPO CYAN SOM EQT AFM
Phoenix copper today announces an update on its deep drilling program below the proposed Empire oxide open pit resource and into the deeper sulphide zone. Phoenix is roughly 1/4 the way through a 4,500m drilling programme and has once again shown that high-grade zones of copper, zinc and lead sulphide mineralisation exist, nearly always associated with gold and/or silver and often with elevated concentrations of tungsten and molybdenum.
Companies: Phoenix Copper Ltd. (United Kingdom)
Savannah today announces that it is amicably terminating its JV arrangement with Rio Tinto over the Mutamba Minerals Sands project in Mozambique. Savannah has been paid $9.5m (which translates into 0.4p/sh) in cash to relinquish the 20% it has earned in the project and will cease all activity in country. All staff will transfer to Rio Tinto.
Companies: Savannah Resources Plc
Across a broader market sell off EQTEC have shown resilience and is trading at 1.55p, above its placing in May, up 25% from one month ago.
Companies: EQTEC PLC
No joiners today
No leavers today
What’s cooking in the IPO kitchen?
Trinistar Liverpool S.a r.L announces its potential listing of a newly formed single asset company which will own the Capital Building in Liverpool on the IPSX. Upon admission the Company would become a real estate investment trust (REIT). The Capital Building occupies close to a 3.5 acre freehold site in the centre of Liverpool’s business district; the building comprises c425,000 square feet of predominantly of
Companies: ADBE ADBE SYM ARC AVCT CMCL CLIN DCTA FRAN OSI
SolGold (“SOLG”) has published the first partial assay results from its drilling programme at the Varela target on the Rio Amarillo concession, 35km from the flagship Cascabel project. Hole 1 has been assayed to a depth of 1,052m, revealing an intercept of 72m @ 2.16 g/t Au from 639.7m, including 24m @ 5.77 g/t Au. More interestingly assay results are pending from 1,052m to 1,708.1m (EOH) where free gold and porphyry mineralisation have been identified. Intersections of porphyry style mineralisa
Companies: SolGold Plc
West Newton planning update
Companies: Union Jack Oil Plc
Initiating Coverage: Price Target 20p
Potential Beyond Tin
AfriTin Mining Limited (ATM) is one of only three listed tin producers in Western markets. It has a large (820km2) land package in Namibia comprising 5 prospective licenses of which the Uis mine is the most advanced and already in production. Near term growth is being delivered with an 80% increase in tin production between 2022 and 2024. However, this is only scratching the surface and there are more than conceptual plans being fo
Companies: AfriTin Mining Ltd.
Savannah Resources has sold its interest in the Mozambique mineral sands project (Mutamba) to JV partner Rio Tinto for $9.5m in cash. The payment has already been made to one of Savannah’s UK subsidiaries.
Given Barroso’s importance and capital requirements over the coming months, we view this as very good news. It allows management to dedicate all its time to Barroso and reduces future SAV equity dilution. Despite the strong lithium price and exceptional performance of ASX and TSX lithium sto
Savannah Resources is a hardrock lithium exploration and development company with a 100% interest in the Barroso Lithium Project in the Northern Portugal hosting 27mt at 1.06% Li2O for ~700kt LCE, the largest spodumene lithium resource in Western Europe. Project environmental permitting is currently in progress paving the way for the completion of the Feasibility Study and eventual project financing. The project benefits from the strategic location as Europe rapidly expands it Li-ion batteries a
Cornish Metals has now released the results of 10 drillholes at its continuing exploration programme at United Downs near Camborne. Including two holes drilled on the property by Cornish Lithium the drilling shows up to 5 mineralised structures with a total of twenty-two individual mineralised intercepts.
Even though the area has been mined intermittently between the early 1700s and the late 20th century, the drilling evidence bodes well for the delineation of additional mineral resources wh
Companies: Cornish Metals Inc.
Shanta Gold (AIM: SHG), the East Africa-focused gold producer has today announced a drilling update on its West Kenya Project (WKP) based on its Phase 2 drilling program which aims to infill 17 modelled zones across both Isulu and Bushiangala deposits up to 450-500m below surface. The Company has also reported drilling results from a regional exploration target, Ramula, where assays have been received from the first of 12 holes drilled, as part of the resource drill-out programme, totalling 451m
Companies: Shanta Gold Limited
IN OTHER NEWS
Canadian Overseas (COPL LN/XOP CN): Raising US$8 mm of new equity – Canadian Overseas has raised US$8 mm of new equity priced at 20p per share. The net proceeds of the placing are intended to be used for a bid for Cuda Energy LLC, or its assets, through a receivership process.
Southern Energy (SOUC LN): 3Q21 results – 3Q21 production in the USA was 12.3 mmcf/d with
Companies: ZEN SOU AOI XOP CHAR EQNR EQNR JSE LUPE RDSA SEPL SEN SOU
i(x) Net Zero, the investing company which focusses on Energy Transition and Sustainability in the Built Environment, announces its intention to join AIM. Following Admission, the Company intends to use the net proceeds of the proposed Fundraising to provide development and expansion capital to certain of its investee companies, for future investments in companies that fall primarily within its areas of interest in Energy Transition and Sustainability in the Built Environment and to provide work
Companies: TGN AFC COIN COIN HL/ OMI