Amur Minerals* (AMC LN) – 2018 Kun Manie development programme | Arc Minerals* (new ticker ARCM LN) – Soil sampling to test potential between Akyanga and Akyanga East | Strategic Minerals* (SML LN) – Leigh Creek Acquisition to be settled within five days | Stratex International (STI LN) – Preliminary results for 2017
Companies: AMC OTC SML ORR
Arc Minerals* (new ticker ARCM LN) – Casa Misisi (Akyanga) project | Anglo American (AAL LN) –De Beers diamond sales see restocking post the Christmas holiday season | Ferrum Crescent (FCR LN) – Maiden resource estimate for Toral project | Phoenix Global Mining* (PGM LN) – Initial cobalt exploration results | Wolf Minerals (WLFE LN) – Process plant improvements | Petropavlovsk (POG LN) – Q4 production update
Companies: OTC AAL FCR POG PXC
Aston Bay Holdings* (BAY CN) 0.14c/s, Mkt cap C$10.5m – Seal Zinc resource shows 1mt grading 10% zinc | BlueRock Diamonds* (BRD LN) 2p, Mkt Cap £2.8m – Encouraging results from K5 kimberlite sampling | KEFI Minerals* (KEFI LN) 3.6p, Mkt Cap £11.8m – Funding and operations update | Ortac Resources (OTC LN) 2.65p, Mkt Cap 8.8m – Continuation of high grade gold seen at Casa Misisi (Akyanga) project | Shanta Gold (SHG LN) 5.7p, Mkt Cap £44m – Q4 production climbs as underground operations ramp up to
Companies: SHG OTC KOD KEFI BAY BRD
Arc Minerals* (new ticker ARC LN) 2.5p, Mkt Cap 8.3m – New momentum to drive Arc Minerals in copper, cobalt and gold | Acacia Mining (ACA LN) 199.5 pence, Mkt Cap £818.1m – Cost reductions delivered on lower gold output | Caledonia Mining (CMCL LN) 552.5p, Mkt Cap £58.5m – Record quarterly and annual gold production from the Blanket mine | Central Asia Metals (CAML LN) 329p, Mkt Cap £578m – Q4 and FY17 production update | Gem Diamonds (GEMD LN) 93p, Mkt Cap £128.9m –Largest diamond recovered fro
Companies: OTC ACA CAML GEMD OMI PLZL CMCL TSG
Golden Star Resources (GSC CN) – Production guidance for 2018 | Mkango Resources* (MKA LN) – Exercise of Warrants | Ortac Resources* (OTC LN) – Name change to Arc Minerals
Companies: Mkango Resources Ltd. (MKA:TSX)Ortac Resources (OTC:LON)
Ortac Resources* (OTC LN) – Update on Acquisition of Casa Mining | Bacanora Minerals (BCN LN) – Expanding exploration area at Zinnwald | Centamin (CEY LN) – Guiding to a 6% increase in Sukari gold output in 2018
Companies: OTC CEY BCN
Amur Minerals* (AMC LN) – Assay results point to a potential significant expansion of IKEN and KUB mineral resources | Bluebird Merchant Ventures* (BMV LN) – Grab sampling results from the Gubong gold project in South Korea | Ortac Resources* (OTC LN) – Akyanga drilling results | Strategic Minerals* (SML LN) – Cobre delivers record quarterly sales
Companies: AMC BMV OTC SML
Cradle Arc—holding company of a group of companies focused on the exploration and development of precious and base metals projects in Africa. Offer raising £2.4m with market cap of £20.25m. Expected 10 Jan 2018
Volex VLX.L—The global provider of cable assemblies is proposing to move from the main market to AIM on 19 January. £75m market cap. FYMar18E rev £241.5m and £7.19m PBT.
OnTheMarket—Intention to float on AIM to raise c.£50m which will be used to fund the growth of the OnTheMarket.com po
Companies: WPHO ZIOC GEO AVAP YGEN RMM OTC ACC
Goergian Mining Corporation (GEO LN)– Corporate Update | Ortac Resources Ltd (OTC LN)– Interim Results | Petropavlovsk (POG LN)– Renova sells its stake
Companies: GEO OTC POG
Bacanora Minerals* (BCN LN) – £31m investment for 19.89% from new Chinese investor | Georgian Mining* (GEO LN) STRONG BUY – JV partner sells London listed supermarket chain | Hummingbird Resources (HUM LN) –Commissioning progress at Yanfolila Nautilus Minerals (NUS CN) – Attenborough condemns Nautilus’ sub-sea mining | Ortac Resources* (OTC LN) – Ortac to expand Misisi Gold project along parallel structure to East | Shanta Gold (SHG LN) BUY – Target price 5.5 (from Hold 5.2) – Site visit and v
Companies: GEO HUM NUSMF OTC SHG SML BCN
Fusion Antibodies— Sch1 from the Belfast based contract research organisation providing services to biopharmaceutical and diagnostics companies that are involved in the development of antibodies for both therapeutic drug and diagnostic applications. Offer to raise £5.5m for the Company and £1.075m for selling shareholders at 82p with market cap of £18.1m. Due 18 Dec | Erris Resources PLC—a mineral exploration and development company currently focused on two geographic areas. Offer TBC, expected
Companies: BIRD VER OTC IQG PDZ MSYS REAT BCN MREO
Bacanora Minerals (BCN LN) – Sonora Lithium feasibility study results | Highland Gold (HGM LN) – Dividend policy announced | Kodal Minerals* (KOD LN) – Kodal secures 90% of Bougouni mineral licenses in Mali | Ortac Resources* (OTC LN) – Update on CASA Mining offer | Pallinghurst – plans to relist Gemfields assets in London | Savannah Resources (SAV LN) – Drilling report from Mina do Barroso includes discovery of new high grade zone | Stratex International (STI LN) – Thani Stratex reports maiden
Companies: KOD OTC SAV ORR BCN
Mkango Resources* (MKA LN) – Securing nickel/cobalt exploration licence in Malawi | Ormonde Mining* (ORM LN) – Progress report from Barruecopardo | Ortac Resources* (OTC LN) – CASA Mining | SolGold* (SOLG LN) – New discoveries in Southern Ecuador highlight move into extensive new exploration | Tertiary Minerals* (TYM LN) – Securing fluorspar offtake agreements | Tri-Star Resources* (TSTR LN) – US$6m mezzanine loan to SPMP
Companies: MKA OTC SOLG TYM
Clean Invest Africa—Introduction due around 14 Nov. Vehicle established to identify investment opportunities and acquisitions in renewable and clean energy projects/companies or alternative technologies that are used in a socially and environmentally responsible way that will aid the development of the African continent. | City Pub Group - owner and operator of an estate of 34 premium pubs across Southern England. £30m raise. Consistent track record of strong revenue and EBITDA growth, with a th
Companies: SAT BPM PURP SYS OTC VRS REDX BLV AFHP
Australian mines (AUZ AU) – raises A$20m to accelerate cobalt, nickel projects | Condor Gold (CNR LN) 41p, Mkt Cap £25.2m – Results from final six holes at Mestiza | Galileo Resources (GLR LN) 1.6 pence, Mkt Cap £4m – Star Zinc Project | Ortac Resources* (OTC LN) 2.8p, £6.4m Mkt Cap – Acquisition of CASA Mining
Companies: CNR GLR OTC
Research Tree provides access to ongoing research coverage, media content and regulatory news on Ortac Resources.
We currently have 57 research reports from 3
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