Amur Minerals* (AMC LN) – Drilling at KUB points to a potential resource expansion | Gem Diamonds (GEMD LN) – Demand for Letseng quality diamonds remains strong | Metminco* (MNC LN) – Miraflores underground exploration approved | SolGold* (SOLG LN) – Annual results and operational update | Tethyan Resources* (TETH LN) – Drilling results from the Rudnitza prospect
Companies: AMC GEMD MNC SOLG TETH
Alexander Mining (AXM LN) – Vanadium research and development project | BHP Billiton (BLT LN) – US bond tenders | Eramet - 2020 Start for Eramet Argentina Lithium | Stratex International (STI LN) – Request for a General Meeting | Petra Diamonds (PDL LN) – Tanzania orders review of Petra’s diamond exports | Tethyan Resources* (TETH LN) – Proposed delisting
Companies: AXM BHP ERA ORR PDL TETH
BlueJay Mining* (JAY LN) STRONG BUY - Target Price 24p – Michael Hutchinson steps up as non-exec Chairman | Acacia Mining (ACA LN) – Cutbacks at
Bulyanhulu reduce production guidance by 100,000 oz of gold. | Avocet Mining (AVM LN) – Standstill agreement expires | Highland Gold (HGM LN) 161p, Mkt Cap £524m – Interims | Ncondezi Energy (NCCL LN) – Shareholder loans extended | Premier African Minerals (PREM LN) – Drilling shows continuity of mineralisation at Zulu | Tethyan Resources* (TETH LN) –
Companies: JAY ACA AVM NCCL PREM TETH
Kenmare Resources (KMR LN) – Trading update shows higher ilmenite prices and production leading to expected higher margins | Tethyan Resources* (TETH LN) – TSX listing update
Companies: Kenmare Resources (KMR:LON)Tethyan Resources (TETH:LON)
Altona Mining | Auroch Minerals | Gabriel Resources | IronRidge Resources | Paladin Energy Limited (PDN AU) | Premier African Minerals | Stellar Diamonds | Tethyan Resources | Top End Minerals
Companies: AOH GBU ALL PDN PREM STEL TETH
Amur Minerals* (AMC LN) – IKEN drilling results show 500m extension at >1% NiEq; mineralization remains open in both the dip and strike directions | Gemfields (GEM LN) – Pallinghurst declares its offer unconditional in all respects | Kodal Minerals* (KOD LN) – Promising initial metallurgical results from the Bougouni lithium project in Mali | Metminco* (MNC LN) – Disposal of balance of Los Calatos for A$6.7m | Pilbara Minerals - Australian government to invest $15m into Pilbara’s Pilgangoora lit
Companies: AMC KOD MNC PLS RMM TETH GML
Acacia Mining (ACA LN) – Company publishes facts relating to Tanzanian gold, copper concentrate export ban | Hummingbird Resources (HUM LN) – Increasing its interest in Yanfolila to 80% | Metal Tiger (MTR LN) – Geotechnical drilling by MOD Resources confirms initial pit design | Shanta Gold (SHG LN) – BUY – FY16 financial results earnings hit by depreciation charges. Free cash flow to turn positive in second half | Tethyan Resources* (TETH LN) – Progress report from Suva Ruda
Companies: ACA HUM TETH SHG MTR
Atalaya Mining (ATYM LN) – Study on further expansion of the Proyecto RioTinto | Golden Star Resources (GSC CN) –Simplifying the balance sheet | Kodal Minerals* (KOD LN) – Update on Suay Chin financing | BlueRock Diamonds* (BRD LN) – £366,000 raised at 3p per share | Gemfields (GEM LN) – Shareholders should ‘not’ vote for Pallinghurst offer | Ormonde Mining* (ORM LN) – Barruecopardo commissioning targeted for Q3 2018 | Tethyan Resources* (TETH LN) – Chairman’s statement highlights potential of t
Companies: ATYM KOD TETH ORM BRD GML
Highland Gold (HGM LN) – 2016 earnings beat market estimates | Hummingbird Resources (HUM LN) - $60m loan agreement signed with local lender | Kodal Minerals* (KOD LN) – Bougouni lithium project update and due diligence | Solgold* (SOLG LN) – Hole 22 shows Alpala Central high grade core extends around 200m closer to surface | Tethyan Resources* (TYM LN) – Drilling starts at Rudnitza copper porphyry project in Serbia
Companies: HUM KOD SOLG TETH
Bushveld Minerals* (BMN LN) – Deed of Settlement and Undertaking signed with Gingko and Oakleaf 115 | IronRidge (IRR LN) – Joint venture with Major Star identifies new exploration target areas in Ivory Coast | Premier African Minerals (PREM LN) – Additional comments | Regency Mines (RGM LN) – Alabama coal mine washes 6,000t of coal at Rosa plant | Sirius Minerals () – Sirius Woodsmith Polyhalite Mine update | Tanfield Group Plc (TAN LN) – Takeover potential - we note stake building by Denmark-ba
Companies: BMN ALL PREM SXX TAN TETH
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
Companies: DCP MML TETH SML
Antofagasta (ANTO LN) – Q4 Production | ASA Resources Group (ASA LN) BUY, Target price 2.5p - INITIATION - Renaissance underway in Zimbabwe | Aston Bay Holdings (BAY CN) – David Broughton, expert in sediment-hosted deposits, joins Aston Bay as Chief Geologist | BHP Billiton (BLT LN) – H1 production and reduced copper production guidance | FinnAust Mining* (FAM LN) – BUY Target Price 15p - Ilmenite marketing advisor | Rambler Metals (RMM LN) – 2017 production guidance | Tethyan Resources (TETH LN
Companies: ANTO ASA BAY JAY RMM TETH BHP
European Metals (EMH LN) – Completion of drilling programme at Cinovec | FinnAust Mining* (FAM LN) BUY Target Price 15p – Very pure ilmenite (titanium) concentrate purity produced in test work | Kibo Mining (KIBO LN) – Scoping study approval for Mbeya Coal to Power Project | Medusa Mining (MML AU) – Medusa mine development | Orosur Mining (OMI LN) – Q2 results | Tethyan Resources (TETH LN) – Results of first hole at Rudnitza prospect in Serbia
Companies: EMH JAY KIBO MML OMI TETH
Kibo Mining (KIBO LN) 7.1 pence, Mkt Cap £25.3m – Agreement signed with GE on Mbeya Coal to Power Project | Tethyan Resources (TETH LN) 2.5 pence, Mkt Cap £2.3m – Raising £353,000
Companies: Kibo Energy Plc (KIBO:LON)Tethyan Resources (TETH:LON)
Directa Plus (DCTA.L) | Clinigen Group (CLIN.L) | Accesso Technology (ACSO.L) | Digital Barriers (DGB.L) | Orogen Gold (ORE.L) | Tethyan Resources (TETH.L) | Botswana Diamonds (BOD.L) | 88 Energy (88E.L) | Hardide (HDD.L) | Marshall Motor Hldgs (MMH.L)
Companies: DCTA CLIN ACSO THRU 88E MMH TETH BOD ORE HDD
Research Tree provides access to ongoing research coverage, media content and regulatory news on Tethyan Resources.
We currently have 15 research reports from 2
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
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.
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
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