Beowulf Mining* (BEM LN) – Concept mining study completed at Kallak North Chaarat Gold (CGH LN) – Convertible Loan Note extended by a year to Oct/22 Cora Gold (CORA LN) – Drilling results from Sanankoro Hummingbird Resources (HUM LN) – Equipment availability at Yanfolila pulls back Q3 production Rio Tinto (RIO LN) – Alan Davies cleared by the Australian Securities and Investments Commission
Companies: BEM CGH CORA HUM RIO
AEX Gold (AEXG LN) – Further management changes at AEX to drive development of new plan Altus Strategies* (ALS LN) – Valuation 125p – First Caserones NSR royalty payment in respect of Q2/21 expected this month Beowulf Mining* (BEM LN) – CEO letter to Minister Baylan regarding Kallak Bluejay Mining* (JAY LN) – Valuation 37.7p – Interims highlight activity towards development of the Dundas ilmenite mine and other exploration Caerus Mineral Resources (CMRS LN) – Progress report on prospective j
Companies: AEX ALS BEM JAY CMRS CORA PDL POW TYM URU CCZ IRR
BlueRock Diamonds (BRD LN) – BlueRock raises $1.1m from sale of three large diamonds in Kimberley auction Beowulf Mining* (BEM LN) – Comments on Kallak submitted to Swedish Government Castillo Copper (CCZ LN) – Geophysics identifies multiple targets over 6km strike length at Luanshya Cornish Metals* (CUSN LN) – United Downs drilling extends known strike extent of the former ‘Lithium Lode' to over 200m IronRidge Resources* (IRR LN) – Binding agreement satisfied for Piedmont to fully fund Ewoy
Companies: CUSN MKA OMI BEM BRD PRE PREM CCZ IRR
Aura Energy* - (AURA LN) – Quarterly report highlights progress with Tiris uranium project Beowulf Mining* (BEM LN) – £100k investment in Vadar Caerus Mineral Resources (CMRS LN) – Option agreement with Bezant Resources Caterpillar – (CAT N) – Cost inflation hits shares despite rise in quarterly earnings CGN Mining (1164 HK) – CGN Mining signs deal to acquire 49% of Ortalyk from Kazatomprom for US$435m Power Metal Resources* (POW LN) – Significant expansion of exploration ground in the KCB
Companies: CAT CAT TSG TSG AEE BEM CMRS 1164 KAV POW RMM SML TYM VUL
Anglo Asian Mining* (AAZ LN) - BUY – Q2 production update reports robust results AngloGold – AngloGold seeks to expand its ore reserves through potential takeover of Corvus for C$4/s (~C$510m) Ariana Resources (AAU LN) – Chairman highlights readiness for challenges of the coming decade Bushveld Minerals* (BMN LN) – Garnet Commerce files claim against VRFB Holdings and Enerox Holdings alleging breach of joint venture agreement Beowulf Mining* (BEM LN) – Mining study to commence at Kallak Co
Companies: LUC AAZ BEM BMN CORA PXC ANG
Alba Mineral Resources (ALBA LN) – Disposal of 5% interest in Brockham oil field to Angus Energy Altus Strategies* (ALS LN) - Royalty and project generation engine Beowulf Mining* (BEM LN) – Letter to Minister Baylan Bluejay Mining* (JAY LN) – Chinese ilmenite prices rise Condor Gold* (CNR LN) – Infill geotechnical drilling at La India to help firm up the open-pit design parameters Kavango Resources (KAV LN) – EM anomaly identified at KSZ project Kodal Minerals* (KOD LN) –Ganfeng to pay
Companies: ALS BEM JAY CNR KAV KOD ALBA
Alba Mineral Resources (ALBA LN) – Disposal of 5% interest in Brockham oil field to Angus Energy Altus Strategies* (ALS LN) - Royalty and project generation engine Beowulf Mining* (BEM LN) – Letter to Minister Baylan Bluejay Mining* (JAY LN) – Chinese ilmenite prices rise Condor Gold* (CNR LN) – Infill geotechnical drilling at La India to help firm up the open-pit design parameters Kavango Resources (KAV LN) – EM anomaly identified at KSZ project Kodal Minerals* (KOD LN) – Ganfeng to pay
Companies: ALBA ALS BEM JAY CNR KAV KOD
Beowulf Mining* (BEM LN) – Fennoscandian awarded €791k from Business Finland Botswana Diamonds (BOD LN) – Drilling at Thorny River likely to resume in August Condor Gold* (CNR LN) – Infill drilling underway at Mestiza Greatland Gold (GGP LN) – Drilling continues to expand Havieron Kavango Resources (KAV LN) – Drilling to commence at KSZ Mkango Resources* (MKA LN) – Mkango amplifies its plans for a rare earths separation plant in Poland Thungela Resources (TGA LN) – Chinese prioritisation o
Companies: MKA TGA BEM BOD CNR GGP KAV
What’s cooking in the IPO kitchen? Orcadian Energy, the North Sea focused, oil and gas development company, announces its intention to seek admission to AIM. The Company's key asset is the 100% interest in the Pilot oilfield, with audited proven and probable reserves of 78.8m barrels (audited by Sproule BV). Orcadian plans to raise gross proceeds of c. £5m to progress its assets. Itim Group Limited (to be renamed itim Group plc) is a software technology company, established in 1993. Itim adds
Companies: BEM CPX DEST EMH MRL SQZ SRC TRU
Beowulf Mining* (BEM LN) – Response to irrelevant leaked letter from UNESCO Cornish Metals* (CUSN LN) – South Crofty updates mineral resources with increased tonnage at depth KEFI Gold and Copper* (KEFI LN) – Changes to the Executive Bonus Plan Keras Resources* (KRS LN) – Keras commissioning new plant for high-grade organic phosphate at Diamond Creek, Utah Metal Tiger (MTR LN) – Mining contract at Motteo and additional investment in Pan Global Resources
Companies: CUSN BEM KRS KEFI MTR
Altus Strategies* (ALS LN) – Quarterly operational and financial update Beowulf Mining* (BEM LN) – Q1 results highlight progress in Kosovo and Finland Kodal Minerals* (KOD LN) – Drilling commences at Nielle gold project SolGold* (SOLG LN) – Compliance with UK Corporate Governance Code
Companies: ALS BEM KOD SOLG
SP Angel . Morning View . Tuesday 25 05 21 Fed dovish comments lend support to risk sentiment MiFID II exempt information – see disclaimer below Altus Strategies (ALS LN) – 17,500m drilling programme starts at Diba eyeing MRE expansion Atalaya Mining (ATYM LN) – Proyecto Riotinto East and Masa Valverde exploration Beowulf Mining* (BEM LN) – MRE upgrade results in 12.5% resource increase at Kallak Bluejay Mining* (JAY LN) – Drilling starts at Enonkoski in jv with Rio Tinto Chaarat G
Companies: MKA ALS BEM JAY CGH PXC RRR SHG ATYM IRR
Beowulf Mining* (BEM LN) – FY 2020 results highlight progress in Kosovo and Sweden Bluejay Mining* (JAY LN) – BUY - Valuation 37.7p - Ilmenite prices continue to rise in China as consumers struggle to source material Cora Gold (CORA LN) – Annual results Cornish Metals* (CUSN LN) – CLICK FOR PDF – Annual results and progress report on United Downs drilling programme Empire Metals* (EEE LN) – Appointment of new Managing Director GoldStone Resources* (GRL LN) – BUY – 24.4p, CLICK FOR PDF - Gha
Companies: CUSN BEM JAY CORA EEE WRES GRL KEFI KOD RBW
Research Tree provides access to ongoing research coverage, media content and regulatory news on Beowulf Mining PLC. We currently have 116 research reports from 5 professional analysts.
Phoenix copper today provides an update on its ground geophysical survey over the Red Star prospect near its Empire copper project in Idaho. The Red Star skarn mineralisation (lead and silver ± copper, zinc) is associated with magnetite; the survey just undertaken was to better understand the distribution and orientation of magnetite to find potential mineralisation and to inform the location and direction of a further drilling programme.
Companies: Phoenix Copper Ltd. (United Kingdom)
We are initiating coverage of VAST Resources (VAST), which has wholly-owned Baita Plai and Manaila polymetallic mines plus an interest in two exploration projects, all located in Romania. At this stage, Baita Plai is the main driver for our valuation as it is currently being ramped up to 14kt per month. As such, we expect Baita Plai’s Cu eq output to reach c 2.4ktpa in FY23F followed by 3.3ktpa in FY24F. This, coupled with Manaila’s potential re-start of an additional 3ktpa of Cu eq over the sho
Companies: Vast Resources plc
Diversified Energy Company (DEC) has announced a fourth acquisition within the Company's Central Region, acquiring a portfolio of upstream assets and related infrastructure from Tapstone Energy Holdings LLC and its related party, KL CHK SPV LLC. Oaktree Capital will co-invest in the acquisition, representing Oaktree's third co-investment since May this year. Importantly, Oaktree's participation provides important third-party validation whilst also affording Diversified additional liquidity and l
Companies: Diversified Energy Company PLC
We see the UK Government’s Net Zero Strategy as being overall helpful but not especially definitive. Amongst our coverage group, Drax Group (DRX LN) and Velocys (VLS LN) benefit from the Humberside CCS cluster prioritisation and Velocys from SAF support. The amount of renewables is likely to boost the need for flexibility solutions where Drax, Gore Street (GSF LN) and SIMEC Atlantis (SAE LN) can benefit. Hydrogen companies ITM (ITM LN) and Powerhouse Energy (PHE LN) are likely to find support. T
Companies: ADN DRX GSF ITM NESF PHE SAE SIT STRLNG TLG VLS
Companies: Shanta Gold Limited
Today’s IPO of Tungsten West (TUN-LON) unlocks a valuable, long term revenue stream for Hargreaves. This comprises a £1m per annum fee (first payment next month) as well as a mining services contract once the mine recommences production. The resulting EPS upgrades are 6% and 7% in FY22 and FY23 respectively, followed by 9% in FY24 with the first partial contribution from the mining services contract. This continues Hargreaves’ impressive recent run of forecast upgrades and reinforces our convict
Companies: Hargreaves Services plc
Companies: Thungela Resources Limited
Joiners No Joiners Today. Leavers No Leavers Today. What’s cooking in the IPO kitchen? Devolver Digital to join AIM, an award-winning digital video games publisher and developer in the indie games space. Recently awarded indie 'Publisher of the Year 2021' by GamesIndustry.biz. Offer TBA. Due early Nov. Life Science REIT to join AIM raising up to £100m. This will be the first London listed real estate investment trust (REIT) focused on UK life science properties providing investors with exposure
Companies: SYS1 ARE SO4 SNG TMG TMT OHG IDE KIBO MRL
Shanta Gold (AIM: SHG) has, this morning, announced its production and operational results for the quarter ended 30th September 2021 – see Fig 1. Operationally this was a slightly weaker than expected quarter but very promising from the corporate side with a new five-year plan announced, an 0.10cps interim dividend announced and a resource update at the West Kenya Project (WKP). QoQ production was flat at 14,194 oz and AISC rose to $1,480/oz caused by a temporary drop in grade as well as hig
Brent crude topped $85 a barrel in London for the first time since 2018, the latest milestone in a global energy crisis that has seen prices soar. Oil Prices: West Texas Intermediate for November settlement rose 97 cents to settle at $82.28 a barrel in New York. Brent for December delivery added 86 cents to settle at $84.86 a barrel. The global benchmark rose above the key level in intraday trading but did not settle above it on Friday. US crude futures posted an eighth straight weekly
Companies: FO 88E DEC EME GTC TRIN UOG WEN
Trifast has released a good interim trading update ahead of its interim results due on 23 November. Overall trading has been in line with management expectations at “both revenue and profit levels” since the AGM update in July although this belies the strength of the Group's top line performance in our view. We remain buyers.
Companies: Trifast plc
Rio’s investors day was focused on two of the most critical mining industry thematics in today’s times, i.e. green and growth. The announced measures couldn’t have materialised at a better time, given the (recent) woes pertaining to governance and the iron ore market sell-off. Remember, considering Rio’s enviable balance sheet strength, it has the flexibility to pursue the targeted plans with rigorously and, at the same time, maintain ‘relative’ shareholder reward attractiveness. Hence, we reite
Companies: Rio Tinto plc
Anglo Asian Mining* (AAZ LN) - BUY – 180p – 4.5c special dividend BeMetals (BMET CN) –– Drilling commences at South Mountain, Idaho Condor Gold* (CNR LN) – BUY, valuation 102.5p – Progress of the La India feasibility study Hochschild (HOC LN) - Hochschild to spin off rare earth assets Rambler Metals and Mining* (RMM LN) – BUY, fair value 10.7p - Ming mine underground drilling programme demonstrates grade and width improvements at depth SolGold* (SOLG LN) – Tandayama-America initial resour
Companies: BMET AAZ CNR HOC RMM SOLG
Joiners Tungsten West (TUN.L) has joined AIM. Tungsten West is the 100% owner and operator of the historical Hemerdon tungsten and tin mine located near Plymouth in southern Devon. Hemerdon represents the world's third largest tungsten mineral resource, with a JORC (2012) compliant Mineral Resource Estimate of approximately 325Mt at 0.12 WO3. Capital raised on Admission: £39m. Anticipated Mkt Cap: £106.2m. Future Metals NL (ASX:FME, FME.L) (formerly named Red Emperor Resources NL) had joined AIM
Companies: SOLI RBD ALU ATQT BBI CWR DRV ORCP WATR
With the recent acquisition of producing assets in the US, Canadian Overseas Petroleum (COPL) has started a new chapter in its existence and has already transformed its value proposition to investors. Following the recent operational developments, we are already seeing potential for a significant additional value accretion in the next 12 months, not only from the producing Barron Flats Unit (BFU), but from several other opportunities as well. The potentially better-than- expected production ramp
Companies: Canadian Overseas Petroleum Limited
