Botswana Diamonds (BOD LN) – £550,000 fund-raising Castillo Copper (CCZ LN) – IP Survey identifies potential drill targets at Luanshya KEFI Gold and Copper* (KEFI LN) – Security incident resolved Kore Potash (KP2 LN) – Quarterly operations update Petropavlovsk (POG LN) – Q3 update highlights recovering production at own mines with increasing POX Hub utilisation Sibanye-Stillwater (SSW JSE) – In talks to buy Brazilian projects for $1bn Strategic Minerals* (SML LN) – £400,000 fund-raising
Companies: BOD KEFI KP2 POG SML CCZ SSW
Aura Energy* (AURA LN) – Trading Halt on ASX BHP (BHP LN) – Nickel supply agreement signed with Toyota-Panasonic Botswana Diamonds (BOD LN) – Renewal of prospecting licences in Botswana Caledonia Mining* (CMCL LN) – Increased quarterly dividend Castillo Copper (CCZ LN) – Positive preliminary due-diligence results at the Picasso lithium project Cornish Lithium (Private) – New hires strengthen team supporting the United Downs Deep Geothermal and other projects Oriole Resources (ORR LN) – E
Companies: AEE CMCL BHP BOD ORR TGR CCZ SGZ
Amur Minerals* (AMC LN) – Interims Ariana Resources (AAU LN) – Backing Australian exploration via Panther Metals and interim results Arkle Resources* (ARK LN) – Interim results and project summaries Botswana Diamonds (BOD LN) – Exercising pre-emption rights to gain control of Thorny River Castillo Copper (CCZ LN) – Acquiring option over Australian lithium projects Empire Metals* (EEE LN) – Interims highlight progress at Eclipse and Central Menzies GoldStone Resources* (GRL LN) – Interim re
Companies: MKA AMC AAU ARK BOD EEE WRES GRL HZM KEFI PREM SRB SOLG CCZ IRR
Joiners No joiners today. Leavers Plutus Powergen has left AIM. What’s cooking in the IPO kitchen? Eurowag confirms its intention to undertake an initial public offering on the Main Market (Premium). The Offer would be expected to comprise both (i) new Ordinary Shares to be issued by the Company, raising gross proceeds of approximately EUR200m to support Eurowag's growth strategy and (ii) existing Ordinary Shares to be sold by existing Eurowag shareholders. Eurowag is a leading pan-European
Companies: ALS APP BOD DXRX EDR EOG KOO RBBS TRP UOG
AfriTin* (ATM LN) – Conditional credit approval for Uis mine expansion Altus Strategies* (ALS LN) - BUY – 125p – Numerous artisanal gold workings discovered on new licenses in Egypt Botswana Diamonds (BOD LN) – Drilling results link two kimberlite ‘blows' at Thorny River Caerus Mineral Resources (CMRS LN) – Raising £1.5m in placing and subscription GoldStone Resources* (GRL LN) – Extension of Gold Loan Rio Tinto (RIO LN) – Battery storage facility to be installed at Queensland mine
Companies: ATM ALS BOD CMRS GRL RIO
Altus Strategies* (ALS LN) – BUY, 125p – Drilling confirms parallel mineralised structure at Tabakorole Botswana Diamonds (BOD LN) – Drilling underway at Thorny River Eurasia Mining* (EUA LN) – Eurasia reports ongoing progress on low-cost platinum group metals projects in Russia Greatland Gold (GGP LN) – Initial drilling results from Juri Noront Resources (NOT CN) - Australian mining billionaire Forrest raises bid for Noront Resources Phoenix Copper* (PXC LN) – Initial results from deep sul
Companies: NOT NOT ALS BOD EUA GGP PXC POW RMM SGZ
Altus Strategies* (ALS LN) – First closing of the Caserones deal with finalisation targeted for 1 September Botswana Diamonds (BOD LN) – Acquiring an interest in the Ghaghoo diamond mine, Botswana Condor Gold* (CNR LN) – Appointment of CFO Gem Diamonds (GEMD LN) – Sale of the Ghaghoo diamond mine Kavango Resources (KAV LN) – Drilling progress at KSZ & awarding of new licenses KEFI Gold and Copper* (KEFI LN) – Funding package outlined for Tulu Kapi Oriole Resources (ORR LN) – Initial miner
Companies: ALS BOD CNR GEMD KAV KEFI ORR VAST
Boanerges Limited, announces an application of admission onto the Aquis Stock Exchange. The Directors believe that an opportunity exists to acquire and consolidate holdings in SMEs operating in the technology sector, with the intention of creating value for Shareholders. Initially, the Company's focus will be searching for companies which are based in the UK or Europe where there may be a number of opportunities to acquire interests in undervalued or pre-commercialisation technologies, or curren
Companies: XTR PGH REDX MIRA ECK EME TEK CRU BOD GTC
Adriatic Metals* (ADT1) – Exploration drilling continues at Rupice Bluejay Mining* (JAY LN) – Kobold deal accelerates Disco project while tight market for titanium feedstock in China supports prices through summer BlueRock Diamonds (BRD LN) – Large 21.56ct diamond of exceptional quality discovered at Kareevlei Diamond Mine Botswana Diamonds (BOD LN) – Drill sample results from Thorny River Castillo Copper (CCZ LN) – Plans for drilling the Arya prospect Vast Resources (VAST LN) - £1.8m equit
Companies: ADT BRD JAY BOD VAST CCZ
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
Arc Minerals* (ARCM LN) – Rackla Metals Inc. set to acquire Casa Mining assets Botswana Diamonds (BOD LN) – Drilling results from Thorny River Cora Gold (CORA LN) – Sanankoro drilling results Phoenix Copper* (PXC LN) – Chairman describes a “clear path” to production at the Empire open-pit project Scotgold Resources (SGZ LN) – £2m Director Loan
Companies: ARCM BOD CORA PXC SGZ
Anglo Asian Mining* (AAZ LN) - STRONG BUY – Quarterly production update and CY21 guidance Botswana Diamonds (BOD LN) – Moving to a further stage of drilling at Thorny River Capital Limited (CAPD LN) – Q1 2021 delivers strongest ever quarterly revenue GoldStone Resources* (GRL LN) – Update paves way for production ramp-up at Homase Kenmare Resources (KMR LN) - Q1 production rises on higher grade and production despite Covid-19 isolation for management and staff Rainbow Rare Earths* (RBW LN)
Companies: CAPD AAZ BOD GRL KMR RBW SRB
Adriatic Metals* (ADT1) – Drill results at Raska Altus Strategies* (ALS LN) - BUY – £7.7m raise to fund exploration in Egypt and Mali as well as new royalty/project acquisition opportunities Caledonia Mining* (CMCL LN) – Record production year for Blanket underpins a further rise in dividend Botswana Diamonds (BOD LN) – Diamonds recovered in drilling at Thorny River Galan Lithium (GLN AU) – Testwork points to 6% Li lithium chloride concentrate production potential Kodal Minerals* (KOD LN) –
Companies: ALS CMCL ADT BOD KOD GLN
Cornerstone FS to join AIM, an SME focused, cloud-based provider of international payment, currency risk management and electronic account services focused on removing the complexity of international payments for customers. Raising £2.2m. Mkt Cap £12.3m. Due 18 Mar. Imperial X (AQSE:IMPP) to join the Main Market (standard). It is also proposed that on Admission to the Official List, the Company will change its name to Cloudbreak Discovery Plc. With effect from Admission, Imperial X will hold equ
Companies: EVG BOD STX SUN KGH CAMB FARN MIN ODX INHC
AMTE Power, a developer and manufacturer of lithium-ion battery cells for specialist markets, announced its intention to seek admission to trading on AIM. Admission is expected to take place during March 2021. The Company intends to raise approximately £7 million by way of a placing of new ordinary shares in the capital of the Company. Timing TBC. Samarkand Group Limited, the cross-border eCommerce technology and retail group opening up the world's largest market for brands and retailers, intend
Companies: SAR PAF PTRO NEXS TYM BOD CLX FAB ODX DUKE
Research Tree provides access to ongoing research coverage, media content and regulatory news on Botswana Diamonds Plc. We currently have 110 research reports from 3 professional analysts.
Companies: Sylvania Platinum Ltd.
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)
Settling in shares the majority of the remaining US11.5m of convertible loan notes from the Vanchem acquisition is a positive outcome at a critical juncture in Bushveld’s evolution. The renegotiated terms allow the group to lower its debt whilst preserving precious cash resources for its more value-adding production growth initiatives. Bushveld’s recent Q3 update indicates that both Vametco and Vanchem are well on course to achieve their respective full-year production and cost targets if the qu
Companies: Bushveld Minerals Limited
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
Oil posted the longest stretch of weekly advances since 2015 as OPEC+ producers only modestly supply the market and as US crude supplies shrink. Crude futures rose 1.5% Friday in New York, up for a ninth straight week. President Joe Biden said Thursday night that Americans should expect high gasoline prices to continue into next year because of supply being withheld by OPEC and other foreign oil producers. Stockpiles at the biggest US storage hub are draining to levels last seen when crude pr
Companies: FO 88E DEC EME GTC TRIN UOG WEN
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
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
Wressle update
Companies: Union Jack Oil Plc
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
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
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
i3 Energy indicated that Q3 2021 production amounted to 13,740 boe/d (WHIe: 13,742 boe/d) and that production in September amounted to 18,985 boe/d (WHIe: 18,834 boe/d). The company indicated that it now forecasts net operating income (“NOI” = revenue minus royalties, opex, transportation and processing) to be $US 65.7m for 2021 and $US 119.1m for the next twelve months starting 1 October 2021 – in line with our assessment that i3 Energy is on the cusp of generating more than $US 100m of cash fl
Companies: i3 Energy Plc
