AfriTin* (ATM LN) – Drilling at Uis picks up down dip extensions to the mineralisation Kodal Minerals* (KOD LN) –– High grade gold assays from re-split sampling of RC chips at Nielle Rambler Metals and Mining* (RMM LN) – Quarterly reports shows production growth, improved mine development rates and describes completion of the debt financing as its priority task Red Rock Resources (RRR LN) – Completion of drilling at Luanshimba copper cobalt project, DRC
Companies: ATM KOD RMM RRR
Alba Mineral Resources (ALBA LN) – Plans for Clogau Arc Minerals* (ARCM LN) – BUY - Massive sulphide copper mineralisation intersected in drilling at Cheyeza East. Copper sulphide mineralised quartz veins at Fwiji Aura Energy* (AURA LN) – Resumption of trading on ASX Caerus Mineral Resources (CMRS LN) – Drilling underway at Trouli Ferro Alloy Resources (FAR LN) – Ferro-molybdenum and Vanadium pentoxide production starts Kodal Minerals* (KOD LN) – AGM presentation Metal Tiger (MTR LN) –
Companies: AEE FAR ALBA ARCM CMRS KOD SAV MTR
Condor Gold* (CNR LN) – Cacao drilling provides confirmatory evidence of an intact epithermal gold system GoldStone Resources* (GRL LN) – Delay to first gold pour despite progress stacking Kavango Resources (KAV LN) – Prospecting license renewed on Kalahari Copper Belt Kodal Minerals* (KOD LN) – Lithium carbonate prices jump 11% higher this week led by new auction high at Pilbara Minerals for spodumene concentrates Oriole Resources (ORR LN) – Further drilling results from the Faré and Madin
Companies: 688778 CNR GRL KAV KOD ORR
Aura Energy* (AURA LN) – Completion of gravity survey at Tasiast South and confirmation of water-well drilling at Tiris Bacanora Lithium (BCN LN) – Ganfeng recommended cash offer update Caerus Mineral Resources (CMRS LN) – Trouli to be first project for the joint-venture with Bezant Resources Eurasia Mining* (EUA LN) – Nyud progress update Kodal Minerals* (KOD LN) – Final results highlight strong progress at Bougouni Polymetal (POLY LN) –Iincrease to capex forecasts due to inflation fears
Companies: AEE BCN CMRS EUA KOD POLY
Anglo American (AAL LN) – Record H1 performance as stimulus measures spur recovery BeMetals (BMET CN) – Technical report for Kato Gold project identifies multiple drill targets Caerus Mineral Resources (CMRS LN) – Disposal of Black Pine licences Keras Resources* (KRS LN) – Mining season commences at Diamond Creek Kodal Minerals* (KOD LN) – Nielle project shows intersections of wide gold mineralisation in drill results Oriole Resources (ORR LN) – Exploration progress at Senala, Senegal Rain
Companies: BMET AAL CMRS KRS KOD ORR RBW TLG
Adriatic Metals* (ADT1) – Q2 report highlights progress of Vares DFS Kodal Minerals* (KOD LN) – Industry move towards direct lithium hydroxide production from hard-rock spodumene driven by cost of extracting impurities Kore Potash (K2 LN) – New CFO Power Metal Resources* (POW LN) – Earn-in to acquire two Canadian lithium exploration properties Rainbow Rare Earths* (RBW LN) – Nd/Pr prices jump while Rainbow reports work continues unabated on Phalaborwa project in South Africa Rio Tinto (RIO
Companies: ADT KOD KP2 POW RIO RBW
AEX Gold (AEXG LN) – New exploration license application in Greenland Altus Strategies* (ALS LN) – BUY, 118p – High grade copper and silver results in Morocco Castillo Copper (CCZ LN) – Geophysical survey to start shortly in Zambia Cornish Metals*+ (CUSN LN) – Restructuring of deferred consideration IronRidge Resources* (IRR LN) – Full funding agreed for development of Ewoyaa Lithium project in Ghana Kodal Minerals* (KOD LN) – CEO meeting with new Minister of Mines in Mali on Bougouni lithi
Companies: AEX ALS CUSN PLL KOD ORR PXC RMM SHG CCZ IRR SYA
Arkle Resources* (ARK LN) – Drilling at the Mine River project encounters gold in the first three holes Bluejay Mining* (JAY LN) – Greenland government approved Exploitation and Closure Plan for the Dundas ilmenite project Horizonte Minerals (HZM LN) – Progress report on financing the Araguaia ferronickel project Kodal Minerals* (KOD LN) – Kodal progress lithium mining license application in Mali alongside gold assays in the Ivory Coast Metal Tiger (MTR LN) – Significant geophysics anomalies
Companies: ARK JAY HZM KOD RBW MTR
Bluejay Mining* (JAY LN) – Arctic states are opening up the region through their competition for seabed Castillo Copper (CCZ LN) – Drilling underway at the Mt Oxide project following the recent fund-raising Cora Gold (CORA LN) – Zone A drilling results Empire Metals* (EEE LN) – Exploration commences at Central Menzies Gold project Kodal Minerals* (KOD LN) / Firefinch (FFX AU) – Firefinch outline $130m deal with Ganfeng Goulamina lithium development W Resources (WRES LN) – Completion of wate
Companies: JAY CORA EEE WRES KOD CCZ FFX
Bluejay Mining* (JAY LN) – Arctic states are opening up the region through their competition for seabed Castillo Copper (CCZ LN) – Drilling underway at the Mt Oxide project following the recent fund-raising Cora Gold (CORA LN) – Zone A drilling results Empire Metals* (EEE LN) – Exploration commences at Central Menzies Gold project Firefinch (FFX AU) – Details on the Ganfeng proposed $130m JV investment Kodal Minerals* (KOD LN) – Firefinch outline $130m deal with Ganfeng Goulamina lithium de
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
Research Tree provides access to ongoing research coverage, media content and regulatory news on Kodal Minerals Plc. We currently have 147 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
