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Altus Strategies* (ALS LN) - BUY – 111p – VP Corporate Development appointment GoldStone Resources* (GRL LN) – latest gold pour yields 97% increase on maiden pour at Homase Oriole Resources (ORR LN) – Recent drilling confirms Faré Far South mineralisation over 500m strike length Syrah Resources (SYR AU) – Tesla sign new graphite deal to source direct to US
Companies: ALS GRL ORR SYR
Oriole has reported further results from the Senala gold project in Senegal, a JV with IAMGOLD. Assay results from the Year 4, Phase 2 RC drilling at the Faré prospect recently completed by IAMGOLD indicate a substantial expansion to the mineralised footprint. Gold mineralisation has been extended along strike at all three anomalies with highly encouraging intercepts returned including 5m at 12.45g/t, including 2m at 26.61 g/t Au. Of particular note is that mineralisation at Faré Far South is no
Companies: Oriole Resources PLC
BlueRock Diamonds* (BRD LN) – Kareevlei CEO appointment Oriole Resources (ORR LN) – Soil sampling extends scope of Bibemi project anomaly Power Metal Resources* (POW LN) – Quarterly update indicates strong progress across exploration portfolio Rambler Metals and Mining* (RMM LN) – Upsurge in Newfoundland Covid19 cases curbs production ramp-up at the Ming mine Serabi Gold* (SRB LN – Results of step-out drilling at Palito show resource expansion potential towards the south W Resources (WRES
Companies: BRD WRES ORR POW RMM SRB
Oriole has reported results from the recently completed Phase 2 drilling at the company’s 90%-owned Bibemi gold project in Cameroon. This follow up diamond drill programme intersected gold mineralisation on all fence lines with a raft of decent width and grade intersections being returned from multiple holes. Standout results include 6.5m at 3.92g/t Au, 5.2m at 1.97g/t Au and 2.25m at 8.82g/t Au. Phase 3 drilling is nearing completion with results expected in Q1 2022.
AEX Gold (AEXG LN) – Q3 report indicates progress de-risking Nalunaq Project Anglo American (AAL LN) – De Beers reports continuing positive sentiment in the diamond market Arkle Resources* (ARK LN) – Mine River gold exploration extends footprint of the Tombreen target Boliden AB (BOL SS) - Production halted at Tara Mine Galantas Gold (GAL LN) – Gold intersections from underground drilling at the Omagh mine Oriole Resources (ORR LN) – Resumption of drilling at the Senala project, Senegal wi
Companies: GAL AEX AAL ARK ORR SOLG BOL BOL
Caerus Mineral Resources (CMRS LN) – JV agreement with Bezant Resources Caledonia Mining* (CMCL LN) – New record quarterly gold production at Blanket drives increased profit and EBITDA Centamin (CEY LN) – Kona resource report Endeavour Mining (EDV LN) – Expecting to exceed 2021 production guidance GoldStone Resources* (GRL LN) – BUY – £1m raised to fund exploration at Akrokeri Largo (LGO CN) – Stronger vanadium prices lift quarterly earnings Mkango Resources* (MKA LN) – Mkango renews high
Companies: MKA CMCL EDV CMRS CEY GRL ORR
AEX Gold (AEXG LN) – AEX makes good progress on drilling at the Nalunaq gold mine in Greenland Gold Star Resources (GSS US) – Recommended cash offer at $3.9/share GoldStone Resources* (GRL LN) – Final Phase of plant construction begins as company eyes first gold pour IAM Gold (IAG CN) – Convoy from Essakane gold mine in Burkina Faso attacked IronRidge Resources* (IRR LN) – Demerger and A$7.2m raise for Ricca Resources Oriole Resources (ORR LN) – Identification of priority targets for follo
Companies: AEX GSS IMG GRL ORR RMM SRB SHG ALL SGZ
Anglo American (AAL LN) – De Beers commissions survey of ocean floor off the coast of Greenland Ariana Resources (AAU LN) – Drilling results from Kokkinoyia Atalaya Mining (ATYM LN) – Drilling success at Masa Valverde prompts extension of drilling campaign Bushveld Minerals* (BMN LN) - BUY - Valuation 33p - Vanchem kiln 3 to lead expansion of vanadium Oriole Resources (ORR LN) – Cameroon gold targets identified Peak Resources (PEK AU) – Royalty repayment agreement completed PureGold Minin
Companies: PGM AAL AAU BMN ORR ATYM PEK
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
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
AfriTin* (ATM LN) – Uis mine in Namibia continues to exceed exceeds its planned tin concentrate output Arkle Resources* (ARK LN) – Mine River gold exploration project drilling programme to be extended to follow up latest results Caerus Mineral Resources (CMRS LN) – Pano Lefkara drilling results Ferro Alloy Resources (FAR LN) – Patent received in Kazakhstan for technology to produce ERFB electrolyte Horizonte Minerals (HZM LN) – Export Credit finance approvals for the Araguaia ferronickel pro
Companies: FAR YRI ATM ARK CMRS HZM ORR URU 358
Oriole has a lot going on: The results from first-pass stream sediment sampling at the district-scale licence package in Cameroon indicate multiple occurrences of gold in drainage, many of which coincide with major structures and previously defined remote sensing targets. Elsewhere in Cameroon, Oriole is preparing to kick off Phase 2 drilling at Bibemi following up on mineralisation identified in Phase 1. Results have been flowing in from Senala in Senegal where Oriole has a JV with IAMGOLD, in
Research Tree provides access to ongoing research coverage, media content and regulatory news on Oriole Resources PLC. We currently have 165 research reports from 6 professional analysts.
Following the announcement of test results for all three zones at Royston, where we now see a compelling oil development opportunity, we have revisited our FY21F and FY22F estimates for Touchstone and introduce numbers for FY23F. Our forecasts for the financial year just ended are not materially changed (certainly in revenue and net profit terms) – with Touchstone’s results for the nine months to September having previously indicated that it was tracking reasonably well against our estimates for
Companies: Touchstone Exploration Inc
Companies: Shanta Gold Limited
Joiners: No Joiners Today. Leavers: Rutherford Health has left the AQSE and Prime People has left AIM. What’s cooking in the IPO kitchen? ACP Energy plc, a company formed for the purpose of undertaking an acquisition or acquisitions of a majority interest in a company, business or asset, seeking to join the Main Market (Standard) The Company intends to focus on opportunities in the natural resources sector, raising gross proceeds of £830k. Due 28 Jan. Artemis Resources ltd, an ASX listed mining
Companies: STAF CASP EKF SAR LTG ERGO EDR BARK
Bushveld ended 2021 on a firmer operational footing than it began the year, its focus on stabilising production levels at Vametco helping it reach the upper end of its rebased full-year group production guidance range whilst keeping costs under control. With operational stability now in place, thoughts can once more turn to growth. The commissioning of Kiln 3 at Vanchem is on track for Q2 2022 and should bring higher rates there in H2 and see Bushveld exit the year with a sustainable group produ
Companies: Bushveld Minerals Limited
Pantheon Resources announced that it has commenced drilling the Theta West #1 well, which has now drilled to a depth of 1,874 feet – target depth is circa 9,200 feet. The well is targeting i) the Upper Basin Floor Fan and ii) the Lower Basin floor fan, both of which are referred to as Theta West. Theta West has a combined best estimate success-case recoverable resource of 1.4 billion barrels of oil.
Companies: Pantheon Resources plc
Wentworth Resources plc has released a strong operational update and its 2022 production guidance, with the Company in its strongest ever position in its corporate history. In Q4/21 Wentworth achieved an all-time quarterly production record at Mnazi Bay of 91.5MMscf/d, demonstrating the continued strong demand for gas in Tanzania. FY21 average gross production was 81.6MMscf/d, above the high-end of the Company's revised guidance (70-80MMscf/d) and our own estimate (80MMscf/d). Gross production g
Companies: Wentworth Resources PLC
Phoenix copper today announces the results of its geophysical surveys over the Navarre Creek licence in Idaho. The results of the survey point to two intrusive bodies underlying glacial till and a 2.3 x 1.0 mile alteration corridor with alteration consistent with the potential for “Carlin” style epithermal gold-silver deposits. The survey took the form of a ground-based magnetic survey (to search for the presence (or not) of magnetite in the intrusive bodies and in the magnetite skarns associa
Companies: Phoenix Copper Ltd. (United Kingdom)
As part of the Stage 3 work programme, Falcon Oil & Gas has confirmed that it will embark on a fully-funded, high-impact, extensive work programme in 2022. The Company will drill, fracture stimulate and test two 2,000m+ horizontal wells, with the aim of providing line of sight to the commercialisation of the Beetaloo. The programme will focus on the Amungee Member B shale, following the successful production log test in 2021, which suggested a normalised gas flow rate of 5.2-5.8MMscf/d per 1,000
Companies: Falcon Oil & Gas Ltd.
As expected, Hargreaves has reported a very strong set of interims (earnings increasing ninefold) with good progress reported in all areas of the Group. HRMS was the standout performer and looks increasingly likely to remain a significant profit and cash generator for the Group over the medium term. This drives further, material forecast upgrades (PBT and EPS >20% in all forecast years) and triggers an uplift in our TP to 590p (from 560p). With continuing earnings momentum and a 5% dividend yiel
Companies: Hargreaves Services plc
Savannah’s FY21 trading update demonstrates continued progress at its Nigerian operations, with strong growth in gas volumes, revenues ahead of guidance, robust cost controls and net debt levels declining. This should be encouraging for investors as Savannah expands its sphere of operations and looks to deliver growth on multiple fronts – the recently announced Chad/Cameroon acquisitions are highly accretive and set to more than double the scale of the company’s operations, while additional grow
Companies: Savannah Energy Plc
Companies: Sylvania Platinum Ltd.
Companies: Atlantic Lithium Limited.
SolGold’s (“SOLG”) regional drive has started to yield tangible results from promising projects including Tandayama-America (“TAM”) and Cacharposa at Porvenir. We evaluate the potential value these projects could add even at this early stage in their development and key catalysts moving forward. TAM in our view could substantially derisk development at Alpala through early starter pit material whilst Alpala is caving, bringing forward first production and simultaneously enhancing the project’s N
Companies: SolGold Plc
Trinity has released a Q4/21 and FY21 operational update, in which it emphasises the significant portfolio of opportunities available, and progress made by the Company to meaningfully scale the business. FY21 production was at the top-end of guidance at 3,069bopd, despite no new wells being drilled during 2021 and the ongoing COVID related restrictions. The Company's strong production performance, together with strict cost controls helped maintain a low operating breakeven below US$30/bbl (at US
Companies: Trinity Exploration & Production Plc
• 4Q21 gross production was 91.5 mmcf/d, above our expectations of 85 mmcf/d. • The FY22 gross production guidance has been set at 75-85 mmcf/d (we carry 80 mmcf/d) with contracted gas prices of US$3.44/mmbtu and net capex of US$2.3 mm. The FY22 production guidance represents an increase of 5 mmcf/d compared to the most recent FY21 guidance. • During December, the company bought back US$2 mm of its shares (out of a programme of up to £2 mm announced in December). • Net cash at YE21 was US$22.8
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