Atlantic Lithium* (ALL LN) – Shareholders approve demerger of gold assets Castillo Copper (CCZ LN) – Extension of options to acquire the Litchfield and Picasso lithium projects Cornish Lithium (Private) – $18m funding package secured from TechMet Hochschild (HOC LN) – Shares rise as government appears to back away from closure plans Hummingbird Resources (HUM LN) – Updated mineral reserves extend Yanoflila LOM and delivers maiden estimate at Kouroussa Phoenix Copper* (PXC LN) – Deep drilli
Companies: HOC HUM PXC PREM CCZ ALL
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 ALL
Joiners Access Intelligence (ACC.L) has acquired Isentia Group. The Acquisition constitutes a reverse takeover under AIM Rule 14. £50m to be raised on admission of the fundraising shares. Anticipated Mkt cap on re-admission of the Enlarged Group: £153.1m (based on the placing price of 120 pence). The Enlarged Group will provide a broad suite of technology products for marketing intelligence, reputation management, and data insights and the Enlarged Group's main country of operation will be Aust
Companies: BSP ECR ALL MOS PREM REDX SCE XLM WSBN ZPHR
Ariana Resources (AAU LN) – Optimism that Kiziltepe mine life can be extended based on recent drilling results Gem Diamonds (GEMD LN) – Improving diamond prices lift H1 results as demand returns in US and China GoldStone Resources* (GRL LN) – Extension of Gold Loan Interest Payment IronRidge Resources* (IRR LN) – Additional high-grade intersections at Ewoyaa Premier African Minerals (PREM LN) – Zulu lithium/tantalum project drilling SolGold* (SOLG LN) – Drilling underway at the Rio Amarillo
Companies: AAU GEMD GRL PREM SOLG ALL
Exactly one year ago, the FTSE 100 closed at 5,862, having fallen 100 points on the day, the lowest point since mid-May 2020, due in part, to the strength of sterling vs US$ at $1.34. One year on, the FTSE 100 has risen to 7,119, a rise of 21%, it remains 7% below the peak in January 2020. From an international viewpoint, US and European markets continue to trade at record highs. The US Federal Reserve is close to withdrawing some of its economic support this year as inflation picks up and the e
Companies: AMYT BAG BVC BRSD CLG CML FBD GDWN INV MACF MNZS MIO NRR NSF NBI MATD PREM QFI RUA SCS STVG SUR SNX UPGS VAST VLS
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 ALL
We note that commodity prices have surged over the past year on the back of trillions of dollarsreleased in the form of stimulus packages to help the global economy recover from the pandemic, boosting demand forraw materials. More specifically,the recent acceleration in potash pricesis supported, at least partly, by strong demand from farmers followingmulti-year high crop prices, particularly in the USA, Brazil and SE Asia. To a lesser extent, the recent US, UK and EU sanctions against Belarus,
Companies: EML KP2 PREM DNK
Altus Strategies* (ALS LN) - BUY – Valuation under review – $34m to secure the first revenue generating royalty with more deals to follow Ariana Resources (AAU LN) – Arzu South drilling results BHP (BHP LN) - BHP to drop London listing and agrees deal to merge its oil & gas business with Woodside Petroleum in all-share deal Glencore (GLEN LN) – Glencore signs partnership with Britishvolt for its UK gigafactory Phoenix Copper* (PXC LN) – Interim results and projects update Premier African Mi
Companies: ALS AAU BHP GLEN PXC PREM SRES TGR
Altus Strategies* (ALS LN) – BUY, Target 118p – Encouraging Tabakorole Gold Project drilling results Anglo Asian Mining* (AAZ LN) - BUY – Maiden Zafar resource underpins future long term production growth BHP (BHP LN) - BHP in talks to exit oil & gas industry BlueRock Diamonds (BRD LN) – Very large 58.6ct diamond discovered at Kareevlei Diamond Mine Kavango Resources (KAV LN) – Exploration progress at KSZ Hukuntsi Mkango Resources* (MKA LN) – Conditional approval from TSX-V for issue of sh
Companies: MKA ALS AAZ BHP BRD KAV ORR PREM
Bacanora Lithium (BCN LN) – Bacanora grants extension to Ganfeng offer Cora Gold (CORA LN) – £3.1m placing Kavango Resources (KAV LN) – Copper-silver targets identified on KCB licenses Nordgold – Expecting to list in London capitalising on strong gold price environment. OreCorp (ORR AU) – The cabinet approves Nyanzaga SML Premier African Minerals* (PREM LN) – £1m placing to fund Zulu feasibility study Pan African Resources (PAF LN) – Renewal of Barberton's Mining Licence Tertiary Minerals
Companies: BCN CORA KAV PAF PREM TYM ORR
The UK market showed a continued recovery in the first quarter albeit the indices are still well short of their all-time peaks, unlike many of their international peers. The FTSE 100 has risen by 1,186 points (21.4%) since the end of October and the FTSE 250 by 4,304 points (25.0%). The comparable performance since the start of the year is less spectacular- the FTSE 100 has risen by 253 points (3.9%) and the FTSE 250 has risen by 1,070 points (5.0%). The factors behind the sustained rally are fa
Companies: AMYT ARBB CEG BAG BVC BEG BONH BLVN BRSD CML CWK CRPR EYE ECHO FDM FAR FA/ GPH GSF HUW INSE JDG KAPE KP2 MACF MPAC MNZS NESF NBI OTMP OBD PREM QFI RUA SCS SEN SOS SUR TON TOU TXP TGL TCN UEM VLS WYN
AEX Gold Inc (AEXG LN) – Gold mineralised structure extends to depth at Nalunaq in Greenland | Alba Mineral Resources (ALBA LN) – Progress at Clogau not affected by Covid-19 | Anglo Asian Mining* (AAZ LN) - BUY –Earnings update Antofagasta (ANTO LN) – Q3 report highlights 4.6% output drop | Atalaya Mining (ATYM LN) – Acquisition of 66mt VMS deposit 28km from Proyecto Riotinto | Centamin (CEY LN) – Quarterly production update and revised FY20/21 guidance | Petra Diamonds (PDL LN) – Tender process
Companies: AEX ALBA AAZ ATYM CEY PDL PREM SOLG
Research Tree provides access to ongoing research coverage, media content and regulatory news on Premier African Minerals Ltd.. We currently have 232 research reports from 8 professional analysts.
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
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
Joiners No joiners today Leavers 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
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.
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.
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
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
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
Joiners No Joiners Today. Leavers No Leavers Today. What’s cooking in the IPO kitchen? Public Policy Holding Company, to join AIM. PPHC, through its wholly-owned companies, operates a portfolio of independent firms that offer public affairs, crisis management, lobbying and advocacy services on behalf of corporate, trade association and non-profit client organisations. Mkt Cap and Capital to be raised TBC. Expected admission date Mid Dec. Libertine to join AIM. Libertine has developed a technolog
Companies: TRAK GAMA AAZ FNTL DPP
Companies: Atlantic Lithium Limited.
AUCTUS PUBLICATIONS ________________________________________ N/A IN OTHER NEWS ________________________________________ AMERICAS 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
Q3 2021 results; new Romania drilling planned
Companies: Serinus Energy plc
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