Today's AGM is a timely reminder of the current strong state of Savannah Resources. The company is well-funded, on the final stages of feasibility, close to offtake and partnering for the European battery industry and with every opportunity of expanding its resource footprint. We see a catalyst-rich period for the company as it goes through its work plan and provides updates to the market. Not forgetting the Mutamba Mineral Sands project in Mozambique the value for which we feel is not yet re
Companies: Savannah Resources Plc
Companies: EOG SAV BHC
Anglo American (AAL LN) – De Beers reports continuing robust demand for diamond jewellery from China and the US Ariana Resources (AAU LN) – Resource drilling at Derya shows potential for resource expansion at Kiziltepe Condor Gold* (CNR LN) – Appointment of lead engineer for La India processing plant design Lucara Diamonds (LUC CN) – Karowe mine yields 1,174 carat diamond Nordgold (Private) London IPO pulled citing volatility in the price of the precious metal, FT reports. Savannah Resource
Companies: LUC AAL AAU CNR SAV
Savannah, with its Mina do Barroso lithium project in Portugal, announces that it is a founding member of the Portuguese Association for the Battery Cluster – a new association with 23 members with an aim to “maximize Portugal's potential across the entire battery value chain and complement its strategically important lithium resources and its focus on becoming a European leader of lithium production”.
Altus Strategies* (ALS LN) – Drilling at Tabakorole grows the mineralisation along strike Gem Diamonds (GEMD LN) – Gem Diamonds donates 20,000 Covid-19 vaccine doses to Lesotho GoldStone Resources* (GRL LN) – Warrant exercise provides £1.5m funding to company Savannah Resources* (SAV LN) – FY20 results highlight cost control measures and reduced exploration spend amid Covid pandemic SolGold* (SOLG LN) – SolGold and Cornerstone agree to work cooperatively advance the Alpala project at Cascabe
Companies: ALS GEMD GRL SAV SOLG
Altus Strategies* (ALS LN) - BUY – CEO buys ~£70k worth of shares in the market Ariana Resources (AAU LN) – Exploration underway in Kosovo Castillo Copper (CCZ LN) – Announces 26-hole drilling programme for the Big One prospect Condor Gold* (CNR LN) – Award of Options GoldStone Resources* (GRL LN) – Warrant exercise provides £360k funding to company IronRidge Resources* (IRR LN) – Demerger of gold prospects from lithium project Petropavlovsk (POG LN) – Pioneer flotation plant commissionin
Companies: ALS AAU CNR GRL POG SAV CCZ IRR SGZ
Savannah today announces that it is receiving growing strategic investment and offtake interest in its advanced-stage Mina do Barroso lithium project in Portugal – in our view the most advanced spodumene project in Europe. The strong expectations for the lithium market and the anticipation of significantly higher prices for lithium chemicals has made intermediate spodumene producers an attractive investment proposition. This is perhaps best seen in the spodumene price itself (the lithium conce
Companies: GHH SAV AGL SAVE
Lucara Diamonds (LUC CN) – Project finance approved for Karowe mine underground development Power Metal Resources* (POW LN) – Production license granted at Kisinka Rockfire Resources (ROCK LN) – Raising £850,000 to fund drilling at the Plateau project Savannah Resources* (SAV LN) – New Corporate Environmental and Social Management System
Companies: LUC ROCK POW SAV
Research Tree provides access to ongoing research coverage, media content and regulatory news on Savannah Resources Plc. We currently have 367 research reports from 10 professional analysts.
Companies: Sylvania Platinum Ltd.
Bushveld’s consolidated vanadium production increased by close to 30% in Q2 2021, underpinned by improved operational stability at Vametco following a maintenance shutdown that adversely impacted output in the preceding quarter. If maintained across the second half, current rates at both Vametco and Vanchem put the group well on course to meet its recently revised full-year production target of 3,400-3,600t. With vanadium prices having recovered strongly from last year’s lows, we are optimistic
Companies: Bushveld Minerals Limited
West Newton flow testing update
Companies: Union Jack Oil Plc
Yesterday’s positive trading update confirmed that recent momentum at HRMS, Hargreaves’ German JV, has continued into the early months of the new year. It is already clear that FY’22 results will be materially ahead of previous expectations (66% PBT upgrade). Moreover, FY’21 results will be even better than anticipated (18% PBT upgrade), reflecting the current strength of commodity market conditions. Our new forecasts prudently assume that these conditions normalise during FY’22 with no lasting
Companies: Hargreaves Services plc
• 2Q21 production was 8,825 bbl/d marginally above guidance. • While the 3WD water disposal well has now been completed, one of the booster pumps is not fully operational, constraining water injection . This in turn has constrained current field oil production to~8,800 bbl/d. (Production from the recently drilled 7D well has naturally declined from 3.5 mbbl/d to 2.5 mbbl/d outperforming the company’s expectations). The booster pump is expected to be either repaired or replaced over the next
Companies: PetroTal Corp.
Despite an ongoing state of emergency in Trinidad, Trinity has once again delivered a strong operational and financial performance in Q2/21. Production levels have remained broadly flat quarter-on-quarter at 3,047bopd (Q1/21: 3,107bopd), despite no new wells being drilled since 2019 and notwithstanding the constrained COVID-19 related restrictions. This strong production performance, combined with strict cost controls helped Trinity maintain a low operating break-even of US$27.8/bbl in H1/21, wi
Companies: Trinity Exploration & Production Plc
Antofagasta (ANTO LN) – Q2 production and costs within guidance range Ariana Resources (AAU LN) – Kepez North resource nearly doubles Bushveld Minerals* (BMN LN) – Q2/21 production recovers with annual guidance reiterated Condor Gold* (CNR LN) – Latest drilling results and revised resource assessment from the La India Starter pits Kavango Resources (KAV LN) – Drilling commences at KSZ Hukuntsi Petra Diamonds (PDL LN) – Cullinan delivers record output as diamond market recovers Petropavlovs
Companies: ANTO AAU BMN CNR KAV PDL POG RIO
Although renewable energy has been gaining increasing traction over the past decade as the costs of renewable energy generation and perhaps more importantly, energy storage have fallen, 2020 was a seminal year for transitional energy investors driven by governments seeking to “build back better” after COVID-19. The US has committed US$2.25trn largely focused on the energy transition while the EU has committed US$0.54trn with companies around the world including China committing to net zero targe
Companies: LAM FSJ TGP PRES JMAT CRPR NEXS VLX
EQTEC have just announced their Q2 Trading Update and have highlighted several key updates in their immediate pipeline. In line with our expectations, EQTEC are on track to hit our modelled revenue and EBITDA projections for 2021. Billingham has completed its concept design and progresses towards financial close.
Companies: EQTEC PLC
AfriTin* (ATM LN) –Uis mine in Namibia aiming towards doubling monthly concentrate output Alba Mineral Resources (ALBA LN) – Identification of new gold target close to Gwynfynydd Altus Strategies* (ALS LN) – New silver/copper licenses secured in Morocco Cornish Lithium (PRIVATE) – DLE technology provider selected for the Pilot Plant Greatland Gold (GGP LN) – Additional drilling results from Havieron Piedmont Lithium (PLL US) – A presentation delivered to Gaston County officials Serabi Gold
Companies: PLL ATM ALBA ALS GGP SRB
AUCTUS PUBLICATIONS ________________________________________ GeoPark (GPRK US) C: Target of US$26 per share: 2Q21 update - 2Q21 production of 36,489 boe/d was in line with previous indications. 2Q21 oil production at Llanos-34 and CPO-5 was respectively 24,515 bbl/d and 3,445 bbl/d. Production is now 38-39 mboe/d as previously reported with CPO-5 generating approx. 3,900 bbl/d net to GeoPark. 2H21 production is expected to be 39-42 mboe/d resulting in FY21 production of 38-40 mboe/d from 41-43
Companies: JKX PHAR AKRBP AKERBP FEC GPRK GPRK TAL
United Oil & Gas has provided a H1/21 operational and trading update ahead of a shareholder call at 12pm today. United continues to go from strength to strength with the Company announcing three positive well results at Abu Sennan in H1/21 – providing a material uplift to the Company's low-cost production base, whilst also demonstrating the material remaining potential within the Abu Sennan licence. United's H1/21 net working interest production averaged 2,730boepd, c14% above the Company's 2,40
Companies: United Oil & Gas Plc
Altus Strategies* (ALS LN) - La Mancha launches La Mancha Fund, a Luxembourg based long only fund dedicated primarily to gold mining. Ariana Resources (AAU LN) – Kiziltepe production guidance maintained Castillo Copper (CCZ LN) – Quarterly report highlights the ‘Big One' prospect Chaarat Gold (CGH LN) – Robust Kapan production in H1/21 with Tulkubash funding completion pushed to Q3/21 Glencore (GLEN LN) – Glencore to pay $9.85m to settle zinc rigging dispute Jervois Mining (JRV AU) – Jervoi
Companies: SO4 ALS AAU CGH GLEN POW TYM CCZ JRV LYC
South Harz Potash is expected to start drilling its first of two planned confirmation holes at Ohmgebirge in Q4/CY21. The Company has submitted supplementary detailed information to regional mining authorities to support the final step in the permitting process. As a result of the delays experienced in procuring landowner and tenant approved drill sites and the competition for drill rig availability, South Harz Potash now expects drilling of the second confirmatory twin hole in Q1/CY22. The tw
Companies: South Harz Potash Ltd
What a difference a year makes - 12 months ago, the focus, quite understandably, was on the course of the pandemic and the lifting of the Lockdown (1) measures. For investors, it was the sustainability of the rally in markets seen since March 2020. Today, while we are still thinking about the lifting of lockdown measures, we are also concerned about two “old favourites” from previous decades. Inflation and the parlous state of public finances. The BoE has said that although CPI inflation rose to
Companies: AEMC BVC BAG BRSD BWNG CBOX CEG CTG CLG CML CRPR DNK EML ESC FAR FA/ GPH INSE MTW MOTR MMAG NRR NESF NMCN NSF OTMP OBD SAVE SCS STVG SNX SYS TMG TGL VLS VOG WYN
