Anglesey Mining (AYM LN) – £768k raised to progress Parys Mountain and Grängesberg projects BHP (BHP LN) - looks to DRC copper in major policy shift Cora Gold (CORA LN) – Step out and infill drilling returns good grades at Sanankoro Lithium Americas (LAC US) – Thacker Pass MRE increase and project scale upgrade Strategic Minerals* (SML LN) – Progress at Leigh Creek
Companies: AYM BHP CORA SML
Arc Minerals* (ARCM LN) – BUY – Assay results due soon from Cheyeza discovery. Annual results comment Aura Energy* (AURA LN) – Annual results and project review Empire Metals* (EEE LN) – Exploration update at Central Menzies Eurasia Mining* (EUA LN) – Well capitalised with strong asset base to help the team deliver on development strategy Europa Metals Limited (EUZ LN) – Updated resources estimate at the Toral zinc, lead, silver project in Spain Ormonde Mining* (ORM LN) – Resignation of exe
Companies: AEE ORM ARCM EEE EUA RMM SML URU VAST EUZ
Joiners Petershill Partners (PHLL.L), has joined the Main Market (Premium), a leading investment group providing bespoke capital and strategic solutions to some of the world's best performing alternative asset management firms. Petershill Partners today comprises minority investments in 19 high-quality Partner-firms, previously held in private funds managed by Goldman Sachs Asset Management (GSAM). The Partner-firms have US$187 bn of aggregated assets under management. The Offer would comprise (
Companies: ABDP EKF HMI JSE SML
BHP (BHP LN) – Influential proxy adviser urges shareholders to vote against climate plan GreenRoc Mining (GROC LN) – Admission to AIM Rambler Metals and Mining* (RMM LN) – Covid19 disruption triggers delay in interim accounts Rockfire Resources (ROCK LN) – Drilling progresses at the Copperhead project Strategic Minerals* (SML LN) – Results from exploration west of Redmoor Xtract Resources (XTR LN) – Bushranger Phase 2 drilling
Companies: BHP ROCK RMM SML XTR
Aura Energy* - (AURA LN) – Quarterly report highlights progress with Tiris uranium project Beowulf Mining* (BEM LN) – £100k investment in Vadar Caerus Mineral Resources (CMRS LN) – Option agreement with Bezant Resources Caterpillar – (CAT N) – Cost inflation hits shares despite rise in quarterly earnings CGN Mining (1164 HK) – CGN Mining signs deal to acquire 49% of Ortalyk from Kazatomprom for US$435m Power Metal Resources* (POW LN) – Significant expansion of exploration ground in the KCB
Companies: CAT CAT TSG TSG AEE BEM CMRS 1164 KAV POW RMM SML TYM VUL
Alba Mineral Resources (ALBA LN) - Completion of surface drilling at Clogau Arc Minerals* (ARCM LN) – Drilling starts on the Fwiji licenses in Zambia Caerus Mineral Resources (CMRS LN) – Drilling underway at Troulli Controlled Thermal Resources - GM secures California-based Lithium supply Europa Metals Limited (EUZ LN) – Initial work submitted under Spanish Government Grant to progress the Toral zinc, lead, silver project in Spain Shanta Gold (SHG LN) – FY21 guidance revised down on lower g
Companies: ALBA ARCM CMRS SHG SML EUZ VUL
Bluejay Mining* (JAY LN) - BUY - Valuation 37.7p – Major disruption to Richards Bay and Durban ports helps ilmenite prices higher Bushveld Minerals* (BMN LN) – Unrest in South Africa closes ports as Transnet declares force majeure Capital Limited (CAPD LN) – Record first half as drilling and non-drilling sectors continue to grow Castillo Copper (CCZ LN) – Further drilling results from the ‘Big One' prospect Horizonte Minerals (HZM LN) – Progress report on financing the Araguaia ferronickel p
Companies: CAPD JAY BMN WRES HZM SRB SML CCZ
Altus Strategies* (ALS LN) – BUY, 118p – New targets defined at the Tabakorole Gold Project Anglo Asian Mining* (AAZ LN) – AGM letter lays out production growth outlook Castillo Copper (CCZ LN) – Drilling encouragement from the Mt Oxide project Oriole Resources (ORR LN) – Drilling at Bibemi supports potential for large-scale gold mineralisation Ormonde Mining* (ORM LN) – Requisitions for additional directors to be proposed at AGM Strategic Minerals* (SML LN) – 2020 results and outlook Sunr
Companies: ALS ORM AAZ ORR SML SRES TGR CCZ
AEX Gold (AEXG LN) – COO departs Arc Minerals* (ARCM LN) – Delay to accounts due to additional time to complete audit due to Covid-19 restrictions Arkle Resources* (ARK LN) – Drilling at the Mine River project encounters gold in the first three holes Hummingbird Resources (HUM LN) – Dugbe Gold Project PEA results Pasofino Gold (VEIN CN) Lucara Diamonds (LUC CN) – C$38m funding for the Karowe mine Serabi Gold* (SRB LN) – Chief Executive's operational review for AGM Strategic Minerals* (SM
Companies: AEX LUC VEIN ARCM ARK HUM POG RBW SRB SML TGR
What’s cooking in the IPO kitchen? Seraphim Space Investment Trust PLC, a newly established closed-ended investment company which will invest in a diversified international portfolio of early and growth stage Space Tech businesses, announces the publication of its Prospectus in connection with the IPO to the Premium Segment of the Main Market. The Company is targeting gross proceeds of up to £180m through the issue of up to 180m Ordinary Shares by way of the Initial Placing, the Offer for Subsc
Companies: ANA AGL DEC JADE MMH MIRI MJH SHNJ RUA SML
Atalaya Mining (ATYM LN) – Improved recovery and throughput at Proyecto Riotinto delivers increased Q1 copper production B2Gold Corp (BTO CN) - commissions world's largest off-grid solar plant KEFI Gold and Copper (KEFI LN) – Tulu Kapi project funding targeted for H2/21 and Hawiah Phase 4 drilling launched ahead of the MRE update Nornickel (GMKN) – Nornickel to boost output of nickel products in Finland for EV battery market Orosur Mining* (OMI LN) – Q3 results highlight strong progress at A
Companies: BTO RSG OMI GMKN WRES KEFI PXC SML ATYM
Anglo Asian Mining* (AAZ LN) BUY – H2/20 exploration work returns exciting results at Gedabek CA Bushveld Minerals* (BMN LN) - Strong Buy 31p – Vanadium prices rise as new demand meets tight supply Gemfields (GEM LN) – Resumption of operations at Kagem and Montepuez after a year of disrupted production and sales GoldStone Resources* (GRL LN) – Exercise of warrants raises £1.2m Power Metal Resources* (POW LN) – Portfolio update Strategic Minerals* (SML LN) – Continued access to Cobre confir
Companies: GML AAZ BMN GRL POW SML
Research Tree provides access to ongoing research coverage, media content and regulatory news on Strategic Minerals PLC. We currently have 159 research reports from 3 professional analysts.
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)
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
Diversified Energy Company (DEC) has announced a fourth acquisition within the Company's Central Region, acquiring a portfolio of upstream assets and related infrastructure from Tapstone Energy Holdings LLC and its related party, KL CHK SPV LLC. Oaktree Capital will co-invest in the acquisition, representing Oaktree's third co-investment since May this year. Importantly, Oaktree's participation provides important third-party validation whilst also affording Diversified additional liquidity and l
Companies: Diversified Energy Company PLC
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
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
Companies: Thungela Resources Limited
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
Brent crude topped $85 a barrel in London for the first time since 2018, the latest milestone in a global energy crisis that has seen prices soar. Oil Prices: West Texas Intermediate for November settlement rose 97 cents to settle at $82.28 a barrel in New York. Brent for December delivery added 86 cents to settle at $84.86 a barrel. The global benchmark rose above the key level in intraday trading but did not settle above it on Friday. US crude futures posted an eighth straight weekly
Companies: FO 88E DEC EME GTC TRIN UOG WEN
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
Anglo Asian Mining* (AAZ LN) - BUY – 180p – 4.5c special dividend BeMetals (BMET CN) –– Drilling commences at South Mountain, Idaho Condor Gold* (CNR LN) – BUY, valuation 102.5p – Progress of the La India feasibility study Hochschild (HOC LN) - Hochschild to spin off rare earth assets Rambler Metals and Mining* (RMM LN) – BUY, fair value 10.7p - Ming mine underground drilling programme demonstrates grade and width improvements at depth SolGold* (SOLG LN) – Tandayama-America initial resour
Companies: BMET AAZ CNR HOC RMM SOLG
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
With the recent acquisition of producing assets in the US, Canadian Overseas Petroleum (COPL) has started a new chapter in its existence and has already transformed its value proposition to investors. Following the recent operational developments, we are already seeing potential for a significant additional value accretion in the next 12 months, not only from the producing Barron Flats Unit (BFU), but from several other opportunities as well. The potentially better-than- expected production ramp
Companies: Canadian Overseas Petroleum Limited
