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
Alba Mineral Resources (ALBA LN) – Expansion of mineral licences in North Wales
Aura Energy* (AURA LN) – Exploration activities at the Tiris Uranium and Tasiast South Projects
BlueRock Diamonds (BRD LN) – Interims highlight progress towards 1mtpa throughput target
Caerus Mineral Resources (CMRS LN) – Copper and gold confirmed in the Kalavasos dumps
Eurasia Mining (EUA LN) – $15m equity raise to progress Rosgeo JV
Rainbow Rare Earths* (RBW LN) BUY, Valuation range 39-60p – K-Tech processing
Companies: AEE BRD CMRS EUA RBW SRB URU
AEX Gold (AEXG LN) – Further management changes at AEX to drive development of new plan
Altus Strategies* (ALS LN) – Valuation 125p – First Caserones NSR royalty payment in respect of Q2/21 expected this month
Beowulf Mining* (BEM LN) – CEO letter to Minister Baylan regarding Kallak
Bluejay Mining* (JAY LN) – Valuation 37.7p – Interims highlight activity towards development of the Dundas ilmenite mine and other exploration
Caerus Mineral Resources (CMRS LN) – Progress report on prospective j
Companies: AEX ALS BEM JAY CMRS CORA PDL POW TYM URU CCZ IRR
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
Altus Strategies* (ALS LN) – BUY, Target 118p – New addition to the team to manage Egyptian portfolio of assets
BHP (BHP LN) – Main workers union at Escondida rejects company offer
Newcrest Mining Ltd (NCM AU) – Additional targets close to Havieron
Piedmont Lithium (PLL AU) – Delays predicted supply timeline for Tesla deal
PureGold Mining (PUR LN) – PureGold reaches commercial production
URU Metals* (URU LN) – Zebediela project sale completed
Companies: PGM ALS BHP URU NCM PLL
Anglo American (AAL LN) – De Beers reports continuing strength in diamond jewellery and expects continuing positive demand during H2
Aura Energy* - (AURA LN) – Progress with Tiris uranium project
BHP (BHP LN) – BHP Group makes all-cash offer to pay C$0.55/s for Noront Resources valuing the Company at C$325m.
Noront Resources (NOT CN) – Offer from BHP at C$0.55/s
Bluejay Mining* (JAY LN) – BUY - Valuation 37.7p - partial divesting of black shale properties in Finland
Empire Metals* (EEE LN)
Companies: AEE AAL BHP JAY PDL POW RIO URU RNU SGZ
Amur Minerals* (AMC LN) – $165k coupon collected NRR convertible | Anglo Asian Mining* (AAZ LN) – Production at 69koz GEO and cash balance climbing to ~$40m in FY20 | Atalaya Mining (ATYM LN) – Record copper production at Proyecto Riotinto in 2020 | Condor Gold* (CNR LN) – Directors exercise options | IronRidge Resources* (IRR LN) – 12,500m drill programme commenced at Ghana Lithium Project | Ormonde Mining* (ORM LN) – Ormonde announce deal for new high-grade copper, silver and zinc projects | O
Companies: AMC AAZ ATYM CNR IRR ORM OMI SML URU
Amur Minerals* (AMC LN) – $165k coupon collected NRR convertible
Anglo Asian Mining* (AAZ LN) – Production at 69koz GEO and cash balance climbing to ~$40m in FY20
Atalaya Mining (ATYM LN) – Record copper production at Proyecto Riotinto in 2020
Condor Gold* (CNR LN) – Directors exercise options
IronRidge Resources* (IRR LN) – 12,500m drill programme commenced at Ghana Lithium Project
Ormonde Mining* (ORM LN) – Ormonde announce deal for new high-grade copper, silver and zinc projects
Companies: OMI ORM AMC AAZ CNR SML URU ATYM IRR
Adriatic Metals* (ADT1) – Two permits received at Vares | AEX Gold Inc (AEXG LN) – Quarterly results and development progress | Atalaya Mining (ATYM LN) 191.5p, Mkt Cap £263m – Robust quarterly performance on the back of record quarterly production at Proyecto Riotinto | Bluejay Mining* (JAY LN) – Bluejay wins ability to reclaim VAT paid to HMRC | Condor Gold* (CNR LN) – CEO presents at Canadian Mining Symposium | Cornish Metals* (CUSN CN) – United Downs drill results show high-grade copper and
Companies: ADT AEX ATYM JAY CNR CUSN PAT POW KAT URU VRS
Beowulf Mining* (BEM LN) – IP survey highlights anomalies for drill testing | Jubilee Metals Group (JLP LN) – Jubilee raises rights to copper tailings in Zambia | Panther Metals (PALM LN) – Reconnaissance exploration at Dotted Lake, Ontario | Rockfire Resources (ROCK LN) – Additional drilling results from Plateau project in northern Queensland | Tri-Star Resources* (TSTR LN) – Results for 2019 | URU Metals* (URU LN) – Notice extended for convertible loan note
Companies: BEM JLP PALM ROCK URU
Power Metal Resources* (POW LN) – Drilling commences in Botswana | Rio Tinto (RIO LN) – Maintaining production and capex guidance across key products after solid Q3 | URU Metals* (URU LN) – EIA progress update
Companies: POW RIO URU
Ariana Resources* (AAU LN) – Kiziltepe remains on track amid strong metal prices | Altus Strategies* (ALS LN) - BUY – 100p – Interims | Galantas Gold (GAL LN) – Q2/H1 results reports that a strategic review of the future of the Omagh mine is underway | Ganfeng Lithium (002460 SHE) – Ganfeng Lithium reports difficult first-half | IronRidge Resources* (IRR LN) – IronRidge joins European Battery Alliance | Power Metal Resources* (POW LN) – Geophysics helps refine targets at Molopo Farms | Sunrise
Companies: AAU ALS 1772 IRR POW SRES URU
Anglo Asian Mining* (AAZ LN) - BUY – 18.2koz produced in Q1/20 with 75-80koz FY19 guidance on target | Ariana Resources* (AAU LN) 345p, Mkt Cap £35.0m – Q1 Production report | Atalaya Mining (ATYM LN) 119p, Mkt Cap £154.5m –Production ramps to design capacity at Proyecto | Riotinto Bluejay Mining* (JAY LN) 3.87p, Mkt cap £36m – Exploration Licences in South Greenland offer great potential | Chaarat Gold* (CGH LN) - BUY – Proposed equity raise | Highland Gold (HGM LN) 231p, Mkt Cap £842m – Strong
Companies: AAZ AAU ATYM JAY CGH RBW SML URU
Arc Minerals* (ARCM LN) STRONG BUY – Financial results to end March 2019 | Bushveld Minerals* (BMN LN) BUY – Valuation 80p – Tanya Chikanza appointed as Finance Director of Bushveld Minerals | Caledonia Mining (CMCL LN) – Quarterly dividend | MOD Resources (MOD LN) – Overwhelming shareholder approval for Scheme of Arrangement | Peak Resources (PEK AU) – Ngualla transaction “not fair but reasonable” | Strategic Minerals* (SML LN) – Interim results | Orosur Mining* (OMI LN) – Continental Gold expe
Companies: ARCM BMN CMCL MOD PEK SML OMI SHG URU
Altus Strategies* (ALS LN) – Quarterly update | Premier African Minerals* (PREM LN) – Clarification on Circum Minerals | URU Metals* (URU LN) – Progress report on Zebediela permitting
Companies: PREM URU ALS
Research Tree provides access to ongoing research coverage, media content and regulatory news on URU Metals Limited.
We currently have 48 research reports from 4
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
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
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
The results of the recent Extended Well Test (EWT) programme at the West Newton project site located within UK onshore licence PEDL183 (UJO: 16.665%) have confirmed that the WNA-1, WNA-2 and WNB-1z wells represent significant hydrocarbon discoveries within the Kirkham Abbey formation. In this regard, the operator has issued updated best estimate in-place hydrocarbons volumes for the wider licence area and will now sanction several external studies which will encompass a range of potential reserv
Companies: Union Jack Oil Plc
West Newton A-2 flow test and resource update
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Gymshark has started to put together plans for a stock market listing according to City A.M. The company hit a £1bn valuation just over a year ago and boasts customers in more than 130 countries. Gymshark was founded by teenager Ben Francis in 2012 in his parents’ garage with products that appeal to Gen Z consumers. Timing TBA
Rubix Group Holdings, the market leading pan-European distributor of industrial main
Companies: ZOO CUSN ECHO IDEA PURP TEK
Based on the success of the Talitha #A well result, we are upgrading our fair value estimate for Pantheon Resources to 172p (from under review; and from a pre-drill fair value estimate of 89p). We believe that the Talitha #A result confirmed the presence of multiple oil-bearing conventional oil reservoirs that have success-case potentials of elephantine scale. Our valuation reflects only the potential of Pantheon Resources' prime assets for which resource estimates have been provided; namely, Th
Companies: Pantheon Resources plc
Falcon Oil & Gas has announced the completion of the drilling of the Velkerri 76 appraisal well to a total vertical depth of 2,129m. Preliminary evaluation of the well is very encouraging and has confirmed the presence of four prospective intervals within the Amungee Member, proving both the continuation and the uniformity of the regionally extensive Amungee Member across the Beetaloo Sub-Basin. Analysis of the mud gas data taken during drilling has evidenced that the Amungee Member at the Velke
Companies: Falcon Oil & Gas Ltd.
Companies: Thungela Resources Limited
• 3Q21 production was 9,508 bbl/d in line with our expectations (9,500 bbl/d).
• From October 1 to October 11, production averaged 14,218 bbl/d, down from 15,131 bbl/d over the last 7 day of September and from 15,494 bbl/d over the ten-day average ended September 27. The reduction was due to a ~5.4% downtime and week on week fluctuations.
• Well 8H continues to perform extremely well with 7,485 bbl/d in 4Q21 to date (minimal decline compared to 7,700 bbl/d in average of the first 30 days of oper
Companies: PetroTal Corp.
H1 2021 results
Companies: Hurricane Energy Plc
EQTEC have just announced that it will be investing an additional £2.1m in the North Fork project In California to increase its equity from 10% to 49%. This forms part of EQTEC's wider strategy of ownership in projects to accelerate their development, both in terms of capital and expertise.
Companies: EQTEC PLC
EQTEC have signed an agreement for the proposed acquisition of a 5MW project in Drama, Greece. The plant will produce 5MW of energy from locally sourced forestry waste.
A resilient, low-cost production base, combined with a rising oil price, has helped underpin high levels of cash generation during Q3/21, laying the foundations for Trinity to accelerate investment and in-turn achieve longer-term production growth. Initial results from the continued interpretation of the onshore 3D seismic data have proved very encouraging, with several, potentially meaningful, new plays and leads already identified. Trinity expects to finalise an onshore drilling programme duri
Companies: Trinity Exploration & Production Plc