Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL)saw strong profits in 2024, with gold production hitting 78,000 ounces and earnings per share up to $1.30. CEO Mark Learmonth said exploration results were positive, and feasibility work at Bilboes could cut capital costs.
Switch Metals Plc (AIM:SWT) has listed on AIM and raised £2 million to advance its tantalum project in Côte d'Ivoire. CEO Karl Akueson says the metal is key to everyday tech, and the company aims to start production within two years.
Oriole Resources PLC (AIM:ORR) is pushing ahead in Cameroon, with new drilling at Bibemi and Mbe and a resource upgrade expected this quarter. CEO Martin Rosser says high gold prices and sector M&A could spark a revaluation.
Zinnwald Lithium PLC (LSE:ZNWD, OTC:ZNWLF) published a pre-feasibility study showing strong economics and backing from Saxony’s government. The project could supply 35,000 tonnes of lithium hydroxide a year for the European battery market.
ACG Metals Ltd (LSE:ACG, OTC:ACGAF) has hedged half its gold at $2,875 an ounce as it transitions toward copper production in Turkey by 2026. CFO Patrick Henze says the hedge helps stabilise cash flow and reassure investors.
