Greatland Gold PLC - 2024 Group Mineral Resource Statement
Greatland Gold PLC's inaugural Telfer Mineral Resource estimate delivers 3.2 million ounces of gold and 117,000 tonnes of copper, extending the Telfer mine's life potential. Group Mineral Resources reach 10.2 million ounces of gold and 387,000 tonnes of copper. Significant progress made in just 15 weeks post-acquisition, underscoring growth and operational potential.
Zotefoams PLC - Preliminary Results
Zotefoams reports a 16% revenue increase to £147.8m, with a 20% rise in operating profit before exceptional items. The company sets ambitious growth targets with a strategy focusing on industry alignment and sustainability. Key initiatives include investments in new technologies and facilities to strengthen its market position and global reach.
Helium One Global Ld - Jackson-4 Intermediate Section Drilling Complete
Helium One Global, a primary helium explorer in Tanzania, announces the successful drilling of the intermediate hole section of Jackson-4 in Colorado's Galactica-Pegasus helium project. The well, drilled to a depth of 1,123ft, is progressing towards the target Lyons Sandstone Formation, with completion and production testing anticipated following cementing, logging, and further drilling activities.
Pensana Plc - Update on Longonjo Finance
Pensana Plc has secured approvals for US$268 million financing for its Longonjo rare earth project in Angola. Key participants include the Africa Finance Corporation and Absa Bank, supporting the project's first phase development through loans and equity. Longonjo is set to become a leading supplier of magnet metal rare earths essential for renewable energy technologies.
Kefi Gold and Copper - Co-Lenders’ Boards and Committees Approve Project
KEFI Gold and Copper plc has announced that both co-lending banks have obtained committee and Board approvals for the Tulu Kapi project. Community support for resettlement plans is also secured. The $240 million project aims to generate significant cash flow, with further steps required for full project funding sign-off.
Fusion Antibodies - Placing to raise approximately £1.17 million
Fusion Antibodies PLC has announced a conditional placing to raise approximately £1.17 million through the issue of 17,365,228 new ordinary shares at 6.75 pence per share. This funding will support the company's expansion efforts and the validation of its OptiMAL® platform. The placing is divided into two tranches, with the second contingent on shareholder approval.
Power Metal Res. - Haneti Project Review
Power Metal Resources PLC, in agreement with Katoro Gold PLC, has decided to cease investment in the Haneti Project due to insufficient prospectivity. Power Metal, holding 35% of Haneti, prioritizes shareholder value and will evaluate similar decisions for its global portfolio, which spans North America, Africa, Saudi Arabia, and Australia.
Chariot Limited - Etana Energy Financing
Chariot Limited, an Africa-focused transitional energy group, announces that Etana Energy has secured US$55 million in guarantee finance and up to US$20 million in equity investment from Standard Bank and Norfund. This funding supports Etana’s growth, enabling the first financial close of a solar project and unlocking new renewable projects in South Africa.
Yu Group PLC - Final Results
Yü Group PLC, an independent supplier of UK corporate energy needs, announced its 2024 results with a 40% increase in revenue to £645.5m and extended its market share to 2.7%. A robust growth trajectory is set for 2025, aided by investments in smart meters and expanded strategic partnerships.
Alkemy Capital Invs. - TVL - Exclusive Negotiation for Lithium Supply
Alkemy Capital Investments Plc, owner of Tees Valley Lithium (TVL), has entered exclusive talks with Touchstone Capital Partners to secure a long-term feedstock agreement for over 100,000 tonnes of lithium carbonate equivalent. This deal will support TVL's lithium hydroxide refinery in Teesside, ensuring a sustainable supply chain for Europe's battery industry.
Chariot Limited - Etana Energy secures 75MW of Solar Power
Etana Energy has reached financial close on a 20-year Power Purchase Agreement for the 75MW Du Plessis Dam PV2 solar project in South Africa. This venture, marking Etana's first solar generation project, will be developed by Mulilo. Construction is set to begin in Q2 2025, backed by US$155m in guarantee finance.
Fonix PLC - Interim Results
Fonix PLC announces its interim results for the six months ended 31 December 2024. Noteworthy developments include a 6.5% increase in gross profit, key international contracts in Portugal, and an expanded product suite. The company remains confident about growth prospects, supported by technological innovation and strategic partnerships.
OptiBiotix Health - Commercial Update
OptiBiotix Health plc reports a robust growth trajectory with a 56% surge in sales orders for 2024. The company has cleared substantial stock from previous years, boosting gross margins. With successful launches in India and the USA, alongside expanding e-commerce, OptiBiotix is poised for a transformative year, fortifying its position in global markets and setting the stage for profitability in 2025.