East Star Resources Plc (LSE:EST) has entered binding Heads of Agreement with Hong Kong Xinhai Mining Services Limited to establish ajoint venturecompany for the Verkhuba Copper Deposit located in Kazakhstan. The agreement outlines a multi-stage farm-in structure through which Xinhai may earn up to …
Alien Metals Ltd (LSE:UFO) announced a placing of 2B new common shares at 0.09 pence each, generating GBP 1.8M in gross proceeds. The new shares will account for roughly 17% of the enlargedshare capitalafter factoring in both the placing shares and conversion shares.
GreenRoc Strategic Materials Plc (LSE:GROC), a company developing critical mineral projects in Greenland, has received a 30-year Exploitation Licence for the Amitsoq Graphite Project. The licence was issued to Greenland Graphite a/s, a wholly owned Greenland-registered subsidiary of GreenRoc. The permit was signed on …
Premier African Minerals Limited (LSE:PREM) has completed a direct subscription of 869,565,217 new ordinary shares at an issue price of 0.0575 pence per share, raising approximately GBP 500,000 before expenses. The subscription shares will rank pari passu with existing shares and admission to trading …
Berenberg has upgraded its rating on Atalaya Mining Plc (LSE:ATM), shifting the copper producer to buy from hold. The brokerage said the revision comes after a notable share price performance this year and a favourable backdrop for copper markets.
Rome Resources plc (LSE:RMR), the DRC-focused tin and copper explorer, has conditionally raised gross proceeds of GBP1.9M via a placing of 950,000,000 new ordinary shares at 0.2p each. Each placing share includes onewarrant, exercisable at 0.4p over a three-year period. Oak Securities, a trading …
Great Southern Copper plc (LSE:GSCU), focusing on copper, gold, and silver exploration in Chile, has raised GBP 2.5M through a private placing of new equity. The fundraising involves the issuance of 99.64 million new ordinary shares at 2.5 pence each, representing a 10% discount …
Premier African Minerals Limited (LSE:PREM) has received the interim findings from the third-party audit of the Zulu Lithium plant and associated operations. The Audit Report examined the entire plant, including components that may be used in a new plant configuration, and provided observations and …
KEFI (LSE:KEFI), a gold and copper exploration and development company operating in Ethiopia and Saudi Arabia, has confirmed that full development of its Tulu Kapi Gold Project is scheduled to begin by the end of 2025. The announcement follows progress on financing arrangements and …
Great Southern Copper plc (LSE:GSCU) has initiated an expansion of its Phase III drilling programme at the Cerro Negro prospect within the Especularita Project in Chile. A third drill rig is being mobilised to begin scout reverse circulation (RC) drilling across key targets along …