(Alliance News) - Adriatic Metals PLC on Monday reported a wider annual loss despite booking its first revenue, as 2024 marked Adriatic's transition from mine developer to metals producer at its flagship Vares silver operation. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - London is called to open lower on Wednesday, following soft UK inflation data and ahead of expected spending cuts in Chancellor Rachel Reeves' spring statement. Read More
Adriatic Metals PLC - operates Rupice silver mine and Vares processing plant in Bosnia and Herzegovina - Raises AUD80.0 million, about USD50 million, in a share placing with institutional investors. The two-tranche placing of 20.5 million Chess depositary interests at AUD3.90 per share, about 197 pence, was first announced after the London market close on Monday. The first tranche worth AUD43.3 million will take place immediately, while an additional AUD36.7 million in new shares require approval at a general meeting to be called for March. These are expected to start trading on March 20. The fresh cash will be used to expand the Vares processing plant and to develop the Rupice mine toward nameplate production in the second half of 2025. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - London's FTSE 100 is called to open a touch higher on Thursday, ahead of a European Central Bank decision, and as investors digest a Federal Reserve pause. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday: Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced this week and not separately reported by Alliance News: Read More
(Alliance News) - Adriatic Metals PLC on Monday reported an increase in quarterly ore tonnes mined as it continued ramping up production at its Vares Silver Operation. Read More
Adriatic Metals PLC - Balkans-focused exploration & development company - Receives all permits for phase 1 of the Veovaca tailing storage facility from the Federal Ministry of Energy, Mining & Industry of Bosnia & Herzegovina. This follows a Constitutional Court decision in July, which curtailed development plans for the previously permitted tailing storage facility. Adriatic Metals says workstreams have started, with the first tailings disposal planned for December. There will be no impact on production in the current quarter from this. Read More
Adriatic Metals PLC - Balkans-focused exploration & development company - Confirms interim chief executive officer Laura Tyler as permanent CEO & managing director. Tyler was appointed director in July this year and interim CEO in August, following a 35-year career in executive leadership roles related to underground, polymetallic mining operations, including chief technical officer at BHP Group Ltd. Read More
Adriatic Metals PLC - Balkans-focused exploration & development company - Says production at the Vares processing plant was unaffected by severe storms and flooding that occurred on the central and southern regions of Bosnia & Herzegovina last week Thursday. However, it notes that the railway line that connects Sarajevo to Ploce Port in Croatia has been damaged in the Jablanica region near Mostar, about 70 kilometres south of Sarajevo. Concentrate product will be trucked to Ploce Port until the railway track is fully repaired and operating safely. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
(Alliance News) - Adriatic Metals on Monday said it continued to ramp up production as it gave a sound update. Read More
(Alliance News) - Adriatic Metals PLC on Wednesday announced a widened loss as production increased at its Vares Silver operation in Bosnia, leading to higher costs. Read More
Adriatic Metals PLC - Balkans-focused exploration & development company - On Wednesday a vehicle overturned near the rescue station at the company's Rupice Mine in Bosnia resulting in the death of a local subcontractor who was driving. The area has since been secured, with mining operations suspended for 24 hours. Read More
(Alliance News) - Stock prices in London opened a mixed bag on Thursday, with the FTSE 100 in the green but others trailing behind, after data showed no monthly growth in the UK economy. Read More