(Alliance News) - Blencowe Resources PLC on Tuesday said it has received its first USD1 million mobilisation tranche payment from the Development Finance Corp. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Blencowe Resources PLC on Monday said China-based specialist laboratory, Jilin New Technology, has completed additional metallurgical test work on the Orom-Cross graphite project. Read More
Blencowe Resources PLC - London-based graphite miner operating the Orom-Cross project in northern Uganda - Says it has successfully completed a "critical component" of the project's definitive feasibility study, with the successful scaled commercialisation of the flowsheet within the bulk sample processing at a pilot plant graphite production facility in China. Blencowe expects the bulk sample test programme to be completed by the end of the month. The 100 tonne pilot plant process is confirming the Orom-Cross ores' commercial processing viability and is currently nearing completion. Blencowe says sampling results continue to show that Orom-Cross can deliver in bulk a high-grade, low impurity concentrate. Says Chinese graphite offtake firms have expressed interest in "substantial quantities" of larger flake and fine concentrates from the project, and that several firms also have approached Blencowe regarding in-country downstream processing opportunities. Read More
Jangada Mines PLC - London-based mining company focused on Brazil - Notes the announcement released by Blencowe Resources PLC in which it holds a 9.5% interest. Blencowe completes critical metallurgical test work on a "substantially increased scale of 150 kilograms by leading Chinese graphite metallurgical test laboratory at Wuhan University". Says results continue to highlight a high grade, low impurity concentrate. Says Blencowe now has "considerably more volume of end product concentrate to send to potential offtake and strategic parties ahead". Read More
Blencowe Resources - London-based mineral exploration and development company - Successfully completes metallurgical test work on its Orom-Cross graphite project in Northern Uganda on a substantially increased scale of 150 kilograms. Testing developed by Chinese graphite test laboratory at Wuhan University in partnership with Jilin New Technology. Says results indicate a high grade, low impurity concentrate. The company has more volume of end product concentrate to send to potential offtake and strategic parties ahead. Blencowe says that open cycle flotation test produced recoveries between 92% to 94% and a concentrate grades range between 95% and 98% for all graphite mesh sizes. Read More
(Alliance News) - Blencowe Resources PLC on Friday said its half-year loss widened, as it focuses on completing a feasibility study and securing funding for its Orom-Cross graphite project in Uganda. Read More
Blencowe Resources PLC - London-based natural resources company focussed on the development of the Orom-Cross graphite project in Uganda - Raises GBP635,000 at 5 pence per share through issue of 12.7 million shares. Placing proceeds will be used to assist the Orom-Cross definitive feasibility study work started early this year, managed by leading firm CPE Engineering. The company will issue investors in the placing with one warrant per two placing shares, exercisable at 8 pence for a period of three years. Jangada Mines PLC, which owns roughly a 9.5% stake in Blencowe, noted the announcement. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Blencowe Resources PLC on Monday said it has appointed engineering firm CPC Engineering to manage the definitive feasibility study at its Orom-Cross graphite project in Uganda. Read More
Blencowe Resources PLC - London-based miner focused on developing the Orom-Cross graphite project and Akelikongo nickel project in Uganda - Begins final metallurgical test procedure for Orom-Cross graphite project in Uganda. Sends samples to Wuhan University of Technology in China and to US graphite technical firm American Energy Technologies Co for spheronised purified graphite and expandables testing. The tests aim to confirm that Orom-Cross concentrate upgrades efficiently to an over 99.95% battery grade product. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Blencowe Resources PLC - London-based miner focused on developing the Orom-Cross graphite project and Akelikongo nickel project in Uganda - Completes pre-feasibility study on time and on budget. Says the study indicates a robust and "profitable" graphite mining operation at the Orom-Cross graphite project in Uganda. Estimates a net present value of USD482 million and a 14-year mine life that can be increased by additional drilling. Plans to move towards initial stage production at Orom-Cross by the second half of 2023. Read More
Blencowe Resources PLC - London-based miner focused on developing the Orom-Cross graphite project and Akelikongo nickel project in Uganda - Posts lower interim loss as it reports "excellent progress" at its Orom-Cross project. Pretax loss in the half-year ended March 31 narrows to GBP356,336 from GBP629,681 a year ago. Read More