TRADING UPDATES: Life Science REIT portfolio valuation declines 7.8%
(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) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Celsius Resources Ltd - Philippines-focused gold and copper producer - Plans to engage a financial advisory firm to help complete the financing for its Maalinao-Caigutan-Biyog copper-gold project in the Philippines. Celsisus reports "strong interest" from several international mining groups offering structured debt, metal streaming, offtake arrangements and potential project-equity participation. Celsius also delays publication of the project's final feasibility study to January, citing the need to confirm two isolated metallurgical test results that fell outside the otherwise consistent findings. All other components of the study, including mine plan, process design, and cost estimates, have been completed. The company says any adjustments from the additional testwork are expected to be minor. Executive Director Neil Grimes says the short delay will allow Celsius to deliver a high-quality, investment-ready study and support financing decisions as it aims to move the MCB project into construction in 2026. Read More
(Alliance News) - BP's sale of its Castrol lubricants business for USD10 billion headlines a shortened trading session on Wednesday, as the London Stock Exchange closes early at 12:30 GMT for Christmas Eve and remains shut on Thursday and Friday for the holiday break. 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) - 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) - Celsius Resources Ltd said on Monday that Executive Chairman Julito Sarmiento will retire from its board of directors on November 26 at the company's annual general meeting. 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
Celsius Resources - Perth-based mining firm targeting gold and copper - Says pretax loss narrowed to AUD35,716 in the six months ended June 30 from AUD58,173 a year earlier. Books AUD795 in other income, up from AUD647 the previous year, but revenue is unchanged with none reported in the first half. Books AUD4.4 million cash at bank and in hand as of June 30, up from AUD1.6 million on-year. Also notes plans to sell the Opuwo segment "within the next 12 months, following a strategic decision to place greater focus on the group's key assets in the Philippines." Assets associated with Opuwo Cobalt Group, View Nickel Pty Ltd and Cullarin Metals Pty Ltd were reclassified as held for sale at June 30, 2024. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday 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
Celsius Resources Ltd - developer of the Maalinao-Caigutan-Biyog copper-gold project in the Philippines - Says its Philippine affiliate Makilala Mining Co Inc has signed a USD1.9 million contract of services with Ausenco, aiming to update the feasibility study and conduct front-end engineering design work for the MCB project. Feed includes the tendering of work packages and long-lead equipment procurement for MCB. Says Ausenco's "extensive project experience, particularly in challenging logistics and regulatory environments, positions them uniquely to support the advancement of MCB through its next phase of development". Adds that the deal was made possible through Makilala's bridge loan agreement with Maharlika Investment Corp, which is providing up to USD10 million in funding for MCB. Read More
(Alliance News) - Stock prices in London were higher at midday on Tuesday, amid hopes of negotiations to lessen the impact of US President Donald Trump's tariffs. Read More
Celsius Resources Ltd - developing Maalinao-Caigutan-Biyog copper-gold project in Philippines - Philippine Department of Environment & Natural Resources confirms that the local affiliate of Celsius has satisfied the final financial compliance requirement under the mineral production sharing agreement for the MCB project. Manila accepts the binding term sheet that sets out terms for a bridge loan facility of up to USD76.4 million between Celsius affiliate Makilala Mining Co Inc and Philippine government-owned Maharlika Investment Corp. "We are extremely pleased to have achieved this important regulatory milestone for the MCB project," says Celsius Executive Chair Julito Sarmiento, adding: "Now that we have fulfilled our compliance with the conditions of the mineral production sharing agreement, we are in a strong position to proceed with mine development and construction." Read More
(Alliance News) - Celsius Resources Ltd on Wednesday said its loss narrowed during 2024, as some expenses reduced and it progressed work on projects in the Philippines. Read More