TRADING UPDATES: Safestay mulls asset sale; Sound Energy inks 2 deals
17th Jun 2025 15:48
(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 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
(Alliance News) - Stock prices in London were mostly lower at midday on Thursday, as the European Central Bank's interest rate decision fast approaches. Read More
(Alliance News) - Celsius Resources Ltd on Monday said its Philippine affiliate Makilala Mining Co Inc has secured up to USD76.4 million to fund its flagship project. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - Celsius Resources Ltd announced on Wednesday that its Philippine affiliate had received certification for compliance with the free, prior and informed consent process. Read More
(Alliance News) - Celsius Resources Ltd on Thursday said it has GBP922,000, to help fund project work. Read More
Celsius Resources Ltd - resource development company with projects in Africa and the Philippines - Raises around GBP1 million from placing of 162.3 million new shares at a price of 0.6 pence each. The placing price represents a 17% discount to the stock's Thursday closing price of 0.73p. Celsius says the proceeds will go toward early development works at the company's MCB project, permitting costs at the Sagay copper-gold project, exploration expenditure at the Botilao copper-gold-prospect, as well as for working capital purposes. Read More
Celsius Resources Ltd - resource development company with projects in Africa and the Philippines - Announces to raise around GBP1 million by way of placing of 164.8 million new shares at a price of 0.6 pence each. The placing price represents a 17% discount to the stock's Thursday closing price of 0.73p. Celsius says the proceeds will go toward early development works at the company's MCB project, permitting costs at the Sagay copper-gold project, exploration expenditure at the Botilao copper-gold-prospect, as well as for working capital purposes. Read More
Celsius Resources Ltd - mineral explorer focused on portfolio of copper-gold resources in the Philippines - Says exploration permit for the Sagay copper project in the Philippines, held by its subsidiary Tambuli Mining Company Inc has been granted an extension by the Philippine Mines & Geosciences Bureau. Read More
(Alliance News) - Stocks in London are expected to tread water on Monday, as investors look ahead to a busy week of interest rate decisions. Read More
Celsius Resources Ltd - mineral explorer focused on portfolio of copper-gold resources in the Philippines - Philippine government's Department of Environment & Natural Resources approves mining permit for Celsius's flagship Maalinao-Caigutan-Biyog copper-gold project. The permit is for 25 years, renewable for another 25 years. Celsius says the permit is the first approved in the Philippines in the past 15 years. It grants local subsidiary Makilala Mining Co Inc the exclusive right to undertake exploration, development, and commercial production of copper in the MCB area. Read More
(Alliance News) - Celsius Resources Ltd, on Friday announced that it continues to make a loss during a period of exploration, but that it is close to obtaining "exclusive" mining rights on its flagship project. Read More
Celsius Resources Ltd - mineral explorer focused on portfolio of copper-gold resources in the Philippines - Requests extension of share suspension on Australian Securities Exchange. The shares have been halted in Sydney since Monday last week, while they continue to trade on AIM in London. Celsius asks for the suspension to continue until it makes an announcement about the mine permitting process in the Philippines or until Thursday next week at the latest. Says the Philippine government's Department of Environment & Natural Resources has reached a conclusion regarding the issuance of the mining permit for Celsius's flagship Maalinao-Caigutan-Biyog copper-gold project, but there remain "additional important and indispensable Philippine government protocols that need to be complied with for the effectivity of the mining permit". Read More