EARNINGS: Metals One shuffles team as loss widens; Airea loss narrows
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
Metals One PLC - metals exploration and development company - Stock rises after its acquisition of a strategic stake in Evolution Energy Minerals Ltd. Says it has acquired 37.9 million Evolution shares, an initial 10.45% holding, from Marvel Gold Ltd at 1.1 Australian cents each for AUD416,900 or around GBP202,000 in total. Will also underwrite up to AUD530,000 of Evolution's current AUD1.5 million rights issue at 1 cent per share. Says it will hold approximately 88 million shares in total, representing a stake of approximately 17.37%. Investment brings exposure to Evolution's "development-ready" Chilalo project in Tanzania, which has a post-definitive feasibility study net present value (at an 8% discount) of AUD518 million with binding offtake deals covering over 90% of production. Deal also adds graphite, "a mineral of growing strategic importance", to Metals One's portfolio. Read More
(Alliance News) - London stocks remained in the green around midday on Friday as news came out that Angela Rayner will quit as UK deputy prime minister and leave government, while China hits out at potential economic pressure from the US and oil prices slide ahead of an anticipated OPEC production increase announcement this weekend. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday 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) - Thor Energy PLC on Friday said it has signed a term sheet with Metals One PLC regarding the sale of its 75% interest in its US subsidiaries holding non-core US uranium and vanadium projects. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - European blue-chips opened in the red on Tuesday, as UK Chancellor Rachel Reeves begins a review of the state pension age and the Financial Conduct Authority presses into evidence of poor handling of insurance claims. 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) - Stock prices in London closed higher on Friday, with markets maintaining the optimism that prevailed after US President Donald Trump said on Wednesday that it was "highly unlikely" that he would fire Federal Reserve Chair Jerome Powell. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Friday. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Metals One PLC - mineral developer with projects in Norway and Finland - Says geophysical surveys are now underway at the Squaw Creek uranium project in Wyoming. Also, a detailed review of historic water well and uranium exploration well data is in progress, and a broader regional survey is being planned to assess potential claim expansion opportunities. Metals One notes that the completion of the acquisition of the Squaw Creek project and the Uravan vanadium project in Colorado "remains subject to certain conditions". Says Bureau of Land Management claim documents have been processed for Colorado and are being processed in Wyoming. It expects the latter "to conclude shortly, after which the exploration leases can be granted". "As we work towards completing this strategic acquisition, we remain encouraged by progress made during Phase 1 exploration at Squaw Creek," says Chair Craig Moulton. "We have now commenced phase 1 exploration work across our two uranium projects in Colorado and Wyoming, representing key milestones as we develop our presence in the US." Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday. Read More
(Alliance News) - Metals One PLC on Wednesday updated on exploration at its North American uranium prospect. Read More
(Alliance News) - London opened in the green on Tuesday ahead of a bank holiday-shortened week, as Russia hits out at the lifting of Ukraine's range limits by its Western allies and suggests US criticism of the Kremlin is down to "emotional overload". Read More
Metals One PLC - London-based metal project developer - Formally stakes an additional 99 unpainted mining claims at the Swales gold property in Nevada, US, which enlarges the project footprint to around 2,780 acres within the "world-renowned" mining district, the Carlin Trend, with no additional lease payments. Read More
(Alliance News) - 80 Mile PLC on Monday said it has agreed to the early reversion of KoBold Metals Co's interest in the Disko-Nuussuaq nickel-copper-cobalt project in Greenland. Read More
(Alliance News) - Metals One PLC on Wednesday said it has signed an exclusive term sheet for the acquisition of an exploration lease over the Swales Gold Property in Nevada, US. Read More