WINNERS & LOSERS: Volex beats consensus; Asos backs outlook
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Wednesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Tuesday. Read More
(Alliance News) - The following are the leading risers and fallers among London Main Market small-cap and AIM stocks on Monday. 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) - Stock prices in London closed higher on Tuesday, as uncertainty surrounding the Middle East conflict continued. Read More
(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday. Read More
(Alliance News) - PYX Resources Ltd on Friday announced a widened loss as revenue was much lower due to operations in Indonesia being suspended. Read More
(Alliance News) - PYX Resources Ltd on Tuesday announced an operational disruption at its IUP license for the Mandiri deposit in Central Kalimantan in Indonesia, citing regulatory changes introduced by the country's government. Read More
PYX Resources Ltd - Indonesia-focused zircon and mineral sands producer - Says did not undertake production activities in the first half of 2025 due to continued weakness in global mineral sands pricing; elevated operating costs, particularly from third-party contract mining arrangements; and a steep increase in regional royalties from USD8 per tonne to USD59 per tonne, as announced by PYX in February. In addition, flags a complex regulatory environment in Indonesia following the recent presidential elections. Says PYX local subsidiaries approvals for production have been suspended, and PYX's export licenses for zircon, ilmenite, and rutile have also been suspended. One subsidiary has received tax assessments amounting to USD2 million, which are being challenged. "While PYX is not the subject of any specific allegations, the company is committed to full cooperation with any investigation by the relevant authorities and supports efforts to ensure regulatory compliance across the sector," PYX says. Despite the absence of production in the first half, PYX says it continues to manage its inventory and sales strategy prudently and remains focused on preserving shareholder value. Read More
(Alliance News) - PYX Resources Ltd on Tuesday said it narrowed its annual loss in 2024 despite a sharp drop in revenue, as higher sales volumes partly offset a weak second half, disrupted operations and lower mineral prices. Read More
PYX Resources Ltd - Indonesia-focused zircon and mineral sands producer - Pretax loss narrows to USD4.1 million in 2024 from GBP10.5 million in 2023. This is driven by total expenses being reduced by 55% to USD15.1 million from USD33.2 million. Revenue, however, also halves, to USD11.0 million from USD22.7 million. PYX reports a loss per share of USD0.75 for 2024, against a loss of USD2.32 per share in 2023. Read More
PYX Resources Ltd - Indonesia-focused zircon and mineral sands producer - Says it has been notified by local authorities in Central Kalimantan, Indonesia, of an increase in royalties for the export of zircon, rutile and ilmenite. The royalties have risen to 20% of a newly defined base price of IDR4.8 million per tonne, or around USD59 per tonne. Previously, royalties were 4% of the base price adopted in 2022 of IDR3.0 million per tonne. The local royalty tax is in addition to the current 1.5% export tax. PYX is in contact with the relevant regional agencies to seek a reversal of the decision, or change the perimeter of the royalty application. Read More
(Alliance News) - PYX Resources Ltd on Friday reported a sharply lower loss as costs decreased substantially, as the company posted an optimistic outlook focused on ramping up production. Read More
(Alliance News) - PYX Resources Ltd on Tuesday said it has connected its Mandiri mineral separation plant to the local electric grid of Central Kalimantan, Indonesia. 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 earnings and trading 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 earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
PYX Resources Ltd - Sydney-based, Indonesia-focused zircon and mineral sands producer - Secures modified licence from the Investment and One-Integrated Services Department to export ilmenite. It can now begin exporting with immediate effect, and deliver on orders placed prior to the modification of the licence. PYX will be using the Banjarmasin port for loading, and the Jakarta port to export. Read More
(Alliance News) - PYX Resources Ltd on Monday reported a surge in zircon production and sales but said total production fell in 2023. Read More