CORRECT: Serabi Gold hails gold exploration results in Brazil
(Clarifies that the 2025 programme is set to end at the end of 2025.) Read More
(Clarifies that the 2025 programme is set to end at the end of 2025.) Read More
(Alliance News) - Serabi Gold PLC on Tuesday said it is excited about the "strong" exploration results it has seen so far as it provided an update for brownfield drilling campaigns at Palito Complex and Coringa in the Tapajos region of the Para State in northern Brazil. Read More
(Alliance News) - Serabi Gold PLC on Thursday reported a sharply higher interim profit, amid higher gold production on the back of significantly increased gold prices. Read More
Serabi Gold PLC - Brazil-focused gold miner - Gold production climbs 17% on-year to 10,532 ounces in the second quarter of 2025, from 9,003 oz. Cash as at June 30 is at USD30.4 million, up 15% from USD26.5 million at March 31. Reaffirms outlook for a gold production of 44,000 to 47,000 ounces, which would be at least 17% higher than 37,520 oz in 2024. Chief Executive Officer Mike Hodgson says: "We are enjoying excellent operational performance, strong prevailing gold prices, cash growth and anticipate further success. Our production profile will see greater quarterly production in Q3 and Q4 to reach guidance. With this as a foundation to what we anticipate will be a successful period of organic growth to look forward to in the second half of 2025." Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday 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
Serabi Gold PLC - Brazil-focused gold miner - Peel Hunt LLP confirms Greenstone Resources II LP and Fratelli Investments Ltd have sold a total of 15.7 million shares in Serabi to institutional investors. This includes all of Greenstone's 3.9 million shares and around 11.8 million shares owned by Fratelli, which will continue to hold 7.6 million shares, a 9.9% stake. In total, 20.7% of Serabi Gold shares are placed with investors, raising GBP21.2 million at 135 pence per share. Serabi is not a party to the placing, which is run by Peel Hunt and Tamesis Partners LLP, and will not receive any proceeds. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Wednesday. Read More
Serabi Gold PLC - Brazil-focused gold miner - Peel Hunt says Greenstone Resources II LP and Fratelli Investments Ltd intend to sell up to 15.7 million shares in Serabi Gold to institutional investors. This includes all of Greenstone's 3.9 million shares and around 11.8 million Fratelli shares. In total, just under 21% of Serabi Gold stock will be placed with investors. Fratelli expects to hold a 10% stake in Serabi after the placing. The placing price will be determined by way of an accelerated bookbuilding process. Peel Hunt LLP and Tamesis Partners LLP have been appointed as Joint Bookrunners. Serabi is not a party to the placing and will not receive any proceeds. Read More
Serabi Gold PLC - Brazil-focused gold miner - Reports high-grade drilling results as part of a USD9 million exploration campaign across its Palito complex, Coringa mine and Sao Domingos targets in Para State, northern Brazil. Drilling at Sao Domingos returns highlight intercept of 1.65 metres at 80.50 grams of gold per tonne. Initial model at Sao Domingos estimates potential 88,500 ounces at 13.83 grammes per tonne in one of five zones. At Coringa, intercepts include 0.5 metres at 52.07 grammes at Galena and 0.5 metres at 27.78 grammes at Jatoba. Palito drilling includes 0.6 metres at 27.17 grammes from the Senna orebody. Read More
(Alliance News) - Serabi Gold on Wednesday reported a "highly successful year" as the firm said it was optimistic about continuing improvements into 2025. Read More
(Alliance News) - Serabi Gold PLC on Thursday confirmed the appointment of Colm Howlin as chief financial officer, following the retirement of Clive Line, who stepped down from his role as finance director on December 31, after over a decade with the company. Read More
(Alliance News) - Serabi Gold PLC on Thursday saw its shares tick up by 6% as the firm reported strong third-quarter growth. Read More
(Alliance News) - Serabi Gold PLC on Monday hailed an increase in gold production as it is set to meet its guidance. 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 Thursday and not separately reported by Alliance News: Read More
Serabi Gold PLC - Brazil-focused gold mining and development company - Announces death of an employee in Itaituba Hospital in Para State, Brazil. The death was related to an injury in a mining related accident on July 31 whilst working underground at a production face at the Palito mine. No other personnel were injured in the incident, Serabi says. Read More
(Alliance News) - Serabi Gold PLC on Thursday told its annual general meeting it as on track to achieve production guidance for 2024. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Thursday and Friday this week and not separately reported by Alliance News: Read More