(Alliance News) - Nativo Resources PLC on Monday said its half-year loss widened as it pressed ahead with gold mining and processing projects in Peru, including the acquisition of the Morrocota mine and securing a processing plant. Read More
(Alliance News) - British & American Investment Trust PLC on Monday said it swung to a loss in the first half of 2025, as its net asset value fell sharply on the back of a slump in its largest US holding, Geron Corp. Read More
(Alliance News) - The FTSE 100 made a solid start to the trading week on Monday as the UK chancellor pledged continued fiscal restraint and gains in mining stocks offset falls in oil majors. Read More
(Alliance News) - Carnival PLC & Corp on Monday reported record-high income during the third quarter of its current financial year, driven by strong demand and onboard spending, and upgraded its full-year guidance. Read More
(Alliance News) - Rachel Reeves has said she is facing "harsh global headwinds" as she hinted at further tax rises to come in the Budget. 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 is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - Quantum Blockchain Technologies PLC on Wednesday reported a wider loss in the first half of the year, but insisted it was "in a position of growing strength". Read More
Rockhopper Exploration PLC - Salisbury, England-based oil and gas miner - Swings to pretax loss of USD51.4 million in the first half of 2025 from a profit of USD78.2 million a year ago. Reports other costs of USD46.4 million, compared to other income of USD79.8 million. Further, notes other expenses of USD5.3 million compared to none a year ago. The company emphasises that the final investment decision for Sea Lion Phase 1 development offshore to the north of the Falkland Islands is pending. Chief Executive Officer Samuel Moody says: "This has been a transformative period for Rockhopper and the last few months have seen an acceleration of progress towards final investment decision. A financing plan is in place for which we have secured our base equity requirement and the potential value to all stakeholders is independently confirmed." The company targets production to peak at 55,000 barrels per day at Sea Lion. Read More
abrdn European Logistics Income PLC - investment trust, which buys and sells European warehouse properties - Says its net asset value per share as at June 30 was 81.2 euro cents, down 11% from 90.8 cents at December 31, 2024. Net asset value total return for the six months to June 30 is negative 3.4%, compared to negative 0.8% a year ago. Interim dividend is 2.03c, up 44% from 1.41c a year ago. "The managed wind-down continues with the objective of realising all portfolio assets, repaying borrowings, and returning capital to shareholders in a timely manner, while seeking to achieve the best available value on each disposal," says Chair Tony Roper. Looking ahead, Chair Roper says: "While content with the progress of the managed wind down to date, the board recognises that softer valuations and limited competitive tension in certain markets where we are active sellers may very well affect disposal timing and pricing negatively. The board and the investment manager will continue to balance the best achievable value with ongoing operating costs and any further unplanned capital expenditure required to support disposals, while maintaining a focus on speed of capital return." The company says it is committed to completing sales and entering liquidation by the second quarter of 2026. Read More
Firering Strategic Minerals PLC - Zambia and Ivory Coast-focused mining company - Pretax loss widens to EUR1.0 million in the six months to June 30, from EUR654,000 a year prior. General and administrative costs decrease to EUR518,000 from EUR578,000. Firering notes a cost of EUR272,000 regarding revaluation of derivates, compared to no such cost a year prior. The company notes a "strong" demand pipeline with buying interest across all product categories and further product lines under evaluation. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Monday and not separately reported by Alliance News: Read More