(Alliance News) - Oriole Resources PLC on Monday reported positive drill results from its 90%-owned Mbe orogenic gold project in Cameroon, as it noted the potential for zones of higher-grade gold. Read More
Camellia PLC - holding company for agriculture businesses in Bangladesh, Brazil, India, Kenya, Malawi, South Africa and Tanzania, growing tea, avocado, macadamias and other produce - Calls general meeting for June 5 for shareholders to approve a tender offer for shares representing 12.8% of the total. Camellia proposes to return up to GBP18.9 million to shareholders by repurchasing up to 350,000 shares at a fixed tender price of GBP54.00, a premium to the current market price. The Camellia Foundation, the company's majority shareholder at 52%, will vote in favour of the tender offer but will not take part. The tender offer will be run by broker Panmure Liberum Ltd. Read More
(Alliance News) - Cora Gold Ltd on Monday said its loss narrowed during 2024 following a reduction in expenses, while the recent rise in gold prices has driven optimism in the firm's outlook for its flagship Sanankoro gold project in south Mali. Read More
Ajax Resources PLC - natural resources investment - Takes out option to buy Minas La Escondida, a prospective gold and copper project in the Jujuy province of north west Argentina. The option from a local investor has a 45-day term and will cost Ajax USD80,000 in cash. La Escondida is contiguous with the Eureka project, which Ajax recently conditionally acquired, and it shares similar geology. Ajax is buying the Eureka project licenses from AIM-listed Bezant Resources PLC. As a result of the two acquisitions, Ajax will no longer be a cash shell and will move its listing to the Aquis Stock Exchange from the London Main Market, effective on June 9. Its shares are suspended from trading. Read More
[Alliance News] - Keir Starmer's UK government has claimed his post-Brexit "reset" will cut red tape for travellers and businesses, boosting the economy by GBP9 billion by 2040. Read More
(Alliance News) - Metals Exploration PLC on Monday said revenue increased in 2024 amid higher gold prices, although pretax profit fell due to an impairment loss. Read More
Time To Act PLC - Stockton-On-Tees, England-based engineering technology for energy transition supply chain - Raises GBP274,000 from the sale of 685,000 new shares at 40 pence each and a further GBP60,919 from the conversion of loans into 151,546 new shares at the same price. In announcing the raise last week, Time To Act had said the fresh equity will be used to fund the company's business plan and for working capital. Time To Act has a market capitalisation of GBP5.9 million on Aquis Stock Exchange. Read More
(Alliance News) - British passport holders will be able to use e-gates at more European airports as part of a UK-EU deal, the government has announced. Read More
(Alliance News) - Stock prices in Europe struggled on Monday, a US credit rating downgrade and some underwhelming data out of China keeping positivity at bay. Read More
(Alliance News) - Anglo Asian Mining PLC on Monday announced that it started production from Gilar, a new underground mine at the Gedabek site in Azerbaijan. Read More
(Alliance News) - Aurrigo International PLC on Monday hailed "another year of real progress" as it posted strong top line growth in 2024. Read More
Corcel PLC - oil exploration and production in Angola and Brazil - Three directors buy a total of 45.0 million shares, all at 0.3 pence, worth GBP135,000. Chief Executive Officer Scott Gilbert buys 25.0 million shares and now has 75.5 million, a 1.4% stake. Non-Executive Chair Pradeep Kabra and Executive Director Geraldine Geraldo each buy 10.0 million shares and now have 24.1 million and 114.7 million shares, respectively. Read More
(Alliance News) - SDI Group PLC on Monday said it expects to report a growth in profit during its most recent financial year, as strong trading in its second half more than offset a weaker start to the year. Read More
Caledonia Mining Corp PLC - Zimbabwe-focused gold miner - Executive Director Victor Gapare buys 12,449 shares at USD14.47, worth USD180,137, on Thursday last week. Gapare now has a 12.6% interest in Caledonia Mining. Read More
(Alliance News) - Pensana PLC on Monday said it has started main construction at its Longonjo rare earths project in Angola, marking a milestone in the development of one of the world's "largest undeveloped magnet metal deposits". Read More