Petra Diamonds Ltd - South Africa and Tanzania-focused diamond miner - Recovers a 41.82-carat type IIb blue diamond of seemingly exceptional colour and clarity at its Cullinan Mine in South Africa. The company is analysing the stone and assessing the preferred method of sale, with further updates on marketing to follow. Read More
Rainbow Rare Earths Ltd - developer of the Phalaborwa rare earths project in South Africa and the Uberaba project in Brazil - Stock rises after the company announces the start of pilot-scale operations as the final phase of process test work for Phalaborwa. Includes primary flowsheet pilot operations in Johannesburg and delivering the bulk feed sample for off-site solvent extraction test work, confirming the process to deliver separated neodymium and praseodymium oxide and SEG+ products at over 99.5% purity. The SEG+ group is a mix of medium and heavy rare earths. Rainbow says the project will be the first commercial recovery of rare earth elements from phosphoric acid production waste product phosphogypsum. Pilot operations will also provide data underpinning the definitive feasibility study, "including process flowsheet development, mass balance, equipment sizing and capital and operating costs". Read More
(Alliance News) - Shuka Minerals PLC said on Tuesday it will raise GBP3 million to help fund its projects in Zambia and Tanzania, and indicated it is on track to conclude its acquisition of Leopard Exploration & Mining Ltd in Zambia. Read More
(Alliance News) - Itaconix PLC on Tuesday saw its shares rise as it reported strong full-year revenue growth, underpinned by a "record" half-year performance. Read More
(Alliance News) - Brave Bison Group PLC on Tuesday announced jumps in revenue and adjusted earnings for the full year. Read More
(Alliance News) - Stock prices in London were mixed at midday on Tuesday, with the FTSE 100 edging lower, as JPMorgan kicked off the earnings season and investors looked ahead to US inflation data. Read More
(Alliance News) - Eagle Eye Solutions Group PLC on Tuesday said it has inked a "major" multi-year contract with New Jersey-based retailer-owned supermarket cooperative, Wakefern Food Corp. Read More
(Alliance News) - SIG PLC on Tuesday said it expects to report higher profit for 2025, in line with market expectations amid an ongoing cost reduction programme. Read More
(Alliance News) - Thor Explorations Ltd on Tuesday celebrated record fourth quarter revenue on the back of a sharply higher gold price, which easily offset a dip in the amount of gold poured. Read More
Pearson PLC - London-based educational materials publisher - Forms a global partnership with professional services company, Deloitte, to provide enterprises and government organisations with AI-powered learning, and to address the global skills gap. Says the collaboration will draw on the companies' respective industry experience to develop products and services that address "immediate market needs". These include "AI learning, leadership development, and learning solutions for customers and partners", says Pearson. Adds that to meet evolving talent demand, the two companies will create new learning capabilities, including a breadth of solutions enhanced by AI, content delivery, assessment and credentialling. Read More
(Alliance News) - Shoe Zone PLC shares slid on Tuesday as it scrapped its dividend and reported a dive in earnings, which it expects to continue in the new financial year. Read More
(Alliance News) - Irish retail sales rose in November from the previous month, supported by motor trade activity, while volumes were also higher than a year earlier, data from the Central Statistics Office showed Tuesday. Read More
(Alliance News) - Ireland is working to resolve "outstanding issues" for "quite a number of industries" following the EU-US trade agreement last year, the taoiseach has said. Read More