26th Aug 2026 20:50
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
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Kendrick Resources PLC - southern Africa-focused mineral exploration and development company - Hires consultants Anzaplan for metallurgical test work at Teufelskuppe. Anzaplan will shortly receive three bulk samples from Kendrick's Bonya rare earth elements project for early stage assessment and mineral liberation analysis for the recovery of light rare earth oxides. Chair Colin Bird says: "We are very pleased to be working with Anzaplan, and we look forward to the results of the mineral liberation analysis study. Once completed, this work will provide Anzaplan with the information required for further detailed studies and optimisation leading to the development of a flow sheet."
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Georgina Energy PLC - helium, hydrogen and natural gas exploration and development company - Raises around GBP1.3 million through the issue of 10 million shares at 12.5 pence each. Investors will be issued with one warrant per one placing share at an exercise price of 14 pence expiring five years from admission. Proceeds will be used to advance Mount Winter and for general working capital.
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TPXimpact Holdings PLC - London-based technology-enabled services company - Wins two contracts worth a total GBP24 million. The first, worth GBP19 million, is with His Majesty's Land Registry and is a contract uplift and one year extension under its ongoing strategic delivery partnership. This extends the contract to May 2028. TPXimpact was originally awarded a four-year contract to May 2027. In addition, TPXimpact wins GBP5 million contract from the British Library having been selected as the successful bidder to provide digital product development services. The contract has an initial 30-month term, with options to extend. "These wins further strengthen our long-term order book and reinforce TPXimpact's position as a key digital transformation partner for the UK public sector," says Chief Executive Bjorn Conway.
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KRM22 PLC - London-based investor in technology and software companies, focused on risk management for capital markets - Wins new customer contract for the Limits Manager application. The contract with annual recurring revenue of USD300,000 covers a period of two years and represents a cross-sale with an existing major futures commission merchant which is looking to expand its usage of the application internally. The two-year term aligns this new contract with the customer's existing Limits Manager contract. The contract win takes the group's ARR to GBP8.0 million, up from GBP7.5 million since the end of 2025. "The new contract win supports the group's growth in ARR and underpins the board's expectations for the outcome for the year, given the quality of the sales pipeline and the confidence in the group's ability to convert it," KRM22 says.
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Arkadian Strategic Metals PLC - strategic metals and gold-focused exploration and development company - Updates on exploration activities at its 100%-owned Clogau-St David's Gold Mine in north Wales. Arkadian says ladder and platform installations have been completed to establish access from the Tyn y Cornel Level to the Jack Williams stope area, which is "the westernmost historically mined portion of the Main Lode, the source of most historic gold production at Clogau-St David's." Says direct access will enable geological inspection, mapping and systematic sampling to determine whether more extensive underground development is justified. Adds that detailed sampling and mineralogical review of the Lower Llechfraith Level 5 development and other accessible parts of the mine remains ongoing.
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Mila Resources PLC - gold exploration firm focused on Australia - Announces upgraded JORC mineral resource estimate for Coffey gold deposit. Coffey is one of three gold targets at the Kathleen Valley gold project located within Western Australia's tier-one Wiluna‑Norseman Belt. The upgraded MRE at Coffey, comprises: 41,300 ounces contained gold inferred mineral resource and 599,000 tonnes at 2.1 grammes per tonne gold based on a 0.5g/t gold cut-off. The updated MRE roughly doubles the tonnes and contained ounces of gold from a previous inferred mineral resource report in November 2020. Mila says the upgraded MRE strengthens its position as it completes a strategic review regarding the future development of Kathleen Valley. Mila believes the Coffey mineralised system has significant potential to extend beyond the current resource envelope, including into neighbouring properties, and notes two additional, untested gold targets (Sturrock and Powell) have been identified within the wider Kathleen Valley project, providing further exploration upside. "Doubling the Mineral Resource at the Coffey Gold Deposit is a significant achievement. While the majority of Mila's work is now focused on our Queensland portfolio, this resource upgrade underpins the underlying value of our Kathleen Valley Project and highlights the development opportunity that exists," says Executive Director Mark Stephenson.
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Cora Gold Ltd - West Africa-focused gold developer - Provides an update on the financing arrangements to support the development of its flagship Sanankoro gold project in south Mali. Since entering binding term sheet for a USD120 million gold stream with Eagle Eye Asset Holdings Pte Ltd in April, company says it has been actively engaging with various West African focused banks with a view to providing traditional senior debt of USD60 million to the project. "These discussions have been positive and are ongoing," and Cora Gold anticipates formalising one or more of these opportunities in due course. As a result, EEA and Cora have mutually agreed, by way of an addendum to the term sheet, to increase the maximum period for which the company may extend its right to replace 50% of the stream with traditional senior debt from what would have been December 15 to the later of October 30 2027 and 6-months after the date on which the mining rights permit is granted by the government of Mali. Cora continues to have ongoing constructive engagement with the authorities in Mali regarding permitting and the award of a mining rights permit for Sanankoro.
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URU Metals Ltd - developer of the Zeb nickel project in South Africa - Completes first stage of 3D mineralisation modelling at the Zeb nickel project in South Africa. Says modelling identified multiple platinum group element zones, including a high-grade domain in the south-east. Additional higher-grade mineralised zones have been identified along strike towards the northwest. Future drilling will initially focus on the better-developed higher-grade areas in the southeast, with the aim of generating sufficient drilling to support a maiden mineral resource for Zone 2. Subsequent step-out drilling will test the central area and the possible continuity between the southeastern and northwestern mineralised domains. Richard Montjoie, exploration manager of URU Metals says: "We now have a much clearer strategy: build out the higher-grade Zone 2 mineralisation towards a maiden resource, test whether those mineralised areas connect through the central gap, and drill Target 1 for the more concentrated sulphide target."
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By Jeremy Cutler, Alliance News reporter
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Related Shares:
Kendrick ResourcesGeorgina EnergyTpximpact HldgKrm22 PlcArkadian StratMila ResourcesCora GoldURU Metals Limited