Small Caps News
Atlantic Lithium progressing Ewoyaa despite mining lease delays
Atlantic Lithium reported significant milestones in advancing the Ewoyaa Lithium Project in Ghana in an update on Friday, despite ongoing delays in the ratification of the project’s mining lease.
Genedrive full-year revenue rises
Point-of-care pharmacogenetic testing company Genedrive reported a significant increase in revenue in its full-year results on Friday.
Former Bushveld subsidiary defaults on loan repayment
Bushveld Minerals announced on Friday that Vanchem, a subsidiary it recently sold, has failed to repay ZAR 14. 4m (£0. 63m) plus accrued interest, which was due 21 November.
Beowulf Mining reports narrower loss, solid development progress
Beowulf Mining announced reduced losses for the nine months ended 30 September on Friday, reflecting disciplined cost management and ongoing advancements in its core projects in Sweden, Finland, and Kosovo.
Aptamer reports progress since July fundraise
Aptamer Group, the developer of ‘Optimer’ binders for the life sciences industry, flagged solid operational progress in an update on Friday, reporting that since its £2. 6m fundraising in July, it had achieved cost-reduction targets, streamlined scientific production, and executed a new commercial growth strategy.
Strategic Minerals upbeat on UK critical minerals report
Strategic Minerals was upbeat on Friday after news that tungsten and tin, key components of its wholly-owned Redmoor polymetallic tungsten deposit, retained their designation as ‘critical minerals’ in the 2024 UK Criticality Assessment.
Northern Bear confident after strong first half
Specialist building and support services provider Northern Bear reported a solid half-year financial performance on Friday, with revenue rising to £37. 6m, up from £36. 9m in the prior period.
Botswana Diamonds gets one of two environmental approvals for Thorny River
Botswana Diamonds announced on Friday that it has received environmental authorisation for one of its two mining permit applications for the Thorny River project in South Africa.
ECR Minerals enters into collaboration agreement with James Cook University
Exploration and development firm ECR Minerals said on Friday that it has entered into a collaboration agreement with James Cook University in Queensland to further explore the potential for rare earth elements within its Lolworth Project area.
Southern Energy sales slide in third quarter
Southern Energy Corporation, a producer with natural gas and light oil assets in Mississippi, reported a 34% decline in petroleum and natural gas sales to $3. 5m in the third quarter on Friday, compared to the same period last year.
Invinity names Adam Howard as CFO
Energy storage manufacturer Invinity revealed on Friday that Adam Howard has been tapped to take over as chief financial officer, with effect from 9 December.