SCB Group said recent visits to carbon projects the company has supported in Nepal reinforced confidence about selection criteria, integrity in implementation and disciplined monitoring and update procedures.
SCB’s head of carbon, Natalia Beales, was one of the team that visited three sites of a carbon offsetting project in the country, where up to 80% of the water is normally not safe to drink.
Allergy Therapeutics PLC (AIM:AGY, OTC:AGYTF) shed more than half of its value on Thursday as it warned that audited results for the year to June 2022 would not be ready by the end of this year.
“Consequently, the shares of the company will be suspended from trading from 7.30 am on 3 January 2023,” it said in a statement.
Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) said its production rose by 63% in the six months to end-September 2022, despite heavy rain causing severe disruption to its two graphite flake operations in Madagascar.
The junior has also been working heavily on ramping up operations at the Vatomina and Sahamamy projects but even with that sales over the period rose to 1,691 million tonnes (Mt), while total revenues more than doubled to £1.17mln.
Argo Blockchain PLC (LSE:ARB, OTCQX:ARBKF, NASDAQ:ARBK, ETR:0XP) said it has closed the previously announced transactions with Galaxy Digital. Argo yesterday said it had sold its Helios facility in Dickens County, Texas for US$65mln (£54mln), refinanced its asset-backed loans, and entered into a hosting agreement with Galaxy to maintain Argo's mining machines at Helios (read more).
Mkango Resources Ltd (AIM:MKA, TSX-V:MKA, OTC:MKNGF) said it had been advanced a further £325,000 by Cotec in the form of a convertible note as part of their planned rare earth collaboration. Mkango has also extended exclusivity until January 31, 2023 (read more).
Trident Royalties PLC (AIM:TRR) chief executive Adam Davidson has purchased 77,510 shares at a price of 51p each. Following this share purchase, Davidson holds 300,000 shares representing 0.1% of the voting rights.
Red Rock Resources PLC (AIM:RRR) said it ended the year with total cash and cash equivalents of £66,000 as it looks forward to making progress on key projects in Africa. The London-listed mining and exploration said it expects to bring one or more of its lithium assets held by its Zimbabwe subsidiary into test production in 2023.