Sovereign Metals Ltd (ASX:SVM, AIM:SVML) has received more strong results from a targeted deep infill aircore and push tube core drilling program at the Kasiya Rutile Project in Malawi, the world’s largest rutile deposit.
The results are from 98 aircore holes and 247 push tube holes and have confirmed the consistency of high-grade rutile and graphite mineralisation at depth.
IP Group PLC (LSE:IPO) has shut down speculation that subsidiary Istesso could be merged with Hambro Perks Acquisition Company Ltd (LSE:HPA1) (HPAC).
The science and technology company ended rumours of a potential deal, saying it was “aware of exploratory discussions around a potential business combination,” but these have “now been terminated”.
CentralNic Group PLC (AIM:CNIC), the online and internet marketer, said strong sales momentum continued until the end of 2022 with revenues and underlying profits hitting record levels.
In a trading update, CentralNic said gross revenue for the year will be £728mln with net revenue and underlying profits (adjusted EBITDA) to be at least US$177mln and US$85mln.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) has maintained its forecast for gold production this year as it expects production at its Barberton and Evander mines in South Africa to pick up in the second half.
Output in the six months to end-December 2022 was 92,307 ounces down from 108,085 ounces in the comparable period, which the gold miner's chief executive Cobus Loots said was largely down to issues at Barberton and problems with grid electricity supplies.
Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) has posted its latest quarterly activities and cash flow report, as required for its listing in Australia, with the company noting a cash position of A$19.1mln as of the end of December 2022.
ATOME Energy PLC (AIM:ATOM) said it has named Terje Bakken as director for ammonia and fertiliser markets with effect from 1 February 2023.
Bakken will report to chief executive Olivier Mussat, the green energy and ammonia production company said. His full-time appointment to the role follows a successful period as a senior commercial advisor to ATOME, the company added.
Mosman Oil and Gas Ltd (AIM:MSMN) has reported some 6,212 barrels oil equivalent (boe) of net production for the three months ended 31 December 2022.
The company, in a short statement, noted that higher production rates at the Greater Stanley operations were offset by reduction at the Winters and Arkoma projects.
Empire Metals Ltd (AIM:EEE) has confirmed the presence of extensive copper anomalism at the Pitfield copper project in Western Australia.
Several very high-grade rock samples have been discovered, it noted. The showings occur just south of the historic Mt Scratch workings.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) said it has agreed the acquisition of ENEO Water PTE Limited, an African clean water business which is expected to complement its transitional power and green hydrogen businesses.
ENEO utilises an efficient, modular and scalable reverse osmosis technology that can be 100% powered by solar energy to produce desalinated water, Chariot noted in a statement. It is presently building a proof-of-concept project at the largest windfarm in the Republic of Djibouti.
Frontier IP Group PLC (AIM:FIPP, OTC:FGPPF) said its portfolio company, Alusid, has successfully collaborated with Imerys to create commercial floor tiles made from 100% recycled waste, which require less gas and water to manufacture than conventional tiles.
The intellectual property group noted that Alusid and Imerys, a world leader in minerals used for floor tiles, over the last few months have been running two parallel trials to make products using Imerys by-products.
Arecor Therapeutics PLC (AIM:AREC) said phase I data from its ultra-concentrated, ultra-rapid-acting insulin candidate, AT278, has been published in the American Diabetes Association journal, Diabetes Care.
The study showed that AT278 demonstrated faster insulin absorption compared to the gold-standard insulin, NovoRapid, with a five-fold increase in concentration.
Metal Tiger PLC (AIM:MTR, OTC:MRTTF, ASX:MTR) said 19.1%-owned Southern Gold has published its Quarterly Activities Report for the quarter ended 31 December 2022 (see here).