Sovereign Metals Limited (ASX:SVM, OTC:SVMLF, AIM:SVML) has appointed Africa-based specialist consultancy SocialEssence to lead social and community development programs at the Kasiya Project in Malawi – where the company hosts the world's largest natural rutile deposit.
Under the partnership, SocialEssence will help design, implement and manage several social and community initiatives that will feed into the DFS and permitting requirements.
Arizona-focused Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) said it continues to position itself for the next wave of demand for the battery metal and also for an uptick in pricing
“The last quarter saw steps forward at the San Domingo lithium-in-pegmatite asset, the Basin Sedimentary lithium clay project and a re-evaluation of its lithium in oil brines in Texas and Pennsylvania,” said chairman Ian Stalker.
Shares of Empire Metals Ltd (AIM:EEE) jumped 13% following promising results from its latest exploration at Pitfield in Western Australia.
The drilling programme, covering 40 holes, revealed titanium in every metre, with significant highlights including 168 metres (m) at a grade of 6.91% TiO2 from just 12m below the surface.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) outlined numerous advancements in safety performance, production and sustainability initiatives in an operational update for the half year ending 31 December 2023.
The company reported an improvement in overall group safety performance, aligning with its commitment to the 'Zero Harm' goal, with total recordable injury frequency rate (TIFR) declining to 6.13 per million man hours from 8.54 in 2022.
Endeavour Mining expects production in the current year (2024) to rise by around 18% due to an expansion of the Sabodala-Massawa mine and the new Lafique project coming on stream.
Production from ongoing mines totalled 1.07m oz of gold in 2023, said the Africa-focused miner, with the fourth-quarter output flat at 280,000oz.
Empire Metal said that all forty holes drilled in its latest exploration programme at Pitfield in Western Australia indicated titanium "in every metre".
Highlights from the programme included 168m at a grade of 6.91% TiO2 (titanium dioxide) from 12m, while from the surface two holes returned 180m at 6.14% TiO and 154m at 5.50%.
Frontier IP Group PLC (AIM:FIPP) portfolio company Alusid has secured £500,000 in funding from Octopus Investments through the Octopus AIM VCT and Octopus AIM VCT 2 funds.
This investment forms a part of a broader funding round which raised a total of £1.13 million which values tile specialist Alusid at £9.5 million.
ANGLE PLC (AIM:AGL, OTCQX:ANPCY), the developer of liquid biopsy technology, has hailed the publication of a peer-reviewed paper that highlights the potential of the company's Parsortix system in precision oncology, a field that is revolutionising cancer therapy.
The device allows for the harvesting of intact circulating tumour cells (CTCs) from a simple blood sample, providing a critical tool for cancer research, drug development, and clinical oncology.