Ora Banda Mining Ltd (ASX:OBM) is on track to deliver the first stoping ore next month from the Riverina Underground operations in Western Australia with all capital projects complete and steady-state production expected in the June quarter.
Development is ramping up as additional levels are accessed, with 575 metres in January representing a 97% increase from the July-December average of 292 metres.
Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) has appointed highly experienced environmental and social specialist Marco Da Cunha, as its new lead Environmental, Social and Governance (ESG) officer.
Da Cunha has almost 20 years of experience in the field of environmental and social management, including more than a decade preparing environmental and social impact assessments (ESIAs) and environmental management plans for mining projects.
City analysts were impressed by ATOME Energy PLC (AIM:ATOM)’s progress in its proposed green fertiliser project in Costa Rica, where it has now entered into a collaboration agreement to advance feasibility work.
The company told investors that it will work with the Instituto Costarricense de Electricidad (ICE) to evaluate the feasibility of supplying the project power from 100% renewable sources.
Nasdaq-listed Exscientia shares crashed by more than a fifth as the Oxford-based biotech fired its founder and chief executive over "inappropriate relationships" with two employees.
In a statement, the AI-focused drug developer said that Andrew Hopkins's behaviour was inconsistent with “the company’s standards and values”.
ATOME Energy PLC (AIM:ATOM) has reported material progress in its proposed green fertiliser project in Costa Rica, where it has now entered into a collaboration agreement to advance feasibility work.
The company, in a statement, told investors that it will work with the Instituto Costarricense de Electricidad (ICE) to evaluate the feasibility of supplying to the project power from 100% renewable sources.
Bradda Head Lithium said analysis of a gravity survey completed in late 2023 has revealed "a significant gravity low over the Basin North area, interpreted as a deep, depositional centre for sedimentary rocks and a deep basement rock geological setting".
Ian Stalker, executive chairman, added: "The potential existence of thicker clay beds in both Upper and Lower Clay sequences is hugely encouraging and reaffirms our understanding of our Basin Project as an important resource for lithium-in-clay.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) told investors it has received state and federal approvals, effectively greenlighting its planned "twinned" redrill of the State 36-2 well, in Utah.
The company said it will now move to execute a rig contract and will update the market on the expected timeline for the spud of the State 36-2R well upon award of the contract.
hVIVO PLC, a specialist in the field of human challenge clinical trials for infectious and respiratory diseases, said certain directors have agreed to sell shares to meet institutional demand.
Involved in the secondary placing, managed by Cavendish Capital Markets and Peel Hunt, are Cathal Friel, hVIVO's co-founder and chairman, Pamela Iyer, Friel's spouse, and Brendan Buckley, another co-founder and non-executive director of the business.
Pan African Resources more than doubled its cash flow and increased profit by almost 50% in its latest half-year.
'Exceptional' contributions from its surface tailings treatment operations at Elikhulu and Barberton (BTRP), a higher gold price and slightly lower costs helped profits jump to US$42.4 million (US$28.9m), said the South Africa-based gold miner.
Futura Medical PLC (AIM:FUM, OTC:FAMDF) said Eroxon, its fast-acting erectile dysfunction gel, will be available on prescription in England and Wales from March 1.
Eroxon, known for its clinically proven effectiveness in treating ED, initially launched in the UK in March 2023.