Greatland Gold has welcomed the reserve estimate published today by Newmont Corporation (NYSE:NEM, TSX:NGT, ASX:NEM, ETR:NMM), its joint venture partner in the Havieron gold-copper project, which it said closely matched its figure for indicated resources.
Variances in the inferred mineral resource category largely reflect differences between the reporting criteria under JORC Australian reporting standards, which Greatland uses, and the US code under which Newmont reports.
Pantheon International PLC (LSE:PIN) results highlight that shares are currently trading at a 34% discount to the latest net asset value, which analysts at Stifel think is "attractive", reiterating a 'buy' recommendation.
The shares are currently trading at 317p, while the latest NAV was 477p as at the end of December.
Pantheon International PLC (LSE:PIN) reported half-year net asset value growth of 3.1% as earnings at underlying companies continued to grow well and it received £112 million in dividend proceeds, with the private equity trust seeing an uptick in new deal activity in the market.
A three-step corporate programme was launched in the period, including a share buyback programme of up to £200m, involving a tender offer, and a reworking of the capital structure.
Shares in Powerhouse Energy Group PLC (AIM:PHE) surged by 56% following the announcement of a groundbreaking five-year framework agreement with National Hydrogen of Australia.
This deal marks a significant expansion for Powerhouse, as it could see its cutting-edge waste-to-energy technology deployed in Australia, Italy, Switzerland, and Hong Kong.
Metals One PLC (AIM:MET1) has reiterated that its strategy remains to define a 200 million-tonne (Mt) resource in the Paltamo area of Finland and become an important supplier of critical metals to Europe.
Achieving this will involve a programme of infill and step-out drilling plus more assaying of existing cores to increase volumes and geological and grade confidence in the R1 and P5 targets.
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) confirmed its diversification and expansion after its proposed initial investment in Namibia was given the green light.
The company, in a statement, said that the Namibian Ministry of Mines and Energy had now approved the transfer of a 20% working interest in Petroleum Exploration Licence 93 (PEL 93), onshore in the Owambo Basin.
Ariana Resources said final drilling from the 2023 programme at the Kizilcukur deposit in Turkey showed two high-grade veins that underline its potential as an ore feed to the existing Kiziltepe mine.
One intersection contained gold grading at 1.99 g/t and silver at 153 g/t over a width of 17 metres, with another returning 30 g/t gold over 1.9m.
Powerhouse Energy Group PLC (AIM:PHE) has announced a landmark five-year framework agreement with National Hydrogen of Australia to deploy its innovative waste-to-energy technology across Australia, Italy, Switzerland, and Hong Kong.
Under this agreement, Powerhouse will provide its proprietary technology and engineering expertise through its subsidiary Engsolve on an exclusive project-by-project basis.
Galliford Try Holdings PLC (LSE:GFRD), the UK construction group, said it has been awarded three major infrastructure contracts totalling £98 million.
The first contract involves a £33 million pipeline project in south London for Thames Water, aimed at supporting anticipated demand increases.