NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) said on Thursday that Johnny Velloza will step down as interim chief operating officer following a tenure marked by operational improvements at the company’s Molo graphite mine in Madagascar.
The Toronto-listed miner said Velloza’s responsibilities will be assumed by Nick Miller, who has been named acting executive vice president of operations, a newly consolidated role that combines the duties of COO and general manager as part of a broader organizational restructuring.
Gold has been on a tear in 2025. It’s holding steady around $3,300 an ounce, not far off its all-time highs, driven by geopolitical uncertainty, sticky inflation and renewed trade tensions.
You’d expect gold miners to be flying. And many are. But according to UBS, some UK-listed names still look surprisingly cheap.
Itaconix PLC (AIM:ITX, OTCQB:ITXXF) shares rose 6% in afternoon trading on Thursday after the plant-based polymer specialist said it remained on track to meet its 2025 targets, despite growing trade uncertainty in the US.
The AIM-quoted company, which supplies sustainable ingredients used in products like laundry detergents, acknowledged that new tariffs would raise some input costs but said the impact should be modest.
Shares in Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) rose 6% on Thursday after its third-quarter update showed a solid rebound in automotive production and encouraging early sales of its next-generation Guardian Gen 3 product.
Automotive volumes hit 358,000 units in the quarter, up 34% from the previous quarter and 14% year-on-year. While still below the Q1 peak, both Peel Hunt and Stifel described the recovery as reassuring, with Stifel noting that the company has now surpassed 3.24 million cars on the road using its driver monitoring systems.
Shares in Ilika PLC (AIM:IKA, OTCQX:ILIKF) rose as much as 5% on Thursday after the company confirmed its prototype solid-state battery cells have met performance targets in third-party tests, a key step towards commercial traction.
The P1 Goliath prototypes, which have been undergoing evaluation by automotive manufacturers and suppliers, were found to meet targets on energy capacity, charge rate, and durability.
Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has detailed a strong quarter amid strengthening gold prices.
It reported strong first-quarter results with production of 341,000 ounces of gold, at an all-in sustaining cost of $1,129 per ounce.
Emmerson PLC (AIM:EML) told investors it has submitted a ‘Request for Arbitration’ to the International Centre for Settlement of Investment Disputes.
The claim concerns alleged breaches by the Kingdom of Morocco and its agents under a bilateral investment treaty signed in 1990 and in force since 2002.
Quadrise PLC (AIM:QED) is launching a process to hire a new CEO ahead of an anticipated scaling up of the business, with current boss Jason Miles focusing on product and technology as CTO.
It comes as the company’s alternative fuels are advancing in key commercial-scale pilot projects, and it is on the cusp of a rapid expansion.
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF), the driver monitoring technology group, reported an encouraging pick-up in production volumes for the third quarter of its financial year, following a broader slowdown across the automotive sector.
The AIM-listed company, which supplies driver monitoring systems (DMS) to global carmakers, produced over 358,000 units in the three months to the end of March 2025, a 34% increase on the previous quarter.
Itaconix PLC (AIM:ITX, OTCQB:ITXXF), the plant-based polymer specialist, has said it still expects to meet its 2025 targets, despite growing uncertainty over trade policy in the United States following tariff threats from President Donald Trump.
The AIM-quoted company, which supplies sustainable ingredients used in household products such as laundry detergents, said recent US trade actions were likely to raise some of its production costs.
Kodal Minerals PLC (AIM:KOD) told investors it received $7.5 million, as an initial drawdown from its $15 million loan facility with Hong Kong Xinmao Investment.
The funds will support ongoing development at the Bougouni Lithium Project in Southern Mali and have been deployed to complete the final payment to the Mali government. The loan has a ten-month term and carries interest at 15% per annum.
Ilika PLC (AIM:IKA, OTCQX:ILIKF), the AIM-listed battery technology developer, has said its latest prototype solid-state battery cells have passed a series of commercial performance tests carried out by automotive industry partners.
The company, which specialises in next-generation solid-state batteries, announced on Thursday that its Goliath P1 prototype cells met their technical targets when tested by a group of original equipment manufacturers (OEMs) and Tier 1 suppliers. These are companies that make parts or systems that are used in vehicles built by the world’s largest carmakers.