Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has updated its mineral resource estimate, confirming 10.2 million ounces of gold and 387,000 tonnes of copper, with a big contribution from the inaugural resources estimate at its Telfer mine. CEO Shaun Day says the company's ASX listing in June will broaden investor access and drive demand.
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) has secured a $50 million investment from the US Development Finance Corporation, reinforcing Rainbow’s strategic position as a leading rare earth producer. Discussing the company's interim results, CEO George Bennett said production will help diversify the global rare earth supply chain.
Oriole Resources PLC (AIM:ORR) has reported strong gold drill results at the Bibemi Project in Cameroon, with a resource update expected in Q2. CEO Martin Rosser said the additional data strengthens confidence in the JORC resource calculation and suggests potential for MRE expansion.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) has closed $175 million in financing for Etana Energy and secured a 75-megawatt solar project in South Africa. CFO Julian Maurice-Williams said these developments mark two big steps forward for the company's renewable division towards first revenues.