Zanaga Iron Ore Co Ltd (AIM:ZIOC) says it’s entering its most exciting phase ever, after buying back Glencore’s stake and raising $23 million. The team is pushing towards construction readiness on its massive iron ore project in Congo.
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has kicked off commercial production at its Vares Silver mine in Bosnia and Herzegovina. The plant hit 90% capacity in June and is now generating cash.
Itaconix PLC (AIM:ITX, OTCQB:ITXXF) has launched its BIO*Asterix range of plant-based ingredients for paints and adhesives. The new line targets a $2.6 billion market for safer, greener chemicals.
Supermarket Income REIT PLC (LSE:SUPR, OTC:SUPIF) has secured a £215 million loan for its joint venture with Blue Owl Capital, strengthening its financial position. Its share of the proceeds will repay debt and keep options open for new investments.
Tower Resources PLC (AIM:TRP) has upped its bridge loan to £750,000 as it gets closer to completing a farm-out deal in Cameroon. The funding helps prep for drilling later this year.
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