D3 Energy Ltd (ASX:D3E, OTCQB:DNRGF) is progressing with its multi-well production testing program at the ER315 project in South Africa’s Free State, reporting a 39% increase in gas flow rates at the RBD10 well following a period of pressure buildup after the well was shut in.
The re-test, conducted after a period of pressure monitoring, suggests a recharge of the reservoir from source rocks below, indicating strong reservoir connectivity and potential for further resource recovery.
Mill City Ventures (NASDAQ:MCVT) shares surged after the specialty finance company announced a $450 million private placement to support its adoption of a treasury strategy centered on the Sui blockchain's native cryptocurrency, Sui.
The company plans to use approximately 98% of the net proceeds to acquire Sui tokens, which will serve as its primary treasury reserve asset.
Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX) announced that its subsidiary US Data Centers has filed a provisional utility patent application for the ARMS 200 platform with the United States Patent and Trademark Office.
The ARMS 200, or AI-Ready Modular Solution, is a Tier 3-certified modular data center platform designed to support high-density GPU clusters, the company said.
C3 Metals Inc (TSX-V:CCCM, OTC:CARCF) has reported positive results from a closely spaced soil sampling program at its Bellas Gate project in Jamaica, targeting a volcanic redbed copper prospect in the northwest portion of the property.
The company announced that the program successfully outlined a significant copper-in-soil anomaly and has defined drill targets for testing in the second half of 2025.
atai Life Sciences (NASDAQ:ATAI, ETR:9VC) said on Friday that its platform company, Recognify Life Sciences, reported top-line results from a Phase 2b trial of inidascamine in cognitive impairment associated with schizophrenia (CIAS), which did not meet the primary endpoint but demonstrated consistent signs of cognitive and functional benefit and maintained a favorable safety profile.
The double-blind, placebo-controlled study enrolled 242 patients and tested two doses of inidascamine over a six-week treatment period.
Shares in Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) surged 44% on Monday after its South Korean partner Doosan Fuel Cell began mass production of power systems using Ceres’ solid oxide fuel cell technology.
The move marks the first time one of Ceres’ strategic partners has brought its clean energy technology into full-scale commercial production.
Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) increased production by nearly a quarter in the three months to the end of June but lowered its guidance for the full year, citing changes to its operational plans.
The London-listed miner produced 1.7 million ounces of silver equivalent (AgEq) in the second quarter, a 23% rise on the previous three months.
Sovereign Metals Ltd (ASX:SVM, OTC:SVMLF, AIM:SVML) has announced “highly successful” results from recent test work at its Kasiya Rutile-Graphite Project in Malawi — just as global graphite market disruption highlights the company’s potential to become the world’s largest and lowest-cost graphite producer outside China.
The latest optimisation of Kasiya’s spherical purified graphite (SPG) into coated spherical purified graphite (CSPG) demonstrated exceptional performance, including high discharge capacity and cycle efficiency, Sovereign said, further enhancing the project's appeal to battery manufacturers.
Ionic Rare Earths Ltd (ASX:IXR, OTC:IXRRF) has advanced to the next stage of assessment for a R$5 billion (~US$900 million/~A$1.37 billion) funding package from the Brazilian National Bank for Economic and Social Development (BNDES) and Federal Agency for Funding Authority for Studies and Projects (FINEP) in Brazil. The company’s 50/50 joint venture with Viridis Mining and Minerals Ltd (ASX:VMM), Viridion, has been selected to progress with a Joint Support Plan. The funding is expected to include grants, debt and equity and will support rare earth refining and magnet recycling in Brazil.
“This is very welcome news for our Viridion joint venture in Brazil, which continues to pick up speed thanks to the strong support from our joint venture partner and the Brazilian authorities,” IonicRE managing director Tim Harrison said.
Tamboran Resources Corporation (ASX:TBN, NYSE:TBN, OTC:TBNRL) has appointed chairman Dick Stoneburner as interim chief executive officer, following the departure of Joel Riddle. The board has engaged an executive search firm to identify a permanent CEO, while Stoneburner will temporarily serve as both chair and CEO.
Operational continuity will be maintained by chief operating officer Faron Thibodeaux and chief financial officer Eric Dyer, who will support Stoneburner during the ongoing three-well drilling program and lateral stimulation activities in the Beetaloo Basin.