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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Endeavour Mining, Gemfields, Atlantic Lithium, London BTC Company, Allergy Therapeutics - Small Cap Snapshot

Endeavour Mining, Gemfields, Atlantic Lithium, London BTC Company, Allergy Therapeutics - Small Cap Snapshot

Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) produced 647,000 ounces of gold in H1 and posted record free cash flow of $514 million. Shareholders get a $150 million dividend, while the company stays on track to hit full-year production and cost targets.

Gemfields Group Limited (AIM:GEM) pulled in $60 million at auction in the first half and restarted mining at Kagem in May. Its second ruby plant in Mozambique is nearly complete, with production expected in August.

Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) is waiting on parliamentary approval for its Ewoyaa lease in Ghana, while cutting costs to weather low lithium prices. Meanwhile, the explorer says lithium finds in Côte d’Ivoire offer upside potential at a low cost.

London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) now has over 1,000 Bitcoin miners running across North America, producing 100 petahash per second. The company says the milestone strengthens its balance sheet and aligns with Bitcoin’s long-term economics.

Allergy Therapeutics PLC (AIM:AGY, OTC:AGYTF) reported strong results for its six-dose allergy jab, Grass MATA MPL. Three new studies show the treatment cuts symptoms by over 20%, with a potential German launch next year.

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