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Anglo Asian Mining, European Green Transition, Tertiary Minerals, Iofina, Oriole Resources, Powerhouse Energy - Resources Sector Week in Review

Anglo Asian Mining, European Green Transition, Tertiary Minerals, Iofina, Oriole Resources, Powerhouse Energy - Resources Sector Week in Review

Anglo Asian Mining Plc (LSE:AAZ, OTC:AGXKF) swung back to profit, reporting first-half profit before tax of US$7.1 million and revenues near US$41 million. New output from the Gilar mine is already contributing, while Demirli is targeting 4,000 tonnes of copper by the end of 2025. Watch more

European Green Transition PLC (AIM:EGT) has extended the licence for its Olserum Rare Earths project in Sweden to 2029 and its Pajala copper project to 2028. The group ended June with £2.9 million cash, no debt, and is pushing acquisitions in the green economy. Watch more

Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF) confirmed a 350 by 300 metre mineralised zone at Mushima North in Zambia. Results remain open in all directions, supporting plans for low-cost open-pit mining and more drilling results are pending. Watch more

Iofina PLC (AIM:IOF, OTC:IOFNF) delivered record first-half revenue of over US$29 million with profit up 40%. Iodine output topped 305 tonnes thanks to the new IO#11 plant, with IO#12 already on the way. Watch more

Oriole Resources PLC (AIM:ORR) expanded gold mineralisation at its Mbe Project in Cameroon, with new holes adding 200 metres to the system. Results will now be reviewed for a maiden resource estimate for the MB01 South prospect, which holds most of the target. Watch more

Powerhouse Energy Group PLC (AIM:PHE) has advanced its Feedstock Testing Unit, proving consistent results with a range of waste fuels. Stronger hydrogen output and new system tweaks are drawing in international client interest and commercial talks are underway. Watch more

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