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The Markets
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Proactive UK has moved.
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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Proactive news round-up: ValiRx, ITM Power, Tharisa ...

A glance at some of the stories on the Proactive newswire today.

ValiRx Plc (LON:VAL) is extending its early stage trial of a prostate cancer drug after discovering the treatment appears to be working at lower doses than predicted.

ITM Power plc (LON:ITM) has sold one of its hydrogen electrolyser units to a global gas company after winning a competitive tender.

Platinum and chrome miner Tharisa PLC (LON:THS) remains on course to meet production guidance for the current financial year, which runs to end- September.

PCG Entertainment Plc (LON:PCGE) is to draw a line under its ill-fated acquisition of games delivery platform Center Point Development Corp (CPDC) by selling it.

Caledonia Mining Corporation PLC (LON:CMCL) has enjoyed a record quarter for gold production from the Blanket mine in Zimbabwe. Some 13,591 ounces of gold were produced in the last three months, an 18% increase on a year ago and 1% up quarter on quarter.

Amur Minerals Corporation (LON:AMC) is eyeing significantly higher revenues from its Kun-Manie project in Russia after the latest metallurgical work reported improved metal recoveries.

Ariana Resources plc said its Kiziltepe Mine in Turkey is “now largely operational”, although delays have been caused by the unprecedented weather conditions this month and last.

Hummingbird Resources Ltd (LON:HUM) investors won’t have to wait too much longer now after the company confirmed that first gold production at its Yanfolila project is expected by the end of this year.

Atlantis Resources Ltd (LON:ARL) told investors it is establishing a new internal division that will look at new projects based on what the company learned at the breakthrough MyGen tidal power project.

Trinity Exploration & Production PLC (LON:TRIN) today confirmed the company has now completed its restructuring. Executive chairman Bruce Dingwall said a period of prolonged uncertainty has now come to an end.

Rare Earths Minerals PLC’s (LON:REM) associate Macarthur Minerals has received C$244,000 from a share subscription by the Tulshyan Group. Tulshyan has significant experience in shipping, sales, marketing of steel and iron ore said Rare Earths, which owns 16.56% of Canada-listed Macarthur (CVE:MMS).

Gulf Keystone Petroleum Ltd (LON:GKP) has announced the hiring of Stuart Catterall as its new chief operating officer.

Argentina and South America -focused President Energy PLC (LON:PPC) has told investors it has now signed a contract for a workover rig that will be used in an upcoming multi-well programme.

Is now the time to buy into Gemfields PLC (LON:GEM)? Well, if you accept the analysis of the broker Peel Hunt, the answer to that question is a resounding yes.

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