Internet of Things (IoT) specialist Telit Communications Plc (LON:TCM) has received certification for its long term evolution (LTE) wireless communication module for operation on AT&T’s LTE network in the US. The ME910C1-NA module is the first of its LTE Category M1 products to be certified for the US telecommunications company’s LTE nationwide network.
Katoro Gold PLC (LON: KAT) has reported continuing significant progress being made on the Imweru resource development program in Tanzania, which is ahead of schedule and within budget. In a statement, Katoro’s executive chairman Louis Coetzee, also noted that the group has been “one of the first, if not the very first company “ to successfully export geological /metallurgical samples under Tanzania’s new mining legislation.
Tlou Energy Limited (LON:TLOU) has confirmed some of the material details of its recently awarded mining licence that will allow it to advance its coal bed methane project in Botswana.
Rose Petroleum PLC (LON:ROSE) told investors that the design for an upcoming seismic survey, in the Paradox basin in Utah, has now been completed and the operations are expected to start within a matter of days.
Kazakhstan-based accommodation specialist Chagala Group Limited (LON:CGLO) has posted improved profits in the six months to June. The group, which operates residential sites for ex-pat oil and gas staff working in Kazakhstan, saw interim profits rise to US$1.69mln (US$1.49mln) although revenues dipped to US$9.6mln from US$10mln.
Amur Minerals Corporation (LON:AMC) said drilling this summer has confirmed the presence of another massive nickel deposit at its Kun-Manie licence in Far East Russia. A 20,000m drill campaign showed that the Ikenskoe/Sobolevsky and Kubuk targets are in fact a single deposit of more than 4km in length and possibly as much as 5km.
Atlantis Resources Limited (LON:ARL) said that production from Phase I of its MeyGen project in the Pentland Firth set a new world record for monthly production from a tidal stream power station of over 700 MWh (Megawatts per hour) in August.
Life and pensions consolidator Chesnara Plc (LON:CSN) interims revealed the transformational impact of its latest acquisition as it unveiled a leap in profits and cash generation. Powering that momentum was Legal & General Nederland, renamed Sclidon and bought earlier this year for £137.5mln.
Minds + Machines Group Limited’s (LON:MMX) has received a significant boost in China, where its top level domain (TLD) .vip is gaining huge commercial traction. It has received the green light in Beijing to start selling the hugely popular internet signature.
Satellite Solutions Worldwide Group PLC (LON:SAT), which specialises in rural and last-mile super-fast broadband, said it is on target to reach 100,000 customers by the year-end as it revealed the financial boost given by the recent round of acquisitions.
Base Resources Ltd (LON:BSE) has announced the departure of director Michael Anderson, who has resigned with effect from August 31. It comes as the company works through broader succession planning which is expected to include greater independence and diversity.
Wolf Minerals Limited (LON:WLFE ASX:WLF) has reported a double boost from improvements in both its operating performance and the price of tungsten. The Plymouth-based miner has received a further £5mln in bridging finance from Resource Capital, making £45mln in total it has received from its major shareholder, but added plans to turn round its performance are starting to bear fruit.
Tharisa PLC (LON:THS) has taken over the operation and sales and marketing functions of Lonmin’s (LON:LMI) K3 UG2 chrome plant at the Marikana mine in South Africa. Subsidiary Arxo Metals will run the plant and aims to boost metal recoveries to levels seen at Tharisa’s own operations, where 68% chrome was recovered in the half year to March.
Premier African Minerals Limited (LON:PREM) has confirmed it will exit from timber in Mozambique as it focuses on its tungsten and lithium in Zimbabwe and potash in Ethiopia.
Thor Mining PLC announced today it has had receipt of A$8,124 in the form of a royalty payment from production of gold at the Spring Hill gold project in Australia, which it sold in February 2016 for A$3.5mln.Mick Billing, Thor’s executive chairman said: "We are delighted to receive the first of what is expected to be a series of royalty payments from gold production at Spring Hill.”
Summit Therapeutics PLC’s (LON:SUMM, NASDAQ:SMMT) interim results statement today charted a period of significant progress for its two main drug candidates. Summit was able to post a profit of £6.2mln for the six months to July 31, which compared with an £11.9mln loss for the same period last year.
Tavistock Investments PLC (LON:TAVI) today announced the appointment of Peter Dornan to its board as a non-executive director with immediate effect. The wealth group noted that Dorman has held a number of senior roles within life assurer Scottish Equitable, and its Dutch owner Aegon..
Redx Pharma Plc (LON:REDX) has announced it will present a poster on their planned first-in-human clinical trial for its RXC004 colorectal cancer treatment at the European Society for Medical Oncology (ESMO) Annual Meeting in Madrid on September 9. The positive news comes with Redx’s shares remaining suspended on AIM as it continues to be administration, although an exit is expected in the future after the firm struck a deal at the end of July to sell its Bruton’s tyrosine kinase (BTK) inhibitor technology and drug development programme for US$40mln.
Kin Group Plc (LON:KIN) today confirmed the appointment of administrators to Kin Wellness, turning the suspended stock into a ‘cash shell’ on AIM as discussions continue with potential investors to raise new equity funds for the group via a placing
Amryt Pharma PLC (LON:AMYT) has announced that its chief financial officer, Rory Nealon will present a corporate overview at the upcoming Rodman & Renshaw Annual Healthcare Conference in New York on Tuesday, September 12, 2017.
Motif Bio Plc (LON: MTFB), also announced that it will provide a corporate overview at the Rodman & Renshaw 19th Annual Global Investment Conference in New York on Monday, September 11.. The developer of novel antibiotics said the presentation will be webcast, available live, and as a replay in the Investors section of the company's website