Kibo Mining PLC (LON:KIBO) has landed an environmental and social impact assessment (ESIA) certificate for the Mbeya coal project and the Mbeya power generation project in Tanzania. The ESIAs represent integral elements of the approval process for the company’s proposed Mbeya coal to power project (MCPP), the company said, and the award is seen as a ‘further milestone’ in the critical energy project.
A continued increase in orders for Symphony Environmental Technologies plc's (LON:SYM) plastic additives in Saudi Arabia means the firm expects pre-tax profit for 2017 to be " significantly higher than current market expectations".
ReNeuron Group Plc (LON:RENE) has been awarded a further grant by the Welsh Government to advance its emerging exosome therapy platform.
Online merchandising specialist ATTRAQT Group plc (LON:ATQT) told investors it now expects revenues to be below previous expectations but still showing organic growth, while its sales pipeline remains strong. The revised forecasts come after a review, at management's request, following Eric Dodd's appointment as finance chief at the beginning of September.
Wolf Minerals has got a £10mln boost to its short term working capital as it progresses towards long term self-sustaining operations at the Drakelands open pit mine in south-west England. The specialty metals producer announced that it has reached agreement with Resource Capital Fund VI LP (RCF VI) to increase its existing bridge facility to £345mln from £55mln.
SDX Energy Inc (LON:SDX, CVE:SDX) told investors that drilling is now underway on the KSR-15 well at the Sebou project area in Morocco. KSR-15 is a development well that will take 21 to 30 days to drill and complete, prior to a flow test and connection to existing production facilities (with those operations expected to take up to 30 additional days).
Bushveld Minerals Limited (LON:BMN) has issued a revised competent person's report (CPR) for the Mokopane tin project in South Africa, ahead of the spin-off the group's tin assets into the new AIM listing AfrTin. It includes mineral resource estimates for the Groenfontein deposit and the Zaaiplaats deposit.
Metal Tiger PLC (LON:MTR) has told investors that it has increased its shareholding in Kingsgate Consolidated Limited (ASX:KCN). It has increased the shareholding in Kingsgate to 14.87mln shares, representing 6.65% of the company.
NetScientific PLC (LON:NSCI) portfolio company ProAxsis has signed a clinical trial partnership with National Jewish Health, the US's leading respiratory hospital. ProAxsis will work with the hospital on validation of its ProteaseTag point-of-care technology.
Chaarat Gold PLC (LON:CGH) has said Dekel Golan, who assumed the role of the AIM-listed group’s deputy chairman in July 2017 following the appointment of Robert Benbow as chief executive officer, will step down from the board on 1 November 2017. Martin Andersson, Chairman, commented: “We have started the next chapter in the Chaarat story and the new management team, led by Bob Benbow, is focused on delivering production from the Tulkubash Heap Leach Project. The 2017 drilling season is drawing to a close and we will be providing an end of season update in due course."
Biotech Redx Pharma Plc (LON:REDX) has moved a step closer to coming out of administration and being returned to the directors after a High Court ruling. The court yesterday approved the application by the joint administrators - FRP Advisory.
Kin Group Plc (LON:KIN) has explained the decision to consolidate its shares ahead of a fund raise and return from suspension on AIM. “The directors recognise that having over 125 billion shares in issue might create market stability issues.” Approval is now being sought for the shares to be consolidated on the basis of 5,000 into one.