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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Proactive news snapshot: Wolf Minerals , Sareum Holdings, ReNeuron Group …

A glance at some of the day's highlights from the Proactive Investors newswire

Wolf Minerals Limited (LON:WLFE) has enjoyed one its best quarters since production started at its Hemerdon tungsten mine in Devon. The price of tungsten rose to a three year high of over US$310 per metric tonne during the quarter to September, while concentrate production and sales rose by 15% to 35,601 mtu.

The latest preclinical data for Sareum Holdings Plc’s (LON:SAR) checkpoint kinase 1 (Chk1) inhibitor candidate continues to show demonstrate the potential of the cancer-fighting treatment.

ReNeuron Group Plc (LON:RENE) was in demand early on Tuesday after the cell-based therapeutics specialist delivered another encouraging update from its phase II clinical study treating stroke patients with its CTX stem cells.

Avation PLC (LON:AVAP) has signed a conditional letter of intent with easyJet PLC’s (LON:EZJ) operating company for a new lease on an Airbus A320-200 aircraft which was previously on lease to collapsed German airline Air Berlin.

Ferrum Crescent Limited’s (LON:FCR) is pressing on towards a maiden JORC 2012 resource estimate for its Toral prospect in Spain. Executive directors Laurence Read and Miles Campion have completed a review of the company's operations and believe this is the correct decision for the company in order to realise value from the project.

Strategic Minerals Plc (LON:SML) has released the results from the latest four holes to be drilled on the Redmoor tin-tungsten project in Cornwall. These show high grades and should serve to provide further support to the resource upgrade currently in preparation which is due for release in the first quarter of 2018.

KEFI Minerals plc (LON:KEFI) has re-jigged its plans for production at the Tulu Kapi gold project in Ethiopia. The new plans allow for 145,000 ounces of production in the first three years, up from the 115,000 that had been planned for previously. The new plans dovetail with the requirements of infrastructure specialist Oryx, which has said in Heads of Terms that it will provide US$135mln in funding. That number may now be increased to US$140mln.

European Metals Holdings Limited (LON:EMH) has provided investors with an update on progress in its quarterly report for the period ending September 2017. During the period, the company completed just over 2,100 metres of drilling at the Cinovec lithium-tin project in the Czech Republic.

Kibo Mining PLC (LON:KIBO) has announced that its CEO Louis Coetzee will be presenting at the One Belt One Road summit in Beijing this week, highlighting the critical energy situation in Southern Africa and the development of the Mbeya Coal to Power Project.

APQ Global Limited (LON:APQ), the emerging markets income company, has made a further appointment to its International Advisory Council with Manos Papatheofanous joining it. The group said he will leverage his invaluable 20 years of expertise in the financial markets to assist in locating Emerging Markets opportunities globally for APQ.

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