Sirius Minerals PLC (LON:SXX) has expanded its relationship with Archer Daniels Midland Co (NYSE:ADM), the Fortune 500 US-based agri-business. Archer Daniels Midland (ADM) has agreed to supply Sirius with a starch-based binding agent, used in the POLY4 fertiliser production process, for an initial period of five years from the commencement of production with renewal options written into the arrangement.
Westminster Group PLC (LON:WSG) has made progress on ways to move forward its contract for security equipment at an airport in Iran The US$24mln contract was put on hold following the US’s withdrawal from the Iran nuclear pact in May due to the uncertainty among suppliers over possible sanctions.
Rockfire Resources Plc (LON:ROCK) said a ground magnetic survey at the Merengo exploration project in Queensland, Australia, has returned a “surprising, but very pleasing” semi-circular pattern that is thought to be an iron-rich alteration. These geological anomalies are often in close proximity to what are called intrusion-related gold and copper deposits.
Eland Oil & Gas PLC (LON:ELA) said that a land rig has re-entered the Ubima-1, Nigeria, which was discovered 1963 before being suspended. The plan is to assess four different reservoirs as well as carrying out two drill stem tests and acquiring accurate fluid, pressure and production data for each separate, oil-bearing horizons. Big Pic in April.
Metal Tiger PLC’s (LON:MTR) plans to spin-off its interests in the Song Toh and Boh Yai mines in Thailand have received a boost. The investor in mineral projects said the Thai Cabinet approved the 20-year mineral management strategy (2017-2036) and the five-year mineral management master plan for 2017-2021, so both the strategy and the Master Plan are effective immediately.
Lionsgold Limited (LON:LION) said the mobile banking app for its digital gold currency Goldbloc has started its live testing phase. The AIM-listed gold company, which focuses on the exploration, production and retail application of physical gold, said the live proving phase involved selected invitees using iOS devices and would test the use of fiat currency and Goldbloc in individual banking accounts, the receiving of deposits via the European bank clearing system and credited in Goldbloc, and paying for items online in real-time using the Mastercard debit network.
Tech and virtual reality investor Sure Ventures PLC (LON:SURE) has made good progress since it listed in January, according to chairman Sean Nicolson. One of its indirectly held portfolio companies, VR Education PLC (LON:VRE), listed on AIM in March, while it has just invested £500,000 in virtual reality group Immotion PLC (LON:IMMO), which listed on AIM earlier in the month.
Oil producer Range Resources Limited (LON:RRL) exceeded its target of 800 barrels per day in Trinidad towards the end of its latest quarter. Total output in the quarter to June was 60,376 barrels of oil or 663 per day on average, though production rose to more than 800 barrels per day in the second half of the period.
Challenger Acquisitions Limited (LON:CHAL) has agreed a repayment plan regarding its loan to the owner of the previously cancelled Star Sanctum event The entertainment and leisure investment group said the owner had agreed to repay the full £100,000 loan commencing with a £35,000 payment on or before 30 September 2018, then quarterly payments with the balance on or before 30 June 2019.
Coinsilium Group Limited (AQSE:COIN) has been appointed to provide advisory services to ElevateHealth, a behavioural healthcare firm, regarding a token generation event (TGE).
Chaarat Gold Holdings Ltd (LON:CGH) has drilled approximately 8,000 metres of its planned 30,000 metre drilling programme at the Tulkubash project in Kyrgyzstan. Eight drill rigs are currently in operation on site. It’s now been confirmed that gold mineralisation continues further along strike northeast of the existing 1mln ounce resource.
Rambler Metals and Mining PLC (CVE:RAB)(LON:RMM) processed a quarterly record volume of 94,589 dry metric tonnes of ore at its Ming copper project in Newfoundland and Labrador in the three months to the end of June. Feed grade during the period averaged 1.10% copper and 0.53 grams per tonne gold. Concentrate recovery improved, and a total of 1,801 tonnes of copper was recovered to concentrate in the first half of 2018, slightly down from the 1,906 tonnes produced in the 2017 first half.
Bluebird Merchant Ventures Ltd (LON:BMV), the resource development group, has completed the report on the feasibility of reopening the Gubong mine in South Korea. The report has been delivered it to Bluebird’s partner, Southern Gold, and means the 50/50 joint venture can now kick-off, with Southern Gold henceforth sharing equally with Bluebird the costs of the mine’s development.
Kore Potash Ltd (LON:KP2) has appointed a third party to refine the definitive feasibility study (DFS) for its Kola potash project in the Republic of Congo. Delivery of the DFS is not scheduled until next month, but Kore has already commissioned an independent review of some aspects of the Engineering, Procurement and Construction (EPC) pricing.
The summary of quarterly activities for Metminco LTD (LON:MNC) showcases how busy the company has been. Among the highlights is the ongoing drilling at the Tesorito gold project in Colombia, where the presence of a gold-bearing porphyry has now been confirmed.
European Metals Holdings (LON:EMH) completed roast optimization testwork in July, in which it was established that improved recoveries could deliver increased lithium carbonate production from the Cinovec project in the Czech Republic. The roast/leach tests have reliably achieved lithium extractions in the region of 94% recovery.
Thor Mining PLC (LON:THR) (ASX: THR) said it has received a binding warrant exercise notice for the conversion of 451,643 warrants at a price of 1.25p each resulting in aggregate gross proceeds being receivable by the company of £5,646.
Tlou Energy Limited (LON:TLOU) said it has released a presentation on the Southern African Power Market, prepared by the company in association with the Mott MacDonald Group. It added that Tlou's executive director Gabaake Gabaake will make a presentation at the 3rd Annual SADC Industrialisation Week being held in Namibia this week, with a copy of the presentation is available on the company's website.
OptiBiotix Health plc (LON:OPTI) said it was notified on 30 July 2018 that Neil Davidson, the company’s non-executive chairman acquired 103,000 ordinary shares, representing 0.12% of the group’s issued share capital, at a price of 98.6 p each. The firm added that following the purchase Davidson's total shareholding representing 0.6% of the company's issued share capital.
Ceres Power Holdings PLC (LON:CWR) announced that Mike Lloyd retires as a non-executive director from today, 31 July 2018. Following Lloyd's retirement, the company said it is reviewing board composition, is currently seeking a non-executive director replacement and will announce further details in due course.
Directa Plus Plc (LON:DCTA), a producer and supplier of graphene-based products for use in consumer and industrial markets, has announced the appointment of N+1 Singer as the company's joint broker with immediate effect. The group said Cantor Fitzgerald Europe remains its nominated adviser and joint broker.
WYG PLC (LON:WYG), the international project management and technical consultancy, today announced that WH Ireland Limited has ceased to act as the company's joint broker with immediate effect. It said N+1 Singer remains as the company's sole broker.