Proactive news snapshot: Horizonte Minerals, Oriole Resources, Eckoh …

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

Your daily round-up from the world of Proactive

Horizonte Minerals Plc (LON:HZM) (TSX:HZM) shares jumped after the nickel development company focused in Brazil, announced that it plans to release the material findings of the Feasibility Study for its Araguaia Ferronickel Project, in Brazil's Pará State, on Monday 29 October 2018 at 7am. The group said it will host an analyst webcast presentation at 10:00am GMT on that day.

Oriole Resources PLC (LON:ORR) has reported encouraging gold intercepts from a drill programme at Dalafin in Senegal. The campaign was carried out by partner IAMGOLD and identified broad zones of anomalous gold mineralisation as well as higher grade samples that could indicate a feeder zone at depth.

After being overshadowed for a spell by the US operations, sales momentum for Eckoh PLC (LON:ECK) in the UK has returned.

SkinBioTherapeutics PLC (LON:SBTX) has made “significant progress” so far this year with the development of its moisturising cream, says the life sciences group's chief executive, Cath O'Neill.

ANGLE PLC (LON:AGL) continues to make “good progress” with the enrolment for the clinical study of its Parsortix cancer detection technology. So far, over 75% of the required 400 patients – 200 with cancer and 200 healthy – have been enrolled.

Following news on Monday of several contract wins, Feedback PLC (LON:FDBK) has conditionally raised £1.38mln through the issue of shares at 1.5p each.

Xtract Resources PLC (LON:XTR) has reported a 6.35% quarter-on-quarter increase in alluvial mining contractor gold production at the Manica Concession in Mozambique for the three months to 30 September 2018. The AIM All-Share-listed firm said total alluvial mining contractor gold production at Manica in the period was 56.34Kg, equivalent to approximately 1,811 ounces.

StatPro Group PLC (LON:SOG), the cloud-based portfolio analysis and asset pricing services provider for the global asset management industry, has traded in line in 2018.

Capital Drilling Ltd (LON:CAPD) told investors it has landed an important new contract extension, keeping its rigs active at Centamin’s Sukari gold mine, in Egypt, until at least 2023.

AfriTin Mining Limited (LON:ATM) has completed the foundations for the pilot processing plant at the Uis tin mine in Namibia. Construction of the processing plant has started with the phase 1 pilot operation to handle 500,000 tonnes or ore a year producing around 60 tonnes of tin concentrate per month.

Range Resources Ltd (LON:RRL), in its quarterly activities report, told investors that daily production averaged 594 barrels of oil per day in the three months ended 30 September. It also confirmed a number of operational milestones such as the completion of more than 20 well workovers, reactivation and swabbing activities.

Circassia Pharma PLC (LON:CIR) has been notified that Woodford Investment Management Ltd has increased its holding in the firm to 23.23% of its issued share capital, up from 22.10% previously.  

Eurasia Mining plc (LON:EUA) expects to upgrade its reserves at the alluvial platinum mine at West Kytlim in Russia following recent drilling and mining. A new calculation for the total contained platinum for the Kluchiki Area, where mining started in August, has now been submitted for approval.

Base Resources Limited (LON:BSE) (ASX:BSE) said the latest company presentation, which was presented today at the Bell Potter Emerging Leaders Conference in Sydney, Australia, is available on the company’s website.

Adamas Finance Asia Limited (LON:ADAM), the London quoted pan-Asian diversified investment vehicle, said it welcomed the publication of a first analyst report by investment research and advisory company Equity Development Limited.

Capital Network has issued a research report on Custodian REIT PLC (LON:CREI) in which analyst Ed Stacey says he believes that the firm represents “a haven in volatile market conditions due to its stable cash generation and distribution to shareholders.”

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Eckoh PLC named herein, including the promotion by the Company of Eckoh PLC in any Content on the Site, the Company receives from said issuer...



IGas is a 'diverse business with lots of opportunities' says CEO Bowler

Onshore UK focused IGas’s (LON:IGAS) production currently is 850,000 barrels per year, but that is dwarfed by its shale acreage in the East Midlands. This compares favourably with major shale plays in the US, says Bowler, who believes the reserves are sufficient to provide all the UK’s gas...

4 hours, 48 minutes ago

4 min read