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Proactive news snapshot: Argo Blockchain, Power Metal Resources, Greatland Gold...

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

Argo Blockchain -

Argo Blockchain PLC (LON:ARB) shares surged on Tuesday as it signed a deal to increase its electricity supply by 357%. The cryptocurrency miner said on Tuesday that under a deal with Canadian data centre provider GPU.one, its clean power supply will rise to 64 megawatts from 14 megawatts at its data centres in Quebec as well as in Eastern Canada. 

Power Metal Resources PLC (LON:POW) has completed its strategic review and restructuring. Paul Johnson has become chief executive from his previous executive director role and he confirmed the junior will focus on large scale nickel, copper and cobalt discoveries. 

Greatland Gold PLC (LON:GGP) shares had a little more shine on Tuesday after the explorer located more gold at its Panorama project in Western Australia.

Circle Property PLC (LON:CRC) issued an upbeat statement ahead of its annual general meeting today, confirming further growth in the business. 

Primary Health Properties PLC (LON:PHP) has completed on developments in Wales and the Midlands for a combined cost of £6.4mln. 

IronRidge Resources Ltd (LON:IRR) has received metallurgical test-work results from the Ewoyaa lithium project in Ghana. 

Bacanora Lithium PLC (LON:BCN) has received the second approval of the three required for the investment by Chinese firm Ganfeng. 

Revenue at Walls & Futures REIT PLC (NEX:WAFR) climbed by a third last year as the social housing investor outperformed the benchmark MSCI UK Residential Index for the second year running. 

Cabot Energy PLC (LON:CAB) has seen increased sales prices and cut its production costs in the second quarter of its financial year. In an update for the quarter and its first half, the oiler reported an average price for its Edmonton Light Oil in the three months of US$48 a barrel (bbl), up 9% on the first quarter. 

Arc Minerals Ltd (LON:ARCM) has released further drill results from its maiden exploration drill programme at the Cheyeza East target area in Zambia. The company also provided an update on additional exploration activities at the high-priority West Lunga and Lumbeta targets.

Scancell Holdings PLC (LON:SCLP) described the 12 months to the end of April as a “busy and productive year” – one in which the building blocks for the clinical development of its two lead drugs were laid. 

Kodal Minerals PLC’s (LON:KOD) metallurgical work at the Bougouni lithium project in Mali has produced a high-grade concentrate from straightforward processing methods.

Providence Resources PLC (LON:PVR) has updated on its business re-engineering as it continued to await a US$9mln loan advance for its Barryroe project in Ireland from Chinese partner APEC. 

FFI Holdings PLC (LON:FFI) shares will cease trading on AIM on August 27 following shareholder approval to re-register as a private company. 

Asiamet Resources Ltd (LON:ARS) has raised £1.75mln through a placing of shares at 3.5p each. The proceeds will be used to fund a number of the initiatives outlined in the recently completed BKM feasibility study, which was released in June 2019. 

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