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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Battery Metals

Proactive weekly mining highlights: Vast Resources, Panther Metals, Ferro Alloy Resources, Power Metal Resources ...

It was a fairly quiet week for London-listed small cap miners

Vast Resources PLC (LON:VAST) this week confirmed that the first shipment of equipment needed for construction at its Baita Plai mine in Romania had arrived on-site and was currently being unloaded.

Jubilee Metals Group PLC (LON:JLP) said its Windsor platinum group metals and chrome operations in South Africa had recommenced operations, following the restart of work at Inyoni a fortnight ago.

Panther Metals PLC (LON:PALM) announced the commencement of a three-week field exploration programme starting this weekend on the gold-focused Big Bear property in Ontario, Canada

Ferro Alloy Resources Ltd (LON:FAR) said it has been able to keep ore processing operations going at its Balasausqandiq vanadium project during the period of the ongoing coronavirus crisis, albeit at a slower pace.

NQ Minerals PLC (LON:NQMI) unveiled a new resource statement for the Beaconsfield gold mine in Tasmania.

Power Metal Resources PLC (LON:POW) told investors that the pitting programme is now complete at its 70% owned Kisinka copper-cobalt project in the Democratic Republic of the Congo.

Ncondezi Energy Limited (LON:NCCL) said it has finalised a binding agreement with GridX Africa Development for a pipeline of solar and battery storage projects in the commercial and industrial sector.

Condor Gold PLC (LON:CNR)(TSX:COG) revealed it has been granted an environmental permit to develop its high-grade America open pit at the La India project in Nicaragua.

Bushveld Minerals Ltd (LON:BMN) said it produced a net attributable 482.5 metric tons of vanadium (mtV) in the form of Nitrovan during the first quarter of 2020, marginally ahead of production in the corresponding period a year ago, with this quarter affected by shut-downs related to the coronavirus.

Red Rock Resources PLC (LON:RRR) announced that it has applied to expand its gold acreage in Victoria, Australia with the acquisition of an additional 581sq km in the Ballarat Goldbelt.

Meanwhile, Premier African Minerals Ltd (LON:PREM) said it has agreed to acquired a further 7% interest in the Otjozondu manganese mining project in Namibia.

Asiamet Resources Ltd (LON:ARS) released full-year 2019 results, a year when it continued to make progress with development work on its Indonesian copper projects.

AfriTin Mining Ltd (LON: ATM) revealed it has secured £2.05mln from a new loan note facility.

And Conroy Gold and Natural Resources PLC (LON:CGNR) said it is confident that it will receive all of the outstanding money from its placing in February after another £50,000 was deposited on Friday.

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