Endeavour Mining PLC (LSE:EDV, TSX:EDV, OTCQX:EDVMF) has reported an adjusted net earnings jump of 21% and said production is on pace to meet its 2022 guidance, according to its latest quarterly results.
For the three months ended March 31, 2022, the company posted adjusted net earnings of US$122 million, $0.49 per share, up 21% from $101 million, $0.48 per share, in the first quarter of 2021. Adjusted EBITDA increased 22% to $398 million from $325 million over the same timeframe.
Coinsilium Group Ltd (AQSE:COIN, OTCQB:CINGF) said it will act as advisor to Silta Finance AG and has entered an Early Contribution Agreement (ECA) to buy US$75,000 of future SILTA tokens.
The blockchain and open finance venture builder will provide strategic advice on market trends, innovations and new developments in decentralised finance (DeFi) and blockchain-powered project finance.
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has published its first Sustainability Report outlining the mining junior's approach to environmental, social and governance (ESG) matters.
In the report, which was prepared with CSA Global, Greatland said it meets ESG criteria for Light Green Fund investments under EU sustainable finance regulations.
Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) said it appointed Gordon Wylie to its board of directors as an independent non-executive with immediate effect.
He has over 46 years’ experience in the mining industry in exploration geology and mining, spanning 40 countries in five different continents.
Medical imaging specialist Polarean Imaging PLC (AIM:POLX, OTC:PLLWF) said chairman Jonathan Allis is retiring and will be replaced by existing independent director, Ken West.
Allis’ role as head of the remuneration committee will be filled by Dan Brague, who has been appointed as a non-executive director.
Caerus Mineral Resources PLC (LSE:CMRS) said results were encouraging from grab samples across various sites within its Kalavasos project licences in Cyprus.
The first batch of grab samples from recent exploration near the Platies mine area returned peak gold assays of 7.65 grammes a tonne (g/t), 2.83g/t and 2.74g/t, while corresponding copper grades peaked at 0.48%.
Open Orphan PLC (AIM:ORPH, OTC:OPORF) has been appointed by an unnamed existing "big pharma" client to host a phase II field study of a potential vaccine for respiratory syncytial virus (RSV).
Chief executive Yamin 'Mo' Khan said the deal was important as it represented the first time the group has been charged with carrying out a full-scale evaluation of this kind.
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF) has received conditional permission to begin drilling again at its Basin North sedimentary claims in Arizona.
Following up on exploration last year, a 44-hole drilling programme covering parts of its BE (Basin East), Basin East Extension (BEE) and Basin North (BN) is planned that should feed into a revised resource estimate towards the end of 2022.
Quantum Blockchain Technologies PLC (AIM:QBT) said yesterday was the last court hearing of the Sipiem trial and the parties now have 60 days to file their final written arguments and then a further 20 days to file written replies. After this, the court will pass its final judgement, which Quantum believes will be by the end of 2022.