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Proactive news summary: CloudTag, Fox Marble, Metminco, Seeing Machines and more...
A boost for Fox Marble Holdings, Metminco moves in Columbian gold and an exciting update on Seeing Machines' tech.
Company
LON:XTR
Xtract Resources (AIM: XTR) is a resource, development and mining company whose focus is and will be to acquire brown field resource projects with a view to release value for its shareholders. The projects targeted will be in regions where mining and infrastructure is prevalent and the mining regulations transparent.
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A boost for Fox Marble Holdings, Metminco moves in Columbian gold and an exciting update on Seeing Machines' tech.
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Other companies covered: Seeing Machines, Telit Communications, Xtract Resources
New in-house estimates have increased the net present value and underlying earnings potential of Xtract Resources PLC’s Manica gold project, it told investors.
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Market opening: The FTSE-100 is expected to start this morning's session around 50-points higher. New York: Wall Street ended in the green as robust data on ISM manufacturing and construction spending in the US lifted investor sentiment. Ad
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Horse Hill off to the races, Forbidden technologies extends contract and PureCircle doubles earnings.
Terms of the deal have also been amended with US$3mln cash to be paid to vendor Auroch by 1 March
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Here’s the news highlights from the mining sector this past week.
Antofagasta, Coca-Cola HBC, RSA Insurance Group and Paragon are in Thursday's broker spotlight.
Ore will start to be processed again tomorrow morning (5 February).
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FTSE100 continued lower on Wednesday to finish almost 1.5% lower..
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Collagen Solutions is to present at a prestigious business event in Scotland, where it will discuss innovation in the life sciences sector.
The FTSE 100 Index, which was 16 points off in earlier trading, fell below the 5900 level
Mill grades were 40% lower than expected at 1.65 g/t and 8% below the previous quarter.
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Goldplat got a boost from a new resource statement for its project at its gold recovery operations in South Africa.
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Sage led the Footsie higher though it did not quite make it back above 6,000.
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Small cap news today from the Proactive Investors universe
Two staff died in an accident at the plant in December, which led to its closure for remedial work
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A round-up of the day's news from the small cap universe