Berkeley Energia (BKY) revealed that it has taken further steps to overturn the previously announced unfavourable decision by the Nuclear Safety Council with regard to the uranium concentrate plant as a radioactive facility at the company’s Salamanca project.
By Zak Mir
Berkeley has submitted further documentation to the Ministry for the Ecological Transition in which it dismantles all of the technical issues used by the NSC as justification to issue the unfavourable report.
Pharmaceutical products group Clinigen (CLIN) said that Erwinase® is now available for unrestricted supply in the UK. Previous restrictions on Erwinase® allocation since April have now been removed. The company has also signed an exclusive agreement to partner with Eyevance Pharmaceuticals, to manage the supply and distribution of NATACYN®, an ocular antifungal drug for topical administration.
Mkango Resources (MKA) said that it and Talaxis Limited have entered into an agreement for Mkango to acquire Talaxis’ 49% interest in Lancaster Exploration Limited, which owns the Songwe Hill Rare Earths Project in Malawi, and Talaxis’ 24.5% interest in Maginito Limited, which holds a 25% interest in rare earths magnet recycler HyProMag Limited. Mkango has conditionally raised £5.52m at 0.24p.
AIM listed gold producer Goldplat (GDP) announced an operational update for the twelve months ended 30 June 2021. The recovery operations achieved a combined operating profit for the twelve months ended 30 June 2021 of £5,300,000 (30 June 2020: £6,350,000) and a combined operating profit in the 4th Quarter of the financial year of £1,080,000 (4th Quarter – 2020: £2,546,000). The Ghana operations continue to perform well as a result of steady supply of material and achieved an operating profit for the 4th Quarter of £729,000 (4th Quarter – 2020: £366,000). The South African operation achieved an operating profit for the 4th Quarter of £350,000 (4th Quarter – 2020: £2,180,000).
Castillo Copper (CCZ), which is focused on copper across Australia and Zambia, said it plans to restructure and list its wholly-owned BHA Project via an IPO on the Australian Stock Exchange. The BHA Project is located in New South Wales, Australia and comprises a sizeable footprint proximal to Broken Hill’s zinc-lead-silver deposit.
Digitising chemistry group DeepMatter (DMTR) said it has commenced a project with the University of Cambridge’s Innovation Centre in Digital Molecular Technologies, an open innovation research centre co-funded by the University of Cambridge, AstraZeneca, Shionogi, and the European Regional Development Fund. DeepMatter will provide its DigitalGlassware® platform to iDMT as part of the development of a fully digital workflow in the discovery and development of new molecules, materials, reactions and processes.
Advanced engineering materials group Versarien (VRS) delivered its unaudited results for the year ended 31 March 2021. The company said that the manufacturing scale up is advancing in tandem with the progress on commercialisation of the project’s applications. Highlights include the development and supply agreements for textiles and the number of infrastructure opportunities following the successful pourings of graphene enhanced concrete. In addition, it is working with multiple industrial partners to develop composite structures for automotive, aerospace, defence and rail. Versarien has been able to demonstrate 40% improvement in concrete strength, 30% increase in tyre rubber stiffness and has applied to trademark GrapheneWearTM as part of the textile commercialisation.
Power Metal Resources (POW) said that 2021 diamond drilling at Silver Peak with 12 holes now completed, high core recovery and evidence that the drill core is extremely oxidised. Heavily oxidised core was the characteristic of samples previously tested which delivered the bonanza grade silver results from the due diligence channel sampling undertaken last summer. Power Metal said the data collected from this programme will provide valuable information on the Project which will be critical as it prepares for itsplanned Phase II deep drilling programme targeted for late summer 2021.
Hummingbird Resources (HUM) updated on the Company’s 2021 exploration drilling programme at the Komana East deposit at the Yanfolila gold mine, Mali. The company has continued drill testing the northern extension of the KE ore body, to increase the resources and confidence for future KE Underground mining potential. So far Hummingird has received results from 18 new diamond drill holes over 4,100m at the KE deposit. Together with these drill results, those from early April 2021 and 2020, continue to show excellent grades at depth, highlighting underground mining potential and life of mine extension at Yanfolila.
Life sciences business Optibiotix (OPTI) offered its unaudited preliminary revenue figures for the first six months ended 30 June 2021, a commercial update, and an outlook for the rest of 2021. The company said it has continued to make progress since the beginning of the current financial year with strong sales growth from a recurring revenue base which is increasing as partners launch new products in order to contribute to revenue growth in H2 and beyond. Optibiotix said its focus is now on growing sales of first-generation products with a smaller number of larger partners in key strategic markets and commercialising its pipeline of second-generation products.
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