logo-loader

Proactive news summary: Gulf Keystone Petroleum Ltd,Corero Network Security, Leni Gas Cuba and more

Last updated: 03:46 23 Mar 2016 AEDT, First published: 04:10 23 Mar 2016 AEDT

6277336776_39cdac654f_o_56f17770dfba3
Gulf Keystone Petroleum Ltd (LON:GKP) has received US$7.5 mln gross from the Kurdistan Regional Government for Shaikan crude oil exports in February.
 
The payment was lower than January as a result of the temporary closure of the Kirkuk-Ceyhan export pipeline from 16 February until 11 March.  
 
Corero Network Security PLC (LON:CNS), the AIM-listed cyber security company, landed a US$700,000 order for its SmartWall Threat Defense System  – its largest in the fast-growing cloud-hosting sector.
 
In other news, Keywords Studios (LON:KWS) unveiled its latest expansion via acquisition, with a deal to buy a Manila-based video games support services business.
 
The acquired business, Ankama Asia, currently provides live support services to the games developed by French group Ankama SAS, including titles such as Dofus, Wakfu and Tactile Wars.
 
Elsewhere, background checking group Clearstar Inc (LON:CLST) said a pick-up in the second half had helped it rack up better-than-expected underlying results.
 
Pre-tax losses were better than expected at US$956,000 against losses of US$1.3mln a year ago, due to a second half profit.
 
Meanwhile, Cuba-focused investor Leni Gas Cuba Ltd (ISDX:CUBA) told investors it had received its first import contract under the joint venture, struck last November, worth around US$30,000.
 
Leni said the deal was in the tourist sector and the joint venture is also in negotiation over a number of import further deals.
 
KEFI Minerals PLC (LON:KEFI) is raising £1.75mln through a placing of shares at 0.35p each to some big names in mining finance.
 
The raise comes ahead of a full project finance package for the company’s Tulu Kapi gold project in Ethiopia, which is currently in the works and expected to be finalised within the next few months.
 
In the meantime, the new money comes from existing backers Odey Asset Management, a well-known mining fund, and Ausdrill (ASX:ASL), one of Australia’s biggest mining services companies.
 
And finally, Sierra Rutile Limited (LON:SRX) has reported significantly improved numbers for its proposed dry mining operation at Sembehun in Sierra Leone.
 
Depending on whether the company decides to run at a throughput rate of 500 tonnes per hour (tph) or 1,000 tph, the value of the project over its life is now estimated at US$130mln or US$224mln according to the pre-feasibility study.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

6 hours, 30 minutes ago