Proactive news highlights: Breedon Aggregates, Capital Drilling, Haydale, Scancell and more...

Strategic Minerals begins drilling in Australia, Haydale agrees a partnership with plasma reactor group and Scancell has a management reshuffle.

Daily news round-up from the world of Proactive

Workforce management software provider ServicePower Technologies Plc (LON:SVR), announces that Non-Executive Chairman  Hugh Fitzwilliam-Lay and Marne Martin, Chief Executive Officer, purchased 661,731 and 327,354 ordinary shares of 1 pence each respectively, at a price of 2.5 pence per share.

Fitzwilliam-Lay and Martin have a stake of 4.47% and 0.17% of the issued share capital, respectively.

In other news, drilling has now started at the Hanns Camp nickel/copper sulphide prospect in Australia, Strategic Minerals (LON:SML) confirmed today.

By spending A$250,000 on exploration Strategic can take a 50% stake in Central Australian Rare Earths , the owner of the Laverton project that includes the Hanns Camp prospect.

Meanwhile, Capital Drilling Ltd (LON:CAPD), which provides rigs and serviceshttp://images.intellitxt.com/ast/adTypes/icon1.png, won a number of exploration contracts in its first quarter, signalling a measured recovery in the mining sector.

The group also saw stable revenue over what is a traditionally weak first quarter, with turnover increasing into the second quarter due to the start of short term contracts.

Over at Haydale Graphene Industries PLC (LON:HAYD), it agreed a partnership with AMG Advanced Metallurgical Group which sees the AIM quoted group supply plasma reactors to treat graphite from a mine in Sri Lanka.

It follows two years of partnership between the two companies, and paves the way for the development of a European centre of excellence for graphene that can operate at scale, supported by in-situ reactors.

Elsewhere, Midatech Pharma Plc (LON: MTPH, NASDAQ:MTP) said there is the “increasing potential” to fast-track one of its cancer treatments.

Excitement surrounds MTX110, which treats a diffuse intrinsic pontine glioma (DIPG), an ultra-rare childhood tumour with survival rates of almost zero.

Scancell Holdings Plc (LON:SCLP) is set for a management reshuffle to support its ambitious growth plans.

Dr Richard Goodfellow, currently joint-CEO, will be appointed chief executive officer. Professor Lindy Durrant will step down from her role as joint-CEO and become chief science officer. The company is also opening a new HQ in San Diego.

Over at Rare Earth Minerals plc's (LON:REM), the European lithium investment European Metals Holdings Limited (LON:EMH ASX:EMH)  has published a first resource in the higher confidence indicated category.

Using data from five new drill holes, EMH's flagship Cinovec deposit in the Czech Republic is now estimated to contain indicated resources of 0.5Mt of lithium from 49.1Mt of ore at a grade of 0.43%.

Highlands Natural Resources Plc (LON:HNR) has unveiled a low cost acquisition of oil exploration acreage in North Dakota.

The AIM quoted company has acquired some 1,979 acres in the Williston Basin in a deal worth around US$14,000, paid in cash. The deal adds to North Dakota licences acquired in November, and its takes Highlands’ position in the area to 3,951 acres.

And finally, Breedon Aggregates Ltd (LON:BREE) said that, in line with a previous announcement, former chief executive Simon Vivian, had been appointed a non-executive director.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Australian Vanadium confirms ‘exceptional’ vanadium extraction in test work

Australian Vanadium Ltd (ASX:AVL) (OTCMKTS:ATVVF) managing director Vincent Algar speaks to Proactive about recent pilot test-work conducted at the Australian Vanadium Project, which delivered leach extraction of up to 94.7%. The pilot-scale roast and leach testing has confirmed the...

10 hours, 52 minutes ago

3 min read