Graphene specialist Directa Plus Plc (LON:DCTA) said second-half revenues were double those recorded in the first six months of 2017 and added it was in a “robust” financial position. Chief executive Giulio Cesareo gave an upbeat assessment of prospects, telling investors: “Our commercial engagement with customers has grown and deepened significantly, and we expect to announce further material orders, additional collaborations and partnerships over the coming year.
Harvest Minerals Limited (LON:HMI) is stepping up operations at its Arapua fertiliser project in Brazil with the addition of a new plant and expansion of the sales and marketing team. KPfertil was soft launched last year while Harvest waits for the Brazilian Ministry of Agriculture Livestock and Supply to certify the product as a remineraliser.
Newmont Mining (NYSE:NEM) has walked away from Greatland Gold plc's (LON:GGP) Ernest Giles gold project in Australia, bequeathing Greatland some highly encouraging geological work. A 5 km by 1.5 km anomaly has been identified just 1 km north of previous Greatland drilling, and several other anomalies have also been identified nearby. Greatland will shortly lodge a Programme of Work with the regional government as part of the process of initiating follow-up work.
Bango (AIM: BGO) has hooked up with Amazon to enable customers to sign-up to Amazon Prime in India through resellers that offer product bundles.
Computer-based drug developer e-Therapeutics PLC (LON:ETX) has signed collaboration deals which will enhance and extend its artificial intelligence (AI) technology capabilities. Both Intellegens and Biorelate have AI tools which, after pilot studies, have been shown to complement ETX’s existing computational network-driven drug discovery (NDD) technology.
BOS GLOBAL Holdings Limited (LON:BOS), the workplace productivity software developer has advised that the audit of its annual accounts for the year ended 30 June 2017 is at an advanced stage but has not yet been completed. It said discussions continue with the company auditors with a view to completing as soon as possible. The group added that its AGM, held on 22 December 2017 which was adjourned until 17 January 2018, will now reconvene on 26 February 2018 as the report is not yet available. It concluded that further details of the time and location of the reconvened meeting will be announced shortly.
SDX Energy Inc (LON:SDX, CVE:SDX) has told investors that it has now begun drilling the ONZ-7 development well on the Sebou permit in Morocco. This is the fifth well in an ongoing nine well programme onshore Morocco, and the drilling phase is anticipated to take between ten and fifteen days to complete. Big Pic in November.
U.S. Oil & Gas PLC (USOP) told investors, in a statement after Friday’s close, that it has been green lighted for two new wells at its Nevada oil project. The company said it has been awarded permits to drill the planned Eblana-3 and Eblana-6 wells, meanwhile, a proposed re-entry to the Eblana-1 well is still under review.
Zimbabwe-based gold miner Caledonia Mining Corporation PLC (LON:CMCL TSX:CAL) has racked up another record quarter at the Blanket mine. Production at the 49% owned mine totalled 16,425 ounces of gold in the three months to December, 14% more than the previous quarter and 21% higher than a year ago.
Angus Energy Plc (LON:ANGS) has confirmed production at the Brockham field near Reigate in the Weald Basin will re-start in March from two wells rather than the one originally planned. Production will come from BR-X2Y and BR-X4Z and target the Portland Reservoir at a depth of about 615m. BR-X2Y was producing about 30bbl/day prior to its temporary closure.
Jubilee Metals Group PLC (LON:JLP) is to buy a stake in BMR Group PLC (LON:BMR), its joint venture partner in the Kabwe project Zambia. The company will acquire a 29.01% holding in the enlarged issued share capital of BMR for £500,000 in cash and 63,166,969 Jubilee shares worth £2.3mln based on closing price of 3.65p each on 11 January.
Strategic Minerals Plc (LON:SML) said the exchange of contracts on its acquisition of the Leigh Creek copper mine has been delayed. The company said the delay was occasioned by the need to satisfy a number of conditions associated with the purchase being of an existing company, inclusive of mineral rights. These are primarily administrative in nature.
Base Resources Limited (LON:BSE, ASX:BSE) on Monday confirmed that it is has been cleared to acquire the Toliara Sands project, with the proposed transaction becoming unconditional. The deal to acquire an 85% stake in Mauritian subsidiaries of World Titane Holdings, which own the Toliara Sands project, is now expected to be completed next week.
Sapphire sales from the Capricorn mine owned by Richland Resources Ltd (LON:RLD) amounted to US$183,000 in the period from 4 November to the end of the year. That took the total fourth quarter sales figure to just over US$545,000. Separately, Richland's long-standing chief executive Bernard Olivier is to resign, although he will remain on the board until a successor is found.
Bezant Resources PLC (LON: BZT) has announces that Laurence Read has assumed the role of chief executive officer of the company following the resignation of Dr Bernard Olivier as CEO, both with immediate effect.
Wishbone Gold PLC (LON:WSBN) has announced the appointment of Oliver Poole as consultant to the company. The group said Poole's remit will be to enable Wishbone Gold's subsidiary Black Sand FZE to begin operations in Uganda. Poole was an award-winning foreign correspondent for the Evening Standard and Independent titles and in recent years has consulted for philanthropic and political initiatives.
Curzon Energy Plc (LON:CZN), the 100% owner of the 45,000 acre Coos Bay Coalbed Methane (CBM) Project, has said it will be hosting an investor presentation in London on Thursday 1 February 2018. It said Stephen Schoepfer, CEO, and Thomas Wagenhofer, Executive Technical Director, will present an operational update as well as an overview of the company and its strategy for growth. The event, open to all investors, will be held from 6pm onwards at Patch Bar, 58-60 Carter Lane, London.