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Pin to quick picksAriana Share News (AAU)

Share Price Information for Ariana (AAU)

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Share Price: 2.90
Bid: 2.80
Ask: 3.00
Change: 0.10 (3.57%)
Spread: 0.20 (7.143%)
Open: 2.80
High: 2.90
Low: 2.80
Prev. Close: 2.80
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TRADING UPDATES: Hilton Food seals raise; Hochschild's Aclara floats

Fri, 10th Dec 2021 18:30

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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Hilton Food Group PLC - Cambridgeshire-based food packaging company - Raises GBP75 million from placing of 6.6 million shares at 1,140 pence each. Will partly fund acquisition of smoked salmon producer Dutch Seafood Co BV.

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Hochschild Mining PLC - Americas-focused gold miner - Seals Aclara Resources Inc demerger, following Aclara's listing in Toronto. Sanjay Sarma steps down from Hochschild board as a result. Sarma, who held non-executive position, will join Aclara board. In addition, Hochschild Chief Financial Officer Ramon Barua steps down to become CEO of Aclara.

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Panther Metals PLC - Malaysia-based company focused on mineral exploration in Canada and Australia - Says Panther Metals Ltd successfully lists on Australian Securities Exchange. Panther Metals Ltd is an Australia focused mineral explorer. Panther Metals PLC retains a 37% stake in the newly-listed ASX firm.

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Ariana Resources PLC - exploration firm with interests in Turkey - Also notes Panther Metals Ltd successfully lists ASX. Says Asgard Metals Fund holds 3.2% stake in Panther Metals Ltd. "The successful listing of Panther Metals marks a key pivot point of our ambitions as an exploration and development company, which now spans three continents, and represents an important stage in the realisation of value through the Asgard Metals Fund," Ariana Managing Director Kerim Sener says.

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Ncondezi Energy Ltd - coal-fired power project in Mozambique - Says transmission integration study for power project in Tete, Mozambique submitted for review and approval to watchdog Electricidade de Mocambique. On Tuesday, Ncondezi said it repaid a director's bridge loan following completion of sale of renewable energy subsidiary Mozambique Green Power, to Green Energy PLC for USD1.3 million in cash.

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UK Oil & Gas PLC - onshore exploration and production in UK and Turkey - Says "good progress made" by Viking Geophysical Services in acquiring a 2D seismic programme at Basur-Resan area in Turkey. "The company's geophysicist visited the VGS operation for over a week and continues regular in-person oversight of the acquisition. VGS' acquisition programme is also being overseen by the company's UK-based expert acquisition quality control consultant to ensure the best data possible is acquired," company adds. At B-3S, also in Turkey, initial talks for drilling completed with rig contractors. "It is planned that the well will commence upon receipt and interpretation of the fast-track seismic processing," company says.

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Southern Energy Corp - North American gas-weighted producer focused on growth - Contracts Energy Drilling Co's rig number 15 for programme at Gwinville asset in central Mississippi. "Southern has received drilling permits for three horizontal wells," company says. In addition, company expects trading of shares on post-consolidation basis to begin on or around December 22.

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Aquila European Renewables Income Fund PLC - renewable energy infrastructure investor - Says all 72 wind turbines at The Rock fully erected. Aquila labels this an "important milestone for the project". "The majority of the turbines are energised with the remaining wind farm expected to be fully energised by the end of December 2021," company adds. Also says three more power purchase agreements at Benfica III asset sealed.

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Edinburgh Worldwide Investment Trust PLC - invests in companies with a market capitalisation of less than USD5 billion at the time of first investment - Says net asset value per share at October 31 year end rises to 331.03 pence from 279.90 a year prior. Like last year, no dividend is being paid.

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JPMorgan Japanese Investment Trust PLC - invests in Japanese companies "across the market cap spectrum" in high-growth industries - Net asset value per share at September 30 year end up 9.6% to 735.5 pence from 670.8p a year earlier. Ups final payout to 5.3p per share from 5.1p.

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CATCo Reinsurance Opportunities Fund Ltd - invests in catastrophe reinsurance risks - Says hearing in respect to proposed Markel CATCo Reinsurance Fund Ltd buyout concluded on Wednesday. Notes court has no fixed date for delivery of judgment, though company does not expect this to occur until January.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
2 Sep 2022 13:35

IN BRIEF: Ariana Resources provides GBP500,000 loan for Apliki project

Ariana Resources PLC - exploration firm with interests in Turkey, Cyprus and Kosovo - Provides convertible loan to Venus Minerals Ltd of GBP500,000 with a 10% coupon. Says loan will be used to progress the Apliki copper project in Cyprus. The firm recently provided an updated mineral resource estimate for the project. Venus holds management control of the project.

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18 Aug 2022 11:51

IN BRIEF: Ariana Resources shares rise with upgraded resource estimate

Ariana Resources PLC - exploration firm with interests in Turkey - Says the updated mineral resource estimate for its Apliki copper project in Cyprus shows a global measured, indicated, and inferred resource of roughly 17 million tonnes at a grade of 0.3% to 0.7% copper. Says the project represents a developed open-pit with significant unmined resources available for modern extraction.

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3 Aug 2022 15:57

TRADING UPDATES: Ensilica expects annual profit ahead of expectations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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26 Jul 2022 14:47

IN BRIEF: Ariana Resources expands exploration footprint in Kosovo

Ariana Resources PLC - gold producer in Turkey and explorer Kosovo and Cyprus - Says 75%-owned Western Tethyan Resources Ltd is granted a further exploration license in Kosovo. The new Hertica license covers 58 square kilometres in north east Kosovo. It is prospective for copper and gold. Notes that Western Tethyan Resources has three other license applications in Kosovo awaiting approval by the Independent Commission for Mines & Minerals.

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29 Jun 2022 12:45

IN BRIEF: Ariana Resources annual profit gets boost from disposals

Ariana Resources PLC - exploration firm with interests in Turkey - Posts a pretax profit of GBP7.7 million in 2021, up 51% from GBP5.1 million the previous year. Company says the main driver of this increase was the partial disposal of its interest in Turkey in February. Ariana reduced its 50% interest in the Kiziltepe mine and 100% interest in the Salinbas project to a collective 24%. Looking forward, company aims to advance its long-term interest in south-eastern Europe and to start investing in "high-impact early-stage exploration opportunities".

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23 Jun 2022 21:28

TRADING UPDATES: FirstGroup extends takeover date; Tasty repays debt

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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23 Jun 2022 12:33

Ariana reports progress across its operations

(Sharecast News) - Europe-focussed gold explorer and developer Ariana Resources updated the market on its operations on Thursday, reporting that the Tavsan project development was being transitioned into the construction stage.

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16 Jun 2022 11:53

IN BRIEF: Ariana Resources seals 12 drill holes at Tavsan in Turkey

Ariana Resources PLC - exploration firm with interests in Turkey - Says it has completed 12 geotechnical drill-holes at the Tavsan gold project in Western Turkey. 96 new holes have been drilled within the mineral resource area. Results received include 55 holes which intercepted gold mineralisation. Ariana says the primary objective of the 2021/2022 drilling programme at Tavsan was to provide infill drilling data, primarily into the measured and indicated categories.

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3 May 2022 21:55

TRADING UPDATES: Vela, Standard Life Investments up portfolio value

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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6 Apr 2022 12:22

IN BRIEF: Ariana Resources shares rise on progress at Tavsan mine

Ariana Resources PLC - exploration firm with interests in Turkey - Says its Tavsan gold and silver mine located in western Turkey is targeting production of up to 30,000 ounces of gold per annum over the next eight years. Notes it completed over 3,900 meters of resource drilling at Tavsan between December and March. To conduct a new mapping and exploration project at Tavsan to identify new zones of mineralisation.

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6 Apr 2022 11:33

Ariana reports progress at Tavsan gold and silver mine

(Sharecast News) - Exploration and development company Ariana Resources updated the market on the mine development programme underway at Tavsan on Wednesday.

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21 Mar 2022 19:11

TRADING UPDATES: Kavango eyes acquisition; PYX ups zicron price

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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17 Mar 2022 19:43

TRADING UPDATES: 4Global to top forecasts; Nanoco wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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17 Feb 2022 14:59

IN BRIEF: Ariana Resources shares rise with significant gold findings

Ariana Resources PLC - exploration firm with interests in Turkey - Says recent drilling results from the Klirou sector of its Magellan project in Cyprus confirmed the presence of "significant" gold.

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17 Feb 2022 12:26

Ariana upbeat on drilling at Magellan Project

(Sharecast News) - Europe-focussed mineral exploration and development company Ariana Resources announced recent drilling results from the Klirou Sector of the Magellan Project on Thursday, which is wholly owned by Venus Minerals.

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