focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAlba Mineral Resources Share News (ALBA)

Alba Mineral Resources: Gold Results Waste Tip

Alba Mineral Resources: Gold Results Waste Tip

Share Price Information for Alba Mineral Resources (ALBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0675
Bid: 0.065
Ask: 0.07
Change: 0.00 (0.00%)
Spread: 0.005 (7.692%)
Open: 0.0675
High: 0.0675
Low: 0.0675
Prev. Close: 0.0675
ALBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: Virus Hits Mears But Tristel Gets Boost

Wed, 22nd Jul 2020 17:57

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

----------

Mears Group PLC - services provider to the UK's housing sector - Expects revenue from continuing activities in the first half to June 30 to fall 7.7% annually to GBP405 million from GBP439 million. Expects a pretax loss on continuing activities and before the amortisation of acquisition intangibles to be around GBP6.0 million, swinging from a GBP16.7 million profit. Expects a recovery in activity in second half, assuming Covid-19 infection levels remain low.

----------

Tristel PLC - Cambridgeshire-based manufacturer of infection prevention products - Results for year ended June 30 will be ahead of market expectations, with revenue coming in at GBP31.6 million, a 21% increase, and adjusted pretax profit rising at the same rate to GBP6.8 million. During the final four months of the year when Covid-19 impact was it its greatest, sales rose 30% annually.

----------

Barkby Group PLC - owner of businesses in real estate, consumer & hospitality and life sciences sectors - Withdraws forecast of Ebitda of GBP3.5 million for year ended June 30, due to Covid-19. Also secures GBP1 million loan under UK's coronavirus business interruption scheme. Notes Commercial Property Development completed construction of Hastings development in June. Hospitality arm made "positive" start to 2020 before Covid-19 interruption.

----------

Itaconix PLC - polymers maker - Expects revenue growth of 80% to USD1.1 million in six months to June 30. Notes several customers have boosted size of recurring orders due to increased demand amid Covid-19.

----------

Boku Inc - US-based mobile payments solution provider - Revenue for six months to June 30 expected to be at least USD24.7 million, a rise of 5.1% from USD23.5 million reported a year ago. Annual earnings before interest, tax, depreciation, and amortisation are expected in line with expectations and 65% higher from 2019.

----------

MobilityOne Ltd - e-commerce infrastructure payment solutions and platform provider - Says 50%-owned remittance firm OneTransfer Remittance Sdn Bhd signs money transfer agreement with MoneyGram Payment Systems Inc. Agreement means OTR customers can send money on MoneyGram platform.

----------

Blancco Technology Group PLC - data erasure firm with a sales office in Hertfordshire - Despite Covid-19 lengthening sales cycles, performance in year to June 30 was in line with market expectations with revenue inching 9.5% higher to GBP33.4 million from GBP30.5 million. Adjusted operating profit tipped to rise 14% to GBP4.0 million.

----------

Cloudcall Group PLC - cloud-based software firm with offices in Leicester, Sydney and Boston, US - Says revenue in six months to June 30 up 11% annually to GBP5.8 million. Recurring subscriptions up 20% to GBP5.1 million and users up 19% to 43,815.

----------

Quixant PLC - Cambridge-based technology outsourcer for gaming industry - Says key gaming unit sees "minimal" order over past three months as most clients closed due to Covid-19. The Densitron business unit however, has "experienced healthy demand from a range of industrial sectors".

----------

Empresaria Group PLC - West Sussex-based staffing firm - Profitable in both quarters during the six months ended June 30, despite Covid-19. Second quarter net fee income plunged 39% annually, contributing to a 22% fall in the whole of the first half to GBP28.2 million from GBP36.3 million. Made cost savings however, second quarter expenses were 30% lower year-on-year, after the first quarter when they fell 23%.

----------

Anexo Group PLC - Liverpool-based legal services provider - Trading continuing in line with expectations and plans to reinstate financial guidance for 2020 in its August interim report. Note some staff in its Bond Turner legal services division are returning to office working as Covid-19 lockdowns ease.

----------

Avacta Group PLC - Wetherby-based biotherapeutics firm - To begin clinical validation of Covid-19 laboratory test being developed by US-based Adeptrix as part of a UK government scheme.

----------

Resolute Mining Ltd - gold miner with assets in Senegal and Mali - Gold poured in quarter ended June down 3.2% to 107,183 ounces from 110,763 ounces in March. On track for 430,000 ounces poured in 2020.

----------

Alba Mineral Resources PLC - mineral exploration and development company with gold asset in Wales - Notes work activity as resumed at Clogau gold project, Wales following Covid-19 lockdown. Says priority for summer 2020 is completing underground bulk sampling programme, upon receipt of regulatory consent.

----------

Pure Gold Mining Inc Canada-based gold mine developer - Ontario Ministry of the Environment, Conservation & Parks approves and issues amended environmental compliance approval for air and noise emissions at Red Lake mine.

----------

Danakali Ltd - potash miner - Reports that notice of commencement of mine development at Colluli asset accepted by Eritrean Ministry of Energy & Mines.

----------

Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company - Has made an offer to acquire Columbus Energy Resources PLC's stake in Inniss-Trinity CO2 project in Trinidad. Predator has option acquire interest for USD4.2 million but Predator's offer totalled USD1.8 million, so Columbus rejected.

----------

Jangada Mines PLC - natural resources company with vanadium asset in Brazil - reports "overwhelming success" from drilling campaign at its Pitombeiras vanadium project, Brazil. Received final five assay results received from the Goela target at project.

----------

Bluejay Mining PLC - explorer with assets in Greenland and Finland - Says agreement with "multinational commodity trading firm" at Dundas ilmenite project has increased. Offtake pact up 50% to between 250,000 and 300,000 tonnes per year, extending agreement by three months to October 31.

----------

Great Western Mining Corp PLC - mineral explorer with gold project in Nevada - Notes initial work has begun at the Trafalgar Hill, West Ridge and Rhyolite Dome targets at the Olympic Gold project in Nevada.

----------

Gunsynd PLC - London-based investment firm - Invests AUD200,000, about GBP110,000, in Eagle Mountain Mining Ltd, a copper and gold explorer. Forms part of Eagle Mountain's AUD3.0 million wider fundraising. The funds will finance a surface diamond drilling programme at its Oracle Ridge copper mine project.

----------

Dekel Agri-Vision PLC - West African focused agriculture company - Reports milling equipment for a cashew processing plant it is developing in Cote d'Ivoire has arrived at port of Abidjan from Italy as planned.

----------

Altus Strategies PLC - mining royalty firm - Reports preliminary economic assessment at Diba gold project, Mali. Reports a pretax net present value of USD115 million and a post-tax net present value of USD81 million.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
15 May 2024 18:38

TRADING UPDATES: Vertu Motors ups dividend as hails record revenue

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

Read more
15 May 2024 13:05

Alba reports better-than-expected waste tip gold findings

(Sharecast News) - Alba Mineral Resources announced the successful extraction of high-grade gold from samples obtained during the trenching programme at the historic waste tip within its wholly-owned Clogau-St David's Gold Mine in North Wales on Wednesday.

Read more
8 May 2024 11:39

EARNINGS: International Biotechnology bullish; Andrews Sykes profit up

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

Read more
7 May 2024 13:47

EARNINGS AND TRADING: Solid State and MTI Wireless win deals

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

Read more
2 Apr 2024 19:33

EARNINGS AND TRADING: Alba Mineral finds gold targets at Dolgellau

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

Read more
28 Mar 2024 10:28

TRADING UPDATES: Develop North net asset value down amid rising rates

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

Read more
22 Mar 2024 16:10

Alba reports progress at Clogau-St David's Gold Mine

(Sharecast News) - Alba Mineral Resources updated the market on its activities at the Lower Llechfraith workings within the Clogau-St David's Gold Mine in north Wales on Friday, and advancements across the broader Dolgellau Gold Belt.

Read more
22 Mar 2024 13:41

IN BRIEF: Alba Mineral to start sampling of Llechfraith gold target

Alba Mineral Resources PLC - northern Europe-focused mineral explorer - Will start sampling of the Llechfraith Target and trenching of the Clogau waste tip at its 100% owned Clogau-St David's gold mine in north Wales. Adds that processing and interpretation of the airborne geophysical survey undertaken over its key regional gold targets continues, with results expected from the first survey site, Clogau, at some point next week.

Read more
23 Feb 2024 08:59

TRADING UPDATES: Plant Health eyes Mexico Saori launch; NARF wins deal

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

Read more
7 Feb 2024 14:34

GreenRoc says Greenland law change will accelerate Amisoq project

(Alliance News) - GreenRoc Mining PLC on Wednesday said that a recent change to Greenland's mining laws would expedite exploitation licencing for its Amitsoq graphite project.

Read more
18 Jan 2024 19:42

TRADING UPDATES: Coro Energy strikes finance deal in Vietnam

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

Read more
22 Dec 2023 14:36

IN BRIEF: Alba Mineral Resources gains de-watering permits in Wales

Alba Mineral Resources PLC - northern Europe-focused mineral explorer - Natural Resources Wales grants permission for formal variations to existing discharge and abstraction permits. This will enable Alba to de-water the Lower Llechfraith workings, the principal gold target at its Clogau-St David's gold mine in north Wales "at significantly higher rates" of up to 250 cubic metres per day.

Read more
12 Dec 2023 12:14

IN BRIEF: UK Oil & Gas gets extension for Horse Hill oil field work

UK Oil & Gas PLC - London-based exploration and production company focused on UK and Turkey - Says the UK North Sea Transition Authority has granted a one-year extension to the PEDL137 retention area work programme at its Horse Hill oil field in southern England until September 30, 2025. Adds that work programme now fully corresponds to the farm-in programme agreed with Pennpetro Energy PLC announced on Monday.

Read more
11 Dec 2023 11:38

Pennpetro and UK Oil & Gas agreed extension of Horse Hill farm-in deal

(Alliance News) - Pennpetro Energy PLC and UK Oil & Gas PLC on Monday said they have agreed to extend their conditional agreement for Pennpetro to farm-in to the Horse Hill oil field in southern England.

Read more
6 Dec 2023 14:00

IN BRIEF: Alba Mineral hopes for Lower Llechfraith dewatering permit

Alba Mineral Resources PLC - Northern Europe-focused mineral explorer - Hopes to enter the final leg of the dewatering permit process regarding Lower Llechfraith before the end of the year. Says geophysical survey over key original gold targets is underway, while survey for the Clogau target has been completed.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.