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Pin to quick picksBens Creek Share News (BEN)

  • This share is currently suspended. It was suspended at a price of 0.175

Share Price Information for Bens Creek (BEN)

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Share Price: 0.175
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TRADING UPDATES: Solid State expects to top annual expectations

Wed, 26th Oct 2022 14:35

(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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Solid State PLC - Worcestershire, England-based computing products manufacturer - Expects revenue for six months that ended September 30 to reach around GBP59.0 million, up 51% from GBP39.0 million the year before. Says it has seen a "significant revenue benefit in the first half from the strength of the US Dollar". Adjusted pretax profit is expected to be around GBP5.0 million, up 52% from GBP3.3 million. Looking ahead, Solid State says it expects to exceed current revenue expectations being GBP117.3 million, and be marginally ahead of the adjusted pretax profit guidance of GBP9.4 million for financial 2023. Previously revenue was forecasted at GBP108 million and adjusted pretax profit at GBP9.2 million.

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Thor Mining PLC - Australia-focused exploration and development company - Completes the 2,000 metre reverse circulation drilling programme at the Ragged Range project in the eastern Pilbara in Western Australia. Says six holes tested at Kelly's Ridge showed up to 15.5 grams of gold per tonne, and 535 grams of silver per tonne. Managing Director Nicole Galloway says: "The program was designed to follow up on prospective rock chip samples, including a high-grade, historic drill intercept. We look forward to reporting the results of the program in due course."

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Bens Creek Group PLC - operates metallurgical coal mine in US state of West Virginia - Says highwall miner has been moved into position on the new permitted area following an announcement on September 22. Also confirms that mining has started on the new permit area. Chief Executive Officer Adam Wilson says: "This is a landmark occasion moving operations onto the new larger permit area, which can support two highwall miners, will enable us to increase production levels and meet our operational targets."

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Shanta Gold Ltd - Guernsey-based east Africa-focused gold producer, developer and explorer - Gold production increases by 11% during the third quarter that ended on September 30 to 19,532 ounces from 17,527 ounces in the previous quarter. Says 2022 production is expected to achieve the low end of the 68,000 to 76,000 ounce guidance range. Earnings before interest, tax, depreciation and amortisation amount to USD10.9 million, down from USD11.9 million in the previous quarter. "In addition to this, drilling at West Kenya and construction work at Singida are both progressing well, and we remain on track for first gold pour at Singida in March 2023", Chief Executive Officer Eric Zurrin says.

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By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
23 Dec 2022 12:57

Bens Creek agrees to buy rail track holding company

(Sharecast News) - North American metallurgical coal miner Bens Creek announced on Friday that its wholly-owned subsidiary Bens Creek Carbon has entered into an agreement to acquire up to 100% of the membership interests in Bens Creek Rail Holding.

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22 Dec 2022 14:24

Bens Creek selling highwall miner for $3.6m

(Sharecast News) - North American metallurgical coal miner Bens Creek announced the proposed sale of its own highwall miner on Thursday, to Civil LLC, for total cash of $3.6m.

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22 Dec 2022 12:34

Bens Creek sells highwall miner for USD3.6 million paid in instalments

(Alliance News) - Bens Creek Group PLC on Thursday said it is selling its highwall miner for USD3.6 million to Civil LLC.

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20 Dec 2022 16:11

TRADING UPDATES: Predator buys majority in Cory Moruga; Thor tips gold

(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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2 Dec 2022 12:58

Bens Creek reaches monthly production of 40,000 tonnes

(Sharecast News) - North America-focussed metallurgical coal miner Bens Creek said in an update on Friday that from 26 October to the end of November, it produced a total of 43,736 clean tonnes.

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2 Dec 2022 11:23

Bens Creek with record monthly production despite Thanksgiving closure

(Alliance News) - Bens Creek Group PLC said on Friday it recorded its highest ever monthly production despite closing for the Thanksgiving holiday.

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11 Nov 2022 15:24

TRADING UPDATES: De La Rue defends chair; Resolute Mining fundraise

(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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10 Nov 2022 10:54

AIM WINNERS & LOSERS: Manolete swings to loss amid case troubles

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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7 Nov 2022 21:18

REPEAT: TRADING UPDATES: Reckitt names director; Ondine notes results

(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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7 Nov 2022 21:16

TRADING UPDATES: Reckitt names director; Ondine notes hood results

(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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22 Sep 2022 17:46

TRADING UPDATES: Newbury revenue gallops; Bens Creek gets green light

(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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20 Sep 2022 15:53

UK shareholder meetings calendar - next 7 days

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Copyright 2022 Alliance News Limited. All Rights Reserved.

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30 Aug 2022 16:13

TRADING UPDATES: Thor Explorations, Zenith Energy post swing to profit

(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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18 Aug 2022 15:46

IN BRIEF: Bens Creek to raise GBP6 million to form equipment fleet

Bens Creek Group PLC - operates metallurgical coal mine in US state of West Virginia - Intends to raise GBP6.0 million through placing of 10.0 million shares at a price of 30 pence per share, and subscription by certain investors for another 10.0 million shares at the same price.

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