Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBotswana Diam Share News (BOD)

Share Price Information for Botswana Diam (BOD)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.35
Bid: 0.30
Ask: 0.40
Change: 0.00 (0.00%)
Spread: 0.10 (33.333%)
Open: 0.35
High: 0.35
Low: 0.35
Prev. Close: 0.35
BOD Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

CORRECT: Mobile Streams loss narrows to GBP289,000

Mon, 25th Mar 2024 20:43

(Correcting that Mobile Streams narrowed its loss.)

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

----------

Mobile Streams PLC - London-based mobile content provider - Revenue for the six months to December 31 falls to GBP169,000 from GBP1.1 million the prior year. Company narrows pretax loss to GBP289,000 from a GBP1.2 million loss. Says revenue reduction was in line with expectations, following the completion with its partnership with International Gaming Systems on June 30. Company noted in its annual report in late December that its strategic partnership with IGS, announced in January 2022, drove a significant part of revenue growth in the year to June 30. Says it is now "well positioned as a business", with "a strong suite of proprietary technology platforms and investments", and remains on track to reach operational profitability this year on a monthly basis.

----------

Golden Prospect Precious Metals Ltd - closed-end investor focused on gold and precious metals companies - Pretax loss narrows for 2023 to GBP1.4 million from GBP12.7 million. Net loss narrows to GBP468,090 from GBP11.7 million, as net capital losses on investments held at fair value narrow to GBP580,095 from GBP11.8 million. Investment manager says 2023 "was a particularly volatile [year] for precious metals", mainly due to "continued central bank buying" and "deteriorating geopolitics". Adds however that if interest rate cuts proceed as expected, "this should provide a supportive tailwind for precious metals".

----------

Central Asia Metals PLC - copper, zinc and lead explorer operating in Kazakhstan and North Macedonia - Declares a final dividend of 9 pence per share for 2023, down from 10p the prior year. This brings the full-year dividend to 18p, down from 20p the prior year. Earnings before interest, tax, depreciation, and amortisation fall to USD96.5 million from USD131.6 million, with the margin narrowing to 47% from 57%. Net revenue falls to USD195.3 million from USD220.9 million. Copper production falls to 13,816 tonnes from 14,254 tonnes, zinc in concentrate production falls to 20,338 from 21,473 tonnes, and lead in concentrate production falls to 27,794 from 27,354 tonnes. Company expects 2024 copper production between 13,000 and 14,000 tonnes, with zinc in concentrate between 19,000 and 21,000 tonnes, and lead in concentrate between 27,000 and 29,000 tonnes. Chief Executive Officer Nigel Robinson says company delivered "a solid performance" and "met our production guidance...despite a challenging economic environment with metal prices deteriorating".

Company also announces a conditional investment of GBP3 million in Aberdeen Minerals Ltd, in exchange for a 28.7% shareholding in the nickel, copper and cobalt exploration company which is currently targeting the Arthrath Project and nearby areas in Aberdeenshire, northeast Scotland, and has already reported scalable mineralisation there. Company says its investment will fund various drilling and other testing at Arthrath. Its investment comprises a subscription for 35.3 million shares at 8.5p each. It also will receive warrants to invest a further GBP2 million at 11p each, which would increase its interest to 37.8%.

----------

Botswana Diamonds PLC - Botswana and South Africa-focused diamond explorer - Reports revenue of GBP24,000 for the half year to December 31, having generated no revenue the prior year. Pretax loss for the period narrows to GBP251,000 from GBP330,000. Company also reports operational progress despite the "turbulent times", including positive progress on mining permits at Thorny River and the granting of a prospecting licence over properties in Eswatini. Chair John Teeling says: "While the diamond market was depressed throughout 2023, it is important to recognise that it is the long term trend which is important for the diamond industry, and particularly for explorers. Meanwhile 2024 has started in more positive fashion with diamond sales taking place and a semblance of stability after a difficult last year." Adds that "the long-term outlook for diamonds remains strong".

----------

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
11 Apr 2024 16:23

Botswana Diamonds discovers second anomaly in Kalahari

(Sharecast News) - Botswana Diamonds announced the discovery of a second anomaly on Thursday, close to another anomaly announced on 23 January.

Read more
11 Apr 2024 12:04

Botswana Diamonds down despite potentially lucrative anomaly discovery

(Alliance News) - Botswana Diamonds PLC said on Thursday that it had discovered a second significant anomaly at its KX36 deposit in the Kalahari.

Read more
9 Apr 2024 14:28

IN BRIEF: Botswana Diamonds plans to use AI for geophysical database

Botswana Diamonds PLC - Botswana and South Africa-focused diamond explorer - Intends to apply AI techniques to its Botswana database, which contains 375,000 kms of geophysical data, and 32,000 drill holes logs, using Planetary AI Ltd's Xplore mineral prospectivity technology. Chair John Teeling says: "Our mineral database in Botswana is simply vast...Massive databases are suited to analysis by computer-based large data models and artificial intelligence techniques which can analyse substantial amounts of data in a short time. We feed in the data and create the models from our existing knowledge both theoretical and factual. The techniques then produce results. Where it finds inconsistencies or gaps it adapts. It is early stages in both our work and the use of the technique in mineral exploration, but the future potential is huge."

Read more
9 Apr 2024 12:53

Botswana Diamonds set to use AI to analyse database

(Sharecast News) - Botswana Diamonds announced plans to integrate artificial intelligence (AI) techniques into its extensive Botswana database on Tuesday.

Read more
25 Mar 2024 17:28

EARNINGS: Botswana Diamonds weathers "turbulent times" in first half

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

Read more
31 Jan 2024 18:28

EARNINGS AND TRADING: STV raises holding in Two Cities Television

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

Read more
24 Jan 2024 20:16

EARNINGS AND TRADING: Nanoco receives proceeds from Samsung litigation

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

Read more
23 Jan 2024 12:27

IN BRIEF: Botswana Diamonds completes gravity survey in Botswana

Botswana Diamonds PLC - Botswana and South Africa-focused diamond explorer - Completes gravity survey over four high-grade geophysical targets near a kimberlite pipe in Botswana. At least one of the four targets, which is located six kilometres south of the existing KX36 diamond discovery, has an "excellent" gravity response, it says. The survey on the KX36 size anomaly is being repeated and correlated with previous results for confirmation. Adds that the next step is to begin drilling. "The new kimberlites targets have great potential to upgrade the existing resources in the area, including at the Ghaghoo mine, which is currently under care and maintenance and only 60 km away from the KX36 project," says Botswana Diamonds.

Read more
22 Jan 2024 14:33

UK shareholder meetings calendar - next 7 days

Tuesday 23 January 
C4X Discovery Holdings PLCAGM
Goldplat PLCAGM reconvened
Marston's PLCAGM
Mitchells & Butlers PLCAGM
Wednesday 24 January 
Botswana Diamonds PLCAGM
Henderson Far East Income LtdAGM
Lowland Investment Co PLCAGM
Pantheon Resources PLCAGM
Tracsis PLCAGM
Thursday 25 January 
Alteration Earth PLCAGM
Britvic PLCAGM
Greencore Group PLCAGM
Henderson European Focus Trust PLCAGM
Ixico PLCAGM
Treatt PLCAGM
Friday 26 January 
Avon Protection PLCAGM
JPMorgan China Growth & Income PLCAGM
On The Beach Group PLCAGM
tinyBuild IncGM re fundraise
WH Smith PLCAGM
Monday 29 January 
Hollywood Bowl Group PLCAGM
Landore Resources LtdEGM re conditional fundraising shares
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
20 Dec 2023 17:57

EARNINGS AND TRADING: Half-year loss widens at Triad as revenue falls

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

Read more
8 Dec 2023 14:37

IN BRIEF: Botswana Diamonds spots four anomalies at KX36 project

Botswana Diamonds PLC - Botswana and South Africa-focused diamond explorer - Says four anomalies have been spotted close to the KX36 asset in Kalahari. Says it is likely that there are undiscovered buried kimberlites, which usually occur in clusters and not in isolation. Chair John Teeling says: "Kimberlites occur in clusters, currently only KX36 has been discovered in this particular kimberlite field in the Kalahari so there should be more kimberlites waiting to be discovered. This work forms part of our emerging Kalahari strategy which could lead to this area being a major diamond producer."

Read more
8 Dec 2023 14:24

Botswana Diamonds to explore further after finding four anomalies

(Sharecast News) - Botswana Diamonds is set to launch its next phase of exploration, it announced on Friday, as it identified four anomalies near the KX36 project in the Kalahari region of Botswana.

Read more
27 Nov 2023 11:46

IN BRIEF: Botswana Diamonds touts GBP380,000 fundraise for exploration

Botswana Diamonds PLC - Botswana and South Africa-focused diamond explorer - Undertakes fundraising to raise GBP380,000 via the issue of 76.0 million new shares at a placing price of 0.50 pence per share. Expects that the admission of these shares to trading on AIM will become effective on or around December 11. Says net proceeds will contribute to ongoing exploration activities in Botswana and South Africa, and will more specifically help Botswana Diamonds to continue with activities at these assets. Funds will also help to provide additional working capital for the company.

Read more
19 Oct 2023 15:46

UK earnings, trading statements calendar - next 7 days

Friday 20 October 
Foxtons Group PLCTrading Statement
InterContinental Hotels Group PLCTrading Statement
Record PLCTrading Statement
Monday 23 October 
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Tuesday 24 October 
Angling Direct PLCHalf Year Results
Anglo American PLCTrading Statement
Barclays PLCQ3 Results
Bunzl PLCTrading Statement
FD Technologies PLCHalf Year Results
Gattaca PLCFull Year Results
Petra Diamonds LtdQ1 Results
Scancell Holdings PLCFull Year Results
Softcat PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
WAG Payment Solutions PLCTrading Statement
Wednesday 25 October 
Asos PLCFull Year Results
Bytes Technology Group PLCHalf Year Results
Critical Mineral Resources PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Ibstock PLCTrading Statement
Lloyds Banking Group PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
RWS Holdings PLCTrading Statement
ScS Group PLCFull Year Results
Virgin Wines UK PLCFull Year Results
Thursday 26 October 
Bank of Ireland Group PLCTrading Statement
Bloomsbury Publishing PLCHalf Year Results
Botswana Diamonds PLCTrading Statement
C&C Group PLCHalf Year Results
e-Therapeutics PLCHalf Year Results
Financials Acquisition CorpTrading Statement
GCP Infrastructure Investments LtdTrading Statement
HarbourVest Global Private Equity LtdHalf Year Results
Hummingbird Resources PLCTrading Statement
Hunting PLCTrading Statement
Inchcape PLCTrading Statement
International Personal Finance PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Renishaw PLCTrading Statement
Standard Chartered PLCQ3 Results
Unilever PLCTrading Statement
WPP PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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.