Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCastillo Coppe. Share News (CCZ)

Share Price Information for Castillo Coppe. (CCZ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.25
Bid: 0.20
Ask: 0.30
Change: 0.00 (0.00%)
Spread: 0.10 (50.00%)
Open: 0.25
High: 0.25
Low: 0.25
Prev. Close: 0.25
CCZ 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: Petra Strikes Deal With South African Union

Tue, 06th Oct 2020 19:28

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

----------

Petra Diamonds Ltd - operator of diamond mine in South Africa - Concludes one-year wage agreement with National Union of Mineworkers which covers operations in South Africa for year ending June 30, 2021. To make one-off payment to employees in A and B Paterson Bands grade of between ZAR5,000, about GBP232.86, to ZAR8,000. "In addition, employees in the A Paterson band will receive an increase of 5.5% in their cash earnings, effective 1 January 2021, with employees in the B Paterson band receiving 5%. Apart from wage increases, the agreement also covers various outstanding discussion points between Petra and the NUM, with clear timelines for finalisation of these, as well as a commitment to continue discussions on a wage agreement for the following financial year to 30 June 2022," Petra said.

----------

Strategic Minerals PLC - battery materials minerals company with asset in Australia - Reports "significant uplift" to economics at unit Cornwall Resources Ltd's project following updated mining scoping study. Internal rate of return rises to 29% and net present value with 8% discount at USD128 million, assuming consistent metal price assumptions.

----------

Galantas Gold Corp - owner of Omagh gold mine in Northern Ireland - Says underground mining operations at Omagh remain suspended but concentrate processing re-started on May 26. In third quarter ended September 30, 98 tonnes of concentrate was despatched, containing an estimated 386.2 troy ounces of gold. "Active discussions continue with a number of potential partners regarding funding to provide the investment required for additional mine development and exploration," Galantas said.

----------

Caledonia Mining Corp - St Helier-based miner - Signs agreement with government of Zimbabwe to evaluate mining rights, properties or projects in gold sector. "Caledonia believes Zimbabwe is a highly prospective region for gold discoveries. Caledonia has assessed and continues to assess investment opportunities in the Zimbabwe gold sector that are privately owned," Caledonia said.

----------

Castillo Copper Ltd - Australia and Zambia focused base metal explorer - Geochemical review finds Eldorado prospect at Mt Oxide project to be "prospective for structurally controlled copper and gold mineralisation". Commencing drilling at Mt Oxide among the next steps for company.

----------

Chaarat Gold Holdings Ltd - London-based gold miner focused on Armenia and Kyrgyz Republic - Refinances USD19.4 million of loans plus USD1.1 million of interest. Notes USD13.5 million of investor loan extended to December 31, 2024 with 9.5% interest. Reports USD7.0 million loan with same lender has option for maturity date extension to December 31, 2021. Interest rate increases to 14% from 13% and principal repayment rises to USD7.5 million.

----------

Tertiary Minerals PLC - Nevada-focused mineral exploration and development company - Toronto-listed Aurion Resources Ltd completes maiden drill programme at Kaaresselka Project in Finland, where Tertiary holds "various royalty interests".

----------

Blue Star Capital PLC - esports, payments and technology focused investor - Investee company Dynasty eSports Pte Ltd signed three software as a service agreements in third quarter, providing extra contracted SaaS revenue of USD2.8 million over the next year. Blue Star notes its 13% stake in Dynasty is valued at GBP1.3 million.

----------

Curtis Banks Group PLC - financial services firm - Expects to complete acquisition of Talbot & Muir Ltd on October 30 and said all preconditions have been satisfied.

----------

Supermarket Inc REIT PLC - UK-focused supermarket income trust - Increases initial issue size to up to GBP200 million from GBP150 million amid "strong level of support from investors".

----------

Altus Strategies PLC - Didcot, Oxfordshire-based mineral project royalty generator - Says 3,800 metre drilling at Lakanfla gold project, Mali begins. Programme funded by Marvel Gold Ltd, as part of joint-venture with Altus.

Panthera Resources PLC - Manchester-based gold explorer - Secured interest in Bido PRM licence with support of joint-venture partners and Ministry of Mines of Burkina Faso.

----------

Edenville Energy PLC - operating of the Rukwa coal project in southwest Tanzania - Says employee numbers at Rukwa have been chopped by 50%. Says anticipated handover date of operations at Rukwa to Infrastructure & Logistics Tanzania Ltd hit by administrative issues in Tanzania.

----------

Vast Resources PLC - mining company - Says Atlas Special Opportunities LLC gives notice that it wishes to convert bonds of USD500,000. "The company can confirm it has satisfied the exercise of conversion rights by making payment of the cash alternative amount of USD555,555," Vast said.

----------

SolGold PLC - Australian gold and copper mining company - Says drill rig arrives at Cerro Quiroz, Ecuador to begin drilling at Blanca project.

----------

Zenith Energy Ltd - Africa-focused oil and gas producer - Requests for shares to be suspended as yet to publish annual report for year to March 31.

----------

Good Energy Group PLC - renewable electricity supplier - Notes Zap-Map completes roll-out of new electric vehicle charging payment service with launch partner Engenie.

----------

Plant Health Care PLC - North Carolina-based agriculture firm - Reports four new PREtec peptide products patents issued by US Patent & Trademark Office. Expects to be granted additional patents before end of year and has filed more than 50 applications since 2012.

----------

Oncimmune Holdings PLC - immunodiagnostics company - Collaboration with Medicines Discovery Catapult awarded UK government funding which will go towards research tool for infectious diseases. "This collaboration represents a critical partnership in response to the Covid-19 pandemic and will focus on enabling better treatment selection for patients according to their immune profile," Oncimmune said.

----------

RBG Holdings PLC - London-based law firm - Says law fim Rosenblatt Ltd has continued to trade well, notes case volumes and value " significantly ahead year-on-year". Expects revenue and realised gains between GBP24 million and GBP26 million, improved from GBP23.7 million in 2019.

----------

St Peter Port Capital Ltd - investment company - Sells entire holding in Agriculture Investment Group Corp for USD176,474. Says 336,140 shares sold at 52.5 cents each. "The proceeds of the sale will be used for general corporate purposes," company says.

----------

Tetragon Financial Group Ltd - finance-focused investment firm - Says diversified alternative asset management business, TFG Asset Management enters into agreement with Brandon Baer. Tetragon says it will invest in Baer's newly-created company names Contingency Capital, an asset manager of litigation finance related investment funds. "TFG Asset Management will receive a significant minority equity interest in Contingency Capital and Tetragon will provide Contingency Capital with, among other things, working capital and a USD50 million commitment to Contingency Capital's first commingled investment fund, with Tetragon retaining the option to invest further amounts," Tetragon said.

----------

Augmentum Fintech PLC - fintech investment company - Investee Seedrs announces plans to merge with Crowdcube, "creating one of the world’s largest private equity marketplaces", Augmentum said. Investee Tide awarded GBP25 million grant from RBS Alternative Remedies Package to "strengthen the challenge to high street banks".

----------

Merian Chrysalis Investment Co Ltd - London-based investor in later stage private companies - Raises target result of placing to GBP75 million due to "significant demand".

----------

CareTech Holdings PLC - Potters Bar, Hertfordshire-based social care and education services provider - Completes deal to take majority stake in Smartbox Assistive Technology Ltd and Sensory Software International Ltd. Smartbox provides technology allowing disabled people without speech to communicated easier. CareTech pays GBP10.6 million to take 70% stake.

----------

Tribal Group PLC - education software and services provider - Wins GBP2 million contract for supply of SITS:Vision Student Management System to Arden University for five years. "There is an option to extend for an additional two years at the end of the initial contract period and then extend for a further two years beyond that," Tribal said.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
22 Mar 2024 17:11

Castillo Copper completes sale of two Broken Hill exploration licences

(Alliance News) - Castillo Copper Ltd on Friday said it completed the sale of two exploration licences at the Broken Hill project in the Kabwe district of Zambia.

Read more
14 Mar 2024 20:56

EARNINGS AND TRADING: Castillo losses double; GCP proposes wind-down

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

Read more
11 Jan 2024 14:29

Castillo Copper says Rimfire deal will help prioritise "core" assets

(Alliance News) - Castillo Copper Ltd on Thursday said it had sold two of its Zambian exploration licences to Rimfire Pacific Mining Ltd.

Read more
15 Dec 2023 14:16

IN BRIEF: Castillo Copper director becomes non-executive to trim costs

Castillo Copper - base metal explorer primarily focused on copper across Australia and Zambia - Says Interim Executive Director Jack Sedgwick has transitioned to the role of non-executive director, effective immediately, as streamlining to save annual costs. Says this shows its "commitment to cost efficiency." Sedgwick had originally been appointed as interim executive director in late October after

Read more
15 Nov 2023 15:51

UK shareholder meetings calendar - next 7 days

Thursday 16 November 
Close Brothers Group PLCAGM
Craneware PLCAGM
Critical Mineral Resources PLCAGM
Dunelm Group PLCAGM
Eagle Eye Solutions Group PLCAGM
FW ThorpeAGM
JD Wetherspoon PLCAGM
Kier Group PLCAGM
Marble Point Loan Financing LtdAGM
MJ Gleeson PLCAGM
Origin Enterprises PLCAGM
Ricardo PLCAGM
Smiths Group PLCAGM
Friday 17 November 
Future Metals NLAGM
Red Rock Resources PLCGM re allot equity securities
Rockpool Acquisitions PLCAGM
Saietta Group PLCGM re annual accounts and reappointment of auditors
US Solar Fund PLCGM re change of investment policy
Monday 20 November 
Hellenic Dynamics SAGM re share subdivision and share reclassification
McBride PLCAGM
Mountview Estates PLCGM re re-election of directors
Ondo InsurTech PLCAGM
Rainbow Rare Earths LtdAGM
Seraphim Space Investment Trust PLCAGM
Tuesday 21 November 
Berkeley Energia LtdAGM
Currys PLCGM re proposed disposal of Kotsovolos
Custodian Property Income REIT PLCGM re articles of association
Physiomics PLCAGM
Starvest PLCGM re cancellation of listing
Trainline PLCGM re capital reduction
Wednesday 22 November 
Castillo Copper LtdAGM
Celtic PLCAGM
Crystal Amber Fund LtdAGM
Genus PLCAGM
GreenX Metals LtdAGM
Leeds Group PLCAGM
Wilmington PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
24 Oct 2023 14:40

EARNINGS AND TRADING: Cambridge Cognition launches AQUA solution

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

Read more
17 Oct 2023 11:39

Castillo Copper sees shares slip on strategic asset portfolio review

(Alliance News) - Castillo Copper Ltd on Tuesday said that it has started a wholesale strategic asset portfolio review in order to decide the best path forwards following a number of management changes.

Read more
10 Oct 2023 13:38

Castillo Copper Managing Director Dennis Jensen steps down

(Alliance News) - Castillo Copper Ltd on Tuesday said Managing Director Dennis Jensen has resigned and that it plans to review its portfolio and plans "in the coming weeks."

Read more
3 Oct 2023 19:35

IN BRIEF: Castillo Copper pretax loss multiplies on impairment charge

Castillo Copper Ltd - base metal explorer primarily focused on copper across Australia and Zambia - Reports revenue in the year to June 30 of USD15,615, down sharply from USD145,218 the year before. Takes impairment of exploration expenditure of USD5.7 million compared to zero before. As a result, pretax loss multiplies to USD6.9 million from USD1.7 million with basic and diluted loss per share 0.53 cents compared to 0.13 cents. Says core theme remains to align with strategic development partners to optimise the value creating potential from the current asset portfolio. Will consider any outright offer to acquire one of the assets based on its merits.

Read more
24 Jul 2023 10:39

Castillo Copper retracts production targets announcement on ASX rules

(Alliance News) - Castillo Copper Ltd on Monday saw its shares take a tumble, after it retracted an announcement made earlier in July, in which it based production targets on an inferred resource.

Read more
24 Jul 2023 09:24

SMALL-CAP WINNERS & LOSERS: S4 Capital shares drop as guidance lowered

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

Read more
13 Jul 2023 14:02

Castillo Copper study shows AUD28 million value for Big One deposit

(Alliance News) - Castillo Copper Ltd on Thursday said it has received a preliminary pit optimisation study on the Big One deposit, at its NWQ project, showing a net present value of AUD28 million, around GBP14.7 million.

Read more
14 Jun 2023 12:06

IN BRIEF: Castillo "pleased" by metallurgical test work at Broken Hill

Castillo Copper Ltd - Base metals explorer focused on copper across Australia and Zambia - Receives preliminary report from the Australian Nuclear Science & Technology Organisation, concerning metallurgical test-work performed on six samples from Fence Gossan, Reefs and Tors Tanks prospects in the Broken Hill Alliance project in New South Wales. Total rare earth element plus yttrium grades ranged from 227 to 1,632 parts per million. Yttrium is a rare earth element. Proportion of high-value magnetic rare earth oxides to total rare earths oxide ranged from 22% to 27%. Best total rare earth element plus yttrium extraction was 30%, using a direct leach process at pH 1. Board is reviewing next steps proposed by ANTSO, including trialling alternate leach tests to improve extraction results. Entech Mining Ltd meanwhile is completing pit optimisation and mine design study for Big One deposit. Castillo's geology team is close to finishing an update on the 2017 mineral resource estimate for Cangai Copper Mine in New South Wales.

Read more
14 Jun 2023 09:19

SMALL-CAP WINNERS & LOSERS: Robert Walters drops on lowered outlook

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Read more
26 Apr 2023 18:45

TRADING UPDATES: Ecora portfolio additions up, Gem Diamonds carats up

(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

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.