Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksECR Minerals Share News (ECR)

Share Price Information for ECR Minerals (ECR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.265
Bid: 0.26
Ask: 0.27
Change: 0.00 (0.00%)
Spread: 0.01 (3.846%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.265
ECR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Wheelsure shares suspended as funding talks continue

Fri, 03rd Mar 2023 20:24

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

----------

Wheelsure Holdings PLC - Fareham, England-based industrial engineering company - Requests a temporary suspension of its shares on the AQSE Growth Market from Wednesday due to a delay to the publication of its financial results for the year ended August 31. Says the audit work is expected to conclude "in the coming weeks." Adds that conversations regarding raising further working capital are ongoing with a number of providers. In the meantime, says capital remains "severely constrained" but is optimistic the conversations will conclude positively.

----------

ECR Minerals PLC - exploration and development company focused on gold in Australia - Completes the purchase of a new Cortech CMR1000 multi-purpose drilling rig for USD402,957. Purchase of rig was delayed in July 2021 to allow the appointment of Chief Executive Andrew Haythrope and the completion of a new strategic plan which was originally announced in July 2022. Chief Executive Andrew Haythorpe says: "I am delighted that our long awaited second drill rig has finally arrived in Melbourne. As I stated previously this new Cortech multi-purpose rig will significantly enhance our on-the-ground capabilities, offering both RC and diamond drilling systems. As previously reported, our drill schedule for 2023 is ramping up considerably, and the rig will be put to work following a period of commissioning. The board are also greatly encouraged by expressions of interest from companies regarding leasing the rig outside of ECR's own schedule. In this regard, it is anticipated that the fees from leasing, if agreed, will fund a significant portion of our planned work at Creswick. I look forward to providing further details in due course."

----------

Polymetal International PLC - gold and silver producer with assets in Russia and Kazakhstan - Chief Executive Vitaly Nesis says that the company did not replace its ore depletion and recorded declining ore reserves in 2022. Explains the exploration season was severely affected by the indirect impact of sanctions placed on, amongst other things, imports of diamond drilling spares and materials into Russia. "We remain confident in the group’s ability to grow our high-quality reserve base and expect the resumption of the upward trend in 2023," he says. In 2022, the company ore reserves fell 9% year-on-year to 27.3 million ounces of gold equivalent from 29.9 Moz of GE. Mineral resources, additional to ore reserves, grew 5% year-on-year to 25.8 Moz of GE from 24.6 Moz of GE.

----------

One Heritage Group PLC - Manchester-based residential developer focused on the north of England - Announces the practical completion of Country House, Oldman. Says this is its first completion of a development management project. Chief Executive Jason Upton says: "We are thrilled to see the completion of County House. The scheme marks the completion of our first partnership with a housing association, and we are grateful to the entire project team for their work on the scheme. Not only are we really pleased with the quality of the product provided, but we are also delighted to have transformed a local landmark building which is centrally located."

----------

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
23 Apr 2024 17:14

IN BRIEF: ECR Minerals prepares Lolworth return as weather improves

ECR Minerals PLC - Australia-focused gold exploration company - At its annual general meeting on Tuesday, says team fields are preparing to return to its Lolworth project in Queensland as weather conditions improve. Says that initial tests have revealed "numerous gold-bearing streams as well as indications of rare earths mineralisation". The best indicators appear to be at Oak Creek prospect, it says. Adds that exploration campaign in Blue Mountain is set to begin.

Read more
8 Apr 2024 17:03

TRADING UPDATES: ECR Minerals confident on Creswick drilling 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:

Read more
2 Apr 2024 16:27

TRADING UPDATES: Ground Rents refinances; ECR Minerals loss narrows

(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
14 Mar 2024 16:53

TRADING UPDATES: FireAngel CFO resigns; ECR Minerals raises GBP585,000

(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
14 Mar 2024 13:42

ECR Minerals raises £0.6m to advance Australian projects

(Sharecast News) - Australia-focussed gold explorer and developer ECR Minerals announced the fundraising of £0.59m before expenses on Thursday, to advance its projects in Victoria and Queensland.

Read more
15 Feb 2024 15:50

ECR Minerals chair steps down, to remain as director; names successor

(Alliance News) - ECR Minerals PLC on Thursday said its chair has stepped down from his role, remaining as a non-executive director, while the company also named a successor.

Read more
13 Feb 2024 10:34

AIM WINNERS & LOSERS: Kefi jumps as Tulu Kapi funding closer

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

Read more
12 Feb 2024 16:51

LONDON MARKET CLOSE: FTSE 100 treads water ahead of US CPI reading

(Alliance News) - Stock prices in London closed higher on Monday, ahead of some key inflation data from the US, as well as a slew of UK economic data.

Read more
12 Feb 2024 11:53

ECR Minerals shares jump on promising drill results from Creswick sample

(Sharecast News) - ECR Minerals saw shares surged on Monday after the Australia-focused gold miner reported "promising" results from bulk sample testing at the Davey Road site of its Creswick asset

Read more
12 Feb 2024 11:14

IN BRIEF: ECR Minerals stock shines on new gold drilling results

ECR Minerals PLC - Australia-focused gold exploration company - Provides additional results from its 2024 drilling programme at the Davey Road site of its Creswick gold project in central Victoria, Australia. Results show "significant increase in gold grades overall", and the best result is now 41.03 grams of gold per tonne over one metre. ECR says bulk sample results show contiguous gold over multiple metres, and indicate both greater prevalence and higher grades of gold. Adds that Davey Road drilling was completed on time and within budget, and the second phase of drilling is now underway at the Kuboid Hill site.

Read more
12 Feb 2024 10:46

AIM WINNERS & LOSERS: ECR Minerals hails Creswick drilling

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

Read more
5 Feb 2024 14:09

TRADING UPDATES: Alliance Pharma appoints chair; FireAngel sales down

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

Read more
23 Jan 2024 16:29

IN BRIEF: ECR Minerals says Technical Director to step down from board

ECR Minerals PLC - Australia-focused gold exploration company - Technical Director Adam Jones steps down from the board with immediate effect. Jones will continue in his role as chief geologist and technical director of exploration, and focus more of his time on commercial operations. Managing Director Nick Tulloch comments: "It is important to note that this board change is no reflection on Adam - in fact the conversation was instigated by him."

Read more
15 Jan 2024 14:17

ECR Minerals gets AUD53,000 payment from hire purchase sale

(Alliance News) - ECR Minerals PLC said its Australian subsidiary Mercator Gold Australia Pty Ltd has received its first payment relating to the hire purchase sale agreement.

Read more
10 Jan 2024 11:57

ECR Minerals receives samples showing gold mineralisation at Lolworth

(Alliance News) - ECR Minerals PLC on Wednesday said it has received samples from its Lolworth Project in Queensland, as it looks to plan the next phase of its exploration.

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.