10 Nov 2022 15:52
TRADING UPDATES: Vertu Motors sizes up acquisition; Ondo's Hiscox deal
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
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Don't have an account? Click here to register.Edenville Energy starts mining northern area at Rukwa
Thu, 27th Jun 2019 15:14
(Sharecast News) - Edenville Energy announced the start of mining at the new northern mining area of its flagship Rukwa Coal Project in Tanzania on Thursday, along with other recent developments.The AIM-traded firm said the access and haul road to the northern area, two kilometres north of the current pit, was completed ahead of schedule, with overburden stripping and exposing of coal now having started there.It said the northern area had thicker seams, in areas up to 40 metres thick starting about two meters from surface, than those previously mined.The wash plant had started batch processing of fine coal stockpiles through the pre-screen, enabling around 40% of the fine coal stockpiles to be reclassified as sized coal product, available for washing or direct sale.Analysis of that screened but unwashed coal was returning values of approximately 5,000 kilocalories per kilogram."We are delighted to have commenced mining at the Northern Area following the receipt of proceeds from the recent placing," said Edenville Energy chief executive officer Rufus Short."We will continue to push forward with the northern area which, coupled with the recent plant improvements we have made, should enable us to increase production."Short said the company believed it was on track to become cashflow positive within the next 10 months, targeting an initial washed coal production of 6,000 tonnes per month, which the board considered to be a breakeven level, increasing to at least 10,000 tonnes per month thereafter."I look forward to providing further updates regarding progress at the project."
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11 Oct 2022 12:21
LONDON MARKET MIDDAY: Recession fear, wild bond market spook investors
(Alliance News) - Stock prices in were firmly in the red on Tuesday afternoon, with UK government bond market volatility among an ever-growing list of worries for investors.
Read more11 Oct 2022 11:45
Edenville Energy says upgrades to plant rectifying poor performance
(Alliance News) - Edenville Energy PLC on Tuesday said production has restarted at its Rukwa project following planned servicing and repairs on the main machinery and wash plant.
Read more29 Sep 2022 14:52
EARNINGS UPDATES: Volvere says interim performance below expectations
(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 more16 Aug 2022 15:26
Edenville signs deal with mine operator Brahma
(Sharecast News) - Edenville has signed an agreement with Brahma Energies, it announced on Tuesday, to secure production and sales of at least 4,000 tonnes of washed coal per month at its Rukwa Coal Project in Tanzania, potentially rising to at least 6,000 tonnes after two months.
Read more16 Aug 2022 11:53
Edenville unveils new Rukwa coal mining agreement, shares fall
(Alliance News) - Edenville Energy PLC on Tuesday announced a new coal mining agreement in Tanzania which will yield a "low" sales price for Rukwa coal versus international prices.
Read more3 Aug 2022 15:57
TRADING UPDATES: Ensilica expects annual profit ahead of expectations
(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 more27 Jul 2022 16:11
UK shareholder meetings calendar - next 7 days
| Thursday 28 July | |
| B&M European Value Retail SA | AGM |
| Braemar Shipping Services PLC | AGM |
| CMC Markets PLC | AGM |
| CMC Markets PLC | GM re proposed related party transaction |
| CYBA PLC | AGM |
| De La Rue PLC | AGM |
| discoverIE Group PLC | AGM |
| Eight Capital Partners PLC | AGM |
| Eurasia Mining PLC | AGM |
| GB Group PLC | AGM |
| Global Smaller Companies Trust PLC | AGM |
| Graft Polymer (UK) PLC | AGM |
| Ingenta PLC | AGM |
| Mediclinic International PLC | AGM |
| Octopus Renewables Infrastructure Trust PLC | GM re investing in offshore wind farms in core focus |
| Oxford Instruments PLC | AGM |
| RentGuarantor Holdings PLC | AGM |
| Tate & Lyle PLC | AGM |
| Ted Baker PLC | AGM |
| Friday 29 July | |
| Eneraqua Technologies PLC | AGM |
| Global Ports Holding PLC | GM re elections of Ajini and Iosifakis as directors |
| Palace Capital PLC | AGM |
| ProCook Group PLC | AGM |
| Record PLC | AGM |
| Rogue Baron PLC | AGM |
| Sirius Real Estate Ltd | AGM |
| Standard Chartered PLC | GM re approving HY announcement, interim dividend |
| Monday 1 August | |
| Cranswick PLC | AGM |
| Tuesday 2 August | |
| Caffyns PLC | AGM |
| Syncona Ltd | AGM |
| Tanfield Group PLC | AGM |
| Wednesday 3 August | |
| Block Energy PLC | AGM |
| Molten Ventures PLC | AGM |
| Cambium Global Timberland Ltd | GM re wind-up |
| John Wood Group PLC | GM re Built Environment sale |
| Sequoia Economic Infrastructure Income Fund Ltd | AGM |
| Edenville Energy PLC | AGM |
| RiverFort Global Opportunities PLC | AGM |
| Conduity Capital PLC | AGM |
| Scirocco Energy PLC | AGM |
| D4t4 Solutions PLC | AGM |
| Copyright 2022 Alliance News Limited. All Rights Reserved. | |
5 Jul 2022 10:23
IN BRIEF: Edenville hires Noel Lyons as new chief executive officer
Edenville Energy PLC - London-based developer of Tanzania's Brownfield Rukwa coalfields - Appoints Noel Lyons as new chief executive officer, as Alistair Muir has stepped down with immediate effect. Lyons says: "Given my ongoing operational experience in Africa I believe we are well positioned to optimise the proposed expansion of Rukwa, both in terms of production rates and sales. I look forward to providing shareholders with a more comprehensive update on this in the near future."
Read more30 Jun 2022 13:59
EARNINGS UPDATES: UK Oil & Gas and 7digital post widened losses
(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 more31 May 2022 14:20
IN BRIEF: Edenville cancels coal project contract with Nextgen
Edenville Energy PLC - London-based developer of Tanzania's Brownfield Rukwa coalfields - Resumes full control of Rukwa coal project in Tanzania, terminating its contract with Nextgen Coalmine Ltd. "All mining equipment has been brought back into service by the company, whilst an additional pre-strip excavator has been added to the fleet," firm explains. Edenville is sourcing three additional trucks to scale production. Targets monthly sales of 5,000 tonnes of washed coal from the end of the third quarter of 2022. As comparison, Edenville sold 610 tonnes of washed coal over the three months between February 1 and April 30. Aims to maximise cash returns, reiterating "the attractive pricing forecast over the coming years".
Read more31 May 2022 12:29
Edenville terminates mining deal with Nextgen at Rukwa
(Sharecast News) - Edenville Energy updated the market on the operation of its Rukwa coal project in Tanzania on Tuesday, announcing the termination of its coal mining agreement with Nextgen.
Read more18 May 2022 17:49
Edenville in talks with NextGen to vary Tanzanian mining contract
(Alliance News) - Edenville Energy PLC on Wednesday said it is in talks with NextGen Coalmine Ltd to vary the existing mining contract the companies have.
Read more4 May 2022 20:54
TRADING UPDATES: Residential Secure Income acquires 39 new homes
(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 more3 Feb 2022 22:31
TRADING UPDATES: Alliance Pharma to appeal; Braemar sales to rise
TRADING UPDATES: Alliance Pharma to appeal; Braemar sales to rise
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