The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGreatland Gold Share News (GGP)

Share Price Information for Greatland Gold (GGP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 7.45
Bid: 7.30
Ask: 7.60
Change: 0.01 (0.14%)
Spread: 0.30 (4.11%)
Open: 7.30
High: 7.80
Low: 7.33
Prev. Close: 7.32
GGP 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: GCP Infra hails NAV rise; Jadestone profits from oil

Fri, 03rd Feb 2023 15:17

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

----------

4D Pharma PLC - Leeds-based pharmaceutical firm - Gives update on signal finding study of MRx0518 in combination with anti-PD-1 therapy Keytruda on patients with solid tumours that have progressed on a prior immune checkpoint inhibitor. In March, the company noted four patients with renal cell carcinoma, which had experienced durable stable disease. Renal cell carcinoma is a cancer of cells in the lining of tubules in the kidney. On Thursday, 4d Pharma says one of the four patients is partially responding to the treatment with MRx0518 in combination with anti-PD-1 therapy Keytruda. "Despite recent setbacks in the microbiome field experienced by other companies and the limitations on patient recruitment as a result of the administration, we are delighted that patients continue to benefit from the trial treatment. We continue to build on the body of evidence for the future development of MRx0518 and 4D's approach to Live Biotherapeutics," says Alex Stevenson, chief scientific officer at 4D pharma.

----------

Darktrace PLC - Cambridge, England-based cybersecurity business - Chief Executive Officer Poppy Gustafsson buys 48,000 shares for GBP2.254 each, worth GBP108,192.

----------

GCP Infrastructure Investments Ltd - Jersey, UK-based investment fund focused on UK infrastructure projects - Net asset value as at December 31 rises 6.0% to 113.59 pence per share from 107.18p a year prior. Says company was exposed to diversified and partially inflation protected portfolio with of 48 investments, up from 47 a year prior, with a valuation of GBP1.1 billion, unchanged. Like a year ago, the company's portfolio has a weight-adjusted average annualised yield of 7.9%. Says that it made five investments in the quarter to December 31, totalling GBP54.6 million, up from three investments totalling GBP52.8 million a year earlier.

----------

Greatland Gold PLC - London-headquartered mining development and exploration company, focused primarily on precious and base metal mining in Western Australia and Tasmania - Identifies bismuth in Western Australia at Juri joint venture, of which it owns 49% and Newcrest Mining Ltd 51%. Bismuth is a gold-copper mineralisation pathfinder element. Intersects 4 metres at 0.4 grams of gold per tonne at Black Hills hole, and 6 metres at 0.2 grams of gold per tonne at Black Hills hole. Notes that exploration confirms merit of follow-up drilling. Greatland Gold Managing Director Shaun Day says: "We are strongly encouraged by the results of our second drilling campaign at the Juri joint venture. The importance of bismuth as a pathfinder in the Paterson region is particularly significant with geochemistry at Black Hills similar to what we have seen at Havieron."

----------

Henderson Opportunities Trust PLC - Invests in the Asia Pacific region - Net asset value per share at October 31 falls 28% to 1,173.7p from 1,626.9p a year prior. NAV total return is negative 26%, including dividends reinvested, underperforming against its benchmark, which posts a negative return of 2.8%. Declares annual 34.0p per share dividend, up 24% from 27.5p a year prior. Looking ahead, says it is able to grow "substantially" despite a wider backdrop, with Chair Wendy Colquhoun noting that "this portfolio should not be seen as a proxy for the UK economy."

----------

Jadestone Energy PLC - Asia Pacific-focused oil and gas company - Says 2022 production averages 11,487 barrels of oil equivalent per day, down 8.4% from 12,545 a year ago. Company realises average oil price of USD103.93 per barrel in 2022, jumping 40% from USD74.34 a year ago. Revenue of about USD421 million is up 24% from USD340 million in 2021. Expects lifting of 4.0 million barrels of oil, down 13% from 4.6 million in 2021. Expects lifting of gas to triple in 2022 to 1.8 million cubic feet from 600,000 in 2021. In 2022, capital expenditure was about USD87 million, below the guidance of USD90 million to USD105 million but 55% higher than USD56.0 million in 2021. Looking into 2023, CEO Paul Blakeley says: "We are engaged in several mergers & acquisitions processes at present, and I am optimistic that we will be successful in resuming our growth trajectory in 2023, while remaining very disciplined about the opportunities we pursue."

----------

Mineral & Financial Investments Ltd - Cayman Island-based investor in the natural resources sector - Notes that Redcorp Empreedimentos Mineiros Lda finds 3.9% copper equivalent at Venda Nova South Zone in south Portugal. In addition, Mineral & Financial Chief Executive Officer Jacques Vaillancourt says: "We are encouraged by the confirmation that South Zone also appears to hold copper dominated mineralization similar to what we are seeing at depth in the North Zone. Additional drilling in the future is expected to expand on these discoveries."

----------

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
30 Nov 2023 09:58

Greatland Gold hails confirmation of nickel prospectivity at Panorama

(Alliance News) - Greatland Gold PLC on Thursday confirmed nickel prospectivity at Panorama, following soil sampling at the site.

Read more
21 Nov 2023 15:08

EARNINGS AND TRADING UPDATES: Accsys narrows interim pretax loss

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

Read more
14 Nov 2023 12:48

Greatland starts drilling at Meadows gold prospect

(Sharecast News) - Greatland Gold announced the start of drilling activities at the Meadows gold prospect within the Ernest Giles Project on Tuesday, in an underexplored Archean greenstone belt in Western Australia's Yilgarn Craton.

Read more
14 Nov 2023 11:46

IN BRIEF: Greatland Gold starts diamond drilling at Meadows prospect

Greatland Gold PLC - Western Australia-focused exploration and development company - Commences diamond core drilling at "highly prospective" Meadows gold prospect within its Ernest Giles project in Western Australia's Yilgarn region. Says first two holes will test interpreted mineralised zones, with drilling co-funded by the state government's Exploration Incentive Scheme with a grant for up to AUD220,000 or GBP115,000. Drilling builds on previous work at Ernest Giles and "will provide important geological and structural information" for a systematic reverse circulation drill programme next year.

Read more
3 Nov 2023 11:16

Greatland completes inaugural drilling at Paterson South

(Sharecast News) - Greatland Gold has successfully concluded its inaugural drilling campaign at the Paterson South Project, it announced on Friday, operating under a farm-in and joint venture agreement with Rio Tinto Exploration.

Read more
3 Nov 2023 10:17

IN BRIEF: Greatland says phase one drilling finished at Paterson South

Greatland Gold PLC - Western Australia-focused exploration and development company - Says phase one of drilling campaign at Paterson South in Western Australia has been completed. Under a farm-in and joint-venture deal announced in May, Greatland Gold is entitled to a 75% interest in Rio Tinto Exploration Pty Ltd's 100% owned Paterson South project. Says drilling "effectively tested" the magnetic source of the Stingray and Decka targets, with assay results showing "moderately anomalous" gold and copper in various intervals.

Read more
27 Oct 2023 12:35

Starvest proposes cancelling shares and distributing assets

(Alliance News) - AIM-listed Starvest PLC on Friday proposed cancelling its London listing, frustrated by its shares trading at a "substantial discount".

Read more
24 Oct 2023 17:12

Greatland Gold to pause development at Havieron to allow further tests

(Alliance News) - Shares in Greatland Gold PLC on Tuesday eased as it announced it would need to pause development at Havieron to allow further hydrological drilling, data collection and evaluation will be completed.

Read more
24 Oct 2023 10:25

Greatland Gold reports further progress at Havieron

(Sharecast News) - Greatland Gold updated the market on its Havieron gold-copper project in Western Australia's Paterson province on Tuesday, reporting that as of 8 October, the decline development had reached a depth exceeding 2,030 metres, with 770 metres remaining before reaching the base of the Permian cover and the top of the Havieron orebody.

Read more
17 Oct 2023 12:26

IN BRIEF: Progress continues at Greatland Gold's Havieron project

Greatland Gold PLC - Western Australia-focused exploration and development company - Says progress continues at its Havieron gold-copper project in Western Australia, with total decline development to date now exceeding 2,820 metres as at October 8. As a result, development is now approaching the lower and final aquifer at the base of the Permian cover at Havieron.

Read more
2 Oct 2023 19:41

IN BRIEF: Greatland Gold non-exec Alex Borelli sells 10 million shares

Greatland Gold PLC - Western Australia-focused exploration and development company - Non-executive Director Alex Borrelli sells 10.0 million shares for 6.35 pence each on Sunday. Worth total GBP635,000.

Read more
21 Sep 2023 21:13

IN BRIEF: Greatland Gold enters into deal with Wakamurru Aboriginal

Greatland Gold PLC - Western Australia-focused exploration and development company - Signs land access & mineral explorations agreement with Wakamurru Aboriginal Corp RNTBC, acting on behalf of the Manta Rirrtinya Native title holders. The agreement is for tenement areas within the company's Ernest Giles project on the Manta Rirrtinya exclusive native title determination area in Western Australia. Greatland Managing Director Shaun Day says the agreement "sets in place a mechanism for the Manta Rirrtinya people to benefit from exploration by Greatland on their country. I would like to thank the Wakamurru board for their efforts in bringing this agreement to fruition and look forward to building a strong relationship based on mutual respect and cooperation."

Read more
20 Sep 2023 10:33

Wishbone Gold says drill rig now at Red Setter in Western Australia

(Alliance News) - Wishbone Gold PLC on Wednesday said that the drill rig and support trucks operated by Strike Drilling have arrived at the Red Setter project in the Paterson Range of Western Australia.

Read more
20 Sep 2023 09:17

Greatland inks land access deal with Manta Rirrtinya native title holders

(Sharecast News) - Greatland Gold has entered into a land access and mineral exploration agreement with the Wakamurru Aboriginal Corporation RNTBC, it announced on Tuesday.

Read more
15 Sep 2023 12:48

Greatland Gold applies for more Pilbara exploration licences

(Sharecast News) - Greatland Gold announced moves to secure new exploration territories in the Gascoyne on Friday, specifically at Yannarie to the south of the Pilbara.

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.