Patagonia Gold Share News (PGD)

Digital media software designer ANT gained ground after German set-top-box maker Kathrein-Werke licensed the ANT Galio Platform to target the Hybrid Broadcast Broadband TV (HbbTV) market. HbbTV, launched in August 2009, combines broadcast TV and broadband TV to provide enhanced digital TV services to viewers. Turkey-focused gold miner Ariana Resources narrowed losses to £402,000 in 2009 from £604,000 the year before. "With the prospect of profitable gold production, we are on the threshold of the next exciting phase of our company's evolution," said chairman Michael Spriggs. Argentina focused explorer Patagonia Gold has raised £13m before expenses from a placing of 80m shares at 16p each. The money will be used to advance exploration and development projects in Patagonia, begin work on a trial heap leach operation at the Lomada de Leiva gold project and for general working capital.Non-executive deputy chairman Carlos Miguens has paid £660,000 for more than 4m new shares and managing director William Humphries £200,000 for an extra 1.25m.Gold miner Avocet lifted produced 44,877 ounces of the precious metal in the first three months of 2010, a 73% rise from the prior quarter, as it brought its Inata mine in Burkina Faso into production. Scotgold Resources, which is developing gold and silver assets in central Scotland, has upgraded its resource estimate for its Cononish project. The total inventory now stands at 163,000 ounces of gold and 596,000 ounces of silver.Shares in Geopark perked up on successful testing of two new wells - Aonikenk Sur 1 (new pool gas discovery) and Alakaluf 7 (new oil producer) in the Fell Block in Chile.The Aonikenk Sur 1 well was drilled and completed to a total depth of 2,348 metres. A production test in the Springhill formation flowed at a rate of approximately 11.3 million cubic feet per day (mmcfpd) (or 330,000 cubic metres per day) of gas with 207 barrels per day (bpd) condensate.The Alakaluf 7 well was drilled and completed to a total depth of 2,270 metres. A production test in the Springhill formation flowed at a rate of approximately 1,006 bpd of oil with no water.Consumer electronics group Harvard International expects a return to profitability in the financial year to March 2010. In the second half, sales from continuing operations reached £35m (2008/9: £22m) with unaudited operating profits of £1m from continuing operations (2008/9: loss £1.7m), bringing total full year sales to £77m (2008/9: £42m) and unaudited operating profits from continuing operations to £1.2m (2008/9: loss £1.7m). The market environment remains challenging and CE product categories have experienced weak demand in the first three months of calendar 2010.Shares in Cash Converters moved ahead after the Australian second hand retailer (with operations in the UK also) said it is on track to meet or improve on the previously announced full year net profit forecast of $20.5m to $21m.IRIS, the accountancy software firm, is to integrate Invu's document management products into the IRIS Practice Suite in the UK. Shares in Regen Therapeutics soared by more than a third on Tuesday morning after the company said that its Turkish licensee Eczacibasi has got the go-ahead to market ReGen's nutritional supplement Colostrinin in the Republic of Turkey.The decision triggers a $50,000 milestone payment to ReGen. Eczacibasi has placed an order with ReGen for a launch stock of blistered tablets for which ReGen will receive a fee for the active ingredient component.