Rainbow Rare Earths Share News (RBW)

LONDON BROKER RATINGS: Numis cuts discoverIE; UBS likes Virgin Money

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon:

LONDON BRIEFING: Dr Martens lifts payouts as interim profit dips

(Alliance News) - Stocks in London were called to open flat on what looks set to be a quiet Thursday, as investors digest a signal that the pace of US interest rate hikes may slow.

UK shareholder meetings calendar - next 7 days

Director dealings: Rainbow Rare Earths CEO linked to £43k purchase

(Sharecast News) - Shares in Rainbow Rare Earths were rising on Tuesday afternoon, after the company disclosed the purchase of more than 0.4 million shares linked to its chief executive officer.

IN BRIEF: Rainbow Rare Earth widens loss; expects need for fundraise

Rainbow Rare Earths Ltd - Guernsey-based mining company focused on South Africa and Burundi - In the financial year that ended June 30, records no revenue, compared to USD639,000 the year before. Pretax loss widens to USD4.0 million from USD2.7 million. Finishes the year with USD4.1 million in cash, compared to USD573,000 a year before, and has USD2.9 million as at September 30. Expects total cash outflow of USD4.7 million in the period to December 31, 2023. This will necessitate fundraising, Rainbow explains.

TRADING UPDATES: Goodbody Health wins deal; Tekcapital secures funds

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

IN BRIEF: Rainbow Rare Earths releases technical report for Phalaborwa

Rainbow Rare Earths Ltd - Guernsey-based mining company focused on South Africa and Burundi - Releases technical report on the processing flowsheet to extract rare earth elements for the Phalaborwa project in South Africa. Says a few key enhancements have been made, with the Phalaborwa preliminary economic assessment currently being finalised.

IN BRIEF: Rainbow Rare Earths enters deal for extraction of rare earth

Rainbow Rare Earths Ltd - Guernsey-based mining company focused on South Africa and Burundi - Enters into a master agreement with OCP SA and Mohammed VI Polytechnic University. The partners will investigate and develop a technique for the extraction of rare earth elements from phosphogypsum. Further, they intend to work together on the development of a pilot and industrial-scale extraction of rare earth from phosphogypsum, Rainbow says.

IN BRIEF: Rainbow Rare Earths joins European Raw Material Alliance

Rainbow Rare Earths Ltd - Guernsey-based mining company focused on South Africa and Burundi - Says it has become a member of European Raw Material Alliance. EMRA aims to ensure reliable, secure, and sustainable access to critical and strategic raw materials, with a focus on the rare earth magnet chain. It also aims to make Europe economically more resilient, by diversifying supply chains, promoting innovation, creating jobs, and attracting investment, Rainbow adds.

IN BRIEF: Rainbow Rare Earth develops extraction flowsheet

Rainbow Rare Earths Ltd - Guernsey-based mining company - Confirms successful development of rare earths extraction flowsheet from the phosphogypsum stacks at its Phalaborwa Project in South Africa. The process was developed in collaboration with K-Technologies Inc, following test work at ANSTO Minerals, Australia, and K-Tech's facilities in Florida.

TRADING UPDATES: Nanoco ups outlook; Seeing Machines wins deal

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

TRADING UPDATES: Portmeirion restores dividend; Empresaria in profit

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

TRADING UPDATES: Mattioli reaches record client assets in first half

TRADING UPDATES: Mattioli reaches record client assets in first half

SMALL-CAP WINNERS & LOSERS: Nuformix jumps as partner inks contract

SMALL-CAP WINNERS & LOSERS: Nuformix jumps as partner inks contract

TRADING UPDATES: Appreciate enjoys best quarter; Alpha FX upbeat

TRADING UPDATES: Appreciate enjoys best quarter; Alpha FX upbeat