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 picksSavannah Resources Share News (SAV)

Share Price Information for Savannah Resources (SAV)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.30
Bid: 3.20
Ask: 3.40
Change: 0.10 (3.13%)
Spread: 0.20 (6.25%)
Open: 3.30
High: 3.40
Low: 3.30
Prev. Close: 3.20
SAV 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: Powerhouse Energy hails lease for forthcoming centre

Fri, 17th Mar 2023 20:15

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

----------

Goldplat PLC - South Africa and Ghana-focused mining services company - Says electricity cuts in South Africa reported in February have continued into its third financial quarter, to reduce the load on the network by the country's electricity provider. "We however lost additional hours in March 2023, due to problems on the transmission lines to the operations. This, together with continued electricity cuts, has resulted in hours lost during Q3 to date already being 43% higher than what was experienced during Q2," Goldplat explains. It added that it is engaging with the municipality to gauge how to reduce the impact on its operations and to increase productivity during times of available electricity. Goldplat still expects to meet current market expectations for the current financial year.

----------

Greatland Gold PLC - London-based development and exploration company, specialising in one-tier gold and copper deposits in Australia - Hails "significant progress" at Havieron, a gold-copper project in Paterson province of Western Australia. Finds 3.9 grammes of gold per tonne at Northern Breccia, and 2.1 grammes of gold per tonne at Eastern Breccia. Managing Director Shaun Day says: "Our most recent drilling activities highlight the potential of high grade mineralisation outside the Southeast Crescent which could add significant value to the mine plan at Havieron with additional gold and copper mineralisation intersected at the Northern and Eastern Breccia zones."

----------

Gresham House Renewable Energy VCT 1 PLC and Gresham House Renewable Energy VCT 2 PLC - Enters into exclusivity with a party regarding the sale of solar assets, which the firms anticipate to complete in the coming weeks. Meanwhile on Friday, the companies say the annual general meeting planned for Tuesday will be delayed to April "due to a technical error in connection with the service of notice of the AGM on those shareholders who have opted for electronic communications."

----------

Haydale Graphene Industries PLC - Ammanford, Wales-based global technology solutions firm - announces deal with City Energy Network Ltd and Plumbase Ltd to develop graphene underfloor heating. Haydale says that ink heater technology applied to clothing has been applied in an initial prototype for domestic graphene underfloor heating "with the potential to replace gas central heating and link into other energy efficient technologies." Haydale Chief Executive Officer Keith Broadbent says: "Haydale has been working closely with City Energy to look at new technologies aimed at net zero. I am pleased we can now announce that together we are taking our graphene underfloor heating to the next stage and with Plumbase supporting there is a potential to distribute the technology when it is market ready as an energy efficient heating solution for domestic and commercial properties."

----------

HSBC Holdings PLC - London-based bank - Issues EUR135 million 4.816% fixed rate notes due 2040 under debt issuance programme.

----------

Jadestone Energy PLC - Asia Pacific-focused oil and gas company - Completes topsides maintenance programme at Montara project offshore Australia. Says it is progressing production restart activities.

----------

Mission Group PLC - Devon, England-based owner of a group of digital marketing and communications agencies - Launches Turbine, a UK-based integrated growth media agency "specialising in owned, earned and paid media for consumer facing brands." Says Turbine provides one-stop shop for creating customer experiences using data insight and technology to optimise media impact in an evolving digital environment. Chief Executive Officer James Clifton says: "The launch of Turbine is Mission's answer to a growing demand for an effective solution to the challenges of multi-channel digital marketing, adding yet another specialist service to our centralised capability for Mission agencies to draw on."

----------

Pembridge Resources PLC - UK mining company with investments in British Columbia - Notes that Minto Metals Corp will for at least two years stop shipping copper concentrate through the port of Skagway in Alaska, US. "Despite Minto's best efforts to reach a mutually beneficial agreement, the town of Skagway recently came to a decision to shift the focus of its port towards cruise ships and tourism," Pembridge explains. Minto is exploring other options, such as the port at Stewart in British Columbia, Canada, and expects a new arrangement to be in place by July 2023.

----------

Powerhouse Energy Group PLC - Bingley, England-based hydrogen-from-waste-plastic producer - Enters 10 year lease for a building to house the forthcoming Powerhouse Technology Centre, with a rental cost of GBP46,000 per year. The centre, which will cost Powerhouse around GBP2 million to fit out, will be in Bridgend, between Cardiff and Swansea in Wales. It will be a "first step forward in establishing Powerhouse's new centre for technical development and research & development. A feedstock testing unit - much closer in design to the commercial thermal conversion chamber than the current demonstrator - is currently being manufactured and will be installed at Bridgend once the building has been made suitable for our use," says Acting Chief Executive Officer Keith Riley. He adds that the centre "will serve as a main office for the company close to Engsolve Ltd, where most of our engineering work is carried out, consolidating the company's business." Engsolve is a Bridgend-based engineering solutions company.

----------

Savannah Resources PLC - Europe-focused lithium development company - Submits revised environmental report and plan for Barroso lithium project in Portugal, to Portugal's environmental regulator, Agencia Portuguesa do Ambiente. Chief Executive Officer Dale Ferguson says: "Today marks a major milestone for Savannah and I expect the months ahead to be a defining period for the company and Portugal as we play our part in the development of an end-to-end lithium value chain in Portugal and Europe."

----------

By Tom Budszus, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
1 Dec 2020 14:29

UK DIRECTOR DEALINGS SUMMARY: Oxford BioMedica Non-Exec And Wife Sell

UK DIRECTOR DEALINGS SUMMARY: Oxford BioMedica Non-Exec And Wife Sell

Read more
26 Nov 2020 18:00

UK TRADING UPDATE SUMMARY: Chesterfield Lands Polymetal Investment

UK TRADING UPDATE SUMMARY: Chesterfield Lands Polymetal Investment

Read more
26 Nov 2020 12:41

Savannah progresses next phase of permitting for Mina do Barroso

(Sharecast News) - Savannah Resources said on Thursday that, as part of the next stage in the environmental impact assessment process for its wholly-owned Mina do Barroso lithium project, it has successfully submitted additional and revised information in response to the expected request it received from the Portuguese regulatory authority, Agência Portuguesa do Ambiente (APA).

Read more
28 Oct 2020 14:31

IN BRIEF: Savannah Resources Loss Widens Despite Administrative Cuts

IN BRIEF: Savannah Resources Loss Widens Despite Administrative Cuts

Read more
14 Oct 2020 22:08

IN BRIEF: Savannah Resources Appoints Farview Solutions As Adviser

IN BRIEF: Savannah Resources Appoints Farview Solutions As Adviser

Read more
14 Oct 2020 12:58

Savannah Resources appoints strategic advisor for Mutamba project

(Sharecast News) - Savannah Resources announced the appointment of Farview Solutions as its strategic adviser on Wednesday, to help guide the development path for the Mutamba Mineral Sands Project in Mozambique and recommend associated strategic opportunities.

Read more
30 Sep 2020 21:13

UK EARNINGS SUMMARY: Gama Aviation Interim Loss Widens As Revenue Down

UK EARNINGS SUMMARY: Gama Aviation Interim Loss Widens As Revenue Down

Read more
8 Sep 2020 20:20

IN BRIEF: Savannah Resources Raises GBP2.3 Million Via Placing

IN BRIEF: Savannah Resources Raises GBP2.3 Million Via Placing

Read more
8 Sep 2020 15:22

Savannah Resources raises ?2.3m to progress lithium, mineral sands projects

(Sharecast News) - Resource development company Savannah Resources announced a fundraise of £2.3m on Tuesday, to supplement its existing working capital to advance its lithium project in Portugal and Mozambique mineral sands venture.

Read more
1 Sep 2020 21:48

IN BRIEF: Savannah Resources To Sell Its Copper Assets In Oman

IN BRIEF: Savannah Resources To Sell Its Copper Assets In Oman

Read more
16 Jul 2020 13:57

UK TRADING UPDATE SUMMARY: LoopUp Set To Beat Expectations For 2020

UK TRADING UPDATE SUMMARY: LoopUp Set To Beat Expectations For 2020

Read more
1 Jun 2020 15:54

UK TRADING UPDATE SUMMARY: Feedback And Tissue Regenix Secure CE Marks

UK TRADING UPDATE SUMMARY: Feedback And Tissue Regenix Secure CE Marks

Read more
31 Mar 2020 16:48

Savannah Resources taking closes offices, suspends field activities

(Sharecast News) - Savannah Resources updated the market on its recent and future activities in relation to the current Covid-19 coronavirus pandemic on Tuesday, reporting that it had taken a number of actions across its operations in response.

Read more
31 Mar 2020 12:21

UK TRADING UPDATE SUMMARY: Synairgen Starts Covid-19 Treatment Trial

UK TRADING UPDATE SUMMARY: Synairgen Starts Covid-19 Treatment Trial

Read more
18 Mar 2020 14:51

Administrative Expense Deepens Savannah Resources Annual Loss

Administrative Expense Deepens Savannah Resources Annual Loss

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.