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: 0.00 (0.00%)
Spread: 0.20 (6.25%)
Open: 3.30
High: 3.30
Low: 3.30
Prev. Close: 3.30
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
16 Sep 2019 09:34

Savannah Resources Raises GBP5 Million For Mina Do Barroso Development

(Alliance News) - Savannah Resources PLC on Monday said it has raised GBP5 million cash through a share placing, subscription, and investment from its major shareholder to complete the definitive

Read more
8 Aug 2019 11:50

Savannah Resources To Be Awarded Two New Mining Licences In Oman

LONDON (Alliance News) - Savannah Resources PLC is to be granted two mining licences over "high-grade" copper developments in Oman, it said on Thursday.Oman's Public Authority

Read more
26 Jun 2019 15:29

Savannah Resources expands in Portugal by exercising Aldeia option

(Sharecast News) - Savannah Resources announced on Wednesday that it was adding to its wholly-owned Mina do Barroso Lithium Project portfolio in northern Portugal, with the exercise of the Aldeia option to acquire the Aldeia Mining Lease application areas.

Read more
26 Jun 2019 14:23

Savannah Resources Buys Aldeia Blocks, Adding To Mina Do Barroso

(Alliance News) - Savannah Resources PLC said Wednesday it has added to its Mina do Barroso lithium project in northern Portugal by exercising an option to acquire a nearby mining lease.The

Read more
20 Jun 2019 11:37

Savannah Resources Buys Remaining Stake In Portuguese Lithium Project

(Alliance News) - Savannah Resources PLC on Thursday said it has acquired the remaining 25% stake in Portugal's Mina do Barroso lithium project in an all-share transaction.The deal 100%

Read more
31 May 2019 09:23

Savannah Resources Increases Mina Do Barroso Resource By 15%

LONDON (Alliance News) - Savannah Resources PLC sees room for further expansion of the mineral resource at Mina do Barroso, following a 15% upgrade, it said Friday.The new resource at the a

Read more
21 May 2019 11:23

Savannah Resources Annual Loss Widens As Develops Mina Do Barroso

LONDON (Alliance News) - Savannah Resources PLC on Tuesday reported a widened annual loss due to higher administrative expenses.For 2018, the resource development company posted pretax loss

Read more
14 May 2019 14:06

Savannah Resources Welcomes European Vehicle Battery Investment

LONDON (Alliance News) - Savannah Resources PLC on Tuesday welcomed a move by France and Germany to work on electric vehicle batteries.The two nations, Savannah said, have set up a battery

Read more
15 Apr 2019 15:30

Savannah Resources to acquire rest of Savannah Lithium

(Sharecast News) - Savannah Resources has entered into a term sheet to acquire the minority 25% shareholding in Savannah Lithium, it announced on Monday, which owns the Mina do Barroso Lithium Project in Portugal.

Read more
15 Apr 2019 12:24

Savannah Resources Takes Full Control Of Flagship Mina Do Barroso

LONDON (Alliance News) - Savannah Resources PLC on Monday said it has purchased all of the Mina do Barroso lithium project in Portugal is does not already own.Savannah is buying the 25% of

Read more
9 Apr 2019 13:50

Savannah Resources Achieves Another Resource Increase In Portugal

LONDON (Alliance News) - Lithium miner Savannah Resources PLC has increased the mineral resource at its Mina do Barroso project in Portugal by 17%.The resource now stands at 23.5 million of

Read more
11 Feb 2019 16:09

Savannah Resources reveals 'impressive' mineralisation at Portuguese lithium project

(Sharecast News) - Savannah Resources climbed on Monday after confirming the continuity of lithium mineralisation at its Mina do Barroso lithium project in Portugal.

Read more
11 Feb 2019 12:10

Savannah Resources Confirms Lithium Continuity At Portuguese Project

LONDON (Alliance News) - Savannah Resources PLC on Monday said further drilling has confirmed the continuity of lithium mineralisation at its Mina do Barroso lithium project in at the Pinheiro, at

Read more
29 Jan 2019 13:14

Savannah Resources Sees Excellent Test Results At Mina Do Barroso

LONDON (Alliance News) - Savannah Resources PLC said Tuesday further "excellent" test work results from its Mina do Barroso lithium project in Portugal is test work at the project 6.0% a

Read more
18 Dec 2018 16:26

Savannah begins working with Portuguese study partners

(Sharecast News) - Resource development company Savannah Resources announced on Tuesday that it was now working with the Laboratorio Nacional de Energia e Geologia (LNEG) and Faculty of Sciences from the University of Porto, and had concluded a preliminary mineralogy study and a first draft processing flowsheet for the treatment, recovery and concentration of spodumene from samples of Grandao and NOA deposits at the Mina do Barroso Project (MdB) in Portugal.

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.