Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSolGold Share News (SOLG)

Share Price Information for SolGold (SOLG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 9.20
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.11 (1.209%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 9.20
SOLG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK TRADING UPDATE SUMMARY: NHS Uses Induction Healthcare's Mobile App

Thu, 16th Apr 2020 14:57

(Alliance News) - The following is a round-up of updates by London-listed companies on the impact of the Covid-19 pandemic, issued on Thursday and late Wednesday and not separately reported by Alliance News:

----------

Induction Healthcare Group PLC - healthcare technology - Says majority of doctors in UK National Health Service using Induction healthcare information mobile application. Says demand for company's tools have increased as a result of Covid-19 outbreak.

----------

N4 Pharma PLC - pharmaceuticals - Receives Covid-19 plasmid DNA from National Institute for Health in US. Researching whether Nuvec medication can produce Covid-19 antibodies.

----------

Target Healthcare REIT PLC - healthcare property investor - Received rent collection for March quarter in line with usual collection patterns. Says confirmed Covid-19 cases affecting fewer than 5% of beds in its portfolio.

----------

Two Shields Investments PLC - investor - Portfolio company BrandShield warns of increase in phishing scams during the pandemic. Warns that illicit scams target users of streaming services, 639 new domain names with the word Netflix were registered since beginning of 2020.

----------

Morses Club PLC - lender - Launches remote lending product. Says 33% of collections transferred from face-to-face to remote over past three weeks.

----------

Charles Stanley Group PLC - wealth manager - Funds under management down 20% to GBP20.2 billion in three months to March from GBP25.3 billion in December amid market volatility.

----------

Management Consulting Group PLC - consultants - Says 2020 started promisingly but trading began to suffer in Asia in February due to pandemic. Disruption spread to other regions in March. Targeting, unconnected to Covid-19, GBP4 million in annual cost savings.

----------

Dillistone Group PLC - recruitment software - Had "strong" start to 2020 prior to Covid-19 impact. Says demand suffered due to pandemic. Says no full-year guidance and delays annual results, initially penned to be reported on April 27.

----------

Gaming Realms PLC - mobile games - Delays full-year results that were initially planned for this week. Audit yet to be completed due to Covid-19 disruption.

----------

Sportech PLC - gambling software - Delays annual general meeting due to Covid-19. AGM to be held before end of June, but not on May 20 as initially planned. Chair and chief executive officer take 50% pay cuts, salary freeze implemented, and "significant" number of staff furloughed.

----------

Escape Hunt PLC - escape room experiences - Has furloughed 124 staff and expects VAT and other tax deferrals. Says some landlords have allowed for rent payments to be deferred and senior staff have taken 25% pay cut. Company's monthly cash costs slashed by 70%.

----------

Revolution Bars Group PLC - bar operator - Increases Natwest revolving credit facility to GBP30.0 million until August 31.

----------

Hornby PLC - toys and hobby products - Benefiting from government support schemes in markets where it operates. Says full-year revenue and gross margin ahead of year prior but no financial guidance of Covid-19 impact due to uncertainty.

----------

Walker Greenbank PLC - interior furnishings - Closed factories in UK as well as showrooms elsewhere in New York and Paris. Accessing government support schemes "wherever possible". Vast majority of employees furloughed and management team take 20% salary reduction.

----------

Haydale Graphene Industries PLC - advanced materials - Still assessing full impact of virus but notes falling demand for silicon carbide blanks. Taking advantage of US and UK government support schemes.

----------

Woodbois Ltd - forestry and timber - Says first quarter revenue up 10% year-on-year amid no Covid-19 demand hit until end of quarter. Factories in Gabon closed due to lockdown.

----------

DX Group PLC - freight and delivery - Says delivery activity down by 33% immediately after UK government lockdown. Furloughs some employees and has cut spending.

----------

Volex PLC - power products - Sales for the year ended April 5 up 5.4% to USD392 million from USD372 million. Expects future trading to be hit by government containment measures due to Covid-19.

----------

Proton Motor Power Systems PLC - fuel cell technology - No case of Covid-19 at factories. Protective measures in place at Puchheim, Munich unit.

----------

Amedeo Air Four Plus Ltd - aircraft leasing - Customer Emirates seeking financial accommodation. Amedeo asks asset manager to continue talks with the airline and its lending banks.

----------

TP Group PLC - engineering services - To build gas production equipment in response to Covid-19. Says equipment will be able to produce medical gases.

----------

Kodal Minerals PLC - exploration and development - Granted renewal of exploration permits at Dabakala and Korhogo gold projects in Cote d'Ivoire. Notes planned activity at joint-venture projects with Resolute Mining Ltd postponed due to virus.

----------

SolGold PLC - gold and copper miner - Receives expressions of interest for potential concentrate offtake at Alapala project, Ecuador. Says 10 received and more expected when Covid-19 restrcitions lifted.

----------

Hummingbird Resources PLC - gold miner - No material production hit from Covid-19 but risk mitigation measures in place. First quarter production down 11% quarter-on-quarter to 30,282 ounces of gold poured.

----------

Capital Drilling Ltd - mining services - Says mining operations continue uninterrupted despite Covid-19 uncertainty. Supply chain movement mainly land and sea based so largely unaffected by travel curbs. First-quarter revenue rises 20% to USD32.5 million.

----------

Base Resources Ltd - mineral explorers - Says operations at Kwale, Kenya continued uninterrupted so full-year guidance maintained. In quarter-ended March, ilmenite production up 20% year-on-year, rutile up 17% and zircon rises 32%.

----------

Reabold Resources PLC - oil project investor - Drilling at IMIC-2 well in 50%-owned Danube project, Romania delayed due to Covid-19 border closures. Reports commencement of activity at West Newton B site onshore UK.

----------

Tlou Energy Ltd - gas and solar projects - Says cost reductions in place to counter Covid-19 impact. Notes state of national emergency declared in Botswana.

----------

Great Western Mining Corp PLC - explorer - Application for surface disturbance works at Nevada acreage accepted in "timely manner" despite Covid-19 outbreak.

----------

Anglo Asian Mining PLC - gold, silver and copper producer - Reports 10% first quarter fall in gold equivalent production to 18,219 ounces. Says first quarter in line with guidance despite Covid-19 outbreak.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
4 Jun 2020 18:48

SolGold Seeks To Raise USD29 Million Through Equity Issue

SolGold Seeks To Raise USD29 Million Through Equity Issue

Read more
11 May 2020 11:08

BHP-backed SolGold agrees funding of up to $150 mln from Franco-Nevada

LONDON, May 11 (Reuters) - BHP-backed SolGold Plc, the copper-gold company focused on Ecuador, has agreed a financing package of up to $150 million with streaming company Franco-Nevada Corp to develop its Alpala project, sending its shares up by ...

Read more
16 Apr 2020 16:13

SolGold makes progress with Alpala offtake plans

(Sharecast News) - SolGold updated the market on expressions of interest it had received from leading commodity traders for the offtake of copper-gold-silver concentrate from its flagship Alpala project in Ecuador on Thursday.

Read more
25 Mar 2020 11:51

UK TRADING UPDATE SUMMARY: IG Design And Others Warn Of Covid-19 Hits

UK TRADING UPDATE SUMMARY: IG Design And Others Warn Of Covid-19 Hits

Read more
11 Mar 2020 14:29

SolGold Continues Work On Feasibility Studies For Alpala Prospect

SolGold Continues Work On Feasibility Studies For Alpala Prospect

Read more
24 Feb 2020 11:49

SolGold Backs Ecuador After Court Rejects Move To Halt Mining

SolGold Backs Ecuador After Court Rejects Move To Halt Mining

Read more
22 Feb 2020 21:20

Ecuadorean court denies public vote on halting mining projects

QUITO, Feb 22 (Reuters) - Ecuador's Constitutional Court late on Friday denied for a second time a request by activists to hold a public vote on whether to ban mining in the Andean country's mineral-rich Azuay province, where several mining proje...

Read more
14 Feb 2020 09:21

SolGold Exploring Funding Options To Keep Progressing Projects

SolGold Exploring Funding Options To Keep Progressing Projects

Read more
13 Feb 2020 12:29

SolGold Discovers Potential "Sleeping Giant" At Copper - Gold Deposit

SolGold Discovers Potential "Sleeping Giant" At Copper - Gold Deposit

Read more
12 Feb 2020 09:49

SolGold reports latest on exploration at Timbara

(Sharecast News) - SolGold updated the market on exploration at its wholly-owned Timbara Project in southern Ecuador on Wednesday, which is held by its 100%-owned subsidiary Green Rock Resources.

Read more
12 Feb 2020 09:45

High Grade Gold, Base Metal Samples Found At SolGold's Timbara Project

High Grade Gold, Base Metal Samples Found At SolGold's Timbara Project

Read more
7 Feb 2020 16:19

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
16 Jan 2020 08:35

UPDATE 1-Ecuador exports first copper concentrate from Chinese-owned Mirador mine

* First 22,000 tonne cargo left South America earlier this month* Chinese smelter Tongling Nonferrous to take delivery in late Feb (Adds comment from Tongling Nonferrous in paragraphs 5 and 6)QUITO, Jan 16 (Reuters) - Ecuador made its first export...

Read more
15 Jan 2020 21:47

Ecuador sends first export of copper concentrate from Chinese-owned Mirador mine

QUITO, Jan 15 (Reuters) - Ecuador made its first export of 22,000 tons of copper concentrate from the Chinese-owned Mirador mining project, marking a new milestone in market-friendly President Lenin Moreno's effort to develop the country's large-...

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.