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Pin to quick picksTertiary Minerals Share News (TYM)

Share Price Information for Tertiary Minerals (TYM)

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Share Price: 0.125
Bid: 0.12
Ask: 0.13
Change: 0.00 (0.00%)
Spread: 0.01 (8.333%)
Open: 0.125
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Resource round-up: Ind. Resources, Ormonde, Solo Oil ...

Mon, 18th Jun 2012 09:10

The Italy focused gas company, Independent Resources (IRG), said it is accelerating its strategy review after an earthquake struck the area where its Rivara underground gas storage project is situated. The group said that the whole concept of underground natural gas storage is now being called into question as a result of what IRG's Chairman, Grayson Nash called "irrational fears". The company declared a loss of £0.98m in the six months to the end of March, versus a loss of £0.47m the year before. The group had net cash of £1.65m at the end of March.Ormonde Mining rose on Monday after it reported encouraging progress at its El Facho gold structure at the Zamora Gold Project in Spain. The firm said it had established and defined a gold mineralised zone over a strike length of some 600m with the mineralisation remaining open both at depth and along strike. The project is a joint venture with Aurum Mining. Ormonde rose 3% following the news.Solo Oil fell 4.5% after it announced production at its oil wells in Western Ontario, Canada, would be delayed. The firm said production from the main Ausable oil production wells had been deferred by several weeks. But it added: "It is clear that all the commissioning issues are with surface equipment and that the wells will meet previously anticipated performance expectations".Shares were off slightly at Coal of Africa after it said negotiations were ongoing with Exxaro Coal over the latter taking a 30% in the Makhado Project in South Africa. "The parties have agreed to continue negotiations and the assessment process to finalise the valuation of the Makhado Project, and that the deadline for a formal decision regarding the exercise of Exxaro's right to a 30% equity participation in the Makhado Project shall now be 30 September 2012," the firm said. Coal of Africa's shares were down 2% in early trading.Tertiary Minerals said it had secured a £10m funding facility, pushing shares up 4.3% in early trading. The firm said that the deal with Darwin Strategic gave it a flexible source of funding which could be used entirely at the company's discretion. "As we look to a transition of our fluorspar projects from exploration to development it is important that we diversify the range of financial resources available to the company," it said.mm
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29 May 2024 20:46

TRADING UPDATES: Firering raises cash; CT Private Equity NAV down

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

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9 May 2024 16:19

Tertiary Minerals shares rise as Mupala project brief approved

(Alliance News) - Tertiary Minerals PLC on Thursday said that the environmental project brief for its Mupala copper project in Zambia has been approved.

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9 May 2024 13:23

Tertiary Minerals moves towards operations at Mupala

(Sharecast News) - Tertiary Minerals announced on Thursday that its Environmental Project Brief (EPB) for the Mupala Copper Project in Zambia had been approved, paving the way for mineral exploration activities to start.

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2 May 2024 16:11

TRADING UPDATES: Microsaic wins contract; Frontier inks Canadian deal

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

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2 May 2024 10:46

Tertiary Minerals upbeat on fresh Brunton Pass findings

(Sharecast News) - Tertiary Minerals announced optimistic findings from a recent geophysical survey at its Brunton Pass Copper-Gold Project in Nevada on Thursday.

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16 Apr 2024 21:57

EARNINGS AND TRADING: J Smart boosts revenue, Tertiary starts drilling

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

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9 Apr 2024 13:06

Tertiary Minerals up as Konkola deal in Zambia gets approval

(Alliance News) - Shares in Tertiary Minerals PLC rose on Tuesday, as the company's joint venture partner prepares for drilling at its Zambian copper project following the receipt of a regulatory approval.

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26 Feb 2024 14:08

Tertiary Minerals forms Zambian joint venture

(Sharecast News) - Tertiary Minerals announced the signing of a new joint venture agreement with local partner Mwashia Resources on Monday.

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26 Feb 2024 12:29

Tertiary Minerals inks new joint venture deal for Zambian licences

(Alliance News) - Tertiary Minerals PLC on Monday said it has signed a new joint venture deal with Zambia-based Mwashia Resources Ltd that will consolidate ownership of the Jacks, Mukai and Mushima North exploration licences into a new Zambian company.

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12 Feb 2024 14:28

Tertiary Minerals completes £0.38m fundraising

(Sharecast News) - Tertiary Minerals announced the successful completion of a fundraising on Monday, raising £0.38m before expenses to be used for its exploration activities.

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12 Feb 2024 09:54

Tertiary Minerals raises GBP375,000 through share placing

(Alliance News) - Tertiary Minerals PLC on Monday said that it has raised GBP375,000 through a placing in order to fund exploration activities at its various global projects.

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7 Feb 2024 15:46

UK shareholder meetings calendar - next 7 days

Thursday 8 February 
Benchmark Holdings PLCAGM
Compass Group PLCAGM
easyJet PLCAGM
Hargreave Hale AIM VCT PLCAGM
Polar Capital Global Healthcare Trust PLCAGM
Friday 9 February 
Kibo Energy PLCEGM re pre-emption rights for share issues
Victrex PLCAGM
Monday 12 February 
Arix Bioscience PLCGM re takeover by RTW Biotech Opportunities Ltd
JPMorgan UK Smaller Companies Investment Trust PLCGM re merger with JPMorgan UK Smaller Companies
Mears Group PLCGM re authority to buy back up to 10% of shares
Tuesday 13 February 
Cellular Goods PLCAGM
Iconic Labs PLCAGM
JPMorgan Indian Investment Trust PLCAGM
Tui AGAGM including London Stock Exchange delisting vote
Xtract Resources PLCGM re sale of Manica gold project to MMP
Wednesday 14 February 
GCP Infrastructure Investments LtdAGM
Gfinity PLCGM re annual report
Tertiary Minerals PLCAGM
Tritax EuroBox PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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6 Feb 2024 19:15

TRADING UPDATES: Smartspace extends deadline; EDX launches fundraising

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

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15 Jan 2024 11:41

IN BRIEF: Tertiary Minerals loss narrows as revenue climbs

Tertiary Minerals PLC - mineral exploration and development company focused on energy transition metals with projects in the US and Zambia - Pretax loss narrows to GBP541,341 in the financial year ended September 30, from GBP1.2 million a year prior. Revenue climbs 6.1% to GBP181,429 from GBP171,052. Further, costs regarding the impairment of deferred exploration expenditure narrows to GBP111,691 from GBP699,484. "Looking forward to 2024, we have drilling planned for Jacks, Mushima North and Mukai in Zambia although, given the interest we have had from other companies," Tertiary Minerals says. It adds: "That we were able to carry out significant field programmes in 2023 in extremely difficult market conditions is due in no small part to our dedicated teams in Zambia and the UK and our low-cost base."

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19 Dec 2023 17:01

LONDON MARKET CLOSE: Stocks close higher ahead of UK inflation data

(Alliance News) - Stock prices in Europe closed higher on Tuesday, after data confirmed that the eurozone is inching closer towards its 2% inflation targets.

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