Rockfire loss narrows as expects drilling to advance in second half

(Alliance News) - Rockfire Resources PLC on Monday said it expects to be at the forefront of the critical mineral supply chain for Europe, as it posted a narrowed half-year loss.

The London-based base metal, critical mineral and precious metal miner said pretax loss was GBP536,087 in the six months to June 30, narrowed from GBP887,572 a year prior.

"Drilling planned for the second half of 2025 is expected to see the resource category increase from Inferred to Indicated, in readiness for scoping and pre-feasibility studies. One of the outcomes from this next phase of drilling is also to establish a maiden JORC resource for germanium. This will be the only Joint Ore Resource Committee [JORC] resource of germanium in Europe, placing Rockfire at the forefront of the critical mineral supply chain for Europe," the company said.

Rockfire Resources shares were 0.4% lower at 0.25 pence each on Monday afternoon in London.

By Tom Budszus, Alliance News slot editor

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