Marula Mining has commenced the Phase 1 exploration programme at its Nyorinyori and NyoriGreen graphite projects in Tanzania, led by geological consultants Geofields. The work will focus on high-grade and jumbo flake graphite mineralisation, with results expected in Q1 2024, contributing to the broader development plans for the projects.
MindGym's H1 FY24 revenue declined to £20.9m from £26.8m in H1 FY23 due to US market challenges, offset by resilient £9.8m revenues in EMEA. With stable digital revenue and a strategic cost reduction plan, they anticipate a strong H2 FY24 return to profitability.
DeepTech Recycling, backed by NetScientific, secures a £1 million investment led by EMV Capital for its innovative plastic recycling technology. The funding will accelerate the development of its patented platform, addressing environmental challenges and supporting a circular economy for plastics.
Agronomics has secured a US$25 million USDA loan guarantee for Liberation Labs' biomanufacturing facility, set to alleviate the industry's fermentation capacity shortage and enable cost-efficient production of novel bio-based proteins by Q1 2025
ZOO Digital released unaudited interim results for the 6 months to September 30, revealing a 58% decrease in revenues due to Hollywood strikes. The media company expects a phased recovery in Q3 and Q4, followed by a significant increase in sales and return to profitability in FY25.
DXS International has secured a £409k grant from Innovate UK, in collaboration with Health Innovation East, to advance its AI medicines optimisation prescribing solution, ExpertCare. The grant will support an 18-month R&D project, focusing on a real-world evaluation of ExpertCare's utility in clinical environments.
BiVictriX Therapeutics has finalised BVX002's sequences targeting ovarian cancer, displaying potent efficacy against cancer cells. The data suggests its potential to address unmet medical needs in various solid tumor indications, especially high-grade serous ovarian cancer, indicating substantial commercial promise.
Empire Metals reports highest-grade drilling results to date, confirming thick, high-grade titanium mineralisation zones at its Pitfield Project in Western Australia, positioning it as a global titanium discovery. Ongoing drilling campaigns aim to explore additional high-grade targets. EEE shares jumped 32% on the news.
88 Energy, an ASX and AIM-listed company, has successfully raised A$9.9m (£5.3m) to support the upcoming flow testing of its Hickory-1 well in Alaska, initial exploration activities in Namibia's Owambo Basin, and provide additional working capital, ensuring the company remains well-funded for the next 12 months.
88 Energy, an ASX and AIM-listed company, announces a A$9.9m (£5.3m) placing to support the upcoming flow testing of its Hickory-1 well in Alaska, initial exploration activities in Namibia's Owambo Basin, and provide additional working capital, ensuring the company remains well-funded for the next 12 months.
Essentially, the UAE-based provider of healthy snacks and beverages, has been chosen as a juice supplier for the UN Climate Change Conference (COP28) in Dubai. The company's sustainable practices and substantial growth in the UAE, including a transition to biodegradable bottles, secured the prestigious contract, promising significant exposure during the 2-week event.
Atlantic Lithium has reported multiple broad intervals of visible spodumene in drilling outside the current resource footprint at its flagship Ewoyaa lithium project in Ghana. The observed high-grade intercepts increase the potential for a resource upgrade, with the completion of the enhanced drilling program targeted for Q2 2024.
Metals One announces a licence extension and the commencement of drilling at its flagship Black Schist project in Finland. The extension enables prospecting until Nov 2026, with a diamond drilling initiative focused on confirming and expanding the Ni-Cu-Co-Zn mineralisation potential, complemented by 6 new licence applications for further exploration in the project areas.