Arkle Resources PLC’s (LON:ARK) Stonepark zinc project, near Limerick, has been boosted by an injection of funds from global mining major Glencore. The big-cap miner has invested just over C$1mln into Group Eleven, Arkle’s partner in Stonepark, with a share subscription giving it around 11.58% of the company.
BlueRock Diamonds PLC (LON:BRD) unearthed a record quantity of diamond ore at its Kareevlei mine in the third quarter, sending its share price up 7% to 136p.
Caledonia Mining Corporation PLC (LON:CMCL) says electricity supplies have improved in Zimbabwe in the past two months though it is installing additional diesel capacity to insulate the Blanket mine fully from any further grid outages.
TLOU Energy Limited’s (LON:TLOU) quarterly update highlighted “an excellent start” to flow testing at its Botswana CBM wells. The company, in a statement, told investors it is very encouraged by production data to date.
Diversified Gas & Oil PLC (LON:DGOC) has extended its definitive asset retirement agreement with the Commonwealth of Kentucky, adding a further five years to the term. The arrangement was first agreed in February with an initial five-year term and it will now run until 31 December 2028.
Futura Medical PLC (LON:FUM) will give two presentations on its DermaSys drug delivery technology and lead product MED2005, a fast-acting topical gel for the treatment of erectile dysfunction, at the Scientific Meeting of Sexual Medicine Society of North America next week in Nashville, Tennessee. The company will also host its third Scientific Advisory Meeting with high profile US key opinion leaders in the field of erectile dysfunction.
Summit Therapeutics PLC(LON:SUMM, NASDAQ:SMMT) chief executive Glyn Edwards will present at the 2019 BIO Investor Forum on 22 October in San Francisco.