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Thu, 27th Aug 2015
Bob Stein, chief executive of Kalibrate Technologies (LON:KLBT), says the supermarket sector is...
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Thu, 27th Aug 2015
Bob Stein, chief executive of Kalibrate Technologies (LON:KLBT), says the supermarket sector is an increasingly important part of the company's client roster after landing a deal with UK supermarket Morrisons (LON:MRW). This week the firm told investors it had inked a deal with the grocer to provide pricing and planning software to its 336 UK petrol stations.
Kalibrate keen for more supermarket forecourt wins after Morrisons deal
Thu, 27th Aug 2015
Tony Manini, chief executive of Asiamet Resources (LON:ARS), says recent drilling results at the firm’s flagship Beruang Kanan copper project in Central Kalimantan, Indonesia, are game changing for the company. Yesterday the firm told investors it had uncovered a high-grade copper zone at the site and, significantly, it’s very close to the surface which suggests less soil has to be removed to expose the ore. “When combined, a low strip ratio with high grades are game changing characteristics for any project,” says Manini.
Asiamet Resources chief: BKM drill results
Thu, 27th Aug 2015
Neville Upton, chief executive of AIM-listed Gfinity (LON:GFIN), sits down with Proactive Investors to discuss the company’s place in the growing eSports community. The firm, which is behind the UK’s first eSports arena, provides a hub for online competitors and spectators of popular electronic games such as League of Legends, FIFA 2015 and Call of Duty: Advanced Warfare.
Gaming group Gfinity cashing in on eSports craze
Thu, 27th Aug 2015
The chief executive of Russian gold miner Petropavlovsk (LON:POG), Pavel Maslovskiy, and chairman Peter Hambro, sit down with Proactive Investors to discuss the company’s first half performance and important next steps.
Petropavlovsk pair Hambro & Maslovskiy encouraged by first half progress
Wed, 26th Aug 2015
Terry Tucker, chief executive of TSX Venture-listed Tango Mining (CVE:TGV) says the updated resource estimate from its BK11 Botswana kimberlite diamond mine will form a critical piece of the operations economic model. The company revealed the inferred resource is 17.4mln tonnes (Mt), containing 780,820 carats, of which around 9.0 Mt averages 6.8 carats per hundred tonnes (cpht) for a total of 608,000 carats. Higher grade areas of 9.8 cpht have also been identified. The project is located in the southern African country’s Orapa District, one of the largest diamond producing areas in the world and home to Debswana’s Letlhakane and Damtshaa operations and Karowe, operated by Lucara Diamond Corp.
Tango Mining boss delighted with BK11 diamond estimate
Wed, 26th Aug 2015
Solo Oil (LON:SOLO) chairman Neil Ritson explains that the company, along with its partner Aminex (LON:AEX), is ‘ready’ to start producing gas from the Kiliwani North field onshore Tanzania. At Kiliwani North, signature of a gas sales agreement is expected shortly, with first gas anticipated in the third quarter of 2015. Fellow Tanzanian E&P player Wentworth (LON:WRL) has already confirmed first gas deliveries to the new transnational pipeline.
Solo Oil entering home straight at Kiliwani North says Ritson
Wed, 26th Aug 2015
Julian Treger, chief executive of Anglo Pacific Group (LON:APF), says the company has turned a corner after managing to weather a tough commodity price environment. “We haven’t been entirely immune to the weakness in commodity prices, but we’ve managed to turn a corner and are now moving in a different trajectory to the the struggling sector." The firm specialises in mining royalties and in particular royalties in base metals and bulk commodities. Today it told investors that royalty income has risen significantly in spite of commodity price weakness, with exposure to coking coal (used to make steel) and thermal coal (used for energy generation) offsetting weakness elsewhere.
Anglo Pacific “has turned a corner”, says CEO Treger
Tue, 25th Aug 2015
Cyril D’Silva, chief executive of Sierra Leone-focused diamond explorer Golden Saint Resources (LON:GSR), says technical consultants have been impressed by what they’ve seen on the ground at the firm’s sites so far. Alluvial specialists Rock Forage are leading the exploration programme and will soon release a report on their early findings from the Tongo, Baja and Moa licences. Speaking to Proactive, D’Silva also says Rock Forage looks to have found a way to continue operating all year around and avoid disruptions from the rainy season.
Golden Saint CEO: Rock Forage excited by what they’ve seen so far
Tue, 25th Aug 2015
Algy Cluff, chief executive of Cluff Natural Resources (LON:CLNR), has stressed the importance of underground coal gasification (UCG) for the UK and has urged the government to speed up the planning process. The UCG process attempts to reach reserves of coal which are can’t easily be mined, in Cluff’s case coal under the waters of the Forth estuary. It involves chemically converting the coal from a solid state into gas by pumping oxygen and steam through a small borehole into the coal seam. According to Cluff, the method arguably provides the solution to a UK energy shortfall set to worsen as coal fired power stations close down.
Algy Cluff: Coal-to-gas projects crucial for UK energy supply
Mon, 24th Aug 2015
Karl Smithson, chief executive of Stellar Diamonds (LON:STEL), discusses the potential upside at the firm’s Tongo kimberlite diamond project in Sierra Leone. The CEO spoke to Proactive after an independent study by Paradigm Project Management indicated that development of the Tongo 1 kimberlite dyke - by both surface and underground mining - could produce a total of 956,000 carats of diamonds over an 18 year mine life. Next steps for the business include securing an environmental licence and mining licence.
Stellar Diamonds boss on potential upside at Tongo project
Mon, 24th Aug 2015
John Peters, managing director of Strategic Minerals (LON:SML), says the firm’s local customer base should provide some shelter from the weaker price of coal. The commodity currently trades at multi-year lows due to a slowdown in global buying from the likes of India and China. However, Peters says the domestic market in New Zealand – where the firm’s Tatu project is located – should provide some protection and stable cash flow for the business. His comments come after the company told investors that it had entered contracts to produce a bulk sample from its Tatu project in New Zealand.
Strategic Minerals MD: domestic sales to shelter us from weaker coal price
Fri, 21st Aug 2015
Kieron Hodgson, commodities and mining analyst at Panmure Gordon offers his contrarian view on gold, which he believes maybe on the rise long-term after a 3.5% gain this week.
Panmure analyst Hodgson has brighter outlook for gold