On Friday, there were the second highest trading volumes in Plexus Holdings (LON: POS) shares since flotation in 2005. There were 13.57 million shares traded. The most significant trade was worth £11,200. The highest level of trading was one year ago. The share price jumped 155% on the week to 4.15p. China-based Hainan Mining is […]

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MobilityOne (LON: MBO) announced a joint venture with Super Apps Holdings to expand its eproducts and services business. The Malaysia-based ecommerce payments services provider is also selling its 60% stake in OneShop Retail to Super Apps for initial proceeds of £7.53m followed by £3.76m within 180 days of completion. The sale should be completed by […]

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Great Western Mining (LON: GWMO) is planning to set up a joint venture with an experienced Nevada mining contractor to process gold and silver from mining waste material. This will come from the company’s Mineral Jackpot and Olympic Gold properties, plus some sourced from the partner and third parties. An operating agreement is being negotiated. […]

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Shares in Tekmar Group (LON: TGP) recovered by 169.7% to 16.45p after the subsea cable protection services provider winning a wind farm project contract in Japan. The contract should be delivered in 2023. This was the first bit of good news since Tekmar announced a strategic review and possible sale of the business. Even though […]

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Peter Gyllenhammar has acquired a 3.12% stake in South America-focused power generator Rurelec (LON: RUR). The share price was unchanged when the holding was announced yesterday, but it has subsequently risen by 9.5% to 0.575p. Askar Alshinbayev, the founding partner of Meridian Capital Ltd, had previously acquired an 8.6% stake. Rurelec had a net asset […]

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BlueRock Diamonds (LON: BRD) has revealed a significantly increased resource at the Kareevlei diamond mine in South Africa. This means that the mine has at least ten years life even before additional exploration. There was a 49% increase in resource to 10.4 million net tonnes and a 53% increase in net carats to 516,200. The […]

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Shares at AIM-listed diamond producers BlueRock Diamonds (LON:BRD) have surged almost 7% after the company released an optimistic Q4 and FY production update, citing “strong results in a challenging year” as its processed tonnes increased by 25% year-on-year. Despite its mine being closed due to COVID-19 for a period of 50 days starting on 24 […]

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Things have not gone to plan this year for BlueRock Diamonds (LON: BRD) but it has used the mining shutdown to enhance the original strategy. Overheads will be spread over a much larger operation, enabling BlueRock to become cash generative. South African diamond miner BlueRock acquired a second, recently refurbished processing plant for £620,000 earlier […]

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After presenting at the UK Investor Magazine Summer Investor Evening, South African-focused diamond mining company Bluerock Diamonds PLC (LON: BRD) today announced an upgrade to the crushing circuit at the Kareevlei Diamond Mine. The Company told investors that the installation of a larger cone crusher had been completed, and further upgrades had been made to […]

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