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Anglo American PLC, Tharisa PLC, BlueRock Diamonds PLC …


 () said about US$380mln of rough diamonds were sold in De Beers Group’s fourth sales cycle of 2021, down about 16% from the preceding sale as a second wave of COVID-19 in India reduced rough diamond demand.

 (), an integrated platinum and chrome producer, expects its earnings per share for the six months to end-March to be around six times higher than the corresponding interim period. Basic earnings per share and headline earnings per share (HEPS) are expected to be between 21 US cents and 22 US cents per share,

BlueRock Diamonds PLC () said the expansion project at Kareevlei remains on track to be commissioned in July, with around 80% of the work completed. The expansion project at the mine, in the Kimberley region of South Africa, is expected to more than double the diamond producer’s annual revenue to around US$16mln while the company’s total unit cost is set to reduce significantly to around US$220 per carat

 () saw its full-year underlying profits jump around a third helped by higher gold production and prices, although costs also increased. Underlying EBITDA rose 32% to US$350.7mln (£249mln) as revenue soared 33% to US$988.5mln

 () has increased its production guidance to 195,000 ounces of gold for the twelve months ending June 30. It marks an upgrade from prior guidance of 190,000 and it comes amidst what the company described as a “robust operational performance, driven by a significant improvement in production from the Evander mine’s 8 Shaft pillar.

 () said it expects to raise about £2.5mln via a placing and will use most of the proceeds to create a permanent solution to the high water levels at its La Parrilla mine in Spain. The company is taking steps to lower the water level and regain access to the higher-grade ore at La Parrilla and significantly increase tungsten and tin production there.

Bacanora Lithium PLC () has updated investors on site activities at its Sonora lithium project in Mexico. In an operational update, the AIM-listed firm said it has rescued, removed and stored surface vegetation and topsoil in the area required for the construction of the lithium processing plant. This surface vegetation and topsoil is being stockpiled on the lease to be incorporated into the future project rehabilitation schedule.

Sunrise Resources PLC () said a test grind on a 500-ton bulk sample of natural pozzolan supplied to a large cement and ready-mix concrete company (CRMC) has been successfully completed.

 () lost £1.5mln in the year to 31 December 2020, as it continued to work up its Khemisset potash project in Morocco. Cash and cash equivalents at year end stood at £1.14mln.

 ()() has completed its previously announced placement of shares at C$0.30 per unit, raising just shy of C$8mln. Roland Phelps has retired with the chief executive’s role will be taken by Mario Stifano, an experienced mining executive.

European Metals Holdings Ltd (LON:EMH, ASX:EMH, NASDAQ:ERPNF) said results from locked-cycle tests (LCT) further supported the Cinovec project’s ability to initially produce battery-grade lithium carbonate. The locked-cycle tests were a metallurgical processing assessment conducted on ore concentrate extracted from the company’s flagship Cinovec lithium-tin project in the Czech Republic.

 () said drilling results from the Banu area of the Kiziltepe mine in Turkey confirmed the presence of higher-grade mineralisation at the south-eastern end of the vein system.

 () said it will increase its interest in the Hamersley Iron Ore Direct Shipping Ore (DSO) project, in the Pilbara region of Western Australia, to over 90%. The acquisition provides increased flexibility to fund the project via a joint venture, partial sale or spin off, it said.

 () posted record revenues in 2020 in spite of disruption to its operations in Azerbaijan from COVID-19 and an outbreak of fighting with Armenia. Revenues rose by 11% to US$102.1mln while profits before tax



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Anglo American PLC, Tharisa PLC, BlueRock Diamonds PLC …

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