#SVML Sovereign Metals Limited – Successful Rehabilitation Trials

KEY HIGHLIGHTS ·    Critical DFS workstream de-risked – Mine Closure and Rehabilitation Plan based on empirical field data from Sovereign’s successful pilot mining and rehabilitation trial. ·    Second year of rehabilitation trials near completion – Extended programme builds on proven first-year results and demonstrates that land can be rehabilitated post mining, with refined rehabilitation methods improving crop yields by 520% over […]

#SVML Sovereign Metals LTD – September 2024 Quarterly Report

SEPTEMBER 2024 QUARTERLY REPORT Sovereign Metals Limited (ASX:SVM, AIM:SVML, OTCQX:SVMLF) (Sovereign or the Company) is pleased to provide its quarterly report for the period ended 30 September 2024. HIGHLIGHTS DURING AND SUBSEQUENT TO THE QUARTER Rio Tinto Invests Additional A$19m Increasing Shareholding to 19.9% ·    In July 2024, Rio Tinto invested a further A$18.5 million […]

#KDNC – Supply Disruptions Raise Morningstar Near-Term Iron Ore Price Forecasts

A STOCK STRATEGIST INDUSTRY REPORTS by Mathew Hodge Near-term tightness in the iron ore market has persisted and intensified, with several developments in Brazil further restricting  Vale’s (VALE)supply and Cyclone Veronica off Australia interrupting Pilbara shipments. We’ve factored in a reduction of another 20 million tonnes in Vale’s output in 2019 and 10 million tonnes in 2020. […]

Corporate news review Friday 1st September 2017

Flybe Group FLYB announces the start of its alliance with Eastern Airways (UK) Ltd. The two have signed a joint revenue and risk sharing agreement, covering four Eastern aircraft, to fly existing Flybe branded routes from Aberdeen, Edinburgh, Glasgow and Manchester. These flights start today, and will significantly enhance connectivity in Scotland. Ramsdens Holdings RFX […]

Rio Tinto Slashes Final Dividend.

Rio Tinto RT claims, after slashing its final dividend by 21% that at least its balance sheet is robust and that it enters 2017 in good shape. Basic earnings per share moved from 2015’s loss of 47.5 cents per share to a positive 256.9 cents. Consolidated sales revenue for the year fell by $1billion to […]

Only Miners Buy Mining Machinery – Are Boom Times Returning

On Wednesday, after a one day leap of 4%, iron ore rose to a 10 month high of $64.30 per tonne making a rise of 50% since the beginning of the year and nearly 75% since the mid December lows. Coking coal is not a glamour commodity by any means but on Wednesday that too […]