Author: Fiona Craig

GreenRoc Strategic Materials (LSE:GROC) has reported preliminary results from Phase III drilling at its Amitsoq graphite project in South Greenland, extending known graphite mineralisation approximately 100 to 150 metres north of previous resource drilling.

The company said the drilling confirmed continuity of the Lower Graphite Layer in the newly tested area and could support an expansion of the project’s existing resource base. The results are preliminary, and no updated resource estimate was provided in the supplied announcement.

The Phase III programme is also collecting geological, geotechnical and hydrogeological information for future project studies. This work includes the installation of groundwater monitoring equipment.

GreenRoc plans to use data from the programme in a prefeasibility study and mine design work, which it expects to begin by the end of 2026.

Separately, European Commission President Ursula von der Leyen highlighted Amitsoq as a critical raw materials project within a €200 million EU-Greenland Global Gateway Partnership package covering areas including hydropower and critical raw materials.

Amitsoq has been designated an EU Strategic Project under the Critical Raw Materials Act. The European Union is also financing advisory services for the project through the European Investment Bank.

GreenRoc said management plans to engage with investors and industry participants at upcoming European battery and innovation finance conferences.

More about GreenRoc Strategic Materials Plc

GreenRoc Strategic Materials Plc is an AIM-listed mining company focused on developing critical mineral projects in Greenland.

Its principal project is the Amitsoq graphite project in South Greenland. The company is seeking to develop graphite production for markets including European battery and electrification supply chains.

Sunrise Resources (LSE:SRES) has announced plans to raise capital through an issue of securities to fund exploration activities across its portfolio of precious and base-metal projects.

The fundraising is being arranged by broker AlbR Capital. Sunrise said the proceeds will be used for geophysical work and permitting at its Lake and Reese Ridge projects.

Depending on the amount raised, the company also intends to use the proceeds to drill priority exploration targets in Nevada and potentially undertake drilling at the Bakers Gold Project in Australia.

In connection with the fundraising, Sunrise will use AIM’s new Capital Access Window facility, resulting in a temporary halt in trading of its shares from 7.30 a.m. on 9 September 2026.

According to the company, the voluntary trading pause is intended to stabilise the share price during the capital-raising process. The amount to be raised and the terms of the securities issue were not specified in the supplied announcement.

More about Sunrise Resources

Sunrise Resources Plc is an AIM-listed mineral exploration company with projects targeting precious and base metals including copper, silver, gold, zinc and lead.

Its portfolio includes the Lake Copper-Silver-Gold Project and Reese Ridge Zinc-Silver-Lead Project in Nevada, United States, as well as the Bakers Gold Project in Australia.

The company’s exploration activities include geophysical surveys, permitting and drilling of identified targets.

Energean Israel Limited (LSE:ENOG) reported revenue of $481.3 million for the six months ended 30 June 2026, broadly unchanged from the prior-year period, while gross profit increased to $231.5 million.

Net profit for the period was $101.0 million, compared with $100.5 million a year earlier. Total comprehensive income declined to $98.0 million, primarily reflecting a change to a loss on cash flow hedges.

Total assets increased to $3.85 billion at the end of the period, with the rise driven by higher property, plant and equipment. Cash and cash equivalents increased to $213.8 million, nearly double the prior comparative level.

Cash generated from operating activities was $314.3 million during the first half.

Total equity increased to $465.3 million as retained earnings rose during the period. Energean Israel also paid a dividend of $39.0 million.

Borrowings stood at $2.77 billion at 30 June 2026, reflecting the financing associated with the company’s operations and infrastructure.

More about Energean Israel

Energean Israel Limited is a subsidiary of Energean PLC focused on the exploration, production and commercialisation of natural gas and hydrocarbon liquids.

Its operations are concentrated in Israel’s offshore energy sector and are conducted through an Israeli branch. The company was incorporated in Cyprus in 2014 and has subsequently become tax resident in the UK.

Energean Israel’s asset base includes property, plant and equipment and infrastructure associated with its offshore natural gas operations.

Henderson High Income Trust (LSE:HHI) reported a net asset value total return of 6.3% for the first half of 2026, marginally ahead of its benchmark, while its share price total return was 8.7%.

The difference between the two returns reflected a narrowing of the trust’s discount to net asset value during the period. Net assets stood at £351.8 million, while the dividend yield was 5.6% and gearing remained broadly stable.

The portfolio continued to have a higher allocation to equities than bonds. Holdings including Schroders, DCC Energy, Texas Instruments and Engie contributed positively to performance, while Dunelm, Michael Page and Imperial Brands detracted.

The board said it remained confident in the trust’s income prospects. Henderson High Income Trust also announced plans for a change of chair in 2027 and confirmed the appointment of Andrew Jones as deputy fund manager.

The trust cited geopolitical developments, conditions affecting UK housebuilders and increased takeover activity involving UK-listed companies among factors affecting the investment environment during the period.

More about Henderson High Income Trust PLC

Henderson High Income Trust PLC is a UK-listed investment trust investing in a portfolio of equities and fixed-income securities with the objective of generating dividend income alongside capital growth.

The portfolio typically has approximately 90% of its assets invested in UK and overseas equities and around 10% in fixed income.

The trust is managed by Janus Henderson and uses a composite benchmark comprising 80% of the FTSE All-Share Index and 20% of the ICE BofA Sterling Non-Gilts Index. It also uses gearing as part of its investment strategy.

Caledonian Holdings (LSE:CHP) said its subsidiary Aspire has commercially launched an enhanced multi-currency business current account integrated with a Mastercard World Business Debit Card under the Muloot Money brand.

The platform is aimed at small and medium-sized businesses engaged in domestic and international trade and combines business accounts, payments, foreign exchange and access to working-capital facilities within a digital platform.

The commercial launch was funded in part by proceeds from Caledonian’s recent £612,000 fundraising. Following the rollout, Aspire plans to focus on customer acquisition, increasing transaction volumes and generating recurring revenue from trade finance facilities of up to £5 million.

Aspire intends to distribute its services through both direct customer acquisition and white-label partnerships. The company said this approach is designed to support expansion without proportionate increases in customer acquisition costs.

The Muloot Money offering combines day-to-day business account services with access to short-term trade finance. Caledonian said the commercial rollout forms part of its strategy to develop recurring revenue from financial services and trade finance activities.

More about Caledonian Holdings PLC

Caledonian Holdings PLC is an AIM-listed company focused on developing an integrated financial services business. Its wholly owned subsidiary, Aspire Commerce Group Limited, operates Muloot Money, a multi-currency financial services platform for SMEs.

Aspire provides business accounts, payments, foreign exchange and trade finance through its fintech infrastructure and UK-based relationship support.

Muloot Money is operated by Aspire Payments Limited, which is registered with the UK Financial Conduct Authority as a Small Electronic Money Institution authorised to issue electronic money and provide payment services.

The platform’s Mastercard World Business Debit Card is issued by Transact Payments Limited under licence from Mastercard International.

Caledonian acquired Aspire in June 2026 as part of its strategy to develop an operating financial services business.

The Gym Group (LSE:GYM) reported a 10% increase in revenue to £133.1 million for the first half of 2026, while average membership reached 1 million and average revenue per member increased 5%.

Adjusted profit before tax rose 31% compared with the prior-year period, while statutory profit after tax increased 30%. Free cash flow was up 10% to £27.7 million.

The company used cash generated by the business to support investment in new gym openings, refurbishments and technology, alongside a share buyback programme.

The Gym Group opened four new locations during the period and has a further 11 sites under development. It expects to open at least 20 new gyms during 2026, with the expansion programme funded from free cash flow.

The company is also refurbishing existing locations as part of its Next Chapter growth plan. Other initiatives include changes to pricing, member acquisition and retention activities and additional products intended to increase revenue per member.

The Gym Group said leverage remained low and reported an expansion of its banking facilities. Based on first-half trading, the company expects its full-year results to be at the top end of market expectations.

The company reported that 94% of surveyed members rated it four or five out of five, while the proportion of members visiting a gym more than four times per month increased.

More about The Gym Group

The Gym Group plc is a U.K. low-cost gym operator providing 24-hour, no-contract memberships. It operates 264 sites and serves around 1 million members.

Its business model combines membership pricing with digital services and additional products, while its growth strategy includes opening new locations and investing in its existing estate.

According to the company, Generation Z accounts for nearly half of its membership. The Gym Group also has science-based net-zero targets validated by the Science Based Targets initiative.

Harworth (LSE:HWG) reported a negative total accounting return of 3.7% for the six months ended 30 June 2026, with residential market conditions weighing on property valuations while industrial and logistics values were broadly stable.

The regeneration and development group reported a decline in EPRA net disposal value (NDV), while statutory net assets fell to £670.8 million. Net debt increased during the period, although the company said leverage remained low.

Harworth increased its interim dividend by 10%.

The company is also progressing a strategy focused on powered land and industrial and logistics assets. As part of the changes, Harworth plans to exit residential activities and resize its investment portfolio, with the company targeting a simplified operating structure and lower costs.

In powered land, Harworth is progressing a pipeline targeting hyperscale data centre developments. The company cited transactions involving Microsoft and another data centre operator as part of this activity.

Harworth also reported occupier demand across its industrial and logistics operations and said its construction-ready land bank is at its largest level to date.

More about Harworth

Harworth Group plc is a U.K.-listed regeneration, strategic land and development company focused primarily on the industrial and logistics sector.

The company owns, develops and manages more than 15,000 acres across approximately 100 sites. Its portfolio also includes powered land intended for uses including data centres and logistics facilities.

Total Graphite plc (LSE:TGR) has appointed Lycopodium Minerals Africa to review and update feasibility work for its Montepuez Graphite Project in Mozambique, using a modular two-stage development approach as the base case.

The Montepuez project is permitted to produce up to 100,000 tonnes per annum of flake graphite concentrate. The review will assess existing feasibility work and examine potential updates to the project’s process design, operating parameters and economics as Total Graphite works towards securing project financing.

The study will draw on an October 2017 Value Engineering Study, which outlined a two-phase development plan. According to Total Graphite, that approach reduced estimated upfront capital and operating costs compared with an earlier single-stage development proposal.

The company said its board believes Montepuez remains competitive in terms of capital efficiency despite anticipated cost inflation since the earlier study. A substantial amount of engineering work has already been completed, while initial infrastructure has also been established at the project site.

Initial results from Lycopodium’s review are targeted for November 2026.

Total Graphite intends to develop Montepuez as a source of graphite outside China and as part of its broader strategy to establish an integrated graphite and anode materials business.

More about Total Graphite plc

Total Graphite plc is a flake graphite company with the Montepuez and Balama Central projects in Mozambique’s Cabo Delgado province. The two projects have a combined resource containing more than 13 million tonnes of graphite, according to the company.

The company is targeting natural graphite markets, including materials used in lithium-ion batteries. Its strategy includes developing Montepuez as an upstream operation alongside downstream anode materials activities, including a planned project in the United States.

Great Southern Copper (LSE:GSCU) has started an in-fill and extensional induced polarisation-resistivity survey at the Cerro Negro prospect within its Especularita Project in Chile, as it prepares targets for a planned Phase IV drilling campaign.

The exploration programme comprises five geophysical survey lines designed to integrate with data from previous work at Cerro Negro. Great Southern Copper said the combined data are intended to provide three-dimensional mapping of geophysical anomalies from near surface to depths exceeding 300 metres.

The survey is focused on areas around the Mostaza Fault Zone and the Monolith target, where the company is evaluating the extent of known copper-silver mineralisation.

According to Great Southern Copper, outcropping copper-silver zones at the prospect show similarities to higher-grade mineralisation previously encountered by drilling beneath the historic Mostaza mine.

The company plans to use the new survey data alongside its existing geophysical information to refine targets for Phase IV drilling and assess potential extensions to the identified mineralised system.

More about Great Southern Copper PLC

Great Southern Copper PLC is a UK-listed mineral exploration company focused on copper, gold and silver projects in Chile.

Its Especularita Project is located in Chile’s coastal metallogenic belt, where the company is exploring for both large-tonnage copper-gold systems and higher-grade copper-silver-gold mineralisation.

Great Southern Copper holds rights to own 100% of the Cerro Negro prospect within Especularita. The prospect is located at relatively low elevation and has access to infrastructure and services.