Category: Market News

Anglo Asian Mining (LSE:AAZ) encountered notable disruptions in 2024, including a temporary environmental shutdown that affected its production output and financial results. Despite these hurdles, the company has bounced back strongly, with full production now restored at its Gedabek operation, renewed access granted to the Demirli site, and the commencement of mining activities at the new Gilar project.

With a clear growth strategy in place, Anglo Asian aims to evolve into a mid-tier producer by significantly expanding its production capacity. Importantly, this growth plan is designed to be financed without issuing new shares, thereby protecting existing shareholders while positioning the company for sustainable future success.

About Anglo Asian Mining plc

Anglo Asian Mining plc is an established gold, copper, and silver producer operating across a portfolio of mines and exploration sites in Azerbaijan. The company is targeting a transition to a multi-asset mid-tier copper and gold producer by 2029, with four new mines—Gilar, Zafar, Xarxar, and Garadag—planned to enter production over the coming years.

GSTechnologies Limited (LSE:GST) has announced the adoption of a new treasury policy that permits the company to hold a substantial portion of its cash reserves in Bitcoin. This initiative is a key component of its broader GS Money strategy, aimed at leveraging digital assets to enhance shareholder returns while mitigating risks related to counterparties and currency fluctuations.

Although investing in Bitcoin carries inherent volatility and risk, GSTechnologies views this move as a way to strengthen its position in the evolving blockchain ecosystem and capitalize on the growing acceptance of cryptocurrencies within financial markets.

The company continues to face operational and profitability hurdles, as reflected in recent financial results and market indicators. Nonetheless, strategic acquisitions made in early 2025, including the Bake Cryptocurrency Platform, offer potential avenues for growth and innovation, providing some optimism despite current challenges.

About GSTechnologies Limited

GSTechnologies is a fintech enterprise focused on delivering digital asset solutions through blockchain integration. Its offerings include the Bake Cryptocurrency Platform, acquired in 2025, which supports cryptocurrency services and trading. The company aims to drive innovation in financial technology by harnessing the potential of decentralized finance and digital currencies.

Metals One Plc (LSE:MET1) has announced an expansion of its initial Phase 1 exploration program at the Uravan Uranium-Vanadium Project, located in Colorado’s prolific Uravan Mineral Belt. The company has increased its geophysical survey coverage from a one-mile radius to three miles, intensifying efforts to evaluate uranium potential within the Morrison and Chinle geological formations.

The expanded program incorporates detailed geophysical grid surveys, geological mapping, and targeted sampling, designed to validate historical data and establish a robust foundation for a possible Phase 2 drilling campaign. This strategic enhancement of the exploration area aims to confirm the presence of uranium mineralization and refine resource estimates.

This development could significantly strengthen Metals One’s foothold in the uranium sector, bolstering its resource base and enhancing its prospects in the critical minerals market amid rising demand for clean energy-related materials.

About Metals One Plc

Metals One is a mineral exploration and development company focused on sourcing critical metals and gold from stable, low-risk jurisdictions. The firm’s project portfolio spans several countries, including the USA, Finland, and Norway. Its exploration targets include copper, nickel, cobalt, zinc, uranium, vanadium, and platinum group metals—key commodities driving the transition to sustainable energy solutions. Metals One is publicly traded on the AIM Market of the London Stock Exchange.

Tritax Big Box REIT plc (LSE:BBOX) has announced a strategic acquisition of Warehouse REIT plc (LSE:WHR), aimed at strengthening its leadership in the UK logistics real estate sector. The proposed transaction, valued at approximately £485.2 million, will be carried out via a court-sanctioned scheme of arrangement and includes a mix of cash and new Tritax shares for Warehouse REIT shareholders.

The deal represents a meaningful premium over Warehouse REIT’s recent share price and is expected to deliver immediate financial and operational benefits. Once completed, the acquisition will expand Tritax’s asset base and enhance liquidity, while driving down the cost of capital. The combined group is also expected to realize cost efficiencies and improved financing terms, with the transaction projected to be accretive to earnings within the first full year post-merger.

This move positions Tritax Big Box as an even more dominant force in the logistics property space, capitalizing on the sustained demand for modern distribution and fulfillment centers driven by e-commerce and supply chain modernization.

About Tritax Big Box REIT plc

Tritax Big Box REIT is a UK-listed real estate investment trust focused on acquiring and managing large-scale logistics facilities—commonly referred to as “big boxes”—that are integral to national and international supply chains. The company targets strategic assets near key transport infrastructure, urban centers, and last-mile delivery zones. Its portfolio supports tenants across sectors such as retail, manufacturing, and data infrastructure. Tritax aims to generate sustainable, long-term returns for shareholders through active asset management and high-quality property investments.

African Pioneer Plc (LSE:AFP) has achieved a major regulatory milestone with the approval of an unconditional mining licence for its Ongombo Copper-Gold Project, located in Namibia’s Khomas Region. The licence is valid until 2045, granting the company a 20-year runway to advance the project into full-scale operations.

With the licence now secured, African Pioneer is moving swiftly into the development phase, focusing initially on launching a low-cost open-pit mining operation. This approach is designed to fast-track production while minimizing upfront capital requirements, potentially positioning Ongombo as a significant new source of copper and gold in the region.

The approval not only advances the company’s flagship project but also strengthens its presence in Namibia’s mining sector, a country known for its resource potential and investor-friendly regulatory environment.

About African Pioneer Plc

African Pioneer is a UK-listed mining exploration and development company focused on copper and gold assets in Southern Africa. The company’s principal asset is the Ongombo Project in Namibia, where it is targeting near-term production. African Pioneer’s strategy centers on identifying undervalued mineral projects with strong development potential and progressing them through early-stage exploration into production.

Aptamer Group plc (LSE:APTA) has announced a strategic development and licensing agreement with a prominent global life sciences company to co-develop a bespoke Optimer®-Fc reagent. Designed for use in immunohistochemistry assays and diagnostic test kits, the reagent is part of Aptamer’s proprietary Optimer platform, which offers an innovative alternative to traditional antibody-based tools.

The deal includes a royalty-bearing structure, positioning Aptamer to benefit from potential recurring revenue streams as the product reaches the commercial stage. The partnership not only validates the technical strength of the Optimer®-Fc platform but also expands its reach into high-value diagnostic markets.

This collaboration marks a significant step forward in Aptamer’s commercial strategy, reflecting growing interest in its next-generation synthetic binders that offer improved stability, specificity, and ease of manufacture compared to conventional antibodies.

Company Outlook

While Aptamer Group continues to face financial headwinds — including low revenue and valuation pressures — strategic agreements like this underscore the potential of its platform technology. Investor sentiment may remain cautious due to current financial challenges, but partnerships with established players could serve as catalysts for long-term growth. From a technical standpoint, the stock appears moderately stable, although a clear improvement in financial performance will be critical to increasing investor confidence.

About Aptamer Group plc

Aptamer Group is a UK-based biotechnology company pioneering synthetic aptamer technologies for use in research, diagnostics, and therapeutics. Its flagship platform, Optimer®, is designed to create high-performance, antibody-alternative binding molecules tailored to specific applications. The company focuses on providing custom solutions to partners in the life sciences sector, with a particular emphasis on diagnostics and immunohistochemistry.

Bezant Resources PLC (LSE:BZT) has secured a key milestone with the formal approval of a mining licence for its Hope and Gorob Project in Namibia. The licence, which remains valid through March 2040, paves the way for the company to move from exploration to full-scale project implementation.

With the regulatory green light now in place, Bezant will begin advancing into the construction and commissioning phase of the mine. This development significantly boosts the company’s operational momentum and underscores its growing presence in the southern African mining sector.

The long-term licence is expected to increase investor confidence and operational flexibility, enhancing Bezant’s ability to attract strategic partnerships and capital as it builds out the project.

About Bezant Resources PLC

Bezant Resources is a natural resources company focused on the exploration, acquisition, and development of mineral assets. Its portfolio includes interests in copper and precious metal projects, with a strategic emphasis on expanding its resource base and advancing projects toward production. The company’s operations span several jurisdictions, with the Hope and Gorob Project representing a key pillar of its growth strategy.

Kelso Group Holdings Plc (LSE:KLSO) has announced robust valuation gains across its portfolio, driven by strong performances from key holdings such as The Works, Angling Direct, and Selkirk. The company attributes much of this success to its proactive, hands-on approach in supporting portfolio companies and driving strategic value.

With a bullish outlook on the UK small-cap sector, Kelso views current market conditions as offering a rare, long-term opportunity to uncover undervalued assets. The group believes that disciplined capital allocation and active shareholder engagement can unlock significant upside in this space.

Looking ahead, Kelso intends to broaden its investment footprint, targeting opportunities it believes could deliver annualized returns exceeding 25%. The company’s approach continues to focus on identifying fundamentally sound but overlooked businesses and working closely with management teams to realize their full potential.

About Kelso Group Holdings Plc

Kelso Group Holdings is an investment firm focused on small-cap companies listed in the UK. Operating as an acquisition and engagement vehicle, Kelso aims to unlock shareholder value by influencing corporate strategy, improving investor relations, and optimizing capital deployment. The firm specializes in working with underappreciated public companies where it sees a clear path to value creation through strategic insight and active involvement.

Scancell Holdings plc (LSE:SCLP) has taken a significant step in its ongoing Phase 2 SCOPE trial by initiating Cohort 4 to assess a new intradermal delivery method and an accelerated dosing schedule for its iSCIB1+ cancer immunotherapy. A total of eight patients have received initial doses without experiencing any notable adverse effects, underscoring the treatment’s early safety profile.

The company anticipates releasing interim results by the end of 2025, marking a pivotal point in the development of iSCIB1+, which is being tested in patients with advanced melanoma. This phase of the study is designed to determine whether altering the administration route and dosing frequency can boost the therapy’s effectiveness while maintaining tolerability.

This progress highlights Scancell’s commitment to advancing novel immunotherapies that could offer more effective and safer treatment options for melanoma. Success in this trial could strengthen the company’s clinical portfolio and enhance its positioning in the competitive oncology space.

Company Outlook

Despite facing ongoing financial headwinds — including a lack of revenue and continued operating losses — Scancell’s recent clinical momentum offers a glimmer of optimism. Encouraging data from its cancer vaccine studies, including iSCIB1+ and Modi-1, could lay the groundwork for future growth. From a market perspective, technical trends show mixed signals: while short-term indicators suggest some upward momentum, overbought conditions raise concerns for potential pullbacks. The company’s valuation remains depressed, reflecting investor caution due to financial risk.

About Scancell Holdings

Scancell Holdings is a UK-based biotech firm specializing in the development of next-generation immunotherapies designed to stimulate durable, tumor-specific immune responses. Its lead candidate, iSCIB1+, targets melanoma and other cancers, while its second product, Modi-1, focuses on peptide-based cancer vaccines. In addition, the company is advancing its proprietary GlyMab® antibody platform aimed at tumor-specific glycans — a promising frontier in cancer targeting. As a clinical-stage company, Scancell continues to pursue innovative cancer treatment solutions with a pipeline aimed at addressing significant unmet medical needs.

Hargreaves Services plc (LSE:HSP) has announced that it expects both revenue and pre-tax profit for the fiscal year ended 31 May 2025 to surpass current market forecasts. The positive outlook is largely driven by strong performance in its core Services division and continued profitability growth from its German joint venture, Hargreaves Raw Materials Services (HRMS).

In the UK, the Services segment has benefited from securing new contracts, particularly in large-scale earthmoving operations, and ongoing progress on major infrastructure projects, including HS2 and Sizewell C. Meanwhile, HRMS has delivered robust financial results thanks to increased efficiencies and improved returns from its steel waste recycling activities.

Financially, Hargreaves remains in a strong position, reporting cash reserves of £23.3 million and minimal net debt. This solid foundation provides the company with flexibility to pursue future opportunities and invest in long-term growth.

Market indicators remain favorable, with the company’s shares trading at attractive valuation levels and supported by a solid dividend yield. Combined with a healthy balance sheet and strong project pipeline, recent developments enhance confidence in Hargreaves’ strategic trajectory.

About Hargreaves Services plc

Headquartered in County Durham, Hargreaves Services is a diversified industrial group operating across the UK and South East Asia. The company is structured around three key segments:

• Services: Offers materials handling, engineering, logistics, and large-scale earthworks for infrastructure and industrial clients.
• Hargreaves Land: Focuses on the sustainable redevelopment of brownfield sites for residential and commercial use.
• HRMS (Germany): Engaged in commodity trading and recycling, particularly in the steel sector.

With operational hubs in the UK, Hong Kong, and Germany, Hargreaves is positioned as a key player in infrastructure, industrial services, and sustainable land development.