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Cloudbreak Discovery (LSE:CDL) reported interim results for the six months ended 31 December 2025 showing a reduced loss of £523,218, compared with £1,022,322 in the same period the previous year. The improvement reflects tighter cost management and a more focused investment approach as the company continues developing its early-stage natural resource project portfolio.

During the period, Cloudbreak strengthened its financial position with cash at the end of the reporting period rising to £159,058. After the period closed, the company also completed a £1.85 million fundraising. In addition, it disposed of certain non-core financial assets as part of efforts to streamline its operations and focus on key opportunities.

Although the company remains in a net liability position, management believes the additional funding and continued support from investors provide a stronger platform to progress its licences in Australia, expand its pipeline of projects and pursue strategic partnerships. The group sees significant long-term potential in the natural resources sector as it develops its portfolio.

Despite the operational progress, the company’s outlook remains constrained by its lack of revenue, ongoing losses and continued cash usage, alongside negative equity. Technical indicators for the shares also remain weak, with the price trading below key moving averages and momentum indicators pointing to bearish conditions. While recent corporate developments and new funding offer some support, these factors have yet to fully offset the underlying financial challenges.

More about Cloudbreak Discovery PLC

Cloudbreak Discovery Plc is a London-listed natural resources company focused on identifying and developing high-grade gold opportunities, particularly across Western Australia’s major mineral belts. The company employs a project generation and royalty model, building a diversified portfolio of resource projects and royalties designed to reduce risk while creating multiple pathways for shareholder value.

Premier African Minerals (LSE:PREM) reported further construction progress at its Zulu Lithium and Tantalum Project in Zimbabwe as it works toward commissioning in the second quarter of 2026. Newly installed flotation cells have now been fully fitted and aligned under the supervision of the equipment manufacturer’s engineer, while both product and tailings pumps have been installed.

Work continues across other parts of the processing plant, including the installation of structural steel, flotation launders and plant integration piping. Assembly of the motor control switchgear remains on schedule and is expected to arrive on site within the next two weeks as development activities move forward.

Operational preparations are also advancing. The company is developing a commissioning plan, with its process engineering team mobilising to support the start-up phase. At the same time, Premier is in discussions with a mining contractor to secure a consistent ore supply. A stockpile of roughly 5,000 tonnes of run-of-mine material is already available to support initial commissioning activities.

The company continues to target plant commissioning and optimisation in the second quarter of 2026, with the aim of reaching steady-state production of specification-grade spodumene concentrate. Achieving this milestone would strengthen Premier’s role in the lithium supply chain and could improve long-term value for shareholders if operational targets are met.

However, the group’s outlook remains constrained by financial pressures, including ongoing losses, negative gross profit and continued cash burn. Technical indicators also remain weak, with the share price trading below major moving averages and showing negative momentum, while the absence of earnings and dividend support limits valuation upside.

More about Premier African Minerals

Premier African Minerals Limited is an AIM-listed mining and natural resources development company focused on projects across Southern Africa. Its portfolio includes commodities such as tungsten, lithium, tantalum and rare earth elements. Key assets include the RHA Tungsten Mine and the Zulu Lithium Project in Zimbabwe, alongside a pipeline of projects ranging from near-term development opportunities to early-stage exploration prospects.

Ethernity Networks (LSE:ENET) has expanded its collaboration with a major U.S. defence and aerospace customer following the completion of a $1.3 million single-platform licence agreement in August 2025. The partnership continued to generate revenue through additional development and enhancement work during the latter part of 2025, with the company recognising $0.2 million in revenue from the programme in the first quarter of 2026.

For the full 2026 financial year, Ethernity expects enhancement-related revenue from this customer to total between $0.8 million and $1.0 million, providing clearer visibility for near-term earnings. The client has already begun shipping its platform that integrates Ethernity’s intellectual property and is currently evaluating a second platform. If adopted, the additional system could generate further licence income and supports the company’s strategy of building long-term, high-value relationships with key customers.

Despite these developments, the group continues to face financial pressures, including declining revenues and ongoing losses. Recent corporate actions — such as raising new capital and securing an important patent — offer some positive signals, though limited technical trading data leaves uncertainty around near-term share performance. While the stock currently reflects the company’s financial instability, strategic progress could improve prospects over time.

More about Ethernity Networks Ltd.

Ethernity Networks Ltd. is a fabless semiconductor developer specialising in data processing technologies used in networking equipment and passive optical network infrastructure. Its silicon-proven portfolio includes patented wireless access solutions, routing technologies and PON controllers designed for telecom and cloud operators seeking to expand network capacity and enable high-speed connectivity for services such as 5G over both wireless and fibre networks.

Braemar (LSE:BMS) released preliminary results for the year ended 28 February 2026 showing revenue of around £135 million and underlying operating profit of approximately £13.2 million. Both figures met market forecasts but were below the previous year’s levels. The company reported net debt of £2.9 million at the end of the financial year, though it returned to a net cash position in March following a stronger second half, supported by the group’s diversified operating structure.

During the year, Braemar continued to advance its strategic plan. Key developments included opening its first office in Africa, launching a UK Organised Trading Facility within its Securities division, completing a £2 million share buyback programme, and strengthening its leadership team with senior hires. The company also remains active in evaluating potential bolt-on acquisitions to support growth.

Braemar said its forward order book remains solid at $72.5 million. While geopolitical tensions in the Middle East continue to create uncertainty, the board reiterated confidence in the company’s long-term strategy. Full-year results and a decision on the final dividend are expected by the end of May 2026.

The group’s operational performance and corporate activity provide positive signals, though weaker technical indicators point to some market caution. The shares appear reasonably valued and continue to offer an attractive dividend yield, but bearish momentum and oversold conditions may weigh on near-term sentiment.

More about Braemar Shipping Services

Braemar Plc is a London-listed advisory and brokerage firm serving the global shipping and energy industries. The company provides investment advisory, chartering and risk management services, combining experienced shipbrokers with specialist professionals to help clients navigate market volatility and improve returns. Braemar has traded on the London Stock Exchange under the ticker BMS since 1997.

Kenmare Resources (LSE:KMR) swung to a loss in 2025 as softer titanium feedstock markets, reduced shipment volumes, lower prices and a substantial impairment charge weighed heavily on its results. The company posted an adjusted loss after tax of $23.7 million. Mineral product revenue declined 20% year-on-year to $312.1 million, while adjusted EBITDA dropped 63% to $58 million, leaving margins at 19%. Net debt climbed to $158.8 million following peak capital expenditure of roughly $156 million related to the upgrade of Wet Concentrator Plant A.

To address the weaker financial position, the miner halted its final dividend for 2025 and implemented workforce reductions of around 15% at its Moma operation. The company is also seeking covenant relief on its revolving credit facility and has begun cost-reduction initiatives designed to cut operating expenses by about 10% in 2026.

With construction of the WCP A upgrade largely finished and capital spending expected to decline significantly this year, Kenmare plans to reduce existing product inventories while maintaining ilmenite production above 800,000 tonnes. At the same time, it continues negotiations with the Mozambican government to renew the Moma Implementation Agreement, which sets the fiscal framework underpinning the long-term operation of the mine.

Kenmare’s near-term outlook reflects both operational progress and financial pressures. While its historically high dividend yield has provided some investor support, the negative earnings profile and a recent safety incident at the Moma Mine add uncertainty to the investment case.

More about Kenmare Resources

Kenmare Resources is a mining company listed in London and Dublin and ranks among the world’s leading producers of titanium minerals and zircon. Its flagship asset is the Moma Titanium Minerals Mine in northern Mozambique, which supplies roughly 6% of global titanium feedstocks used in products such as paints, plastics and ceramic tiles for customers across more than 15 countries.

Early investments in metals mining have a history of delivering strong yields, and one emerging mining company is maximizing the vast potential of Bolivia to bring a jolt of supply to a world hungry for silver.

Global demand for silver is surging and shows no sign of easing. However, as the silver market is in its sixth year of a structural deficit between supply and demand. The perfect storm of high demand, scarce supply, and underdeveloped fields is driving silver to record-high price ranges, reaching $81 by mid-March 2026.

Silver is indispensable to the global electronics, transportation, and sustainability sectors, according to the Silver Institute. Silver powers up cellphones and tablets, converts sunlight to energy in solar panels, helps keep data centers cool, and puts electronic vehicles on the road.

“Silver does everything from the greenification of the globe to artificial intelligence and data centers,” Silver Institute President and CEO Michael DiRenzo said in the podcast. “There’s just not enough silver to meet demand right now.”

The podcast took a deep dive into mining development, the dwindling life of heritage silver mines, and the new players ripe for investment as they prepare for production that helps meet demand.

Ground-floor opportunities

As historical data and the respected Lassonde Value Curve show, early shareholders in “junior” mining companies – those pursuing early-stage due diligence – get to buy low before watching values rise steeply when the initial exploration, development, and feasibility phases transform into construction and production.

New Pacific Metals (AMEX:NEWP), Canadian owner of two of the world’s largest undeveloped open pitable silver projects, is among those stepping into the breach as a major future supplier.

Currently, New Pacific Metals’ two major precious metal assets in Bolivia are in the technical work, development, and permitting phase, creating opportunities for strong value creation when production drives share prices higher.

In this atmosphere, Bolivia is bullish on silver. The nation of 12.6 million people in west-central South America has been a bulwark of silver development since the 16^th century. Today, with three large-scale silver mines in operation, Bolivia is the world’s fourth-largest silver producing country, outputting 42 million ounces in 2023 and 2024.

Recognizing the job creation and economic benefits of mining, Bolivia’s newly elected government encourages foreign investment and is smoothing the way for responsible permitting and contracting. Low-cost power is available through stable connections to the electrical grid, and roads are getting upgrades for all-season access and efficient logistics.

New Pacific Metals is capitalizing on the rich deposits of its Silver Sand and Carangas projects. Silver Sand, in Bolivia’s growing Potosi region, has the potential to become one of the world’s largest silver mines, yielding around 12 million ounces of silver a year.

The Carangas silver-gold project in Oruro strengthens New Pacific’s portfolio through scale, robust economics, and regional exploration potential. Carangas offers output potential of about 6.5 million ounces annually, plus significant possibilities for growth amid a large ore body.

Combined, the potential annual silver output from Silver Sand and Carangas could equal, or exceed, that of many established global producers.

“Nineteen million ounces of silver coming to the market would be great, with respect to meeting this burgeoning demand,” said DiRenzo.

In 2026, New Pacific Metals is aligned to meet major objectives toward the goals of full permitting by early 2028. Both projects combine government engagement with strong local community partnerships to advance the environmental license.

“One of the most important things that mining companies take really seriously is sustainability in the development and maintenance of that community,” DiRenzo noted.

New Pacific’s major shareholders include two major players in global metals – Silvercorp, a 28 percent owner with additional assets in China, Ecuador, and Kyrgyzstan, and Pan American Silver, a longtime Bolivian producer with 12 percent ownership. Their skin in the game demonstrates confidence and reinforces the projects with additional strategic and technical backing.

Once New Pacific achieves permitting, an array of financing options are expected to deliver strong value to shareholders. As DiRenzo noted, many mining companies have joined the Silver Institute as juniors, “and they’re thriving now.”

“I anticipate the same case will be with New Pacific,” he said.

New Pacific Metals is headquartered in Vancouver, British Columbia. Its shares trade on the Toronto Stock Exchange under the symbol “NUAG” and on the NYSE American under “NEWP”.

For more on the demand driving up the value of silver-mining investments, listen to the Silver Institute “Talking Silver” podcast episode, “Meeting Silver’s Demand.”

Gold prices continued their downward trend in Asian trading on Tuesday, marking a tenth consecutive session of declines after Iran rejected claims that it had engaged in discussions with the United States following President Donald Trump’s decision to delay further strikes on Iran’s energy infrastructure.

Spot gold was down 0.7% at $4,376.04 an ounce by 02:46 ET (06:46 GMT), while U.S. gold futures fell 0.6% to $4,413.59.

In the previous session, the precious metal had dropped to a four-month low before recovering slightly, though it still finished the day around 2% lower.

Middle East attacks continue despite Trump’s negotiation claims

On Monday, President Trump postponed a planned strike on Iran’s electricity grid, saying the move followed “very good and productive” discussions with unnamed Iranian officials.

The decision to delay further military action helped ease tensions across financial markets and triggered a sharp decline in oil prices, which allowed gold to recoup part of its earlier losses during the previous session.

However, Iran’s parliamentary speaker, Mohammad Baqer Qalibaf, later stated on social media that no such talks had taken place, adding to the uncertainty surrounding the situation.

Meanwhile, the Israeli military reported Tuesday that Iran had launched several waves of missiles toward Israel, underscoring that the conflict shows no clear signs of easing.

Gold remained under pressure as investors also kept their attention on the broader economic outlook, particularly expectations surrounding future interest rate policy.

Despite its traditional reputation as a safe-haven asset during geopolitical turmoil, the metal has struggled to attract sustained demand.

Precious metals pressured by strong dollar and Fed outlook

Gold has faced persistent selling pressure in recent sessions as rising energy prices have intensified fears that inflation could remain elevated.

This has prompted markets to dial back expectations of monetary easing, with investors increasingly anticipating that central banks — including the Federal Reserve — will keep interest rates higher for longer.

Higher interest rates generally weigh on gold because the metal does not provide yield, making income-generating assets such as government bonds more attractive by comparison.

The U.S. Dollar Index rose 0.4% in early Tuesday trading.

Among other precious metals, silver declined 0.4% to $68.91 an ounce, while platinum slipped 0.3% to $1,883.05 an ounce.

Copper prices also moved lower. Benchmark copper futures on the London Metal Exchange dropped 1.4% to $12,022.33 per ton, while U.S. copper futures fell 1.3% to $5.41 per pound.

Oil prices moved higher on Tuesday as investors reassessed supply risks following Iran’s denial that it had engaged in talks with the United States to end the Gulf conflict, contradicting statements by U.S. President Donald Trump that an agreement could be reached soon.

Crude futures had tumbled by more than 10% on Monday after Trump ordered a five-day pause in planned attacks on Iran’s power infrastructure, saying the United States had held discussions with unnamed Iranian officials that had produced “major points of agreement”.

By 08:58 GMT, Brent crude futures were up $1.25, or 1.3%, at $101.19 per barrel. U.S. West Texas Intermediate (WTI) rose $2.15, or 2.4%, to $90.28.

The ongoing war has effectively halted shipments passing through the Strait of Hormuz, the strategic waterway south of Iran that carries roughly one-fifth of global oil and liquefied natural gas flows. The International Energy Agency has described the disruption as the largest oil supply shock ever recorded.

“Today’s moderate bounce is just the market finding its footing in the mud,” said Tim Waterer, chief market analyst at KCM Trade. “Traders are aware that while the missiles are on hold, the Strait of Hormuz is still far from a clear waterway.”

On Tuesday, Iran launched multiple waves of missiles toward Israel. Officials in Tehran rejected Trump’s claims of negotiations, dismissing them as ’fake news.’

“The Iran conflict sees tentative de-escalation, but unresolved risks remain around Hormuz,” BCA Research said in a report. “Given continued attack risks and headline volatility, it remains too early to position aggressively for lower oil prices.”

Macquarie warned that if the Strait of Hormuz remains effectively closed through the end of April, Brent prices could climb to $150 per barrel — exceeding the previous record high of $147 reached in 2008.

Meanwhile, new attacks on regional energy infrastructure were reported. Iran’s Fars news agency said a gas company office and a pressure-reduction facility were struck in the city of Isfahan, while a projectile also hit a gas pipeline supplying a power station in Khorramshahr.