On a busy day for the small caps, Caledonia Mining (LON:CMCL TSX:CMCL) caught the eye, as higher production enabled it to raise revenues and keep profits stable in its latest quarter despite the volatile gold price.
The miner’s 49%-owned Blanket mine in Zimbabwe produced and sold around 10,900 ounces in the three months to September, 10% higher than a year ago
It wasn’t the only miner reporting, however. Canadian copper miners Rambler Metals (LON:RMM CVE:RMM)) and Thundermin have nailed down the details of their proposed merger, which is now scheduled to complete on 21 December.
Thanks to the start of production from the Wassana field, in the Gulf of Thailand, the company had average net production of 8,847 barrels of oil per day, up from 7,403 bopd in the comparative period of 2014.
Elsewhere, Horizon Discovery (LON:HZD) announced its chief business officer and executive director Dr David Smoller has left the company.
Silence Therapeutics (LON:SLN) bolstered its board with the appointment of the former chair of British Swimming and British Basketball.
E-commerce merchandising software group Attraqt (LON:ATQT) said it is planning to raise £3.3mln from investors so that it can “deliver its exciting potential”.
Gold recovery specialist Goldplat’s (LON:GDP) Ghana operation has received a payment of US$1.4mln for material sent to German smelter Aurubis.
In other news, App-maker Motive Television (LON:MTV) began taking pre-orders on Thursday for TabletTV Plus, an app which allows people to watch TabletTV programming on their televisions.
The app has a new interface and design, as well as new features including a split screen function, and will allow users to watch more channels on products including televisions using Apple TV Airplay or Google Chromecast.