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London stocks finished in the red despite a late rally on Monday, as a strong showing from precious metals miners helped to offset weakness in the travel sector, after Ryanair warned over a second wave of coronavirus infections.
West Africa-focussed gold company Cora Gold announced the discovery of a new 1. 5 kilometre gold zone at its flagship Sanankoro Gold Project in Mali on Monday.
Oilex said on Monday that “substantial progress” has been made towards its objective to regain a participating interest in the West Kampar production sharing contract (PSC) in Indonesia.
Specialist drug discovery and development company ImmuPharma announced what it called “an important regulatory milestone” on Monday, in preparation for the new optimised international phase 3 trial of ‘Lupuzor’ for the autoimmune disease systemic lupus erythematosus.
Tertiary Minerals released analytical results from preliminary reconnaissance sampling at its Mt Tobin Silver Prospect in Nevada on Monday, describing a “large area of hydrothermal alteration” at the main target, 60 metres wide and 1,200 metres long, with an associated silver geochemical anomaly recorded by a previous explorer.
Drug delivery technology company Midatech Pharma has raised £5m before expenses via a placing to investors in the UK, it announced on Monday, to advance and develop its ‘Q-Sphera’ products and technology, and for general corporate purposes.
Richland Resources has entered into a binding share purchase agreement with the shareholders of Global Asset Resources (GAR), it announced on Monday, for the conditional acquisition of GAR.
Markets in Asia finished in a mixed state on Monday, as gold prices reached a new record high amid continuing tensions between the United States and China.
Immunodiagnostics company Oncimmune Holdings announced on Monday that Roche has exercised its option to increase the scope and value of the cornerstone contract, initially announced on 28 May.
Sylvania Platinum said on Monday that its dump operations had been running at full capacity since June, after lockdown regulations were implemented to prevent the spread of Covid-19 between 27 March and 30 April, which placed them on care and maintenance.
Pensana Rare Earths announced the engagement of Paradigm Project Management as the owner's representative for the Longonjo NdPr Project in Angola on Monday, monitoring the on-ground development of the project on its behalf.
Argentina-focussed exploration and production company President Energy updated the market on sales of oil from its Rio Negro fields on Monday, reporting that since the start of production, it had sold all its oil exclusively in the country at the prevailing domestic price.
AstraZeneca shareholders were met with a raft of updates from the company on Monday morning, including two positive recommendations from the European Medicines Agency, and the announcement of a new oncology collaboration.
Signature Aviation reported a 31% fall in continuing group like-for-like revenue in its first half on Monday, which it said was “solely due” to the impact of Covid-19.
London open The FTSE 100 is expected to open four points higher on Monday, having closed down 1. 41% at 6,123. 82 on Friday.