ESTEast Star Resources Plc

4.150GBP+1.22%Mkt Cap: 29.28M $P/E:

East Star Resources Plc focuses on the discovery and exploration of mineral resources in the United Kingdom and Kazakhstan.It primarily explores for gold and copper deposits. The company holds exploration and evaluation …

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East Star Resources shares rise after copper joint venture agreement signed

The Kazakhstan-focused explorer has struck a deal with a Chinese mining contractor to fund and build its Verkhuba copper deposit at no cost to the company Shares in East Star Resources, the LSE-listed Kazakhstan-focused gold and copper explorer, rose 12.5% to 3.6p on Thursday after the...

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tinyBuild, East Star Resources, Sancus Lending, Synthomer, Quantum Blockchain, Quadrise

tinyBuild (LSE:TBLD) shares rose sharply after the video games publisher swung to a $5.6 million EBITDA profit last year from a $6.1 million loss in 2024. Revenue grew 17% to $35.5 million, with survival shooter Deadside a big part of that story. East Star Resources shares are also moving higher after the company signed a joint venture with Hong Kong Xinhai Mining to develop its Kazakhstan copper deposit. Xinhai funds the whole $65 million development cost, leaving East Star with a free 30% stake in the mine. Sancus Lending Group had the biggest move of the day after the property lender nearly doubled new loan originations to £212.5 million. Profit before tax hit £1.2 million, up from just £100,000 the year before. Synthomer (LSE:SYNT) bounced after the chemicals group confirmed it won't be issuing new shares to cut its debt. Refinancing talks with lenders are described as proceeding constructively, and its biggest shareholder KLK is said to be very supportive. Quantum Blockchain Technologies (AIM:QBT) is moving closer to recovering money from its Sipiem case, with an Italian court scheduling a property auction for May the 6th. The company has recovered €743,500 so far from a damages award worth over €6 million. Quadrise (AIM:QED) has appointed Michael Covington to its board as a non-executive director. He brings over 30 years of experience across energy and finance, and is expected to take over as audit committee chair in due course. Follow us and subscribe on YouTube, our social channels and on proactiveinvestors.co.uk.

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