Boss Andrea Baldo said it saw an ‘encouraging first half’ despite wider inflationary pressures in the sector.

The drilling campaign involves exploration at depths ranging from 300m to 1,500m.

The Hestia JV will deliver mixed-tenure projects in line with the government's Plan for Change.

As the United Kingdom's FTSE 100 index grapples with the impact of weak trade data from China, reflecting broader global economic challenges, investors are increasingly turning their attention to smaller-cap stocks that might offer untapped potential. In this environment, discovering lesser-known companies like Filtronic and others can provide unique opportunities for those seeking to navigate market uncertainties and capitalize on growth prospects outside the blue-chip sphere.

The label founded by the former Spice Girl reported its fourth year in a row of sales growth.