Metminco’s Kevin Wilson on Colombia, hunting for gold, and why shares could re-rate (MNC)

At just 0.55p a share, Metminco (LSE:MNC) has so far struggled to capture the market’s imagination since refinancing, shaking up its board, and shifting its strategic focus onto Colombia earlier this year. With the business expecting drill results from a potentially gold porphyry-bearing prospect in August and concluding negotiations on two more sites, could now…

Can medical marijuana deliver potent returns? An interview with Ananda Developments (ANA)

As one of the only UK-listed businesses with exposure to medical cannabis, Ananda Developments (NEX:ANA) has enjoyed strong demand since debuting on the NEX Exchange earlier this month, with shares doubling to 0.9p on the first day of trading. The global market for medical marijuana is gaining serious momentum as the drug’s therapeutic qualities become…

Trade war enters Uranium sector as US launches investigation into imports

US-based Uranium stocks received a boost yesterday after the Trump administration began an investigation into imports of the metal, a key ingredient in nuclear power generation. Commerce secretary Wilbur Ross said on Wednesday that his department will look at whether imported uranium ore and related products threaten national security. The investigation was requested by domestic…

ECR Minerals ring-fences funds for Australian exploration plans (ECR)

ECR Minerals (LSE:ECR) confirmed plans to pursue new gold and other metal opportunities in Western Australia today, leading shares to advance 5.9pc to 0.9p. The company will ringfence an initial A$100,000 (c.£56,000) from its recent £650,000 strategic funding package to carry out activities such as due diligence and licence applications on numerous new targets. The…