Galantas Gold (LON: GAL) is acquiring 100% of the Andacollo Oro gold project in Chile. This is an open pit mine with a historical inferred mineral resource estimate of 5.06M ounce of gold. It has been in production in the past. The seller is owned by Galantas Gold executive Robert Sedgemore, so it is a related party deal. His company bought the mine from Dragones, whose former owner will receive payments of $27.5m in the four years to the end of 2029, as well as initially being issued 91.3 million Galantas Gold shares. Galantas Gold will assume $3m of debt and pay $1.5m to Robert Sedgemore. The share price jumped 178.1% to 28.5p.
Biopesticides developer Eden Research (LON: EDN) says Mevalone has been granted approval in France to use on grapes to control downy and powdery mildew. This is an extension on existing approvals. The opportunity is estimated to be worth €8m. The share price gained 16.7% to 3.15p.
ECR Minerals (LON: ECR) says the Raglan gold project in Queensland will commence mining this month. This will generate cash for the Blue Mountain project. The share price increased 15.9% to 0.365p.
Greatland Resources (LON: GGP) produced 86,273 ounces of gold in the fourth quarter of 2025, up from 80,890 in the previous quarter. Cash increased to $948m. The share price improved 6.76% to 574.6p.
FALLERS
Graphene technology developer Directa Plus (LON: DCTA) says 2025 revenues improved from €6.66m to €7m and the loss will be lower. Cash has fallen to €1.5m, which is much less than the outflow in 2025. A non-core land sale could generate €500,000. Joint ventures and licensing opportunities are being assessed. The share price slumped 25.9% to 10p, but it is still 48% ahead over the past five days.
Extended reality technology company Engage XR (LON: EXR) is still suffering from a tough market with contact delays and poor renewals. In 2025, revenues were €1.9m and net cash has fallen to €1.6m. Cash is being conserved and there are potential opportunities in education. Forecasts are under review. The share price dipped 26.3% to 0.35p.
Goldstone Resources (LON: GRL) operates the Homase gold mine in Ghana which produced 2,912 ounces of gold in 2025 and generated revenues of $10m. Heavy rainfall and inspections held back production. Avrage all-in sustaining cost was $2,781/ounce up until November and it is expected to be $2,500-$2,900/ounce in 2026. Production could reach 4,000 ounces this year. The share price slipped 9.09% to 0.5p.
Oriole Resources (LON: ORR) reports that the first two holes at Mbe North in Cameroon have returned significant gold intersections. The geology is similar to the find in the south of the project area. Greenwood Capital Partners estimates that the new area could beat the exploration target, which is 370,000-605,000 ounces of contained gold. The share price fell 9.09% to 0.3p.