Cora Gold is a gold exploration company focused on two world class gold regions in Mali and Senegal in West Africa. Historical exploration has resulted in the highly prospective Sanankoro Gold Discovery, in addition to multiple, high potential, drill ready gold targets within its broader portfolio.

Cora Gold’s primary focus is on further developing Sanankoro in the Yanfolila Gold Belt (southern Mali), which Cora Gold believes has the potential for a standalone mine development.

Shares in Cora Gold Ltd jumped 2.26% to 5p. 11/12/19 11:40BST.

Cora Gold have seen a great few weeks, in July the firm saw its shares bounce after hey announced an extension of high grade gold mineralisation at its Sanankoro Gold Discovery in Southern Mali.

A few weeks after, Cora again pulled it out of the bag as it reported progress at its Selin project at the Sanankoro Gold Discovery in Southern Mali.

Last week, the firm said that it had received a maiden pit constrained mineral resource estimate from independent consultants SRK Consulting UK Ltd for its Sanankoro gold project in southern Mali, which further bettered shares.

Today, Cora have said that they have made progress on their venture at the Sanankoro gold discovery in southern Mali.

Chief Executive Jonathan Forster said: “This is an exciting time at Sanankoro with four rigs now scheduled to operate through to the end of the year. The objective is to selectively step out from a known resource area, as well as access more information on the sulphide potential.

“In parallel, new targets are being subjected to an initial exploration drill programme. The team is doing an excellent job on the ground and we are looking forward to receiving the assay results back in due course and updating shareholders on the results.”

Cora is currently carrying out a 5,000 metre drilling programme at Sanankoro, looking for new sulphide and deep oxide targets as well as to expanding existing targets.

In the mining sector, there have been updates. This morning, coal miner Edenville Energy saw their shares rally on two investors which have said they intend to provided funding for their mining operations.

Eurasia Mining saw their shares rally following progress in their Russian operations. Eurasia reported that it is edging closer to securing the final approval for the Tipil permit, a platinum group metals target located in Russia.

Notably, last week FTSE100 listed Fresnillo saw their shares crash yesterday, after the firm gave a pessimistic annual production estimate.

Edenville Energy PLC (LON: EDL) have seen their shares rally after the firm gave confident expectations on Wednesday morning.

In July, the firm gave the market a very impressive update which alluded to record levels of coal production.

The firm said in July “The coal in this area measures collectively at approximately 20 metres thick and up to 40 metres thick in some areas, which is dense compared to previously mined areas with approximately 3.5 metre thickness.”

Again today, Edenville have seemed to pull it out of the bag which has caught shareholder appetite.

Edenville signed two “significant” coal supply contracts for its flagship project, as it announced today.

Further, the company said a second potential investor has expressed interest in providing funding for the project which sent shares rallying

The two contracts, covering coal from Edenville’s Rukwa project in south-west Tanzania, will see the company supply 6,000 tonnes of washed coal per month to a customer in Rwanda and 3,000 tonnes a month to one in Uganda.

The Rwandan company is Tara Group Ltd which is a part of part of Kitanyoe Group Co Ltd which supplies coal, limestone and other natural resources to the sector.

In Uganda, the firm said they will supply coal to Springwood Capital Ltd who also supply comedies to the market.

At the end of November, Edenville said it needed investment from a partner to keep Rukwa going at acceptable levels, and said at the time it was in “advanced” talks with an investor.

Chief Executive Alastair Muir commented: “I would like to acknowledge the project team’s efforts, and particularly those of former CEO Rufus Short, for their groundwork and efforts in making these contracts possible. The project has a significant advantage being the most northerly coal mine in the region by some 700 kilometres.

“I believe these contracts represent an important first step; now Rukwa has to deliver and assuming the required operational funds are secured we should see the mine and plant delivering as initially planned and our goal of becoming cash flow positive being realised. I look forward to providing our shareholders with further updates in due course.”

In the industry, firms have given mixed updates which have seen shares become volatile.

Fellow coal miner, South32 Ltd have agreed to sell a major South African coal unit for ZAR100 million in an upfront payment deal, as the report outlined.

Elsewhere in the wider industry, Eurasia Mining saw their shares rally following progress in their Russian operations. Eurasia reported that it is edging closer to securing the final approval for the Tipil permit, a platinum group metals target located in Russia.

Notably, last week FTSE100 listed Fresnillo saw their shares crash yesterday, after the firm gave a pessimistic annual production estimate.

Kromek Group PLC (LON: KMK) have seen their shares bounce on Wednesday morning following an impressive update.

Kromek Group plc is an international technology group (global HQ in the UK) and a leading developer and supplier of high-performance radiation detection products based on cadmium zinc telluride (CZT) and other advanced technologies. Using its technology platforms,

Kromek designs and develops and produces x-ray and gamma-ray imaging and radiation detection products for the medical, CBRNe security, Homeland Security and civil nuclear radiation detection markets.

Shares in Kromek bounced 14.06% to 19p on the announcement. 11/12/19 11:10BST.

Kromek said that they had reached ‘record’ revenue figures for the interim period.

Revenue in the six months to October 31 was £5.3 million, 43% higher than a year before.

The pretax loss widened to £2.7 million from £2.1 million, however, due to increased finance and operation costs.

Looking forward, Kromek has “increasing commercial momentum”, with revenue and earnings before interest, tax, depreciation and amortisation for its financial year to April on track to meet the market’s expectations.

“This year has seen a focus on executing on the previously-signed agreements and commencing delivery on the multi-year contracts won in recent years. This has resulted in record first-half revenues,” said Chief Executive Arnab Basu.

“Kromek entered the second half well-positioned to report its highest ever full-year revenue as delivery of high value, multi-year contracts continues to ramp up. We are delivering on contracts worth nearly GBP100 million won over the past three fiscal years in our target markets of medical imaging, nuclear detection and security screening as customers commercially deploy their next-generation CZT-based products,” Basu continued.

“Additionally, we continue to experience growing demand for our flagship products, which is expected to convert to further orders.”

The update from Kromek today is one that will impress shareholders, in a technology industry which has seen saturation and increased competitiveness.

In the market firms have seen mixed results, and updates can be found below.

ULS Technology booked a setback to its financial progress with challenging market conditions during the first half.

The Company’s revenues contracted 8% during a year-on-year comparison for the first half, down to £14.55 million.

At the start of November, Castleton Technology PLC saw theirs shares crash over 40% after a poor trading update.

The company reported revenues of not less that £11.6 million in six months to September 30th, significantly less than sales of £12.9 million in the same period in 2018.

Adjusted EBITDA of not less than £2.9 million and cash generation of of not less than 79% EBITDA.

Additionally, Managed IT services provider AdEPT Technology Group PLC saw its share price drop despite a sharp hike in the Company’s financial performance fundamentals during the half year to September 30th.

The Company’s revenues bounced 26% to £30.8 million year-on-year. The majority of revenue came from managed services, which jumped 39% to £25.1 million and now make up 82% of total Company revenues.

Certainly, shareholders of Kromek should remain optimistic and shareholders will hope that the firm can expand and develop across 2020 to produce impressive results as the ones shown this morning.

Shareholders of Autins Group PLC (LON: AUTG) have seen their shares jump as the firm gave a positive update on Wednesday.

Autins is an industry-leading designer, manufacturer and supplier of acoustic and thermal insulation solutions for the automotive industry and other sectors.

They address complex and challenging problems through responsive and innovative applications engineering and advanced manufacturing that results in optimised specialist solutions for acoustic and thermal management worldwide

Autins have worked and host an impressive range of clients, such as Aston Martin, Bentley, Jaguar Land Rover and Porsche.

Shares of Autins jumped 2.25% to 20p on Wednesday morning. 11/12/19 10:47BST.

At the end of October, Autins gave shareholders an update that would have pleased shareholders. Autins said that they produced results in line with 2019 financial expectations.

The AIM listed firm said that “extensive” management actions employed to reduce costs and increase operational efficiency had successfully delivered improved profit margins.

Autins said they were “well-placed” with sufficient capacity to take advantage of the “many opportunities” in its pipeline, to grow and diversify the business.

Today, both senior management and shareholders will be delighted as the firm said that it narrowed its loss in the recent financial year.

The firm said its loss narrowed in the year to the end of September to £1.5 million from £1.7 million a year earlier, despite revenue slipping by 8.1% to £26.9 million from £29.2 million.

Autins explained revenue was hurt by the “challenging” trading conditions in the automotive industry. In particular, the company said it has experienced additional original equipment manufacturer factory shutdowns and demand being hurt by uncertainty over the future of diesel vehicles.

“Despite the considerable challenges faced by the automotive industry, decisive management action ensured that 2019 was a year of recovery, repositioning and new business wins,” said Chief Executive Gareth Kaminski-Cook.

He added: “We were successful in securing 22 new customers, achieving 14% growth in Europe and delivering a significant increase in sales of the Neptune technology. This positive momentum is encouraging and provides grounds for optimism for the future.”

Autins have pledged to focus on operational movement, sales growth and new market development, which will leave shareholders keen to see whether the full potential of this firm can be reached.

Shares of JD Sports Fashion PLC (LON: JD) have crashed on Wednesday morning after the firm announced that its biggest investor had reduced its stake.

JD Sports Fashion plc, more commonly known as just JD Sports, is a sports-fashion retail company based in Bury, Lancashire, England with shops throughout the United Kingdom, Europe, Asia and Australia.

Shares of JD Sports crashed 8.59% to 734p on the announcement. 11/12/19 10:28BST.

JD Sports have seen a relatively positive time of trading in 2019, where the UK high street has seen slumps.

This has been evidenced by the recent collapse of Thomas Cook at the end of September.

Additionally, baby goods retailer Mothercare said yesterday that they had reported a loss in their market update. This gloomy report came a few weeks after the firm had announced it had entered administration.

Today, JD Sports have said that their their majority shareholder Pentland had cut their stake in the company.

Pentland, a brand management firm and retailer, is said to have offloaded 24 million shares priced at 740p each.

Despite the sale, Pentland remains the fashion chain’s largest shareholder, holding a stake of more than 50%.

Michael Hewson, chief market analyst at CMC Markets said: “The shares are still up over 100 per cent year to date, which doesn’t seem too bad a return.”

JD Sports is still the subject of competition authorities as it looks to formalize a deal with rival Foot Asylum (LON:FOOT) in a £90 million deal.

Even retail giant Mike Ashley, who owns Sports Direct (LON: SPD) has had his say on the deal, saying the conception watch dog had overstated the size of Sports Directs market share.

Ashely commented: “I have been watching from the side lines to date and now having had the opportunity of considering the CMA decision, I would now welcome the opportunity to provide the CMA with the correct market data.”