Episodios

  • ReconAfrica closes upsized C$19M offering to fund drilling at Kavango West 1X Well in Namibia

    ReconAfrica closes upsized C$19M offering to fund drilling at Kavango West 1X Well in Namibia
    Jun 18 2025
    Reconnaissance Energy Africa CEO Brian Reinsborough joined Steve Darling from Proactive to announce the successful completion of the company’s previously announced and upsized underwritten public offering, raising gross proceeds of approximately C$19 million. The financing, which drew participation from key stakeholders including BW Energy Limited, members of ReconAfrica’s board and management, and other institutional investors, marks a significant milestone in funding the next phase of exploration in Namibia. BW Energy invested approximately C$4.7 million in the offering, with the units purchased subject to a six-month lock-up agreement—a strong vote of confidence in ReconAfrica’s strategic direction and the long-term potential of its assets. Reinsborough stated that the net proceeds from the offering will primarily be used to fund the upcoming drilling of Prospect I, formally named the Kavango West 1X well, located within the company’s Damara Fold Belt play in northeast Namibia. Construction of the access road and drill site is already underway, and rig mobilization is scheduled for late June, with drilling to commence shortly thereafter upon receipt of final permits. The Kavango West 1X well will be the second exploration test targeting the vast Damara Fold Belt system, a frontier basin play that spans a structurally complex region identified through modern 2D seismic data. The specific structure being targeted is a large fold measuring over 20 kilometers in length and 5 kilometers in width, interpreted to host a thick Otavi carbonate reservoir section—the primary exploration target in the play. Reinsborough emphasized the strategic significance of this well, noting that a successful result at Kavango West 1X could be transformational for both ReconAfrica and the broader understanding of Namibia’s underexplored Damara Fold Belt. #proactiveinvestors #reconnaissanceenergyafricaltd #tsxv #reco #otcqx #recaf #NamibiaOil #ProspectI #OilExploration #EnergyUpdate #OnshoreDrilling #OilAndGasNews #AfricanEnergy #OilDiscovery #EnergyInvesting #OilExploration #NamibiaOil #EnergyInvesting #KavangoBasin #BrianReinsborough #OilAndGas #InvestorUpdate #ProactiveInvestors #AngolaEnergy
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  • GoldQuest Mining advances Romero Project with key environmental milestone in Dominican Republic

    GoldQuest Mining advances Romero Project with key environmental milestone in Dominican Republic
    Jun 18 2025
    GoldQuest Mining CEO Luis Santana joined Steve Darling from Proactive to announce a major regulatory milestone for the company’s flagship Romero gold-copper-silver project in the Dominican Republic. The company has officially received the Terms of Reference from the country’s Ministry of Environment and Natural Resources, marking the launch of the final phase of the Environmental Impact Assessment required to obtain an environmental license for mine development. This important step allows GoldQuest to formally begin a comprehensive environmental study for Romero, a proposed underground mine located in San Juan Province. The issuance of the ToR also confirms the project’s Category A classification under Dominican environmental regulations, which applies to projects with significant potential impacts and requires rigorous analysis and community engagement. Santana emphasized that receiving the ToR is both a validation of the project’s quality and a signal of the Dominican government’s commitment to responsible mining development. To carry out the EIA, GoldQuest has engaged AECOM, a globally recognized environmental consulting firm known for its expertise in complex mining and infrastructure projects. AECOM will lead the EIA process, ensuring it meets both international best practices and local regulatory requirements. The Romero Project is designed to produce a copper concentrate containing gold and silver, utilizing conventional processing methods and incorporating state-of-the-art mining and processing technology. The project aims to deliver strong operational efficiency, environmental stewardship, and safety performance, In parallel, the company will continue drilling and evaluation work in Romero and nearby prospects to demonstrate the broader potential of the region. #proactiveinvestors #tsxv #gqc #mining #DominicanRepublicMining #RomeroProject #LuisSantana #CopperMining #GoldExploration #MiningUpdates #EnvironmentalImpactStudy #JuniorMining #ResourceDevelopment
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  • Light Science Technologies achieves milestone as Injectaclad passes 50-year test

    Light Science Technologies achieves milestone as Injectaclad passes 50-year test
    Jun 18 2025
    Light Science Technologies Holdings PLC (AIM:LST) CEO Simon Deacon talked with Proactive's Stephen about a major development for the company’s fire safety division, following rigorous testing of its Injectaclad product. Deacon confirmed that Injectaclad has now achieved a 50-year lifespan certification, doubling its previous 25-year rating. This milestone, he said, was to ASTM F1980 standards and offers significant appeal to fire officers, architects, and building owners evaluating long-term remediation solutions. "This really gives it the longevity everybody's looking for in our product," Deacon stated. Compared to competitors offering 15- to 20-year solutions, Injectaclad’s certification aligns more closely with the lifecycle of building materials in tall structures. Deacon highlighted the scale of the market opportunity, pointing to over 44,000 buildings in the UK requiring remedial fire safety work, representing a sector potentially worth £50 billion. He noted that government legislation, while moving slower than expected, supports a long-term growth trajectory. “We see a sort of a hockey stick type growth in this industry,” he said. On scalability, he emphasised Injectaclad’s easier and more cost-effective installation process versus traditional facade removal. He also revealed plans to expand the Passive Fire Protection (PFP) division by acquiring more pumps and developing an early warning system for fires starting within cavities—particularly crucial for high-rise safety. Visit Proactive's YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel and enable notifications for future content. #FireSafety #BuildingRegulations #Injectaclad #PassiveFireProtection #HighRiseSafety #LightScienceTechnologies #ConstructionSafety #ASTMF1980 #FireRemediation #UKConstruction
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  • Alchemy Resources CEO discusses diverse project pipeline and JV strategy

    Alchemy Resources CEO discusses diverse project pipeline and JV strategy
    Jun 18 2025
    Alchemy Resources Limited (ASX:ALY) CEO James Wilson talked with Proactive's Stephen Gunnion about the company's diverse and strategic exploration efforts across Western Australia and New South Wales. Wilson described Alchemy as a "low cost, high value" explorer that leverages joint venture partnerships to advance its portfolio. Key assets include the Karonie project in Western Australia, which has 111,000 ounces of gold and a lithium joint venture with JOGMEC. In the Bryah Basin, Alchemy is targeting high-grade hematite iron ore and has secured full ownership of a key asset while partnering with Catalyst Metals on a nearby gold project. The New South Wales portfolio features 342,000 ounces of gold equivalent polymetallic resources, with Yellow Mountain highlighted as a high-priority drill target. “We’ve unlocked all the permitting, and we’re weeks away from drilling that,” Wilson said. Wilson confirmed Alchemy has $1.89 million in cash to fund near-term activities. Drilling at Yellow Mountain, Bryah iron ore, and the Karonie lithium targets is expected over the next three to six months. The strategy focuses on maintaining a lean cost structure while leveraging partners to fast-track development. “There’s nothing better than having someone else’s money spent on our ground,” Wilson added. For more interviews like this, visit Proactive's YouTube channel. Don’t forget to like the video, subscribe to the channel, and turn on notifications for future updates. #AlchemyResources #LithiumExploration #GoldMining #IronOre #AustralianMining #JuniorExplorers #MiningInvestment #JointVentures #ResourceExploration #YellowMountainDrilling
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  • Team Internet CEO on Colombia milestone deal & growth

    Team Internet CEO on Colombia milestone deal & growth
    Jun 17 2025
    Team Internet Group PLC CEO Michael Riedl talked with Proactive's Stephen Gunnion about a significant new contract and the ongoing growth in the company’s domains business. He highlighted that Team Internet secured a ten-year deal to operate Colombia’s .co domain, marking the first time a major government-operated domain has selected the company’s services. Riedl explained that since Team Internet’s IPO in 2013, the domain industry has grown from 250 million to 370 million domain names, averaging 10 million new domains per year. Key drivers of this growth include the rise of new top-level domains such as .xyz and .online, and repurposed country code domains like .ai (Anguilla), .io (British Indian Ocean Territories), and .co (Colombia). Nearly half of the new top-level domains created each year are operated on Team Internet’s systems. Discussing the Colombia deal, Riedl stated, "It is for the first time that a major government-operated public domain or government-owned public domain is actually choosing our services." He noted that Team Internet and its partner CCI retain an 8% revenue share from Colombia’s approximately three million .co domain names, typically sold at $24 each. Looking ahead, Riedl said Team Internet is exploring other national domain opportunities such as .eu and .au, and is optimistic about winning future contracts. He also pointed to the upcoming ICANN new generic top-level domain round in 2026 as a major growth catalyst, suggesting the company's business in this area could potentially double. For more interviews and updates, visit Proactive's YouTube channel. Don’t forget to like this video, subscribe to the channel, and enable notifications to stay updated with future content. #TeamInternet #DomainBusiness #Colombia #MichaelRiedl #TLD #ICANN2026 #DomainGrowth #TechnologyNews #COdomain #InvestorUpdates #Proactive
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  • NOA Lithium Brines targets Q3 PEA for Rio Grande Project in Argentina

    NOA Lithium Brines targets Q3 PEA for Rio Grande Project in Argentina
    Jun 17 2025
    NOA Lithium Brines CEO Gabriel Rubacha joined Steve Darling from Proactive to provide an important update on the company’s flagship Rio Grande lithium project, located in Salta, Argentina—one of the world’s most prolific lithium-producing regions. As NOA approaches a key milestone, Rubacha outlined the company’s progress and strategic vision for unlocking value in the global energy transition. Since its TSX Venture Exchange listing in March 2023, NOA Lithium has focused its exploration efforts on three projects within the Salta region, with Rio Grande as the cornerstone of its development strategy. The company published its maiden resource in February 2024 and expanded it in July of last year. The current resource estimate stands at 4.7 million tonnes of lithium carbonate equivalent (LCE) with an impressive average concentration of 525 mg/L, placing it among the higher-grade brine projects in the region. Rubacha emphasized that the Rio Grande resource is particularly attractive due to its undeveloped status, lack of royalties, and absence of restrictive agreements, providing NOA with considerable flexibility in how it structures and advances the project. The company has engaged engineering and project management firm Hatch to lead the Preliminary Economic Assessment (PEA), which is expected to be completed in the third quarter of 2025. The study will assess a two-stage production plan aimed at ultimately producing up to 40,000 tonnes of LCE annually. Importantly, NOA has opted for conventional lithium brine processing methods rather than Direct Lithium Extraction (DLE), a decision that Rubacha says lowers technical and operational risk as the project moves toward development. #proactiveinvestors #noalithiumbrinesinc #tsvx #noal #LithiumBrines #RioGrandeProject #LithiumExploration #SaltaArgentina #LithiumPEA #BatteryMetals #CriticalMinerals #HatchPEA #TSXV #LithiumMarket #MiningStocks
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  • Oriole reports more high-grade gold results at Mbe gold project in Cameroon

    Oriole reports more high-grade gold results at Mbe gold project in Cameroon
    Jun 17 2025
    Oriole Resources PLC (AIM:ORR) CEO Martin Rosser talked with Proactive's Stephen Gunnion about the latest drilling results from the Mbe South target. Rosser explained that hole 12, the focus of the announcement, intersected significant gold mineralisation, starting from just 2.4 metres below the surface. He noted, "It includes an excellent 21.3 metres at 1.61 grams per tonne gold." Further high-grade intercepts were also reported, such as 2.5 metres at 10.31 grams per tonne gold. Rosser added that subsurface mineralisation now extends over a strike length of at least 200 metres, a width of up to 400 metres, and to a vertical depth of at least 290 metres. Importantly, the mineralised system remains open in all directions and at depth. The maiden drilling program is now almost 70% complete, with 15 holes drilled. Results for hole 13 are anticipated by late this quarter or early Q3. Rosser stated that once received, an independent consultant will prepare a JORC exploration target estimate in Q3, offering guidance on the resource potential. A maiden pit-contained JORC code mineral resource estimate is also expected in Q4. Rosser also reminded shareholders of the company's AGM scheduled for Wednesday, 25th June. For more interviews and company updates, visit Proactive's YouTube channel. Don’t forget to like this video, subscribe to the channel, and enable notifications for future content. #OrioleResources #GoldExploration #MbeSouth #DrillResults #JORC #MiningUpdate #ResourceEstimate #GoldMining #InvestorNews #ProactiveInvestors
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  • Hercules sees 18% revenue jump, eyes M&A expansion

    Hercules sees 18% revenue jump, eyes M&A expansion
    Jun 17 2025
    Hercules PLC CEO Brusk Korkmaz and CFO Paul Wheatcroft take Proactive's Stephen Gunnion through the company’s financial performance, strategic decisions, and growth outlook within the UK infrastructure sector. Korkmaz reported that Hercules achieved record revenue of £54.60 million in the first half of the year, marking an 18% year-on-year increase. "Our labour supply division delivered 31% revenue growth, driven by increased labour activity on major infrastructure projects such as Sizewell C and HS2," he said. The company's digital platform continues to support efficient labour deployment across its projects. Wheatcroft explained the rationale behind the sale of Hercules PLC’s suction excavator subsidiary. The business was sold for £2.3 million, eliminating 88% of the company’s debt while contributing less than 5% of revenue. The sale allowed Hercules PLC to reduce debt and lease liabilities by £9 million, freeing up capital to invest in its core labour supply operations. The company is maintaining its growth momentum through both organic expansion and acquisitions. Korkmaz highlighted ongoing efforts to support major infrastructure projects and noted a growing presence in rail, power, energy, and water sectors. A regional office has been established near Sizewell C to support long-term delivery. The Hercules Academy, located in Nuneaton, plays a key role in workforce development, having trained over 1,500 individuals since its opening in early 2024. Wheatcroft emphasised its importance, noting that "the UK will need nearly a quarter of a million additional construction workers by 2027." The recent acquisition of QTT will further enhance the company's training capacity and curriculum. Looking ahead, Korkmaz stated, "We anticipate continued momentum in the second half of this year with performance typically weighted towards the second part of the year." He expressed confidence in meeting full-year market expectations, with key priorities including scaling the labour supply division, expanding into civil frameworks, and integrating QTT into the Hercules Academy. For more insightful interviews, visit Proactive’s YouTube channel. Don’t forget to like the video, subscribe to the channel, and enable notifications for future content. #HerculesPLC #UKInfrastructure #SizewellC #HS2 #LabourSupply #InfrastructureInvestment #ConstructionTraining #MergersAndAcquisitions #QTT #HerculesAcademy #UKConstruction #ProactiveInvestors
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