Century Global Commodities CEO Sandy Chim joins Natalie Stoberman from the Proactive newsroom to share the company's financial year-end results ending on March 31, 2023.

Chim says the company has made significant progress in its main business of iron ore development in Canada, particularly at its flagship Joyce Lake project. Chim explains the project has undergone a comprehensive feasibility study, reflecting cost inflation and new operational designs.

Additionally, Chim says the company has achieved key environmental milestones, including compliance with federal guidelines and a positive review by the Canadian agency. On its Century Food business front, Chim adds that Century Global Commodities has experienced impressive growth in its food distribution unit in Hong Kong, with a 30 percent increase in top-line sales.

According to Chim, this new business unit has provided valuable cash flow to support the company's resource development projects, allowing them to progress to the definitive feasibility study stage.

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Matthew Halliday, the President and CEO of Canada Silver Cobalt Works Inc., discussed the company's ongoing activities with Proactive's Chris Rhodes.

Mentioning that they had initiated a multi-parameter airborne survey over large sections of their property in northern Ontario, Halliday stated they aimed to collect valuable data for future machine learning targeting.

Expressing confidence in the effectiveness of the survey, citing the experience of Goldspot, a company specializing in this field, he said that their goal was to gather multi-parameter information over their claim package, complementing the existing data they have from ground geophysics, geochemistry, drilling, and prospecting. With known veins and a historic mine layout, their extensive data sets will aid machine learning in identifying new targets.

Regarding assay results, Halliday discussed recent findings of gold mineralization in the southern area of their property, which was promising given the historical focus on silver and cobalt in the region. The discovery of potential gold mineralization expands the property's potential and offers opportunities to delineate new structures.

When asked about the timeframe for data processing and progression, Halliday mentioned that they are targeting the autumn season for data analysis and the availability of targeting information in September or October.

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Coro Energy PLC (AIM:CORO) Chief Financial Officer Ewen Ainsworth and Managing Director - Renewables Michael Carrington speak to Thomas Warner from Proactive London about how the South East Asian focused energy company has been performing recently.

Ainsworth says that the "key area of focus for investors at the moment is what's going to be happening in the near future" and specifically with regard Coro's Duyung PSC - a project he describes as the company's marquee asset.

He also highlights what he considers the company's "second potential value inflection event", the sale of its assets in Italy.

Carrington provides a general update on Coro's renewables transition, with specific reference to operations in Vietnam and the Philipines. He describes this period as "super exciting times" for the business "with lots happening."

The company sees gas as a crucial transitional fuel and aims to support renewable energy growth and energy security in emerging Asian markets.

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Good morning from London where FTSE 100 has started the new week by rising from Friday’s 9-month lows. The UK’s blue chip index has been under pressure lately because it contains so many stocks susceptible to general economic malaise.

One of the country’s most prominent businesses BT meanwhile is on the hunt for a new boss, after chief executive Philip Jansen confirmed he is to step down at an “appropriate moment” over the next 12 months. BT’s share price has fallen by around a third during his tenure and the company is now actively looking for a successor.

Thames Water has secured a further £750mln from shareholders as the debt-laden company works to avoid temporary public ownership. Investors had already committed to pumping in £2.5bn to the London’s water supplier between 2025 and 2030.

Britain's health regulator has approved GSK's vaccine for cold-like virus RSV, a potentially fatal condition for the elderly and young children. Its called Arexvy has been authorised in the over-60s to prevent the lower respiratory tract disease caused by RSV.

Plus 500 ticked up as the online trading group reported revenues had risen 15% over the past six months.

And finally in the small caps, Ondo InsurTech has signed a five-year-deal to supply Swedish group LFTT with its water leak prevention device.

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Great Boulder Resources Ltd (ASX:GBR) MD Andrew Paterson tells Proactive the company is looking at a suite of new targets at the Side Well Gold Project’s Ironbark prospect in WA just days after it resumed an aircore campaign. A recent sub-audio magnetics (SAM) survey — executed over a 2-kilometre zone at the heart of Ironbark’s 87,000-ounce gold deposit — suggests potential for strike extensions to Ironbark’s northeast.

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Alkane Resources Ltd (ASX:ALK) MD Nic Earner tells Proactive the company continues to explore at Tomingley both within its approved mining areas and regionally. He says they uncovered gold at several regional prospects within seven kilometres of the Tomingley processing hub soon after regional drilling kicked off in early 2023.

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Forrestania Resources Ltd (ASX:FRS) MD Michael Anderson tells Proactive the company has expanded its lithium focus in the James Bay Region of Quebec, Canada, exercising an option and earning a 50% interest in the Hydra Lithium Project (HLP) in joint venture with ALX Resources Corp (TSX-V:AL). The Hydra Project covers eight sub-projects of a total of 293 square kilometres, with potential to grow further with additional acquisitions or staking of new claim applications.

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Kingfisher Mining Ltd (ASX:KFM) CEO James Farrell tells Proactive the company has confirmed the presence of rare earth element (REE) mineralisation at the CH8 target of the Mick Well Project, in WA while also advancing mapping and sampling for a lithium exploration program on the tenure. KFM has confirmed the presence of a large-scale carbonatite intrusion (a type of geology prospective for REEs) at both the CH8 and CH11 targets at Mick Well with geological mapping and sampling.

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Metal Hawk Ltd (ASX:MHK) managing director Will Belbin joins Proactive’s Elisha Newell to discuss precious, base and critical minerals exploration in WA. Metal Hawk is focused on defining and proving up discovery prospects, and Belbin says the company’s recently acquired Yarmany nickel-lithium camp complements its Goldfields portfolio. MHK is also on the lookout for rare earths at its Fraser South tenement and has laid plans to conduct follow up drilling in the near future.

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MGC Pharmaceuticals Ltd (LSE:MXC, OTC:MGCLF, ASX:MXC) chief commercial officer Robert Clements speaks to Thomas Warner from Proactive after the Europe-based plant-inspired medicine company announced it has secured a US$1mln order from AMC Pharma for ArtemiC, an anti-inflammatory that is also shown to provide benefits to Covid sufferers.

Clements gives an overview of the order and of the ArtemiC product, explaining that its "the OTC form of CimetrA, which is under development as an FDA new drug indication file."

In March 2023, MGC Pharma revealed that ArtemiC had gained a spot on the National Drug Code Database as an OTC Unlicensed Drug, approved by the US FDA.

Clements says that "we are pushing on as fast as we can and I think you'll hear more good news about some aspects of one or more of those products in the weeks and months ahead."

MGC Pharmaceuticals says on its website that ArtemiC has been tested for safety and efficacy in a double-blind, placebo-controlled clinical trial of 50 patients diagnosed with COVID-19.

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