Australian miner Greatland, which operates one of Australia’s largest Gold-Copper mines, published an update this morning highlighting that it had significantly upgraded resource estimates at its Telfer and Havieron projects. With the company running a record drilling program during the current financial year, this is now seen as a world-class multi-decade mining hub and investors have reacted accordingly. The current buoyant state of metals prices is clearly pivotal here, but the Greatland share price was up 7% in early trade.
The online fashion channel Boohoo issued a full year trading statement this morning, advising that the company’s pivot to a capital and inventory lite marketplace model was progressing well. This has served to significantly drive EBITDA to levels above those which had been guided and also resulted in the FY27 outlook receiving an upgrade, too. The shift in business model also has the impact of reducing depreciation which will again bolster the financials. The Boohoo share price was 4% higher by 8.30am, having handed back some of the earlier gains.
The small cap pharma tech firm that develops lateral flow tests advised the market this morning that they had won a series of contracts worth £4.8m from a US based customer. The scope of work runs for 27 months and management note that this reinforces the company’s position “as the 'go-to' experts for the provision of end-to-end lateral flow test development and programme management”. The Abingdon Health share price was up 13% shortly after the open.
Most read news on Investegate this morning
December 2025 Group Mineral Resource Stmt. - - Greatland Gold (GGP)
Trading Statement - - Boohoo Group (DEBS)
Burford Capital Further Statement on YPF - - Burford Capital NPV (DI) (BUR)
