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The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News: ---------- Focus Xplore PLC - strategic energy and critical minerals exploration company with exploration programs in Ontario, Canada - Pretax loss for the six months that ended June 30 widens to £353,379 from £207,045 a year earlier, as administrative expenses increase 67% to £293,480 from £175,470. Exploration expenditure more than doubles to £59,899 against £23,001 the year before. ‘During the period, Focus Xplore made a decisive strategic entry into the critical minerals sector, securing a diverse portfolio of exploration assets in Ontario, Canada, and delivering on an ambitious exploration programme,’ says interim Chief Executive Officer Patrick Cullen. ‘We intend to build on this momentum, with plans to advance the White Pine uranium project and to follow up on early-stage work across the broader portfolio, while continuing to investigate and evaluate new opportunities in Northern Ontario and surrounding regions...Our strategy is to leverage AI technology and make it a core part of our exploration model. We’re applying AI to boost productivity, optimising field operations and reducing costs. Most importantly, we’re using AI to de-risk our decision-making process, with the overall goal of significantly increasing the probability of discovery.’ ---------- Catenai PLC - London-based digital media and technology company - Pretax loss widens to £221,308 in the six months to June 30 from £12,778 a year earlier, as revenue declines 94% to £7,600 from £124,500. Administrative expenses increase 67% to £228,994 from £137,278. Catenai in April invested £500,000 in AI firm Alludium Ltd following a fundraise, and in June launched a Bitcoin-focused treasury policy together with the business, with a proposed further £450,000 investment in Alludium. The second investment was completed in mid-July. ‘We look forward to the launch of Alludium’s platform which is timely given the strong endorsement of AI by the UK Government,’ says Catenai interim CEO John Farthing. ---------- First Class Metals PLC - London-listed gold and critical metals explorer in Ontario - Pretax loss widens to £931,314 in the six months that ended June 30 from £556,685 a year earlier. The firm continues to report no revenue, while administrative expenses increase 64% to £939,700 from £573,159. ‘The exploration results continue to validate the geological potential of the core assets, with North Hemlo and Sunbeam leading the pipeline of growth opportunities,’ says the company. ‘With targeted work programmes ready for execution and ongoing funding initiatives, the board is confident in its ability to advance the projects and deliver value for shareholders.’ First Class Metals adds: ‘The current strength in the gold price, underpinned by persistent macroeconomic uncertainty, strong central bank buying, and a tightening supply-demand balance, is creating a supportive environment for junior explorers. Historically, such conditions have driven renewed investor interest in early-stage companies with quality projects and credible exploration strategies - a dynamic that First Class Metals is well positioned to benefit from.’ ---------- Eurasia Mining PLC - Russia-focused palladium, platinum, rhodium, iridium and gold mining company - Swings to pretax profit of £6.4 million for the six months that ended June 30, from a loss of £571,703 the year before. This is driven by £7.9 million in net foreign exchange gains during the half-year, against £1.2 million a year prior. The firm reports no revenue, unchanged on-year, while administrative costs increase 35% to £1.2 million from £885,970. Investment income grows to £186,702 from £2,958. The firm completed a secondary listing on the Astana International Exchange in Kazakhstan during the half year. The six-month period ‘saw major improvements to our assets. West Kytlim mine is now in a position to significantly step up its precious metals production, while our NKT licence has been extended to allow time to apply for a production permit,’ says Executive Chair Christian Schaffalitzky, adding: ‘We will continue to work on achieving liquidity events for all shareholders.’ ---------- Copyright 2025 Alliance News Ltd. All Rights Reserved.
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