Proactive - Interviews for investors

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By: Proactive

Welcome to the Proactive podcast channel – the destination for breaking news on growth companies and up to the minute market coverage. Here we plug you into what’s new and exciting in the world of business.

Medicus Pharma starts Phase 2 BCC trial in UAE as global clinical program builds momentum
#13373
Today at 2:54 PM

Medicus Pharma CEO Dr Raza Bokhari joined Steve Darling from Proactive to announce a major milestone for the company’s dermatology pipeline: the commencement of patient recruitment for its SKNJCT-004 Phase 2 clinical study, designed to non-invasively treat basal cell carcinoma of the skin. The trial has officially begun enrolling participants at the Cleveland Clinic Abu Dhabi, following earlier “study may proceed” approval granted by the UAE Department of Health. Bokhari explained that the study is expected to randomize 36 patients across four leading medical centers in the UAE. In addition to Cleveland Clinic Abu Dhabi, recruitment is set to begin at severa...


GoviEx Uranium on extension of Niger arbitration, Tombador transaction update
#13372
Today at 2:08 PM

GoviEx Uranium Inc head of corporate communications Isabel Vilela talked with Proactive's Stephen Gunnion about the company’s recent developments, including progress in Niger and the planned transaction with Tombador Iron. Vilela explained that GoviEx had agreed with the Republic of Niger to extend the pause in arbitration over the Madaouela Project license for another six months. She noted, “The key point here is that both parties are willing to talk and negotiate, and we want to keep the dialogue going.” Vilela emphasised that the arbitration pause remains entirely separate from the company’s deal with Tombador Iron. She also provided...


Genflow Biosciences signs CDAs for dog longevity with animal health groups
#13371
Today at 1:52 PM

Genflow Biosciences PLC CEO Dr Eric Leire joined Proactive's Stephen Gunnion with news that the company has signed confidential disclosure agreements (CDAs) with two major animal health companies. Leire explained that these discussions are significant for shareholders as they broaden the company’s market potential, provide possible early cash inflows to reduce capital needs, and validate its scientific platform. “Our core science is focused on tackling ageing and muscle loss. The same approach we use for humans has real potential for companion animals,” Leire said. He noted that the global pet market is expanding, and Genflow’s work in this area cou...


MP Evans H1 profit surges 50% on strong pricing; increases dividend 20%
#13369
Today at 1:49 PM

MP Evans Group PLC (AIM:MPE) chief executive Matthew Coulson talked with Proactive's Stephen Gunnion about the company’s strong half-year results, highlighting a 50% jump in operating profit. Coulson attributed the performance to two main drivers: improved crop mix and firm palm oil prices. “We changed the mix of crop going through our mills,” he said, noting that more of the company’s own crop—known for its superior quality and lower production cost—was processed during the period. Coulson explained that this strategy improved both margins and efficiency, enabling MP Evans to extract more oil at a lower cost base. He als...


Itaconix reports record H1 sales as it hits growth targets across all markets
#13367
Today at 1:45 PM

Itaconix PLC (AIM:ITX, OTCQB:ITXXF) CEO John Shaw takes Proactive's Stephen Gunnion through the company’s latest financial results and operational progress as it continues its push towards profitability and scale. Shaw said, “We’re going to be a large specialty ingredient company. 20 million, 40 million, 100 million. Those are our ambitions,” highlighting confidence in the company’s growth prospects through scale inhibitors and odour neutralisers used in high-performing detergents. He outlined progress against four key goals for 2025, including rebuilding the North American cleaning customer base, expanding in Europe, increasing adoption of odour neutralisers, and launching its biomaterials platform. Shaw confirmed the compan...


ATOME CEO on landmark Yara offtake deal & Villeta green fertiliser push
#13368
Today at 1:07 PM

ATOME PLC (AIM:ATOM) CEO Olivier Mussat talked with Proactive's Stephen Gunnion about the company’s landmark offtake agreement for its Villeta Project in Paraguay. The project is described by Mussat as the first industrial-scale, fully dedicated green fertiliser facility. Powered by renewable energy, it will convert green hydrogen into ammonia and ultimately produce 260,000 tons per year of calcium ammonium nitrate fertiliser. Mussat explained, “Offtake means who is going to buy your product, at what price, and for how long? Because that determines the bankability of your project.” He confirmed that ATOME has signed a ten-year take-or-pay agreement with Yara, one of...


Active Energy financial advisor Adrian Rowles on digital asset strategy
#13365
Today at 1:06 PM

Active Energy Group PLC (AIM:AEG, OTCQB:ATGVF) treasury advisor Adrian Rowles talked with Proactive's Stephen Gunnion about the company’s newly outlined digital treasury strategy and its role in supporting renewable energy operations. Rowles explained that the approach is “compliance-led and diversified, building resilience and scaling carefully,” with a clear 12 to 24-month roadmap. In the first year, the focus will be on structure and transparency, while by the second year, digital assets are expected to deliver a meaningful contribution to operational income. A portion of the company’s recent £2.50 million capital raise has been earmarked for treasury management, with around 30...


International Lithium chair on Karibib option as part of Southern Africa expansion
#13364
Today at 1:04 PM

International Lithium Corp. (TSX-V:ILC, OTCQB:ILHMF) chairman and CEO John Wisbey talked with Proactive's Stephen Gunnion about the company’s latest strategic developments, including its option to acquire Lepidico’s interest in the Karibib Lithium, Rubidium and Cesium project in Namibia. Wisbey explained that the Karibib project brings both scale and advanced development, with a feasibility study already completed in 2020. He highlighted that the resource contains significant lithium, a substantial rubidium component, and enough cesium to meet a year of global demand. “Our research shows, that was validated by some external research, shows that it's the largest declared rubidium resour...


Tonix showcases Phase 3 data for FDA-approved Tonmya at PAINWEEK 2025, eyes launch next quarter
#13363
Last Friday at 4:36 PM

Tonix Pharmaceuticals Holdings CEO Dr Seth Lederman joined Steve Darling from Proactive to share that the company presented four scientific posters at the PAINWEEK 2025 conference in Las Vegas, Nevada, showcasing robust data from two pivotal Phase 3 trials of Tonmya® for the treatment of fibromyalgia. The first study, RELIEF, was a 14-week randomized, double-blind, placebo-controlled trial, while the second, RESILIENT, served as a confirmatory efficacy and safety trial. Results across both studies demonstrated that Tonmya significantly reduced fibromyalgia-related pain while maintaining a favorable tolerability profile. Unlike conventional pain therapies, Tonmya is designed to pharmacologically target nonrestorative sleep by antagonizing receptors that r...


Arrow Exploration grows in Colombia with new finds, rising output, and 10,000 BPD production goal
#13366
Last Friday at 4:31 PM

Arrow Exploration CEO Marshall Abbott joined Steve Darling from Proactive to provide a comprehensive operational update on the company’s rapidly advancing activities in Colombia. Abbott revealed that Arrow has successfully made three new oil discoveries in the region—discoveries that have already led to the drilling of 39 development wells. He described this as evidence of the project’s “scope and repeatability,” underscoring the company’s ability to consistently replicate exploration success and swiftly convert it into production. Abbott noted that Arrow has emerged as one of the most active and dynamic operators in Colombia’s oil sector. The company is currently p...


Sigyn Therapeutics to launch multi-site trial of novel blood-filtering therapy in high-risk patients
#13362
Last Thursday at 5:42 PM

Sigyn Therapeutics, Inc. has announced plans to initiate a multi-site clinical feasibility study evaluating its breakthrough Sigyn Therapy™ in patients with high-risk cardiovascular disease, the world’s leading cause of death, according to the World Health Organization. CEO Jim Joyce told Proactive that Sigyn Therapy is a first-in-class whole-blood adsorption technology designed to be deployed on existing dialysis machines already found in hospitals and clinics worldwide. Unlike conventional approaches, the therapy is engineered to address multiple drivers of cardiovascular disease progression in a single treatment. Specific to CVD, Sigyn Therapy has been shown to reduce circulating inflammatory molecules that accelerate dise...


Happy Creek starts major drill program to expand high-grade Fox Tungsten project in British Columbia
#13361
Last Thursday at 3:58 PM

Happy Creek Minerals CEO Jason Bahnsen joined Steve Darling from Proactive to announce the commencement of a large-scale diamond drilling campaign at the company’s 100%-owned Fox Tungsten Project, located in the South Cariboo district of British Columbia. This new 2025/2026 exploration program marks an important step toward growing the project’s already impressive high-grade resource base and advancing it toward development as a key supplier of critical minerals in North America. Bahnsen explained that the company has planned up to 100 diamond drill holes totaling approximately 10,000 metres as part of this resource expansion initiative. The campaign will target several newly identified zone...


VettaFi’s Stacey Morris sees midstream growth ahead on rising LNG demand and strong free cash flow
#13360
Last Thursday at 3:30 PM

VettaFi Head of Energy Research Stacey Morris joined Steve Darling from Proactive to share her insights on the outlook for the midstream energy sector as 2025 nears its end. Morris began by defining midstream companies as the “logistics arms of the energy space,” explaining that they are primarily responsible for transporting, storing, and processing energy commodities such as oil, natural gas, and natural gas liquids. She emphasized that midstream operators are typically structured around a fee-based business model, which allows them to generate stable and predictable cash flows regardless of commodity price volatility. Morris highlighted that free cash flow generation remains a co...


Scancell CEO on 2025 milestones and road ahead
#13359
Last Thursday at 1:21 PM

Scancell Holdings PLC (AIM:SCLP, OTC:SCNLF) CEO Phillip L’Huillier takes Proactive's Stephen Gunnion through the company’s annual results and latest business update. He highlighted progress across Scancell’s clinical pipeline, particularly the SCOPE study in melanoma. L’Huillier said the trial has answered four critical questions, including product selection, target patient population, administration, and dosing schedule. The company has chosen its iSCIB1+ candidate for further development, after observing “meaningful clinical benefit comes from administering our drug on top of standard of care.” He noted that the therapy is showing strong results in patients with specific HLA haplotypes, with the abi...


ReElement, American Resources unit, secures $20M lease facility to speed rare earths, battery growth
#13357
Last Thursday at 8:25 AM

American Resources Corp Chief Financial Officer Kirk Taylor joined Steve Darling to announce that its subsidiary, ReElement Technologies Corporation, has secured a $20 million equipment leasing facility with Maxus Capital Group. The financing will support the purchase of large-scale processing equipment aimed at expanding rare earth, battery materials, and critical defense element production across ReElement’s Noblesville and Marion, Indiana facilities. ReElement’s proprietary separation and purification platform is designed to dramatically reduce capital costs, operating expenses, and chemical usage while delivering improved efficiency and scalability. The technology provides a cleaner, lower-cost method of producing ultra-high-purity materials—positioning ReElement as a pionee...


Ariana CEO on ASX listing as Australian investors eye Africa amid gold surge
#13358
Last Thursday at 8:24 AM

Ariana Resources PLC (AIM:AAU, ASX:AA2) CEO Kerim Sener talked with Proactive's Stephen Gunnion about the company’s new listing on the ASX and its strategic focus on the Dokwe gold project in Zimbabwe. Sener explained that the ASX listing comes at a time of rising gold prices and growing investor interest in the sector. He said, “The timing, as it turned out, is perfect because we're into another very significant rise in the gold price.” The listing gives the company exposure to a new pool of Australian investors who are already familiar with African exploration and development opportunities. Sener...


Sonoro Gold closes $2M oversubscribed placement to advance Cerro Caliche project toward permitting
#13356
Last Wednesday at 4:44 PM

Sonoro Gold Corp CEO Kenneth Macleod joined Steve Darling from Proactive to announce that the company has successfully closed its previously announced, oversubscribed non-brokered private placement. The financing consisted of 13,350,000 units issued at $0.15 per unit, generating total gross proceeds of CAD $2,002,500. Macleod explained that the strong investor demand, which resulted in the offering being oversubscribed, underscores the growing market confidence in Sonoro’s strategy and the value potential of its flagship asset. Net proceeds will be directed toward advancing the Cerro Caliche gold project in Sonora, Mexico, which is in the final stages of permitting for a proposed open-pit, heap le...


Gold Drill Results Boost Astral Resources' DFS Plans
#13350
Last Wednesday at 4:05 PM

Astral Resources Managing Director Mark Ducler joined Steve Darling from Proactive to provide an update about the company’s recent drill results and upcoming milestones as it moves closer to production.The company is currently active at its gold projects in the Goldfields district of Western Australia, with a focus on the Theia and Spargoville prospects. Ducler explained that Astral is progressing towards a Definitive Feasibility Study (DFS) following the release of its Pre-Feasibility Study. He noted that recent results at Spargoville, a newly acquired asset, revealed 26 metres at 2 grams per tonne under a paleo-channel, highlighting fresh rock potential. Ducler al...


Active Energy's £2.5mln raise fuels renewables push, digital treasury strategy
#13355
Last Wednesday at 3:18 PM

Active Energy Group PLC (AIM:AEG, OTCQB:ATGVF) treasury advisor Adrian Rowles talked with Proactive's Stephen Gunnion about the company’s recent oversubscribed £2.5 million capital raise and how the funds will accelerate its renewable energy infrastructure strategy. Rowles described the company’s operations as centred on three strategic pillars: solar and battery infrastructure, access to low-cost global energy, and a digital treasury strategy incorporating blockchain and crypto asset exposure. According to him, this capital injection will help Active Energy Group move forward with ten secured commercial rooftop solar and battery projects, as well as a pipeline that already exceeds 30 megawatts. A sig...


Bitcoin vs Ethereum ETPs – insights from Fineqia's Matteo Greco
#13354
Last Wednesday at 1:13 PM

Fineqia International Inc senior associate Matteo Greco talked with Proactive's Stephen Gunnion about the resilience of global exchange-traded product (ETP) assets, which held above $200 billion for the second consecutive month in August. Greco highlighted the difference between traditional finance investors and crypto-native investors, noting that ETP investors are “much less price sensitive” and provide stability to the market. He explained the recent divergence between Bitcoin and Ethereum products, attributing Ethereum’s record inflows to a temporary market phase rather than a structural shift. “It’s just a temporary shift that’s pretty typical in the market,” Greco said, adding that Ethereum’s rec...


Pan African CEO on record gold price, output & dividend
#13352
Last Wednesday at 1:11 PM

Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN) CEO Cobus Loots talked with Proactive's Stephen Gunnion about the company’s strong results for the year to June, supported by record gold production and favourable market conditions. Loots explained that the company delivered record earnings, profits and has proposed a record dividend for approval at its upcoming AGM. He noted: “We produced a record number of ounces in the second half of the financial year, record earnings and profits, and obviously proposing a record dividend.” Looking ahead, Loots outlined significant growth drivers, including the expansion of the Mogale Tailings Retrea...


Challenger Energy CEO on H1 performance and Uruguay oil progress
#13351
Last Wednesday at 1:10 PM

Challenger Energy Group PLC CEO Eytan Uliel talked with Proactive's Stephen Gunnion about the company’s interim results and progress in Uruguay. Uliel said the first half of the year was productive, with Challenger Energy completing the sale of its Trinidad and Tobago operations, advancing technical work on its Uruguay assets, and maintaining a strong cash balance. He highlighted the farm-out agreement with Chevron on the area OFF-1 block, noting: “That partnership is going fantastically well. Chevron… are the right choice for us.” The next milestone for OFF-1 is the start of 3D seismic acquisition, expected by year-end, pending environmental permits...


Gaming Realms CEO on H1 performance, Slingo growth & outlook
#13353
Last Wednesday at 1:08 PM

Gaming Realms PLC CEO Mark Segal takes Proactive's Stephen Gunnion through the company’s interim results and international expansion, with Slingo continuing to drive growth across key markets. Segal explained that international revenues now make up 61% of the business, led by the United States, which grew by 22% during the period, or 26% on a constant currency basis. Canada also delivered an 8% increase, while Italy rose 29%, demonstrating the broad appeal of Slingo. Brand licensing revenue surged more than sixfold in the half. Segal highlighted Slingo’s strength as “a very strong gaming brand in the gambling space,” noting its applications not only in i-gam...


HeLIX Exploration achieves another milestone with Rudyard drilling
#13348
Last Wednesday at 1:06 PM

HeLIX Exploration PLC CEO Bo Sears talked with Proactive's Stephen Gunnion about the company’s latest drilling results at the Rudyard field, where it has now achieved commercial flow rates over a 55-foot interval along with some of the highest helium grades to date. Sears explained that “with every well we drill on Rudyard field, we’re finding good helium-bearing gas,” and added that the Inez#1 well has delivered further valuable data for understanding deliverability components. Sears said that the company will next test the upper source river zone at Inez#1, followed by combined testing of both zones. The CEO highligh...


Accesso chief executive on H1 performance, acquisition strategy and AI opportunities
#13347
Last Wednesday at 12:59 PM

Accesso Technology Group PLC (LSE:ACSO, OTC:LOQPF) chief executive Steve Brown talked with Proactive's Stephen Gunnion about trading momentum after June’s heat-wave, the integration of recent acquisitions, upcoming AI features and how the company is thinking about capital allocation. Brown said July and August trading returned to expectations after a softer June, noting that “what we lost in June, we gained in July,” with August looking “more in line with our expectations.” He outlined how a refreshed commercial focus is improving win rates by narrowing teams onto specific products (including Paradocs, Horizon, 1RISK and Freedom) and strengthening sales enablement...


ReconAfrica signs JV in Gabon to becomes offshore operator on Block C-7 or Ngulu asset
#13349
Last Tuesday at 4:25 PM

Reconnaissance Energy Africa or ReconAfrica CEO Brian Reinsborough joined Steve Darling from Proactive to announce a transformational milestone for the company: the signing of a production sharing contract and joint venture agreement with the Republic of Gabon and the Gabon Oil Company (GOC) for the exploration, appraisal, development, and production of oil and gas on Offshore Block C-7, now officially renamed Ngulu. Under the terms of the agreement, ReconAfrica has been designated as operator with a 55% working interest. The Government of Gabon has emphasized its commitment to establishing a stable and attractive regulatory framework that supports investment and leverages the...


ACG Metals starts trading on OTCQX Best Market, building growth momentum ahead of copper expansion
#13346
Last Tuesday at 2:36 PM

ACG Metals CEO Artem Volynets joined Steve Darling from Proactive’s OTC studio in New York City to share news the company’s ordinary shares have qualified and commenced trading on the OTCQX Best Market under the ticker “ACGAF”, while continuing to trade on the London Stock Exchange. Volynets said this milestone is a key step in ACG’s strategy to broaden its international shareholder base and expand visibility among U.S. institutional and retail investors, positioning the company for its next phase of growth. ACG’s financial performance has already demonstrated strong momentum, with market capitalization doubling in the past year fr...


Pantheon drills successful Dubhe-1 lateral, boosting Ahpun resource estimate to 589M barrels
#13345
Last Tuesday at 12:09 AM

Pantheon Resources CEO Max Easley and Chief Development Officer Erich Krumanocker joined Steve Darling from Proactive to announce a major milestone at the company’s Dubhe-1 appraisal well in Alaska, where the lateral has been successfully drilled and landed in the SMD-B horizon—the primary target identified in the earlier Dubhe-1 pilot hole. The second phase of the Dubhe-1 programme involved plugging back the pilot hole and drilling a lateral sidetrack into the SMD-B zone, entering the target horizon roughly 550 feet northeast of the pilot hole. The well ultimately achieved a measured depth of 15,800 feet, with approximately 5,200 feet within the SMD...


HIVE Digital ups Bitcoin output 22% in August, hits 18 EH/s and advances 100 MW Paraguay expansion
#13344
09/08/2025

Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the company’s 22% month-over-month increase in Bitcoin production for August 2025, underscoring both the company’s operational strength and its accelerating expansion in Paraguay. Daubaras reported that HIVE mined a total of 247 Bitcoin in August, averaging more than 8 BTC per day. With the successful completion of Phase 2 of the Yguazú Project, HIVE also exceeded 18 exahash per second (EH/s) of global mining capacity. The company is now consistently producing over 8.5 BTC daily, all powered by renewable hydroelectric energy from the Itaipú Dam, one of the world’s larges...


American Resources’ Electrified Materials unveils breakthrough to recover rare earths from e-waste
#13343
09/08/2025

American Resources Corp CEO Mark Jensen joined Steve Darling to announce that its subsidiary, Electrified Materials Corporation, has developed a low-cost, scalable method to extract rare earth elements (REEs) from common e-waste—including speakers, power tools, and hard drives, even those previously shredded during data destruction. Electrified Materials is positioning itself as a cutting-edge recycler of metals and minerals for the electrified economy, specializing in transforming end-of-life products into new steel-based, battery-grade, and magnet-grade inputs. Jensen explained that the company’s mechanical separation process sorts materials based on physical properties such as density and hardness, resulting in a clean mixed rare...


FuelPositive to launch first on-farm green ammonia system in Manitoba, helping farmers cut costs
#13342
09/08/2025

to provide an update on the company’s first on-farm, containerized green ammonia production system, which is preparing for launch on a large-scale farm in Manitoba. Clifford explained that the breakthrough system is specifically designed to put farmers in direct control of their nitrogen fertilizer production, historically one of the largest and most volatile input costs in agriculture. By enabling ammonia production directly on-site, farmers can avoid exposure to global supply chain disruptions and extreme price fluctuations that often characterize commercial fertilizer markets. “This needs to sit with the farmer because ultimately they're the end user,” Clifford emphasized, noting that the sy...


North Bay Resources forms 50/50 JV on Nevada’s Silver Strike, starts exploration at historic mines
#13341
09/08/2025

North Bay Resources CEO Jared Lazerson joined Steve Darling from Proactive to announce the company has entered into a 50/50 joint venture earn-in agreement with Toiyabe Kona Exploration to advance the Silver Strike Concessions in Lander County, Nevada. The property includes several historic past-producing mines, including the X-Ray Mine, OK Mine, and Dudley-B Shaft, as well as multiple nearby workings. Lazerson noted that while the Reese River District produced significant silver during its initial operating period between 1865 and 1891, the area has not undergone systematic modern exploration or development. This lack of recent exploration creates a compelling opportunity to re-examine the district’s...


Cordiant's Speed Fibre completes BT Ireland Communications acquisition; CEO explains the benefits
#13339
09/08/2025

Speed Fibre Group CEO Peter McCarthy talked with Proactive's Stephen Gunnion about the company’s acquisition of BT Communications Ireland and what it means for its position in the market. McCarthy explained that BT Ireland had been split into three parts, with Speed Fibre acquiring BT Communications Ireland Limited. This included national ducts, fibre assets, wholesale customers, and staff. He highlighted that “we have acquired the original company, BT Communications Ireland Limited, which has all of their wholesale assets,” noting that this added around 350 to 400 enterprise customers and 270 employees to the group. The deal establishes Speed Fibre as the number two wh...


Baselode Energy finds sandstone-hosted uranium at Loki, opening new potential in Thelon Basin
#13340
09/04/2025

Baselode Energy Corp. has announced a major exploration breakthrough at its Aberdeen Project in Nunavut, where radioactivity has been discovered in the sandstone just above the unconformity at the Loki target. This marks the first documented instance of sandstone-hosted, unconformity-style uranium mineralization in the northeast Thelon Basin—a geological setting comparable to the prolific Athabasca Basin in Saskatchewan. CEO Rebecca Hunter told Proactive that drilling to date has intersected a broad and intense alteration zone extending more than 600 metres, confirming the presence of a large-scale unconformity uranium system in the region. These results significantly elevate the exploration potential of both th...


Bitcoin outlook: Bitwise’s Bradley Duke on market trends
#13338
09/04/2025

Bitwise Asset Management European head Bradley Duke talked with Proactive's Stephen Gunnion about the latest movements in the Bitcoin market, including seasonality, corporate adoption, and its relationship to global money supply growth. Duke explained that Bitcoin has historically shown seasonal trends similar to the S&P 500, with August and September often being weaker months. “It seems like it could apply to Bitcoin as well,” he said, noting that these periods may provide opportunities for investors looking to open or add to positions at more favorable prices. The interview also highlighted the increasing role of corporations in shaping Bitcoin’s price dynami...


Kodal Minerals secures key export permit for Bougouni lithium project
#13337
09/04/2025

Kodal Minerals PLC (AIM:KOD) CEO Bernard Aylward talked with Proactive's Stephen Gunnion about the company securing export permits for the Bougouni lithium project in Mali, marking a major milestone as the project transitions toward becoming a producing operation. Aylward said, “It's another step towards us being a true producer, where we're exporting our product and selling it to the end user.” He highlighted strong cooperation with the Malian government, the Ministry of Mines, the Ministry of Finance, and the local community, noting that the authorisation reflects the positive attitude toward the project. The permit allows for the export of 125,000 tonn...


Hive Digital hits 18 EH/s global Bitcoin capacity early with Phase 2 completion at Paraguay site
#13335
09/04/2025

Hive Digital Technologies has hit a major milestone in its global operations, completing Phase 2 of its Yguazú data center in Paraguay ahead of schedule and surpassing its targeted 18 exahash per second (EH/s) global Bitcoin mining capacity. Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to discuss the achievement, noting that HIVE first eclipsed its interim target of 17 EH/s, and shortly thereafter surpassed 18 EH/s, as the final ASICs were installed and fully energized at Yguazú. Since crossing the 17 EH/s threshold, the company has been consistently mining over 8 Bitcoin per day globally, with output now exceeding 8.5 Bi...


ReconAfrica advances Kavango West 1X well toward Otavi reservoir, results expected by year-end
#13334
09/03/2025

Reconnaissance Energy Africa or ReconAfrica CEO Brian Reinsborough joined Steve Darling from Proactive to provide an update on the company’s Kavango West 1X exploration well, which officially spudded in July 2025. Drilling has now advanced into the 8.5-inch hole section at a depth of approximately 1,910 metres. Reinsborough explained that the next step in the drilling program will be the installation of the final casing string at roughly 2,400 metres, after which the drill bit will enter the Otavi reservoir zone—the primary exploration target of the Damara Fold Belt Play. The company anticipates intersecting this critical zone in October 2025. The drilling prog...


Digi Power X grows digital assets, accelerates AI infrastructure with new Alabama Tier 3 facility
#13333
09/03/2025

Digi Power X Inc Edward Karr joined Steve Darling from Proactive to share a corporate update highlighting both the company’s growing digital asset portfolio and its strategic shift toward artificial intelligence (AI) infrastructure development. The update included details on operations in August and construction progress at its new Alabama AI campus. Karr reported that Digi Power X increased its Bitcoin holdings by 37% month-over-month, bringing its total to 85 Bitcoin, while Ethereum holdings nearly doubled to 1,000 ETH, collectively valued at approximately $4.4 million. During August, the company’s mining operations produced about 24 Bitcoin worth $2.6 million, contributing to a total of $3.5 million in comb...


First Phosphate advances North American LFP batteries with successful 18650 cell production, testing
#13332
09/03/2025

First Phosphate Corp. has announced a significant milestone in its mission to establish a localized lithium iron phosphate (LFP) battery supply chain in North America. CEO John Passalacqua joined Steve Darling from Proactive to share details on the company’s successful production and testing of commercial-grade LFP 18650-format battery cells made entirely from North American-sourced critical minerals. Passalacqua reported that the battery cell capacities measured during testing fully met original manufacturing specifications. Importantly, the cells demonstrated consistent retention of capacity at increasing discharge rates—an impressive result given that the production came from a small-scale development run using new materials with...