Proactive - Interviews for investors

Horizon Gold Ltd managing director Scott Williamson talked with Proactive about the definitive feasibility study for the company’s 100%-owned Gum Creek Gold Project in Western Australia and its planned transition from explorer to developer. The open-pit study outlines a financially robust development pathway targeting first production in the second half of 2028. Gum Creek is expected to produce an average of 98,000 ounces of gold per annum during the first five years, with total recovered production of 880,000 ounces across an initial 10-year mine life. Based on a gold price of A$5,500 per ounce, the project is forecast to generate A$1.85 billion in...

Lightning Minerals managing director Troy Brice talked with Proactive about the completion of phase-two exploration at the company’s wholly owned Warby Tungsten Project in North Queensland. The recently completed field program collected around 90 samples from priority targets as Lightning Minerals works toward identifying potential sites for an initial drilling campaign. Brice said the program had been completed ahead of schedule and under budget, with the latest geological mapping and sampling continuing to strengthen the company’s understanding of the project. Assay results are expected around mid-August. Lightning Minerals will use those results to refine its geological model and determine wher...

Axel REE Ltd (ASX:AXL) managing director Dr Patience Mpofu joined Proactive's Stephen Gunnion to discuss the company's Caladão rare earth project in Brazil and explain why its ionic clay deposit, suitable for in-situ recovery, could offer significant economic and environmental advantages over conventional mining. Mpofu outlined how the low-impact extraction process could reduce both capital and operating costs while shortening the path from exploration to production. She also explained why the absence of open-pit mining and tailings dams could make the project particularly attractive as demand for responsibly sourced critical minerals grows. The interview also covered encouraging metallurgical t...

hVIVO PLC (AIM: HVO) CEO Yamin 'Mo' Khan joined Proactive's Stephen Gunnion to discuss the company's latest trading update, highlighting a record order book of more than £65 million that supports expectations for a much stronger second half of 2026. Khan explained why first-half revenue of around £16.3 million and a modest adjusted EBITDA loss were always expected, with contract wins weighted towards the second half of the year. He said one of the company's strongest-ever periods of new business, following the launch of its integrated clinical development platform, has extended revenue visibility into 2027 and 2028. The interview also explored a 45% increase in inbound re...

Air Astana (LSELAIRA) CFO Gonçalo Pires Air Astana CFO Gonçalo Pires joined Proactive's Stephen Gunnion to discuss why the airline believes it is uniquely positioned to capitalise on the rapid growth of Central Asian aviation. Pires explained how Kazakhstan's strategic location, within reach of around half the world's population, underpins Air Astana's long-term growth strategy. He also highlighted the group's strong first-quarter performance, driven by pricing power, operational flexibility and its ability to capture passenger demand disrupted by events in the Middle East. The discussion also covered the role of low-cost carrier FlyArystan in expanding air travel across th...

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) CEO Mark Learmonth spoke to Proactive's Stephen Gunnion after the company announced what it believes is the discovery of a new ore body at its flagship Blanket Mine in Zimbabwe. Learmonth explained that drilling, initially aimed at identifying shallow oxide material suitable for low-cost heap leach processing, has instead revealed what appears to be a larger sulfide ore body extending at depth. He discussed why near-surface oxide mining could be highly economic despite contributing fewer ounces than Blanket's annual production, highlighting the lower mining costs compared with extracting ore from...

Aftermath Silver CEO Ralph Rushton joined Steve Darling from Proactive to discuss the start of new drilling campaigns at the company's Berenguela project in Peru and the Challacollo silver-gold project in northern Chile, aimed at expanding resources and testing new high-priority targets. At Berenguela, drilling has begun on the eastern edge of the current mineral resource estimate to follow up on previously identified high-grade copper mineralization. The initial program includes up to 1,000 metres of core drilling along two section lines near hole AFD139, which previously returned 69 metres grading 1.19% copper and 78 g/t silver. Rushton also highlighted hole AFD100, which delivered...

Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) president Eytan Uliel joined Proactive's Stephen Gunnion to discuss two significant developments across the company's Latin American portfolio. On Uruguay, Uliel said the exploration timetable for its AREA OFF-1 block has been extended by a year, after Chevron split its 3D seismic programme into two seasons after the government required a fishing-season break between April and October. The first season is complete and being processed, the second kicks off at year-end, with a well decision still expected around September 2027 and drilling targeted for 2028. On Argentina, Uliel revealed that Sintana...

Resolution Minerals Ltd CEO of US Operations Craig Lindsay talked with Proactive about the company securing US Federal FAST-41 Transparency coverage for its Golden Gate tungsten-gold target in Idaho. The designation is Resolution Minerals’ second FAST-41 status for the Horse Heaven critical minerals project, following the inclusion of Antimony Ridge in the program in April 2026. Both of the project’s primary development targets have therefore been prioritised for a more coordinated federal permitting process. Lindsay explained that FAST-41 is intended to reduce permitting uncertainty by establishing agreed timelines, improving coordination between government agencies and publicly tracking progress. He said the perm...

Sequoia Economic Infrastructure Income Fund (LSE: SEQI) makes loans to infrastructure companies and projects in developed markets, generating what SIMCo head of portfolio management Steve Cook describes as a strong, steady income with a stable net asset value. Cook explained to Proactive’s Stephen Gunnion that because SEQI lends rather than owns, it avoids the full risks of equity investing, while infrastructure as an asset class has historically shown low correlation to broader markets and tends to outperform during periods of turbulence such as recessions or geopolitical shocks. Cook highlighted Moody's data showing that credit losses in infrastructure are less th...

Lumos Diagnostics CEO Doug Ward joined Steve Darling from Proactive to discuss the expanding commercial rollout of the company's FebriDx rapid diagnostic test, with deployment now underway at more than 30 U.S. urgent care sites and three additional major healthcare groups advancing through clinical and economic validation. Together, the four priority healthcare accounts represent more than 430 potential locations and an estimated 2.6 million acute respiratory infection patient visits annually, supporting Lumos' strategy of targeting the 100 largest U.S. urgent care groups, which account for roughly 40% of all urgent care sites nationwide. One of the company's latest customers, a leading regional urgent...

Replenish Nutrients CEO Neil Wiens joined Steve Darling from Proactive to discuss a strategic investment agreement with SRC Agrominerals that will provide $7.5 million in growth capital while supporting the expansion of the company's production facilities in Beiseker, Alberta. Under the agreement, SRC Agrominerals will acquire an initial 19.9% equity stake in Replenish and provide an additional $7.5 million debenture investment, giving the company flexible capital to accelerate its growth plans. The partnership also includes the appointment of SRC CEO Tim Close to Replenish's Board of Directors, while Dr. David Morris, founder and chairman of Morris Group Canada, will serve as a board...

Thistle Resources Inc. CEO Patrick Cruikshank joined Steve Darling from Proactive to discuss the start of the company's 2026 antimony trenching program at its flagship Brunswick Antimony Project in New Brunswick's renowned Bathurst Mining Camp. The trenching campaign is focused on exposing the granite-sediment contact, the geological boundary that hosts the project's antimony mineralization. Excavation has been completed at the initial trench by Doucet Excavation, with work targeting both the main mineralized zone and the key structural contact to better define the extent of the mineralized system. Cruickshank said 10 samples have already been collected from Trench Area #1, representing several styles of...

Silver Range Resources CEO Mike Power joined Steve Darling from Proactive to discuss encouraging exploration results from the company's East Goldfield Project in Nye County, Nevada, where recent sampling has identified new gold-bearing targets ahead of deeper drilling. Power said the company completed a three-phase sampling program using portable diamond drills to evaluate several prospective high-sulphidation feeder structures. The objective was to determine the extent and nature of near-surface gold mineralization previously identified through surface chip and grab sampling. Results showed that two of the three mineralized ledges tested are auriferous and warrant further exploration. Historical work suggests that much...

Iofina PLC (AIM:IOF, OTC:IOFNF) president and CEO Dr Tom Becker joined Proactive to discuss record first-half iodine production and the path towards 2,000 metric tons of annual output. Iofina produced just under 394 metric tons in the first half, up 29% year-on-year, driven by plant expansion and continued operational execution. The near-term focus is IO#12, the company's first Permian Basin plant, expected to open late in Q3 with annual capacity of 170-220 metric tons — larger than its Oklahoma operations and a key part of the next growth phase. Increased water availability at IO#11 is expected to add further production. On demand, Be...

Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) managing director and CEO Craig Nicol joined Proactive's Stephen Gunnion to discuss record sales, new production capacity and the company's plans for modular factory expansion. June was a record month, with more than A$400,000 in orders spread across multiple products, companies and countries. with repeat distributor purchases giving Nicol confidence that the momentum can be sustained. The newly commissioned Gen 2.0 graphene production plant has increased production yield by approximately 20 times compared with previous technology, with the next six months focused on optimising yield, confirming quality and commissioning a tail gas power-generation system. ...

London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) chairman David Lenigas joined Proactive's Stephen Gunnion to discuss the Black Star gold project and the company's growing Nevada portfolio. Black Star is London BTC's fourth Nevada project, with surface sampling returning gold grades of up to 16 grams per tonne and silver of around 50 grams per tonne. Lenigas said the results are particularly encouraging given that the mineralisation occurs at surface and the project has seen little modern exploration. "Our philosophy here is to build this up the value chain," he said, with laboratory results pending across all four projects. On the...

Oakmount & Partners Ltd Managing Director and CEO Glenn King discusses the company's expanding range of proprietary bond products and its strategy for long-term growth. Following the successful completion of its £6 million Series One property bond, King outlines plans for two larger listed offerings: a £500 million care and social housing bond and a digital asset AI tech infrastructure reserve bond, which will begin with a £6 million raise before scaling up. The interview explores why Oakmount is focusing on the infrastructure supporting AI—including power, cooling and data centres—rather than AI companies themselves, and how the company is building relationships with wealth...

Polar Capital Global Financials Trust (LSE:PCFT) fund manager Tom Dorner joined Proactive's Stephen Gunnion to discuss the outlook for global financial stocks, recent portfolio moves and the impact of AI across banking and insurance. Dorner said higher, more normalised interest rates have supported stronger returns on equity across the sector after years of near-zero rates. During recent volatility, the trust reduced some European bank exposure and used put options for protection — but also took advantage of weakness to buy UK motor insurer Admiral and Asian banking group Standard Chartered. On AI, Dorner pushed back against indiscriminate market reactions, arguing th...

Kodal Minerals PLC (AIM:KOD) CEO Bernard Aylward discusses the latest progress at the Bougouni lithium project in Mali, where production, exports and cash generation continue to gather pace. Despite a temporary crushing circuit issue that impacted quarterly output, Aylward told Proactive's Stephen Gunnion that operations have returned to target levels and the mine has achieved a major milestone by making its first repayment to Kodal Mining UK, demonstrating that Bougouni is generating positive cash flow. The interview also covers strong lithium prices, regular spodumene shipments, disciplined cost control and how the operation has maintained production despite logistical challenges in...

Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0) CEO John Shaw joined Steve Darling from Proactive to discuss the company's record first-half 2026 financial results, driven by strong demand across its sustainable ingredient portfolio and continued growth in key detergent markets. The company reported unaudited revenue of $8.3 million for the six months ended June 30, 2026, representing a 72% increase over the first half of 2025 and a 46% improvement compared with the second half of 2025. Gross profit margin is expected to remain steady at 36%, reflecting effective management of raw material costs and supply chains. Growth was led by the Performance Ingredients business, which supplies the...

Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU) managing director Richard Belcher tells Proactive's Stephen Gunnion that the latest drill results from the Mushima North silver-copper project suggest a higher-grade mineralisation zone continues from the final holes of last year's programme, which delivered the project's best copper and silver intersections to date. The previous programme was cut short by the rainy season, making the confirmation of that grade continuity a significant step forward. Belcher explained that the current drilling programme is focused on infilling the existing exploration target to achieve the data density needed to advance to a JORC...

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) CEO Mark Learmonth joined Proactive's Stephen Gunnion with an encouraging production update from the Blanket Mine in Zimbabwe. Gold output rose to 17,360 ounces in Q2, up 18% from 14,767 ounces in Q1, as the company made progress in restoring access to higher-grade mining areas. Grades have been improving steadily since January, averaging 2.88 grams per tonne in Q2 and tracking at around 3.05g/t so far in July — a level Learmonth expects to hold for the rest of the year. Full-year guidance of 72,000 to 76,500 ounces remains firmly in place, with production expected to be...

ReconAfrica CEO Brian Reinsborough joined Steve Darling from Proactive to discuss preliminary production testing results from the Kavango West 1X discovery well, where the company has successfully produced hydrocarbons to surface during testing of the Elandshoek formation. Production testing began on June 8, 2026, with the company completing tests on the three lowest zones in the Elandshoek formation. The uppermost of those zones flowed natural gas to surface during three separate flow tests, with gas samples collected for laboratory analysis while the remaining hydrocarbons were safely flared. Results from U.S. laboratory testing are expected in the coming weeks. The well's 1,657-metre...

Medicus Pharma CEO Dr Raza Bokhari joined Steve Darling from Proactive Medicus Pharma CEO Dr. Raza Bokhari joined Steve Darling from Proactive to discuss the company's receipt of written FDA feedback and central Institutional Review Board (IRB) approval, with modifications, for its optimized Phase 2 clinical trial evaluating Teverelix® in men following a first episode of acute urinary retention (AUR). Bokhari said the randomized, double-blind, placebo-controlled, multicenter study, designated ANT-2111-02, will enroll approximately 126 patients to evaluate the effects of Teverelix DP, a long-acting GnRH antagonist, on prostate volume and urinary function after an initial episode of AUR. The FDA provided s...

Orthocell Ltd CEO and managing director Paul Anderson talked with Proactive about the company’s record quarterly and full-year revenue, accelerating adoption of its Remplir™ nerve repair device and the outlook for further commercial growth in Australia, the United States and other international markets. Orthocell reported revenue of A$3.8 million for the June quarter, representing a 20% increase from the March quarter and a 36% rise compared with the corresponding period last year. FY2026 revenue increased by 44% to a record A$13.2 million, supported by growing sales of Remplir and Striate+™ across domestic and international markets. Anderson said product revenue was being generated across...

Defiance Investments chief strategy officer Brendan Cavanaugh joined Proactive's Stephen Gunnion to discuss the physical infrastructure behind AI's continued expansion and why investors may be missing the bigger opportunity. Cavanaugh argued that while most investors focus on AI software and models, the current buildout represents one of the largest physical infrastructure expansions in decades — driving demand for data centres, chip fabrication facilities, grid modernisation and power generation. Electricity, he said, is now the critical constraint. "It's not compute. It's not chips. It is really the sheer demand for power that's creating this entire bottleneck in the AI space." He highlighted th...

Sprott Asset Management's Jacob White discusses why uranium mining stocks have lagged despite strengthening market fundamentals, with the long-term uranium price reaching an 18-year high. White explains how surging electricity demand from AI and data centres is reinforcing the investment case for nuclear power, while growing concerns over energy security are prompting governments to back new reactors, plant-life extensions and fuel supply. The interview also explores why utility contracting could be the next major catalyst for uranium prices after more than a decade of underbuying, and why White believes the gap between uranium equities and market fundamentals may not last. ...

Nine Mile Metals CEO Patrick Cruickshank joined Steve Darling from Proactive to discuss encouraging results from drill hole DDH WD-26-03 at the company's Wedge Mine project, where drilling continues to expand copper-rich volcanogenic massive sulphide (VMS) mineralization. Cruickshank said the hole successfully intersected pyrite and chalcopyrite mineralization between 212.95 and 338.20 metres, extending mineralization identified in the previous WD-26-02 drill hole. The hole encountered multiple favourable geological units, including chlorite-altered sediments associated with sulphide mineralization—an important indicator of VMS footwall alteration. A significant felsic volcanic sequence also hosted widespread pyrite and chalcopyrite mineralization, along with traces of arsenopyrite, a re...

Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to discuss the launch of the enterprise pilot program for KraftyLab Intelligence™, an AI-powered workforce intelligence and employee engagement platform designed to help organizations better understand and support their employees. Gappelberg said the platform combines workforce data, employee feedback, onboarding, training, leadership development, engagement programs, and workforce analytics into a single AI-powered software environment. The goal is to transform workforce information into actionable insights that improve employee engagement and organizational performance. Management believes businesses are increasingly seeking solutions that go beyond collecting employee data by using artificial intelligence to ge...

Coinsilium Group (AQSE:COIN) CEO Eddy Travia joined Proactive's Stephen Gunnion alongside Predictive Labs CEO Johann Evrard to discuss the company's increased investment in Predictive Labs and the launch of Nijinn, a discovery terminal for prediction markets. Evrard explained that Nijinn is a data aggregation product rather than a trading platform — it doesn't handle money or execute trades. Instead, it sits above multiple prediction-market venues, pulling together pricing, fees and resolution rules into a single interface. "We turn all that noise into a clear signal," he said. The whitelist opens next month, followed by a free tier in September and a...

Helium One Global Ltd (AIM:HE1) CEO Lorna Blaisse and chairman Clive Carver joined Proactive's Stephen Gunnion to discuss the company's first helium sale from the Galactica project in the US and the next phase at Southern Rukwa in Tanzania. Blaisse described the sale as transformational: "We have now very much moved beyond being a pure explorer and are now an exploration and production company." Multiple wells are tied into the Galactica facility, which is moving towards continuous 24/7 operations, with a short-term offtake agreement in place and longer-term supply discussions ongoing. The joint venture is also assessing opportunities to monetise...

Talga Group Ltd (ASX:TLG, OTCQX:TLGRF, FRA:TGX) managing director Mark Thompson joined Proactive's Stephen Gunnion to discuss the company's first commercial shipments of Talnode-C and what the milestone means for Western battery supply chains. Thompson explained that graphite-based anode material is the largest component of lithium-ion batteries, yet commercial production outside Asia remains extremely limited. Talga's vertically integrated operation combines its Swedish graphite mine with downstream purification, shaping and coating — producing foreign entity of concern-free material and offering customers a genuine alternative to Chinese supply. "This is very significant because not only is Talga listed on the stock ex...

CVC Income & Growth (LSE:CVCG) lead fund manager Pieter Staelens joined Proactive's Stephen Gunnion to discuss the company's European credit strategy and how it generates regular income and capital appreciation. The strategy invests in a diversified portfolio of European sub-investment-grade corporate debt, focusing primarily on senior secured floating-rate loans and bonds near the top of a company's capital structure, backed by corporate collateral. "Our core objective is to deliver regular resilient income, with an element of capital appreciation," Staelens said. The fund operates two sleeves: a performing credit sleeve that buys loans at par and collects coupons, and a credit...

Galliford Try (LSE:GFRD) CFO Kris Hampson joined Proactive's Stephen Gunnion to discuss the company's full-year 2026 trading update, with adjusted profit before tax expected to reach the top end of market expectations at £53 million on revenue growth of approximately 3%. Hampson attributed the performance to disciplined project selection, strong execution, improved commercial terms and a growing contribution from higher-margin specialist businesses. "Our adjusted profit before tax will be at the top end of market expectations, or £53 million, well ahead of the revenue growth, which is exactly the story that we want to be telling," he said. Average monthly cash rose 21% during th...

Blockmate Ventures Inc (TSX-V:MATE, OTCQB:MATEF, FRA:8MH) chairman Domenic Carosa joined Proactive's Stephen Gunnion to discuss the company's C$1 million capital raise and plans for its Wyoming AI Data Center project. Carosa said the funds will advance the proposed facility towards "shovel-ready" status over the next six to twelve months, with directors participating in 29% of the raise — a sign, he said, of the group's conviction in the project. The site covers approximately 100 acres, with zoning work underway with the local city as a key near-term milestone. The company is in discussions with potential partners, including hyperscalers and neoclouds, wh...

Kingfisher Mining Ltd managing director Chris Bittar talked with Proactive about the latest high-grade copper-gold drilling results from the company’s Copper Blow project near Broken Hill, New South Wales. Reverse circulation drilling in the project’s North Zone returned a standout intersection of 26 metres at 2.57% copper and 0.75 g/t gold from 73 metres. This included 13 metres at 4.07% copper and 1.20 g/t gold, with a higher-grade interval of 4 metres at 7.06% copper and 2.38 g/t gold. A second drill hole intersected 43 metres at 1.32% copper and 0.32 g/t gold from surface, including 17 metres at 2.46% copper and 0.60 g/t gold from 16 metres. Bittar said the...

Solis Minerals CEO Mitch Thomas talked with Proactive about the start of diamond drilling at the company’s wholly owned Mandacaru Lithium Project in Brazil and the exploration milestones expected across its wider portfolio. Thomas said Solis Minerals had moved quickly from acquiring the Brazilian project package to beginning drilling, with the company now testing what it considers its highest-priority lithium target. The initial campaign comprises approximately 10 diamond drill holes for a total of 2,000 metres. The program is targeting an approximately 800-metre-long lithium-caesium-tantalum pegmatite corridor identified at surface. Drilling is designed to assess the continuity and geometry of the pegmatites an...

Recce Pharmaceuticals Ltd CEO James Graham talked with Proactive about the company’s strengthened intellectual property position in Southeast Asia following the grant of a Vietnamese patent covering its RECCE® 327 and RECCE® 529 synthetic anti-infective candidates. The Family 4 patent, granted by the Intellectual Property Office of Vietnam, provides protection until 2041 and represents the eighth patent secured by Recce Pharmaceuticals within this patent family. Graham explained that the patent covers the preparation and manufacture of the company’s compounds, as well as the use of R327 and R529 in the treatment of bacterial, viral and other infectious diseases. Discussing the significance of the aw...

American Resources Corp CFO Kirk Taylor joined Steve Darling from Proactive to discuss the company's $25 million investment from the U.S. Department of War's Economic Defense Unit, in partnership with the Office of the Under Secretary of War for Acquisition and Sustainment, to expand domestic critical mineral refining at ReElement Technologies' Marion, Indiana campus. Taylor said the funding will support the installation of additional refining equipment, new production lines, and working capital to accelerate commercial production of high-purity rare earth elements and defense-critical minerals. The expanded facility will process both primary and recycled feedstocks, including end-of-life permanent magnets, to produce...