Rockfire loss narrows as expects drilling to advance in second half

Rockfire Resources PLC on Monday said it expects to be at the forefront of the critical mineral supply chain for Europe, as it posted a narrowed half-year loss.

The London-based base metal, critical mineral and precious metal miner said pretax loss was £536,087 in the six months to June 30, narrowed from £887,572 a year prior.

‘Drilling planned for the second half of 2025 is expected to see the resource category increase from Inferred to Indicated, in readiness for scoping and pre-feasibility studies. One of the outcomes from this next phase of drilling is also to establish a maiden JORC resource for germanium. This will be the only Joint Ore Resource Committee [JORC] resource of germanium in Europe, placing Rockfire at the forefront of the critical mineral supply chain for Europe,’ the company said.

Rockfire Resources shares were 0.4% lower at 0.25 pence each on Monday afternoon in London.

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