09:01 — A few more small-caps movers
Scanning the small-caps some more shows a few more early movers.
First Tin (LSE:1SN) holds a 7.0% gain at 13.375p after an updated mineral reserve estimate lifted Proved and Probable Ore Reserves by 13% to 45Mt, containing roughly 55,000 tonnes of tin, detail covered in First Tin's Taronga reserves upgrade.
Alien Metals (AIM:UFO) is up 5.29% to 0.0895p after drilling extended the silver zone at its Elizabeth Hill project.
Light Science (AIM:SAG) Technologies has slipped 5.63% to 1.51p on its interim results and trading update, which the company has framed as a springboard for a stronger second half, a thread already tracked in TickStock's coverage of the H2 rebound story.
Hamak Gold (LSE:HAMA) is 7.69% higher at 0.7p after appointing Snowden Optiro to carry out the Preliminary Economic Assessment for its Akoko oxide gold project in West Africa.
Crism Therapeutics (AIM:CRTX) has added 5.0% to 10.5p following confirmation that the site initiation visit at its lead NHS clinical trial site has completed successfully.
Caledonian Holdings (AIM:CHP) remains the session's outlier, down 24.32% at 1.4p, after confirming a £612,000 fundraising to accelerate its Aspire rollout.
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Back on the main market, the FTSE 100 remains on the back foot at 10,796, down 0.34%.
08:21 — Miners drag FTSE lower as Antofagasta, Rio Tinto sell off
The FTSE 100 opened Thursday's session slightly softer, at 10,824, down 0.08%.
Antofagasta leads the FTSE 100 fallers, down 4.31% to 3855p even after lifting its guidance range in half-year results, while Rio Tinto (LSE:RIO) is off 3.38% to 7271p despite securing a long-term power supply deal to keep its Tomago smelter running to 2038.
Greatland Gold (AIM:GGP) was down 3.32%), Wheaton Precious Metals (LSE:WPM) was 2.96% lower and Endeavour Mining (LSE:EDV) gave up 2.38%.
A lack of drama alongside Wednesday's interest rate print in the US, leaves gold on the back foot (slightly).
The price of the yellow metal eased to $4,434, down 0.74%, with the dollar index little changed at 100.022.
Away from the miners, in the small-cap market, Caledonian Holdings (AIM:CHP) plunged 24.32% to 1.4p after announcing a £612,000 fundraising to accelerate its Aspire rollout.
Oxford BioDynamics jumped 11.38% on its Dubai clinic partnership, and NeoTerra Group (LSE:TERA) was up 10.94% after reporting 85% gallium extraction in initial hydrometallurgy testing at its Monte Muambe project.
First Tin (LSE:1SN) added 7% after lifting proved and probable ore reserves at its Taronga project by 13%.
06:45 — FTSE 100 seen softer at open despite calmer volatility and firm Wall Street close
The FTSE 100 is seen softer ahead of Thursday's open, with IG's early pre-market quote marked at 10,819.9, up 27.2 points from Wednesday's close.
Wall Street's close was firmer, slightly, with the S&P 500 up 0.2% at 7,743 and the Nasdaq Composite adding 0.48% to 26,572, while the Dow Jones Industrial Average was roughly flat, down 0.07% to 53,751.
CPI landed in-line with expectations, easing inflation worries during the session, and as such the 'VIX', the CBOE Volatility Index, tumbled 5.43% to 14.45.
In Asia, Japan's Nikkei 225 climbed 1.7%, up 1,146 points to 68,670.
Brent crude, meanwhile, seen softer, slightly, down 0.43% to $87.47, with WTI off 0.53% at $82.06.
The dollar index is close to flat at 99.976, and cable is little-changed at 1.3492.
Gold has eased 0.28% to $4,455, while bitcoin has firmed 0.71% to $63,863, and ether is up 0.92% at $1,895.
London's cash open will test whether the FTSE follows the softer pre-market cash indication or converges with the firmer futures-style pricing and the calmer volatility backdrop carried over from Wall Street and Asia.
