News

Small cap round-up: Minera IRL, Oxford Catalyst, Puricore

08 October 2007 12:35:00

Shares in Minera IRL jumped on news that the group has signed a long term mining contract with Constructores y Mineros for the Corihuarmi gold mine located in Central Peru.

The contract is for the mining, crushing and stacking on heap leach pads of 1m metric tons per annum of gold ore.

Minera said the project is fully financed from funds raised during the AIM listing.

Oxford Catalysts has entered into a memorandum of understanding with a world-leading fast moving consumer goods multinational to explore the use of its proprietary Instant Steam technology.

The agreement covers the initial stages of a development programme which includes feasibility and proof-of-concept trials, through to prototype development and product launch.

The catalyst innovator for clean fuels said that if the initial stages are successful, it could lead to its technology being used worldwide, with an initial upfront payment and ongoing royalty income on product sales.

Life science company PuriCore said the US patent and trademark office has granted a patent for its wound therapy methods.

The group's method employs hypochlorous acid at neutral or near-neutral pH to boost the healing process for wounds.

Related patents have been approved for PuriCore's technology in the UK and Europe.

Clean Air Power said higher liquefied natural gas (LNG) production in Australia could help sales of its dual-fuel technology.

The low-emission engines maker also announced that it has received approval of a further US patent for its dual-fuel technology.

All data suppied by Digital Look (15 minute delay)

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