Weekly Stock Market News - Issue #198

It’s been another busy week across London’s junior mining sector. Eurasia Mining PLC (AIM:EUA) has announced that a potential buyer for most of its assets located in Russia has completedRead More…

The best mortgage interest rates could increase by next year, as lenders pull the best deals from the market to counter inflationary fears. Brokers warn that record-low interest rates enjoyedRead More…

COP26 is due to begin at the end of next week in Glasgow where world leaders will meet and decide upon policies that will affect our planet. It is expectedRead More…

Caracal Gold plc, the gold producer with operations in East Africa, is pleased to announce its results for the six months ended 30 June 2021. Chairman’s Report Caracal Gold PLCRead More…

WTI $82.81 +15c, Brent $84.32 -26c, Diff -$1.51 -41c, NG $5.78 -42c, UKNG 194.64 -1.36p (Dec) By Malcolm Graham-Wood Oil price Not much more to add for this week andRead More…

Acquisition of Bhukia JV Partner & Proposed Equity Issue The Board of Panthera is pleased to announce that its subsidiary, Indo Gold Pty Limited (“IGL”), has entered into various agreementsRead More…

Bens Creek Group Plc (AIM: BEN), the owner of a metallurgical coal mine in North America, is pleased to announce that its wholly owned subsidiary Ben’s Creek Operations LLC (“BCO”)Read More…

Power Metal Signs Revised Agreement to Acquire 100% Ownership of First Development Resources Australia with Exploration Interests in the Paterson Region of Western Australia Power Metal Resources plc (LON:POW), theRead More…

Zak Mir takes a charting perspective on some of the most followed small caps on the London market. Today’s highlights include Bens, Carclo, Coro, Eurasia, Lamprell, Mycelx, Panthera, Phoenix, Quantum,Read More…

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to report the Company has successfully completed an initial downhole electromagnetic (“DHEM”)Read More…

Award of Well Management Services Contract for Cambay field, India development Oilex Ltd (Oilex or the Company) is pleased to announce the execution of a well management contract with aRead More…

Tirupati Graphite plc, the fully integrated, revenue-generating, specialist graphite producer and graphene and advanced materials developer, announces the publication of its inaugural Sustainability Report. Setting out the Company’s sustainability strategyRead More…

Longboat Energy, the emerging full-cycle North Sea E&P company with a portfolio of significant, near-term, low-risk exploration assets, announces a minor oil discovery with the Mugnetind exploration well in licenceRead More…

The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to advise that independent laboratory assays have been received from two further drill holes (BRDD-21-010 and BRDD-21-013) completedRead More…

Xtract Resources (XTR), said that independent laboratory assays have been received from two further drill holes (BRDD-21-010 and BRDD-21-013) completed on the Phase 2 diamond drilling programme at the RacecourseRead More…

Final Wallal Exploration Licence Granted in the Paterson Region of Western Australia – Entire Wallal Project now Granted Power Metal Resources plc (LON:POW), the London listed exploration company seeking large-scaleRead More…

Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, provides an update related to the land positionRead More…

THR Highlights Outlook for December Quarter 2021 GOLD Ragged Range, Pilbara region, WA Australia · Maiden RC drilling program commenced (11 October 2021), · Infill soils define eight continuous gold anomalies supportedRead More…

Zak Mir takes a technical perspective on some of the most followed small caps on the London market. Today’s selection includes Accelr8, Argo, Chaarat, DeepVerge, Eurasia, GSTechnologies, I-nexus, Microsaic, Novacyt,Read More…

WTI $82.66 -$1.99, Brent $84.58 -$1.82, Diff -$1.92 +17c, NG $6.20 +32c, UKNG 196.0p -23.11p By Malcolm Graham-Wood Oil price Oil fell yesterday after the EIA inventory stats echoed theRead More…

Unaudited results were reported by the company, but its shareholders lost out due to their large payday. After raking in $3.4bn the previous quarter, shareholders lost $477m during the period.Read More…

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces an update on EP 145 situated in the Amadeus Basin in central Australia. Exploration activitiesRead More…

DeepVerge has today announced a significant further step toward it becoming a key supplier to a national long-term COVID early-warning solution. Being part of an as yet unnamed government’s COVIDRead More…

Havieron continues to improve with the best gram-metre intercept to date at 120.4m @ 10.0g/t Au & 0.66% Cu (HAD117W6) Growth Drilling beneath the existing South-East Crescent Resource demonstrates increasingRead More…

Unlocking the Anchois Gas Development Chariot (AIM: CHAR), the Africa focused transitional energy company, is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with a leadingRead More…

Eurasia Mining Plc (“Eurasia” or the “Company”), the palladium, platinum, rhodium, iridium and gold producing company, is pleased to announce an update on the potential asset sale. Summary Highlights: ·Read More…

It would appear that things are certainly getting warmer as far as Eurasia Mining (EUA) and the long-awaited potential asset sale. By Zak Mir Further to the proposal from theRead More…

Resolution to grant planning consent for gasification facility at Deeside Project and Collaboration Agreement with Anaergia Inc. EQTEC plc (AIM: EQT), a world-leading gasification solutions company building the future ofRead More…

CAMBAY FIELD, ONSHORE GUJARAT, INDIA » The Company is focussing on re-establishing a field program including a re-frac of the existing C-77H well to increase production and to develop aRead More…

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce the Company has been awarded an Environmental Management Plan thatRead More…

Zak Mir takes a look at some of the most followed small caps on the London market. Today’s selection includes Asiamet, Chariot, i3 Energy, Katoro, Marechale, Omega, Quantum, Tower, UnitedRead More…

Two sources familiar with BP’s trading results stated that BP’s trading team earned at least $500million in the third quarter 2021. This was due to a gas crisis that leftRead More…

Power Metal Resources Australia Pty Limited Lodges Applications Covering 1,994Km2 and Targeting Olympic Dam Style Mineralisation in the Gawler Craton, South Australia Power Metal Resources PLC (LON:POW) the London listedRead More…

LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces its results for the six-month period ended 30 June 2021Read More…

WTI $84.65 +89c, Brent $86.40 +41c, Diff -$1.75 -48c, NG $5.88 -2c, UKNG 219.11p -7.47p By Malcolm Graham-Wood Oil price Oil was firm again yesterday but the reasons were thinRead More…

Castillo Copper (ASX/LON: CCZ) to undertake comprehensive site visit to test all known pegmatites at Picasso Lithium Project. Further to the announcements of 29 September 2021, 7 October 2021 andRead More…

Katoro to Seek Admission to the Standard List of the London Stock Exchange for the Blyvoor Joint Venture (the “Project”) Katoro Gold plc (AIM: KAT), the AIM listed gold andRead More…

A cryptocurrency company is poised to buy the Gibraltar Stock Exchange, GXS. Valereum Blockchain, a Gibraltar-based Blockchain technology group, has agreed to acquire 80 per cent of the GSX. ValereumRead More…

Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage solutions provider with ownership of high-grade assets in South Africa, is pleased to announce theRead More…

Phoenix Copper Ltd (AIM: PXC; OTCQX: PXCLF), the AIM quoted USA focused base and precious metals emerging producer and exploration company, is pleased to announce that it has entered intoRead More…

Pires (PIRI) underlined that even relatively small investments can go on to much greater things with its latest announcement regarding Admix, the In-Play monetisation company which Pires is invested inRead More…

Union Jack Oil plc (AIM: UJO) the UK focused onshore hydrocarbon production, development and exploration company, is pleased to offer an update in respect of ongoing operations and landmark netRead More…

Oil prices climbed to new multi-year highs Tuesday thanks to a shortage of oil worldwide and strong demand from the United States, which is the largest consumer in the world.Read More…

Facebook announced that it would spend a lot on its metaverse division, which it will separate from the larger company. The tech giant, which announced its third-quarter earnings, said itRead More…

Exploration Crews Mobilise, Historic Data Compilation Underway Produces Significant New Findings – Additional Staking Completed Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries acrossRead More…

WTI $83.76 u/c, Brent $85.99 +46c, Diff -$2.23 +46c, NG $5.90 +62c, UKNG 226.58p -6.31p By Malcolm Graham-Wood Oil price Oil remains quiet, a modest gain by Brent on WTIRead More…

Zak Mir takes a technical perspective on some of the most followed small caps on the London market. Today’s selection includes Asimilar, Dev Clever, Falanx, Galileo, Ironveld, Love Hemp, Marechale,Read More…

Caracal Gold plc, the gold producer with operations in East Africa, is pleased to announce the release of its updated corporate presentation today, which is now available on its website:Read More…

Caerus Mineral Resources (LON: CMRS), the exploration and resource development company focused on developing mineral resources in Europe to support the global “Clean Energy” initiative, is pleased to provide shareholdersRead More…

KP Fértil® FY21 Sales Target Exceeded Harvest Minerals Limited, the AIM-listed remineraliser producer, is pleased to announce that it has exceeded its total FY21 sales target of 80,000 tonnes ofRead More…

Tern Plc (AIM:TERN), the investment company specialising in the Internet of Things (“IoT”), is pleased to provide an update on the recent activities of the Company and its portfolio companies.Read More…

i3 Energy (I3E) delivered a Q3 operational and financial update, interestingly after being a firm market yesterday. The key here was being able to raise guidance at the independent oilRead More…

i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to provide the following update. Highlights: · Q3Read More…

MetalNRG plc, (LON:MNRG), the natural resources and energy investment company, is pleased to provide an update on progress being made on the recommissioning of EQTEC Italia MDC waste-to-energy plant. MetalNRGRead More…

Angus Energy plc (AIM: ANGS) is pleased to share the updated Competent Persons Report (“CPR”) for the Saltfleetby Gas Field (“SGF”) which reflects the higher revenues expected from the field.Read More…

Mastercard Inc, (MA.N), announced Monday that it will allow its partners to enable their customers to buy, hold, and sell cryptocurrency using a digital wallet. It also plans to rewardRead More…

WTI $83.76 +$1.26, Brent $85.53 +92c, Diff -$1.77 -34c, NG $5.28 +16c, UKNG 232.89p +9.15p By Malcolm Graham-Wood Oil price Oil is modestly better again this morning after last  week’sRead More…

After the global rise in gas prices, Oil giants like Shell and BP expect to make huge profits. New data shows that petrol prices are at an all-time high, havingRead More…

LONDON, Oct 25 (Reuters) – Oil prices extended pre-weekend gains on Monday to hit multi-year highs, lifted by tight global supply and strengthening fuel demand in the United States andRead More…

Zak Mir takes a technical perspective on some of the most followed stocks on the London market. Today’s selection includes Allergy, Amigo, Kefi, Longboat, Oracle, Oriole, Quantum, Synairgen, Starcom, Tower,Read More…

Vast Resources plc, the AIM-listed mining company, announces an update on its producing Baita Plai Polymetallic Mine (‘Baita Plai’) in Romania, financing developments and on its interests in Zimbabwe. BaitaRead More…

Next week promises to be busy on the reporting front and with the UK Budget. This week will be jam-packed with company updates during the busiest part of results seasonRead More…

Panthera Resources Plc (AIM: PAT), the diversified gold exploration and development company with assets in West Africa and India, is pleased to announce a maiden mineral resource estimate (MRE) forRead More…

ECR Minerals plc (LON: ECR), the gold exploration and development company focussed on gold exploration in Australia, is pleased to update shareholders on drilling progress at historic reserve number 4,Read More…

Green Hydrogen Co-Operation Agreement Signing Ceremony in Karachi, Pakistan Oracle Power PLC (AIM:ORCP), is pleased to share that on Saturday 23 October 2021 it was invited to a ceremonial signingRead More…

There were two RNSs from Oracle Power (ORCP): it said that on Saturday 23 October 2021 it was invited to a ceremonial signing of the non-exclusive co-operation agreement with PowerChinaRead More…

KEFI (AIM: KEFI), the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to announceRead More…

Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, provides an update on activity at its flagshipRead More…

We take a look at some of the major movements in the small caps world over the last week. Arena Events Group PLC, a turnkey event solution provider, was purchasedRead More…

Zak Mir is joined by Sunday Roast regulars Albert Arthur, Kevin Hornsby and Phil Carroll for some more stock market banter. Today’s guests are Robert McCrae and Jason Brewer fromRead More…

Greatland Gold PLC ( AIM:GGP), announced that its Juri joint venture will move to Stage 2 and Newcrest Mining Ltd could increase their total investment from A$3mln up to A$20mln. This wouldRead More…

Worldcoin is a new cryptocurrency that scans people’s eyes in order to identify them and then gives them a portion of its collectively-owned currency. According to the company, it wantsRead More…

The Telegraph can reveal that UK Chancellor Rishi Sunak will announce a multi-billion-pound increase for the NHS in addition to the £36 billion packages. Rishi Sunak is the centre of aRead More…

KARACHI: Pakistan’s first green hydrogen plant will be built in Sindh with a capacity to produce approximately 150,000kg fuel per day, it emerged on Saturday. A memorandum of understanding (MoU)Read More…