Weekly Stock Market News - Issue #199

This could be the last major onshore discovery that the world sees, and it has a multi-billion boe potential. Here at Share Talk, we have been watching and with drillingRead More…

The days of offshore oil discovery are gone. One of the last times anyone was even remotely interested in one was 2017, when Repsol discovered 1.2 million barrels on Alaska’sRead More…

Bonfire night last night, where we celebrate once a year the failed attempt of regicide by Guy Fawkes against King James I by making a giant bonfire and burning aRead More…

WTI $78.81 -$2.05, Brent $80.54 -$1.45, Diff -$1.73 +60c, NG $5.72 +5c, UKNG 196.99 +3.89p By Malcolm Graham-Wood Oil price The oil price will end the week down some fourRead More…

COP26 has a blind spot. The prime ministers and corporate bigwigs gathered in Glasgow want to cut demand for the fossil fuels that constitute most of the world’s greenhouse gas emissions. ToRead More…

Ethereum (ether), and Solana set new records for cryptocurrency market capital. Bitcoin is now worth more than US giants Meta (Facebook), and Tesla, with a combined market cap exceeding $1.19tn.Read More…

Keras Resources plc (AIM: KRS) announces an update at the high-grade Diamond Creek organic phosphate mine, (Diamond Creek) in Utah, USA, owned by the Company’s 51% subsidiary, Falcon Isle HoldingsRead More…

Zak Mir takes a technical perspective on some of the most followed stocks on the London market. Today’s selection includes BT, C4X, Capital Metals, Ilika, Landore, Marechale, NetScientific, Ovoca, President,Read More…

Exploration Programme Complete, Rock Samples Sent for Rush Assay Analysis, Land Package Expanded Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its globalRead More…

The board of Quantum Blockchain Technologies (AIM: QBT) is pleased to announce that its first phase of the FPGA development has now been completed. HIGHLIGHTS Disruptive Bitcoin mining technology developmentRead More…

On November 4, 2021, representatives of Argo Blockchain (LSE: ARB; Nasdaq: ARBK) (“Argo”) held a meeting with Anthony Coyle in which they discussed Argo Blockchain’s business. During the meeting, theseRead More…

According to research, about half the world’s fossil fuel assets would be worthless in 2036 under a net transition. Countries that take too long to decarbonise their economies will be affected, butRead More…

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to announce that it has appointed Mr Brett Grist as Chief OperatingRead More…

Quantum Blockchain Technologies (QBT) announced that its first phase of the FPGA development has now been completed. The company said that its disruptive Bitcoin mining technology development is well underway.Read More…

Omega (AIM: ODX), the specialist medical diagnostics company focused on industry-leading Global Health (CD4 and COVID-19) and Health and Nutrition products, announces it will release its interim results for theRead More…

Vast Resources plc, the AIM-listed mining company, is pleased to provide the market with answers to a number of questions submitted by shareholders during recent weeks. The answers to theseRead More…

WTI $80.86 +$3.05, Brent $81.99 -$2.73, Diff -$1.13 +32c, NG $5.67 +13c, UKNG 193.1p +5.11p By Malcolm Graham-Wood Oil price Opec+ must have thought that their many prayers had beenRead More…

In a potential landmark announcement, the Irish Government has today become the first to fully publicly endorse DeepVerge’s COVID-19 Microtox® PD technology. This follows extensive due diligence and numerous siteRead More…

Zak Mir takes a charting perspective on some of the most followed stocks on the London market. Today’s selection includes AFC, Cobra, GSTechnologies, Landore, Mkango, Nuformix, Provexis, Physiomics, Webis.  Read More…

Investors were disappointed that the Bank of England held interest rates steady on Thursday. This would have meant it was not the first major central bank to raise rates followingRead More…

According to sources familiar with the matter, British lender Metro Bank Plc is being pursued by Carlyle Group Inc. for a takeover. According to people familiar with the matter, theRead More…

Kodal Minerals, the mineral exploration and development company, announces the issue of 19,583,212 new ordinary shares of 0.03125 pence each (“New Ordinary Shares”) at a price of 0.3319p per shareRead More…

Lansdowne Oil & Gas plc (AIM: LOGP), the North Celtic Sea focused, oil and gas company, welcomes the announcement today by Providence Resources P.l.c. (“Providence”) that the site survey overRead More…

Commencement of trading on the OTCQX Best Market in the United States Tirupati Graphite plc (“Tirupati’ or the ‘Company”) (LSE: TGR; OTCQX: TGRHF), the fully integrated, revenue-generating, specialist graphite producerRead More…

Government of Ireland supports DeepVerge Centre of Excellence with €750k grant in a €1.8m project to accelerate mass production of a range of Microtox®PD instruments Collaborations with Aptamer Group andRead More…

Tirupati Graphite (TGR), the specialist graphite producer and graphene and advanced materials developer, said that trading in its shares will begin today on the OTCQX® Best Market in the UnitedRead More…

Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio notes the Business Update released by First Class Metals Limited (“FirstRead More…

Following the appointment, on 28 October 2021, of Mr James (Jim) Coyle as the Company’s Independent Non-Executive Chairman. [email protected] Capital plc, the innovative fintech platform which provides the Inventory Monetisation©Read More…

Cairn Energy (CNE.L) has signed certain agreements with India that would allow for the reimbursement of taxes under a long-running, billion-dollar dispute with India. This sent the British company’s sharesRead More…

Today BBH is written summary as Zak is away on business. Asiamet (ARS): Resistance Through 3p Just in case one wanted evidence that there is a seller or two onRead More…

Mkango Resources* – Increases exposure to rare-earth magnet recycling tech Mkango’s ‘mine-refine-recycle’ strategy is gathering momentum with the increase in its equity stake in UK rare earth magnet recycling leaderRead More…

Connection to Kenya’s National Green Grid Power Supply at Kilimapesa Gold Mine Caracal Gold plc, the gold producer with operations in East Africa, is pleased to announce that it hasRead More…

Empire Metals Limited, the AIM-quoted resource exploration and development company, is pleased to announce the results of the recently completed Reverse Circulation (‘RC’) drilling programme at the Central Menzies GoldRead More…

Highlights · Mkango increases its interest in HyProMag from 25.0% to 41.6% following the exercise by HyProMag of its right to convert into shares of HyProMag the £200,000 convertible loanRead More…

Egdon Resources plc (AIM: EDR), a UK-based exploration and production company primarily focused on the hydrocarbon-producing basins of onshore UK, today announces its preliminary results for the year ended 31Read More…

Kodal completes acquisition of minority interests to become the 100% holder of the Bougouni Lithium Project Kodal Minerals plc, the mineral exploration and development company focused on the Bougouni LithiumRead More…

Empyrean Energy plc (“Empyrean” or the “Company”), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to advise that it has madeRead More…

Oracle Power (ORCP), the AIM quoted natural resources and power project developer, unveiled an updated presentation on its Western Australian gold assets. By Zak Mir  This was focused on theRead More…

Omega (AIM: ODX), the specialist medical diagnostics company focused on industry-leading Global Health (CD4 and COVID-19) and Health and Nutrition products, notes the UK Health Security Agency’s Medical Devices (CoronavirusRead More…

Two key targets with coincident bullseye magnetic and gravity features have been identified Greatland will now prioritise these targets for follow-up exploration activity Greatland Gold plc (AIM:GGP), a leading miningRead More…

WTI $84.05 +$48c, Brent $84.71 +99c, Diff -66c, +51c, NG $5.19 -24c, UKNG 171.8p -8.2p By Malcolm Graham-Wood Oil price Oil has started heading back up with a number ofRead More…

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement made today by Decklar Resources Inc. (“Decklar Resources”) in Canada. San LeonRead More…

In the past few days, many lenders have raised the price of fixed-rate mortgages. After banks raised their interest rates by three times in a week, homeowners now have toRead More…

Hostmore, the new parent company for Fridays restaurant chain, has begun trading on the London Stock Exchange. The group, which is responsible for Fridays and 63rd+1st, announced a demerger thatRead More…

Zak Mir takes a technical perspective on some of the most followed small caps on the London market. Today’s selection includes Alpha Growth, Bidstack, Blue Star, Byotrol, Dev Clever, Ethernity,Read More…

Update on UK Availability of AffiDX SARS-CoV-2 Lateral Flow Rapid Antigen Test following Implementation of CTDA Regulations Avacta Group plc (AIM: AVCT), a clinical-stage biopharmaceutical company developing innovative cancer therapiesRead More…

The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to provide an update regarding the ongoing Racecourse prospect Phase 2 drilling programme, with the completion of drillRead More…

The Group’s trading business, DevClever, is a software development company established in 2013. It has grown into a credible, recognised digital innovation brand, and has a range of blue-chip clientsRead More…

Argo Blockchain plc (LSE: ARB; NASDAQ: ARBK), (“Argo” or the “Company”), a global leader in sustainable cryptocurrency mining and blockchain, today announced its financial results for the quarter ended SeptemberRead More…

Caracal Gold plc, the gold producer with operations in East Africa, is pleased to announce an update on operations at its producing Kilimapesa Gold Mining and Processing Operations in KenyaRead More…

Gold producer Caracal Gold (GCAT), updated on operations at its producing Kilimapesa Gold Mining and Processing Operations in Kenya, where it is advancing a phased mine optimisation and expansion strategy.Read More…

The popularity of the Netflix movie “Squid Game” led to a cryptocurrency that rose 75,000%. However, links to its website, social media, and other information are now dead. This suggestsRead More…

WTI $83.57 +76c, Brent $83.72 +6c, Diff -$15c, -$1.36, NG $5.43 -35c, UKNG 180.0p -14.64p By Malcolm Graham-Wood Oil price Oil just faltered a bit last week and no greatRead More…

Union Jack Oil plc (AIM: UJO) the UK focused onshore hydrocarbon production, development and exploration company advises that a planning application for a side-track drilling operation, associated testing and long-termRead More…

Sound Energy, the energy transition company, announces that Afriquia Gaz and Sound Energy have agreed an extension to the period during which the contractual conditions precedent to the Phase 1Read More…

Zak Mir takes a technical perspective on some of the most followed stocks on the London market. Today’s selection includes Brandshield, Bidstack, EQTEC, Eurasia, Eve, Omega, Brighton, Rockfire, Trident, Tower,Read More…

After an investigation by the City watchdog into his connections to Jeffrey Epstein, a sex offender, and disgraced financier Jeffrey Epstein, Jes Staley, chief executive of Barclays is resigning. AfterRead More…

As we look ahead to this week and November brings a plethora of news and announcements with more FTSE 100 companies in focus, with British Airways owner IAG, BT andRead More…

Copper and molybdenum-bearing veins encountered in all four holes drilled Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to provide an update on itsRead More…

Powerhouse Energy Group plc, the UK technology company commercialising hydrogen production from non-recyclable plastic waste, is pleased to provide an update on its progress in the UK. The Company’s priorityRead More…

Celebrations are in order at Omega (ODX), the specialist medical diagnostics company as it announces that it has signed a partnership agreement with DAM Health Limited, one of the UK’sRead More…

MKANGO ANNOUNCES CLOSING OF TRANSACTION TO ACQUIRE 100% OF THE SONGWE HILL RARE EARTHS PROJECT AND MAGINITO London / Vancouver, November 1 , 2021 – Mkango Resources Ltd. (AIM/TSX-V: MKA)Read More…

Agreement for Omega’s Market Leading, UK Manufactured VISITECT ® COVID-19 Antigen LFT Omega (AIM: ODX), the specialist medical diagnostics company focused on industry-leading Global Health (CD4 and COVID-19) and HealthRead More…

The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are pleased to advise that Power Metal Resources Plc (“Power Metal”) (AIM: POW) has exercised the option toRead More…

Board Update The Directors of ECR regretfully inform investors that their CEO, Craig Brown, has unexpectedly passed away this weekend. At this time it is intended that a committee ofRead More…

A busy week for the small-cap market, in the spotlight were Bens Creek Group PLC (AIM :BEN), who floated on the 19th of October. Already, the share price has moreRead More…

Zak Mir takes a technical perspective on some of the most followed stocks on the London market. Today’s selection includes Gunsynd, Gaming Realms, Kavango, Kinovo, Mkango, Open Orphan, Poolbeg, Petroneft,Read More…

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 and beyond as economies recover fromRead More…

Every drug has its beneficiaries, whether they are suffering from a common chronic disease, a more severe form of cancer or a rare condition that affects 1 in 10,000 people. However,Read More…

Just hours after Wednesday’s Chancellor’s Budget, Barclays, HSBC and NatWest announced mortgage rate hikes. There were 131 deals below 1pc as of the beginning of the month. This number fellRead More…

Zak Mir is joined by Sunday Roast regulars Kevin Hornsby and Phil Carroll for more stock market banter. Stocks discussed today include Bens Creek, Caerus, Valereum, Caracal, NetScientific, Futura, Forbes,Read More…

According to company filings, Shell and BP have not paid any corporation taxes on North Sea oil and gas production over the past three years. Oil giants have a globalRead More…