Weekly Stock Market News - Issue #217

Zak Mir takes a charting look at some of the most followed small caps. Today’s selection includes Aminex, Castillo, Cornerstone, DeepVerge, Keras, Lansdowne, Mkango, Osirium, Pipehawk, Pembridge, Providence, Quantum.  Read More…

Next week will be a much clearer picture of the cost of Russia’s invasion of Ukraine. There is a likely sovereign default, additional emergency central bank measures, and the possibilityRead More…

Evraz announced that the entire board of directors has resigned from Russian steelmaker Evraz. With immediate effect, all non-executive directors have resigned. These include Britons Stephen Odell, Deborah Gudgeon ThisRead More…

The Russian-related losses have caused more than £13billion of losses to the largest international investment company. Blackrock stated that it had to reduce the value of Russian holdings for clientsRead More…

We kicked off the week celebrating women around the world and their achievements for International Women’s Day on Tuesday. This year’s theme was ‘Break the Bias,’ focusing on creating aRead More…

IOG plc (“IOG”, or “the Company”), (AIM: IOG.L), the Net Zero UK gas and infrastructure operator focused on high return projects, is pleased to update on gas sales arrangements andRead More…

WTI $106.02 -$2.68, Brent $109.33 -$1.81, Diff -$3.31 +87c, NG $4.63 +10c, UKNG 280.0p -70.1p By Malcolm Graham-Wood Oil price It was going to be a quiet report , oilRead More…

DeepVerge has announced a 39% increase in production orders for Modern Water equipment in Q1 2022, taking its current order book to around £5m for a range of drinking waterRead More…

The directors present their report together with the condensed interim financial report of the Group (Oilex) comprising of Oilex Ltd (the Company) and its subsidiaries for the half-year ended 31Read More…

Confiscating the assets of companies that have fled Russia after the invasion of Ukraine would shatter investor confidence for decades and take Russia back to the calamitous days of theRead 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 provide the following update onRead More…

UK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that with respect to the Company’s appeal against Surrey County Council’s refusal of planning consent for its LoxleyRead More…

There was a strong fundamental boost for DeepVerge’s (DVRG) environmental division, Modern Water, as it announced production orders up 39% in Q1, worth c£5m (Q1:2021 £3.6m) for a range ofRead More…

DeepVerge production orders up 39% worth £5m for Modern Water equipment in Q1 Additional installations and extension to wastewater COVID detection trial Multi-year serviced install and monitoring to increase equipmentRead More…

Oracle Power PLC (AIM:ORCP), the international natural resources project developer, is pleased to announce the appointment of H&P Advisory Limited, part of the Hannam & Partners group, (“H&P”) as financialRead More…

DIVERSIFYING THE RARE EARTH VALUE CHAIN FOR EUROPE’S GREEN TRANSITION – ERMA SUPPORTS MKANGO IN DEVELOPMENT OF PULAWY SEPARATION PLANT IN POLAND London / Vancouver: 11 March , 2022 –Read More…

Zak Mir takes a charting perspective on some of the most followed London small caps. Today’s selection includes Angle, Angus, Argo, Boohoo, Audioboom, Corcel, Chill, DeepVerge, Mode, Open Orphan, Powerhouse,Read More…

The Financial Conduct Authority (“the FCA”) temporarily suspends the securities set out below from the Official List effective from 10/03/2022 11:00, in order to protect investors pending clarification of theRead More…

WTI $108.70 -$15.00, Brent $111.14 -$16.84, Diff -$2.44 -$1.84, NG $4.53 u/c, UKNG 350.1p -99.9p By Malcolm Graham-Wood Oil price Oil finally fell sharply yesterday after talks of compromise reRead More…

Update on Installation Schedule at Saltfleetby Settlement of litigation and issue of equity Strategic Review & Formal Sale Process (“FSP”) Progress continues at the Company’s 51% owned Saltfleetby Gas FieldRead More…

7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, is pleased to announce it has signed a two-year contract with a new music and data platform designedRead More…

Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB; NASDAQ: ARBK), announces that Argo Helios LLC (“Argo Helios”), a wholly owned Delaware-registered subsidiary of Argo Blockchain plc, hasRead More…

Greatland Gold (GGP), mining development and exploration company, provided an exploration and development update at the Havieron gold-copper project in the Paterson region of Western Australia. By Zak Mir  TheRead More…

Growth drilling building momentum with six drill rigs now operational at Havieron, targeting extensions to SE Crescent, Eastern Breccia, Northern Breccia & regional geophysical targets Further high grade “SE Crescent”Read More…

Sovereign Metals Limited (ASX:SVM; AIM:SVML) (the Company or Sovereign) is pleased to announce that it has become a member of the UK’s Critical Minerals Association (CMA). Sovereign’s Kasiya Rutile ProjectRead More…

WTI $123.70 +$4.30, Brent $127.98 +$4.77, Diff -$4.28 +47c, NG $4.53 -30c, UKNG 450.0p -209.5p By Malcolm Graham-Wood Oil price The US confirmed that it would ban imports of RussianRead More…

Zak Mir takes a charting perspective on some of the most followed London small caps. Today’s selection includes Ascent, Borders, Europa, Igas, McBride, Petropavlovsk, Premier, Reabold, Shanta, Tlou, United OilRead More…

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) ( 88 Energy or the Company ) is pleased to report that the Arctic Fox rig commenced drilling the Merlin-2 appraisal well, located inRead More…

This has to change if traders want to be able to trust the London Metal Exchange following the insane nickel surge. Marc Rich, the famous godfather of modern commodity trading,Read More…

EVRAZ is deeply concerned and saddened by the Ukraine-Russia conflict and hopes that a peaceful resolution will be found soon. In light of recent developments in Ukraine and the ever-developingRead More…

Following completion of Hole KSZDD002 to target depth of 650m (announced 28 February), Kavango Resources plc (LSE:KAV) has redesignated the B1 Conductor as the “B1 Target Area”. The B1 TargetRead More…

Presumably flush with cash as Crude Oil is at $130, i3 Energy (I3E), an independent oil and gas company announced its monthly dividend totalling £1.1827 million. By Zak Mir PaymentRead More…

Sound Energy, the Moroccan focused upstream gas company, announces an extension to the date by which the conditions to its binding gas sale and purchase agreement (the “GSA”) in respectRead 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 announce the following update. Monthly Dividend i3Read More…

9 March 2022 – Poolbeg Pharma (AIM: POLB, ‘Poolbeg’ or the ‘Company’) a clinical-stage infectious disease pharmaceutical company with a unique capital-light clinical model, announces that its Annual Report andRead More…

EXCLUSIVE AGREEMENT TO SOURCE DEBT FOR WASTE TO ENERGY PROJECTS MetalNRG plc, (LON:MNRG), the natural resources and energy investment company, is pleased to announce that it has agreed an exclusiveRead More…

WTI $119.40 +$3.72, Brent $123.21 +$5.10, Diff -$3.81 +$1.38, NG $4.83 -18.3c, UKNG 659.5p +49.5p By Malcolm Graham-Wood Oil price The same story as yesterday except that today oil hasRead More…

Orosur has released assay results from four diamond drillholes at its flagship Anzá Project (‘the Project’) in Colombia. These include a number of very positive high-grade gold intersections – 6.06mRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection includes  Amur, Amigo, Egdon, Eurasia, Evraz, GSTechnologies, Harvest, Hurricane,Read More…

Shell, the energy giant, announced Tuesday that it would stop buying Russian oil and natural gasoline and close its service stations and aviation fuels operations in Russia. This was amidRead More…

Anglo Asian Mining PLC (“Anglo Asian” or the “Company”), the AIM-listed gold, copper and silver producer focused on Azerbaijan, asserts that the Company and its operations in Azerbaijan are unaffectedRead More…

SDX Energy Plc (AIM: SDX), the MENA-focused energy company, is pleased to announce the spudding of the SD-5X exploration well, targeting the Warda prospect in the South Disouq development lease.Read More…

GreenRoc Mining plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is delighted to announce a significant maiden ore resource (“Maiden Resource”) at theRead More…

Prospex Energy PLC, the AIM quoted investment company focused on European energy projects, is pleased to provide an update on the production strategy from its El Romeral power project nearRead More…

Something which should move the fundamental dial was news from Oxford Cannabinoid Technologies Holdings (OCTP), the pharmaceutical company. By Zak Mir It announced positive results from a pre-clinical pain studyRead More…

Volunteer Recruitment and Laboratory Facilities Expansion New facilities doubles volunteer recruitment screening capacity Changes allow for expanded business scope and laboratory services offering Open Orphan plc (AIM: ORPH), a rapidlyRead More…

Harvest to Ramp Up Production Following An Increase of Over 1,000% in Sales Orders Harvest Minerals Limited, the AIM listed fertiliser producer, is pleased to provide a trading update forRead More…

Alexander Novak, Russia’s Deputy Prime Minister, stated Monday that Russia could reduce natural gas supplies to Germany through the Nord Stream 1 pipeline. Novak stated that Russia has made unfoundedRead More…

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce updates on the 100% owned Cottesloe and Red Setter Projects (Figure 1), The Cottesloe Project is located 55 kmRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection includes Amigo, Bens, Evraz, Future, i3, Jersey, Kropz, Prospex,Read More…

Drilling Completed at Jundee East Gold Project & Drilling to Commence at Northern Zone Oracle Power PLC (AIM:ORCP), the international natural resources project developer, is pleased to announce that theRead 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 provide the following update onRead 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 its flagship project inRead More…

Caracal Gold plc, the gold producer with operations in East Africa, is pleased to announce a new addition to its Board of Directors, with the appointment of H.E. Ambassador Hon.Read More…

Galileo (GLR) added another significant string to its bow in terms of Lithium and an option granted under an agreement between BC Ventures and Cordoba Investments Limited to acquire aRead More…

Audioboom (AIM: BOOM), the leading global podcast company, is pleased to announce the continued expansion of Showcase, its automated advertising marketplace, through a strategic partnership with NZME in New Zealand.Read More…

The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to advise that independent laboratory assays have been received for drill holes BRDD-021-021 and BRDD-21-024 from the PhaseRead More…

MKANGO PRODUCES NEODYMIUM AND PRASEODYMIUM ENRICHED RARE EARTH CARBONATE FROM FINAL PILOTING AS FEASIBILITY STUDY FOR SONGWE HILL IN MALAWI NEARS COMPLETION Highlights · The final stage of hydrometallurgical pilotingRead More…

Gold is now trading at near an all-time high and looks set to continue going up as central banks and investors around the world add gold to their coffers. CaracalRead More…

Despite the geopolitical uncertainties and challenges of 2022, Clarkson, a shipping company, is expected to confirm a stronger 2021. Peel Hunt, a stockbroker, stated in a note that “we believeRead More…

Analysts predict that oil prices will rise further this week as a result of delays in the Iranian nuclear talks’ conclusion and the possible return of Iranian crude oil toRead More…

The markets fluctuated further in a week, shocked the world with Russia’s ongoing invasion of Ukraine. The Dax 30 (German stock exchange) fell 7.17% in the last five days, theRead More…