Weekly Stock Market News - Issue #218

Conroy Gold and Natural Resources PLC, (AIM: CGNR) soared by 52% after it announced a step-out drilling program on Clontibret’s gold target. This programme is part of a joint ventureRead More…

LONDON, March 19 (Reuters) – Former British Airways chairman Martin Broughton said his consortium bidding for English Premier League team Chelsea comprised wealthy investors from around the world, all ofRead More…

U.S. oil firms reduced the number of active U.S. oil rigs this week, even though crude prices continued to trade above $100 per barrel after Russia’s invasion of Ukraine. ThisRead More…

The GDP will plummet by 14%, which is a much greater collapse than Russia’s financial crisis or the pandemic of the late 1990s. New research shows that Russia’s economy willRead More…

Six months after being rejected by the environment regulators, Shell has presented new plans to create a large gas field in the North Sea. This will help Britain reduce itsRead More…

First NHS Deployments of the Genedrive® System for Antibiotic Induced Hearing Loss genedrive plc (AIM: GDR), the near patient molecular diagnostics company, announces that the first six installations of theRead More…

WTI $102.98 +$7.94, Brent $106.64 +$8.62, Diff -$3.66 +98c, NG $4.99 +24c, UKNG 256.2p +2.3p By Malcolm Graham-Wood Oil price A sharp rise in crude yesterday as there were admittedlyRead More…

LEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to provide the following corporate and operational updates. OfferRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London market. Today’s selection includes Arkle, Bezant, Conroy, DP Eurasia, Genedrive, Kropz, Neometals, Optibiotix,Read 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, hereby provides a further update, followingRead More…

Bezant (AIM: BZT), the copper-gold exploration and development company, further to its announcements dated 13 September 2021 and 21 October 2021 and 22 November 2021, confirms that the Mines andRead More…

Goldplat plc, the AIM listed gold producer, with international gold recovery operations located in South Africa and Ghana, is pleased to announce its unaudited interim results for the six monthsRead More…

It looks like Bezant (BZT) could do an Xtract Resources (XTR) in terms of the mining resources potential. As the copper-gold exploration and development company, confirmed that the Mines andRead More…

Further update on legal proceedings against Brit Energy Holdings LLP, Pierpaolo Rocco and BritNRG Limited MetalNRG plc (“MNRG” or the “Company”) takes this opportunity to announce a further update inRead More…

WTI $95.04 -$1.40, Brent $98.02 -$1.89, Diff -$2.98 -49c, NG $4.75 +18c, UKNG 254.0p -20.4p By Malcolm Graham-Wood Oil price Another drift yesterday but today oil prices are back upRead More…

Zak Mir takes a charting perspective on some of the most followed London small caps. Today’s selection includes Agronomics, Berkeley, Bowleven, Cap-X, DeepVerge, Eve, Osirium, Ovoca, Rambler, Reneuron, Rotala, Saietta,Read More…

London, 17 March 2022 – Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company with operations centred on the UK North Sea, provides an update onRead More…

This morning, the county council’s planning committee voted 10 to 1 to allow extraction for 20 years at Rathlin Energy West Newton-A. They also supported four additional wells, an expansionRead More…

Acquisition of engineering services company for £ 1.1 million to assemble Microtox®PD in-house £25 million mezzanine loan to support continued growth of revenues that have doubled for three successive yearsRead More…

Placing regular Predator Oil & Gas Holdings (PRD), the Jersey-based Oil and Gas company has raised just over £1m at 9p. The company said the placing reinforces its commitment toRead More…

Hurricane Energy plc, the UK based oil and gas company, provides an update on Lancaster field operations and net free cash balances as of 28 February 2022. Lancaster Field OperationsRead More…

Open Orphan distribution in specie shares and in particular some people had been concerned that they were unable to trade them. In addition, even Interactive Investors were confused and hadRead More…

Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Morocco, Ireland and Trinidad focussed on diversification and security of European energy supply inRead More…

88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) ( 88 Energy or the Company ) is pleased to report that the Merlin-2 surface hole was successfully drilled to 2,005 feet, the surfaceRead 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…

According to Fitch Ratings, Russia could default if it fails to pay the U.S. dollar coupon payments due Wednesday on its dollar debt. This grace period is a 30-day one.Read More…

Selta Project – Uranium and Rare Earth Element Target Areas Identified with Additional Tin and Lithium Prospectivity Confirmed from in-depth Project Review Power Metal Resources plc (LON:POW), the London listedRead More…

WTI $96.44 -$6.57, Brent $99.91 -$6.99, Diff -$3.47 -42c, NG $4.57 -9c, UKNG  274.4p +7.4p By Malcolm Graham-Wood Oil price Oil continued its fall yesterday as a number of storiesRead More…

Hemogenyx Pharmaceuticals plc (LSE: HEMO), the biopharmaceutical group developing new therapies and treatments for blood diseases, is pleased to announce that it has achieved proof of concept (“POC”) for itsRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection includes Amte, Amur, Berkeley, Bens, Caerus, Conroy, Eurasia, Hemo,Read More…

London, 16 March 2022 – Pennpetro, an independent oil and gas company focusing on production in the Gonzales Oil Field in Texas, USA, today announces that, through its wholly-owned subsidiaryRead More…

Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) the nickel company focused in Brazil is pleased to announce that it has signed binding loan documentation. Including a comprehensive inter-creditor agreement andRead More…

Market newbie Genflow (GENF) gets its newsflow going in earnest as it announces that its subsidiary, Genflow Biosciences SRL, has received a non-dilutive research grant award of up to €3.375mRead More…

Bezant Resources (AIM: BZT), and Caerus Mineral Resources (LON: CMRS) the exploration and resource development companies (the “Companies”) with a Joint Venture (“JV”) focused on the Troulli Mine Development ProjectRead More…

Cora Gold Limited, the West African focused gold company, announces that further to the announcement of 17 February 2022, resource drilling has now commenced at the Company’s Sanankoro Gold ProjectRead More…

Oilex Limited (Oilex or the Company) is providing the following update to its operations in India and in particular, with respect to the Cambay field development. Following the Government ofRead More…

March 15 (Reuters) – Russia plans to spend 1 trillion roubles ($9 billion) on what it refers to as anti-crisis measures, Prime Minister Mikhail Mishustin said on Tuesday, as theRead More…

WTI $103.01 -$6.32, Brent $106.90 -$5.77, Diff -$3.89 +55c, NG $4.66 -7c, UKNG 267.0p -13.0p By Malcolm Graham-Wood Oil price The mention yesterday of Covid reappearing in China has gotRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection includes Abingdon, Avacta, Cloudbreak, Gfinity, Greenroc, Genedrive, Ncondezi, Tlou,Read More…

The Directors of Thor Mining plc (AIM, ASX: THR) are pleased to announce the Company’s results for the six months ended 31 December 2021. The Company’s Half Year Report wasRead More…

Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, informs that Kurt Budge, Chief Executive Officer, has written to Minister Thorwaldsson, Ministry of Enterprise and Innovation, The GovernmentRead More…

London, UK – ValiRx Plc (AIM: VAL), a life science company focusing on early-stage cancer therapeutics and women’s health, today provides an update on operational activities and strategy. Evaluation Projects:Read More…

Microsaic (AIM: MSYS) is pleased to announce the appointment of Robert Moore as an Independent Non-executive Director of the Company, with immediate effect. Bob Moore is a UK qualified lawyerRead More…

Bezant (BZT), the copper-gold exploration and development company, updated on the Hope and Gorob drill programme targeting previously untested near-surface copper-gold mineralisation. By Zak Mir The company said the explorationRead More…

The latest drill results increase the drill-defined rutile mineralised envelope by 28% to 165km2   · Kasiya and Nsaru deposits have now coalesced into the Kasiya-Nsaru rutile deposit – a single,Read More…

United Oil & Gas PLC the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce an update on the drillingRead More…

LONDON, March 14 (Reuters) – Russian gas will continue to flow to Europe through Ukraine as long as the operators of Ukraine’s gas networks are able to function, the headRead More…

Phase 2 Tendrara Development – Pipeline Interconnection Agreement Sound Energy, the Moroccan focused upstream gas company, announces the entry of a pipeline tie-in agreement to the Gas Maghreb-Europe pipeline (theRead More…

WTI $109.33 +$3.31, Brent $113.67 +$3.34, Diff -$3.34 -3c, NG $4.73 +10c, UKNG 280.0p u/c By Malcolm Graham-Wood Oil price Last week oil fell by $6.35 for WTI and $5.44Read More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection includes  Berkeley, Bluerock, Cloudbreak, 4D, Egdon, Hemogenyx, Igas, Neometals,Read More…

Union Jack Oil plc (AIM: UJO) a UK focused hydrocarbon production, development and exploration company advises that an application to extend the existing planning to drill the North Kelsey-1 explorationRead 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 confirm First Gas from Phase 1Read More…

Panthera Resources Plc (AIM: PAT), the diversified gold exploration and development company with assets in West Africa and India, is pleased to announce an update on the Moydow Holdings LimitedRead More…

Power Metal Resources plc (‘Power Metal’ or ‘POW’) released its annual report on 3 March 2022, for the year ended 30 September 2021.  You can review this document on theRead More…

Bens Creek (AIM:BEN), the owner of a recently re-opened metallurgical coal mine in North America supplying the steel industry, is pleased to announce an update on coal production and deliveries.Read More…

One of the mysteries of life has been why cash machine Jubilee Metals (JLP) shares have not been soaring with other metals plays. This may explain the reason that ACAMRead More…

London / Vancouver: March 14 , 2022 – Mkango Resources Ltd. (AIM/TSX-V: MKA) (the “Company” or “Mkango”) is pleased to announce that its 100% owned subsidiary, Mkango UK. ls collaboratingRead More…

The Board of Shell plc (“Shell”) today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2021 interim dividend, which was announced on FebruaryRead More…

ECR Minerals plc (LON: ECR), the gold exploration and development company focussed on gold exploration in Australia, is pleased to announce a current update on drilling at HR3 including resultsRead More…

Petrol prices globally have risen above £1.60 a litre on average for the first time, as Putin’s invasion of Ukraine continues to affect the energy prices worldwide. The prices ofRead 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…

Petrol prices globally have risen above £1.60 a litre on average for the first time, as Putin’s invasion of Ukraine continues to affect the energy prices worldwide. The FTSE 100Read More…

Russia’s central bank on Saturday said it has decided not to reopen stock market trading on the Moscow Exchange from March 14-18, with the exception of some non-open-market transactions andRead More…