Weekly Stock Market News - Issue #240

As l have been saying the last couple of weeks, with so many basement bargain stocks around, and with resources, demand is outgrowing supplies, something has to give, sooner ratherRead More…

Sarah Bentley, Thames Water’s boss, will receive a total amount of £727,000 in two single payments. This comes within days of being criticised by the Environment Agency over the company’sRead More…

Despite it being the last week of August, and the end of summer holidays looming, there is still plenty of financial news to satisfy hungry investors. A few big economicRead More…

Cineworld is about to file for bankruptcy following a collapse of audiences during the Covid crisis. As it fights to remain afloat, the world’s second-largest cinema chain has employed lawyersRead More…

China’s July coal imports from Russia rose 14% from one year ago to their highest level in at least five decades. This was because China purchased discounted coal, while WesternRead More…

Having had the perspective of the stock market on a daily basis for over 35 years, the ebb and flow of bull and bear markets become something which if notRead More…

Russia will stop natural gas supplies to Europe for three consecutive days at the end of the month via its main pipeline to the region, Gazprom, the state energy giant,Read More…

Learn how to use data room software effectively and get as much benefit from such tools as possible. The best data room providers help to change the approach to theRead More…

The UK’s household energy bills will rise by around 80% in October as the regulator lifts the limit on the amount suppliers can charge due to rising wholesale costs. NextRead More…

Scirocco Energy (AIM: SCIR), the AIM investing company targeting attractive assets within the European sustainable energy and circular economy markets, notes that further to its announcement on 1 August 2022.Read More…

WTI (Sept) $90.50 +$2.39, Brent (Oct) $96.59 +$2.94, Diff -$6.09 +55c. Author @mgrahamwood USNG (Sept) $9.18 -6c, UKNG (Sept) 453.50p -1.5p, TTF €241.10 +€11.25. Oil price With hardly any companyRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  FTSE 100, Bitcoin, Arrow, Kibo MobileRead More…

Greatland Gold (GGP), a mining development and exploration company, noted the release of an ASX announcement by Newcrest Mining Ltd earlier today providing an update on the Havieron Joint Venture.Read More…

The oil and gas exploration company stated that the quality of the data obtained from the well was “extremely high”. Pantheon Resources expressed its delight with the progress made byRead More…

Overview of Activities in the Quarter Sweden · Further to the award of the Exploitation Concession for Kallak North in March 2022, the Company has continued conversations with engineering consultants,Read More…

This vulnerability could allow attackers complete control over devices. Apple has warned about serious security flaws in iPhones, iPads, and Macs that could allow attackers complete control. The tech giantRead More…

Havieron Joint Venture Update Mineral Resource updated by Newcrest to 6.5Moz Au Eq consistent with Greatland’s Update from March 2022 Accelerated decline advance rate which is expected to further improveRead More…

Altona (AQSE: ANR.PL), a mining exploration company focused on the evaluation, acquisition and development of Rare Earth Elements (“REE”) mining projects in Africa, announces it has conditionally raised £1.1 million,Read More…

Argo Blockchain, a publicly traded cryptocurrency mining company, has published its first annual sustainability Report for the year 2021. According to the report, Argo was climate-positive throughout the year andRead More…

Blockchain company Valereum announced on Thursday that it would sell its bitcoin mining assets and take a 24% stake to Vinanz Ltd as part of its plans to expand theRead More…

Shares in Kavango Resources (LSE: KAV) jumped today after the company announced the much-anticipated final report for its proof-of-concept drilling campaign at its flagship Kalahari Suture Zone (“KSZ”) project inRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  FTSE 100, Bitcoin, Aminex, Aorema, AORead More…

Valereum conditionally acquires major shareholding in Vinanz Ltd In exchange for sale of Bitcoin mining assets and Bitcoin holdings Valereum is pleased to announce that, conditional only upon the listingRead More…

The Board of Vela (AIM: VELA), an AIM-quoted investing company focused on early-stage and pre-IPO disruptive technology investments, notes that St George Street Capital Ltd (“SGSC”), has today announced theRead More…

Ofgem’s director has accused Ofgem of causing harm to households by allowing a large increase in the price limit. She then quit her job. Christine Farnish, a former member ofRead More…

According to the Bundesnetzagentur energy regulator, Germany will likely miss the November target for gas storage levels. This was to avoid an energy crisis. Germany is currently in the secondRead More…

Bens Creek Group (BEN), the owner of a metallurgical coal mine in North America, announced that it has raised £6.0 million, perhaps something of a bolt from the blue. AuthorRead More…

Botswana focussed metals exploration company Kavango Resources plc (LSE:KAV) (“Kavango”) has successfully concluded its “Proof of Concept” exploration programme in the Kalahari Suture Zone (“KSZ”). This is the most comprehensiveRead More…

Synergia Energy Ltd (the “Company”) (formerly named Oilex Ltd) is pleased to announce the following update with respect to its operations in India. C-77H Update The C-77H well on theRead More…

Pantheon Resources plc (“Pantheon” or the “Company”), the AIM listed oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres adjacentRead More…

Gazprom may have to close its gas fields if it is unable to divert supplies toward China. Gazprom, Russia’s largest state gas company, has seen production drop as it triesRead More…

Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce drilling is delivering further encouraging results (Photos 1-5), with the intersection of multiple zones of quartz veining, carbonate andRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  FTSE 100, Bitcoin, Applied, Chill, Cellular,Read More…

After a brief respite, oil fell to a six-month low on Wednesday. This was after concerns over a possible global recession that could weaken demand outweighed a report showing lowerRead More…

Hydrogen Utopia International PLC (AQSE:HUI,OTCQB:HUIPF), a company pioneering non-recyclable waste plastics to hydrogen technology, is delighted to announce that its first American investor roadshow will start on the 22nd ofRead More…

Official figures revealed Wednesday that the British consumer price inflation rose to 10.1% in July. This is its highest level since February 1982. It was 9.4% in June. According toRead More…

Bidstack Group Plc (AIM: BIDS), the in-game brand activation platform, is pleased to announce the exclusive multi-year renewal of its agreement with Sports Interactive, the creator of Football Manager. ThisRead More…

Rockfire Resources plc (LON: ROCK), the gold, base metal and critical mineral exploration company, is pleased to provide the following update on the Company’s exploration activities at its 100%-owned MolaoiRead More…

boohoo (BOO) announce that it has recently made a strategic investment into Revolution Beauty Group (REVB), amounting to a direct interest as of the close on 12 August 2022 ofRead More…

CALGARY, ALBERTA (August 17, 2022) – Touchstone Exploration Inc. ( ” Touchstone “, “we”, “our”, “us” or the ” Company ” ) (TSX, LSE: TXP) is pleased to announce thatRead More…

Watches of Switzerland Group Plc will move its flagship store to a larger location in London, underscoring its belief in the strong demand for the iconic Swiss brand. Watches ofRead More…

Gazprom, a Russian state gas company, stated Tuesday that European gas prices could rise by 60% to over $4,000 per 1,000 cubic meters this winter as European exports and productionRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  FTSE 100, Bitcoin, Angle, Ascent, Bradda,Read More…

Oracle Power PLC (AIM: ORCP), the international natural resources project developer, announces that, further to its announcements of 30 March, 1 April and 11 July 2022, Oracle and Kaheel EnergyRead More…

Nine out of the 10 major banks and building societies continue to pay less than 0.5% in savers’ interest. High street banks failed to disclose the Bank of England’s recentRead More…

LifeSafe (LIFS), a fire safety technology business with innovative fire safety products, announces that it will issue its results for the six months ended 30 June 2022 in the secondRead More…

The safety inspectors have cleared Britain’s largest gas storage facility to reopen. This will allow it to begin filling up for winter within weeks. After receiving approval from the HealthRead More…

Power Metal Resources plc (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces an update in relation to the Molopo Farms Complex ProjectRead More…

Three New Mineralised Zones Identified at Homeward Bound Empire Metals Limited, the AIM-quoted resource exploration and development company, is pleased to provide an update on the reverse circulation (‘RC’) drillingRead More…

According to the Energy Information Administration (EIA), the largest shale basin in America, the Permian is expected to produce a record 5.408 billion barrels per day by next month. ProductionRead More…

Ascent Resources Plc (LON: AST), the onshore Hispanic American and European focussed energy and natural resources company, announces the formal submission of the request for arbitration against the Republic ofRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  FTSE 100, Bitcoin, Ascent, ADVFN, Cleantech,Read More…

The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to report the results of a scoping metallurgical test work programme carried out on four samples from theRead More…

UK Oil & Gas PLC (London AIM: UKOG) announces that further to the Court of Appeal’s February 2022 dismissal of the challenge by Finch on behalf of the Weald ActionRead More…

Patersons Range, Western Australia Wishbone Gold Plc (AIM: WSBN, AQSE: WSBN), is pleased to announce that a second drill rig for the Company’s Red Setter Gold-Copper Project in the PatersonsRead More…

Tirupati Graphite (TGR), the specialist graphite and graphene company, provided a progress update on three important workstreams. Author @ZaksTradersCafe First, on the installation and commissioning of the Vatomina preconcentrate plant,Read More…

AfriTin Mining Limited (AIM: ATM), an African technology-metals mining company with a portfolio of mining and exploration assets in Namibia, announces a project update on the expansion of the processingRead More…

Vast Resources plc, the AIM-listed mining company, is pleased to announce that the official opening ceremony for the Takob joint venture project at the Takob Mine in Tajikistan (“Takob ProcessingRead More…

Caracal Gold plc, the expanding East African gold producer with over 1,300,000oz JORC-compliant gold resources, is pleased to announce an update on its operations and exploration activities in Kenya andRead More…

Jersey, Channel Islands, 15 August 2022 – Serinus Energy plc (“Serinus” or the “Company”) (AIM:SENX, WSE:SEN), is pleased to announce its interim results for the six months ended 30 JuneRead More…

Gold exploration and development company Panthera Resources Plc (AIM: PAT), with assets in West Africa and India, is pleased to announce an update on its West African exploration activities. WeRead More…

While there may be some hope now for an unlikely breakout for blue chips in terms of the FTSE 100, getting back to where they were at the start ofRead More…

If France and other European countries agree on the project, a potential gas connection between France and Spain could be operational in less than one year. After Russia’s invasion ofRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is  FTSE 100, Bitcoin, Asimilar, Ascent, Atome,Read More…

Although not as prominent as the recent weeks, the coming days’ financial calendar has many A- and B list stars including Persimmon and Phoenix Group, Watches of Switzerland, Plus500, Kingspan,Read More…

Friday’s FTSE 100 index was higher than usual. This is mainly due to gains by US stocks, which were again boosted Wednesday by weaker-than-expected US inflation numbers. The UK blue-chipRead More…

Workers from nurses to barristers and dockers to posties across Britain are preparing for strikes. Since the UK inflation spiked earlier this year, there is a possibility of a “summerRead More…

With so many basement bargain stocks around, and with resources, demand is outgrowing supplies, something has to give, sooner rather than later. Here is what has made the news thisRead More…

However, the UK’s trade balance is still in trouble as foreign gas prices rise. In June, UK imports of Russian fuels fell to zero as Britain reduced Vladimir Putin’s energyRead More…