Weekly Stock Market News - Issue #248

The second-largest firm in the world generated more than £3,300 every second in “free money” Author @ABMckinley Boss Bernard Looney called BP PLC (LSE: BP) a cash machine as heRead More…

This week will be packed with quarterly updates on both sides of the pond. These include Asos, Deliveroo, Rio Tinto, Antofagasta and Netflix in London and Goldman Sachs in NewRead More…

Trade Capital UK (TCUK) Ltd offers its services under the well-established Trade.com brand through which you can enjoy the benefits of a leading trading and investing platform and up-to-date marketRead More…

According to internal documents and people familiar with the matter, Schlumberger’s Russian-based oilfield service company has begun to receive military draft notices via work. The company does not allow remoteRead More…

According to Senator Chris Coons (a close ally to President Joe Biden), the United States will likely stop arms sales to Saudi Arabia as a result of the OPEC+ decision.Read More…

WTI (Nov)  $89.11 +$1.84, Brent (Dec) $94.57 +$2.12, Diff -$5.46 +28c. Author @mgrahamwood USNG (Nov) $6.74 +31c, UKNG (Nov) 266.0p -29p, TTF (Nov) €148.895 -€13.11. Oil price Oil rose yesterdayRead More…

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce the final gold results from the 2022 drill program at theRead More…

It has been a while since we spoke with Roland, we can assure you we have asked and finally we have him on the Share talk platform. So under theRead More…

Royal Mail stated that it could have to reduce up to 10,000 jobs by August next year. This was due to strike action by workers and the continuing decline inRead More…

UK Oil & Gas PLC (AIM: UKOG) is pleased to announce that by order of the Honourable Mrs Justice Lang DBE, the High Court has rejected legal challenges by ProtectRead More…

UK Oil & Gas (UKOG) announce that the High Court has rejected legal challenges by Protect Dunsfold and Waverley Borough Council against the Secretary of State’s decision to grant planningRead More…

Marula Mining (AQSE: MARU) (“Marula”), is pleased to update the market and shareholders on the quarterly activities of the Company for the three-month period ending 30 September 2022 (the “Quarter”).Read More…

Botswana focussed metals exploration company Kavango Resources plc (LSE:KAV) (“Kavango”) is pleased to announce petrological confirmation of an Iron Oxide Copper Gold (“IOCG”) system at the Company’s Ditau Project inRead More…

Coro Energy Plc, the South East Asian energy company with a natural gas and clean energy portfolio, announces record third-quarter revenues from its Italian portfolio, alongside Q3 production and gasRead More…

WTI (Nov) $87.27 -$2.08, Brent (Dec) $92.45 -$1.84, Diff -$5.18 +24c. Author @mgrahamwood USNG (Nov) $6.43 -16c, UKNG (Nov) 295.0p +15.0p, TTF (Nov) €162.005 +€2.74. Oil price No surprise thatRead More…

In the most recent move, it has moved its banking services online. There are several branches closing in Scotland, including those in Edinburgh, Glasgow, and Aberdeen. The UK’s second-largest lenderRead 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,  Pound/Dollar, Bitcoin, Actual Experience,Read More…

On Thursday, the Norwegian police responded to a telephone threat against Nyhamna’s gas processing plant. This is one of Europe’s largest energy export facilities. This threat was made amid increasedRead More…

The International Energy Agency warned that a decision by Opec, the Saudi Arabia-led producer cartel, to reduce oil production could lead to a global recession. Opec last Wednesday defied theRead More…

CALGARY, October 13, 2022 – Arrow Exploration Corp. (AIM: AXL; TSXV: AXL) (“Arrow” or the “Company”), is pleased to provide an operations update. Operations Update Rigs and equipment are currentlyRead More…

Atlantic Lithium (ALL), the lithium exploration and development company announced the submission of the Mining Licence application with respect to the extraction of minerals from the proposed Ewoyaa Lithium MineRead More…

Powerhouse Energy Group plc (AIM: PHE), a company pioneering integrated technology which converts non-recyclable waste into low carbon energy , is pleased to provide an update on the Company’s progressRead More…

Scirocco Energy (AIM: SCIR), the AIM investing company targeting attractive assets within the European sustainable energy and circular economy markets, is pleased to provide the following update regarding the Company’sRead More…

Production of 14,309 gold equivalent ounces in Q3 2022 Cash of $15.3 million at 30 September 2022 Anglo Asian Mining plc (“Anglo Asian” or the “Company”), the AIM-listed gold, copperRead More…

Artemis Resources Limited is pleased to provide an update on a new Inferred JORC Mineral Resource at its 100%-owned Greater Carlow Project, located in the Pilbara Region of Western Australia.Read More…

Although cryptocurrencies have crashed this year, they are still a source of digital cash for hackers. According to Chainalysis Inc., at least $718 million was stolen in October alone. ThisRead More…

After OPEC+ last week announced that it would reduce its oil production target, President Joe Biden said Tuesday that “there will be consequences” for U.S.-Saudi relations. He made his announcementRead More…

Some Conservative MPs have been informed by the BBC that they are currently in negotiations with opposition parties to stop the government’s plans for fracking. MPs have not yet beenRead More…

Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces the creation of a Company Adviser Warrant Pool (the “AdviserRead More…

Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTC: ALLIF, “Atlantic Lithium” or the “Company”), the funded African-focussed lithium exploration and development company targeting to deliver Ghana’s first lithium mine ,Read 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,  Pound/Dollar,  Alkemy Capital Investments,Read More…

The Bank of England issued a new statement, confirming Andrew Bailey’s remarks last night about its end of support for pension funds on Friday. The central bank stated that otherRead More…

Jacob Rees Mogg, business secretary, has proposed a cap on the revenues of low-carbon electricity generators. This effectively amounts to a temporary tax on the sector’s profits. The government couldRead More…

Operator PERN stated Wednesday that this event will increase concerns about Europe’s energy security following the Nord Stream gas pipeline leaking. PERN stated in a statement that the cause ofRead More…

DeepVerge (DVRG) said it notes recent market speculation regarding forthcoming loan repayments and a potential equity fundraising. Author @ZaksTradersCafe The Company has been in talks with the Lenders for someRead More…

Botswana focussed metals exploration company Kavango Resources plc (LSE:KAV) (“Kavango”) is pleased to announce encouraging initial results from the Controlled-Source Audio Magnetotelluric (“CSAMT”) surveys conducted over PL082/2018 in the KalahariRead More…

Gold exploration and development company Panthera Resources Plc (AIM: PAT), with assets in West Africa and India, is pleased to announce that it has recently completed an Induced Polarisation GeophysicalRead More…

Sunrise Resources plc is pleased to announce the start of a collaborative arrangement with an existing processor of natural pozzolan for mining and test grinding of a bulk sample ofRead More…

Angus Energy Plc (AIM: ANGS), is pleased to announce that, following a scheduled maintenance shutdown last week, hourly throughput rates through the process plant (i.e. sales gas) Now exceeds ourRead More…

WTI (Nov) $91.13 -$1.51, Brent (Dec) $96.19 -$1.73, Diff -$ 5.06 -22c.  Author @mgrahamwood USNG (Nov) $6.43 -31c, UKNG (Nov) 300.0p +30.0p, TTF (Nov) €160.0 +€9.49. Oil price Oil fellRead More…

Bruno Le Maire, French Finance Minister, said Tuesday that a solution must be found to end the week-long strike at French refineries which has been affecting French petrol stations forRead 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, Dukemount Capital, eve Sleep,Read More…

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to provide an update on the second drilling rig. A contract announced onRead More…

AfriTin Mining (ATM), an African technology metals mining company, announced results for the lithium and tantalum infill drilling programme at the company’s flagship operation, the Uis Mine. Author @ZaksTradersCafe TheRead More…

Botswana focussed metals exploration company Kavango Resources plc (LSE:KAV) (“Kavango”) is pleased to announce that drilling has begun at Hole KCBRC001 within the Company’s Kalahari Copper Belt (“KCB”) project area.Read More…

Altona (AQSE: ANR.PL), a mining exploration company focused on the investment and development of Rare Earth Elements (“REE”) mining projects in Africa, is pleased to provide an update to shareholders.Read More…

Echo Energy, the Latin American-focused energy company, is pleased to provide a production update regarding its Santa Cruz Sur assets, onshore Argentina, for Q3 2022. As previously announced, the CompanyRead More…

Edenville Energy Plc (AIM: EDL) is pleased to provide an update on operations at its Rukwa Coal Project (“Rukwa”) in Tanzania. Highlights – Production recommenced at Rukwa at an initialRead More…

According to Magdalena Andersson, the Swedish Prime Minister, Sweden will not share the findings of the investigation into explosions in the Nord Stream gas pipelines with Gazprom or Russian authorities.Read More…

Britain’s mortgage prices continued to rise on Monday as Kwasi Kwarteng, Chancellor of Exchequer, prepares to address restless Tory politicians to win back trust in his economy handling. The averageRead More…

WTI (Nov) $92.64 +4.19, Brent (Dec) $97.92 +$3.50, Diff -$5.28 -69c.  Author @mgrahamwood USNG (Nov) $6.74 -23c, UKNG (Nov) 270.0p -31.16p, TTF (Nov) €150.505 -€14.14. Oil price A cracking weekRead 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, Pound / Dollar, ArrowRead More…

Power Metal Resources PLC (LON:POW), the London-listed exploration company seeking large-scale metal discoveries across its global project portfolio announces the appointment of Owain Morton as a Non-executive Director of theRead More…

Upland Resources Limited (LSE: UPL) is pleased to announce that, following the completion of the joint venture agreement between Upland’s wholly owned subsidiary Upland Resources (Sarawak) Sdn Bhd (“URS”) andRead More…

Bushveld Minerals, the AIM-quoted, integrated primary vanadium producer and energy storage solutions provider with ownership of high-grade assets in South Africa, announces that Mustang Energy Plc (Mustang; “the Company” inRead More…

CGT Trade Union representatives at TotalEnergies and ExxonMobil’s Esso France informed Reuters Monday that the strikes that hit French oil storage and refineries will continue on Monday. These strikes haveRead More…

Evgen Pharma (EVG), a clinical-stage drug development company, has licensed the global rights for lead asset SFX-01 in neurodevelopmental disorders and schizophrenia to Stalicla SA, a Swiss company specialising inRead More…

All grounds were dismissed, including the claim of state aid, apparent bias and national preference Contract Award Decisions given to Abingdon were lawful and complied with the principles of publicRead More…

The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are pleased to announce the commencement of a drilling program at the Company’s 100% owned Kelly’s Prospect withinRead More…

Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, is pleased to announce the completion of theRead More…

SFX-01 licensing deal for up to $160.5m in milestone payments expands lead asset into neurodevelopmental disorders Deal with Stalicla underpins potential of SFX-01 outside oncology and inflammation Alderley Park, UKRead More…

Europa Oil & Gas (Holdings) plc, the AIM traded UK, Ireland and Morocco focused oil and gas exploration, development, and production company, announces that the SA02 well currently being drilledRead More…

Experts say that China began to buy global PPE stocks from Australia, Europe and the USA around the same period. China started to restrict the export of personal protective gearRead More…

It was perhaps not too surprising that as we are in the vulnerable month of October, have inflation, mortgage, energy, Ukraine and UK political woes to contend with, things wereRead More…

During the week Zak was fortunate enough to bump into a stockbroker who, with more than 30 years in the saddle, can be regarded as one of the leaders inRead More…

As negotiations continue between the government and its owners over a long-term funding agreement, Britain’s Rough Gas Storage site will make little contribution to energy security this winter. Chancellor KwasiRead More…

BlueRock Diamonds PLC, the AIM listed diamond producer, which owns and operates the Kareevlei Diamond Mine (‘Kareevlei’) in the Kimberley region of South Africa, announces that Non-Executive Director Tim LeslieRead 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, Amigo Holdings, Coro Energy,Read More…

Russia suggested Friday that repairs to Crimea’s bridge could take several months following an explosion at the critical supply link, which triggered a barrage of missile strikes against Ukraine. VladimirRead More…