Weekly Stock Market News - Issue #249

Another busy week across the mining resources sector, here is our weekly recap. Author @ZaksTradersCafe Vast Resources plc (VAST) achieved a 20% increase in overall ore production at Baita Plai duringRead More…

It is time to reexamine the question of whether social media companies should be responsible to recommend content to users. A few weeks ago, the US Supreme Court decided toRead More…

This week we were reminded that in politics there are certain rules to follow: never do what you said you would do – especially when it would help the electorate.Read More…

The fight to become the third UK Prime Minister, plus key macro data and central bank rate increases. The investment calendar for the week will focus on the US techRead More…

Three RAF airfields hosted Typhoon and Lightning fighter planes. One pilot described the experience as “fantastic”. In the largest-ever mass firing of short-range, advanced air-to-air missiles, RAF jets destroyed 53Read More…

As the assistants escorted Mr Hu, President Xi Jinping’s immediate predecessor, he appeared confused and disoriented. He refused to leave, and he retreated to his seat. China’s former president HuRead More…

According to the RAC, Sadiq Khan’s decision of expanding his low-emission zone has been costing London drivers an additional £385,000 per day. Transport for London’s coffers has grown by £93.6mRead More…

Twitter shares have fallen sharply after reports that US authorities are looking into national security concerns over Elon Musk’s purchase of the social media company. Twitter plunged 16% in NewRead More…

The City watchdog will fine Barclays £50m for failing to disclose hundreds of millions of pounds of fees paid to Qatari companies during an emergency fundraising campaign during the financialRead 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, ARC Minerals, Baron Oil,Read More…

Vast Resources plc, the AIM-listed mining company, is pleased to announce a 20% overall increase in Q3 production from its Baita Plai Polymetallic Mine (‘Baita Plai’) in Romania. As outlinedRead More…

Q3 2022 Operational Results London, England – Newfoundland and Labrador, Canada – Rambler Metals and Mining plc (AIM: RMM) (“Rambler” or the “Company”), a copper and gold producer, explorer, andRead More…

France, Portugal, and Spain announced Thursday that they would build a sea-based pipe to transport hydrogen and gas from Barcelona to Marseille. This will replace plans to extend the MidCatRead More…

CleanTech Lithium (CTL), a company involved in the exploration and development of three lithium projects in Chile, announced the successful completion of the Placing and Retail Offer. The Fundraising raisedRead More…

London, October 21st, 2022 . Orosur Mining Inc. (“Orosur” or the “Company”) (TSXV/AIM:OMI), is pleased to announce an update on the progress of exploration activities at the Company’s flagship AnzáRead More…

Sondrel (Holdings) plc, the fabless semiconductor business providing turnkey services in the design and delivery of ‘application specific integrated circuits’ (“ASICs”) and ‘system on chips’ (“SoCs”) for leading global technologyRead More…

The directors of Thor Mining Plc (“Thor”) (AIM, ASX: THR, OTCQB: THORF) are pleased to announce that Nicole Galloway Warland, Managing Director, will hold a project update presentation and liveRead More…

21 October 2022 – Poolbeg Pharma (AIM: POLB, OTCQB: POLBF), a clinical stage infectious disease pharmaceutical company with a capital light clinical model, announces that its management and business developmentRead More…

Power Metal Resources PLC (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces a drilling update from the Molopo Farms Complex Project (“MolopoRead More…

Andrei Yakunin is the son of Vladimir Yakunin the Russian Railways boss. He is the seventh Russian to have been arrested for illegal flight or unauthorised photography. After Moscow invadedRead 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, Alkemy Capital Investments, BaronRead More…

Elon Musk stated that he and other investors are “obviously paying” for Twitter Inc. Tesla Inc. Chief Executive Officer said that he was “excited” about Twitter’s situation, describing it asRead More…

Open Orphan plc (AIM: ORPH), (to be renamed hVIVO plc (AIM: HVO) effective 26 October 2022), a rapidly growing specialist contract research organisation (CRO) and world leader in testing infectiousRead More…

Greatland Gold (GGP), a mining development and exploration company, announced it has been awarded a grant from the Western Australian Government to co-fund exploration drilling and mobilisation costs at itsRead More…

“Opportunistic attempt to gain control without paying a control premium” As announced on 17 October 2022, the Board of Reabold received a letter from Pershing Nominees Limited (“Pershing”), which ownsRead More…

IOG plc (“IOG”, or “the Company”), (AIM: IOG.L), the Net Zero UK gas and infrastructure operator focused on high return projects, announces the following Board and executive changes. After nearlyRead More…

Botswana focussed metals exploration company Kavango Resources plc (LSE: KAV) (“Kavango”) is pleased to announce an operational update from the Company’s Kalahari Copper Belt (“KCB”) project area. Following the interpretationRead More…

Greatland receives a grant of up to A$220,000 (£120,000) under the Western Australian Government’s Exploration Incentive Scheme Grant to be used to co-fund exploration at Greatland’s 100% owned Ernest GilesRead More…

Synergia Energy Ltd (the “Company” or “Synergia”) is pleased to announce the following update with respect to its Cambay India operations. The Company has been analysing and optimising the C-77HRead More…

WTI (Nov) $82.82 -$2.64, Brent (Dec) $90.03 -$1.59, Diff -$7.21 +$1.05. Author @mgrahamwood USNG (Nov) $5.74 -25c, UKNG (Nov) 196.47p -22.08p, TTF (Nov) €117.675 -€4.32. Oil price Oil fell sharplyRead More…

As the UK seeks to plug its funding gap, there are growing concerns in London regarding higher taxes being imposed upon banks. Banks are concerned by Chancellor Jeremy Hunt’s claimRead More…

7digital, Warner Music Group and Merlin will expand music experience on Pinterest platform 7digital (AIM: 7DIG), the global leader in B2B end-to-end digital music solutions, is pleased to announce itRead 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, Baron Oil, Bezant Resources,Read More…

thyssenkrupp Uhde Appointed for Green Hydrogen Project to Undertake Technical & Commercial Feasibility Study for Green Hydrogen and Green Ammonia Plant Oracle Power PLC, the international natural resources project developer,Read More…

In a landmark ruling by the Advertising Watchdog, HSBC was accused of misleading consumers and greenwashing its reputation. Advertising Standards Authority (ASA), stated that HSBC made unqualified claims and omittedRead More…

IOG plc (“IOG”, or “the Company”), (AIM: IOG.L), the Net Zero UK gas and infrastructure operator focused on high return projects, provides a Phase 1 operational update. Headlines: – DrillingRead More…

SALE OF ADELINE PROJECT FOR CASH AND SIGNIFICANT STAKE IN CANADIAN EXPLORER Chesterfield Resources plc is pleased to announce that it has signed an Agreement with Pacton Gold Inc. (“PAC.V”)Read More…

The newsflow appears to be accelerating at Chaarat Gold (CGH), the AIM-quoted gold mining company with an operating mine in Armenia, and assets at various stages of development in theRead More…

Further to its announcements of 18 October 2022, in which the Board of Shanta Gold Limited (“Shanta”) confirmed that it has received approaches from Shandong Gold Group Co., Ltd (“Shandong”),Read More…

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce results from a re-assay of selected diamond drill core from theRead More…

Union Jack Oil plc (AIM: UJO) a UK focused onshore hydrocarbon production, development and exploration company, announces that in accordance with the terms of the loan facility and charge agreementsRead More…

Iran promised to supply Russia with surface-to-surface missiles in addition to more drones. This is a move likely to anger the United States and other Western countries. On Oct. 6,Read More…

WTI (Nov) $85.46 -15c, Brent (Dec) $91.62 -1c, Diff -$6.16 +14c. Author @mgrahamwood USNG (Nov) $5.99 -46c, UKNG (Nov) 218.55p -18.45p, TTF €122.0 -€12.49. Oil price Not much to addRead More…

Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces the quarterly business update for shareholders. Paul Johnson, Chief ExecutiveRead More…

Bezant (AIM: BZT), the copper-gold exploration and development company, notes that earlier today Caerus Mineral Resources plc (“Caerus”) issued an RNS announcement in relation to its intention to terminate theRead 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…

Video footage shows a huge tear and twisted metal, with much of it missing or buried beneath the seabed. New underwater images show that 50m of Nord Stream 1’s pipelineRead More…

Ithaca Energy Announces Intention to Publish a Registration Document and Expected Intention to Float on the London Stock Exchange. · Ithaca Energy is a leading UK independent exploration and productionRead More…

Launch Diagnostics is a leading independent distributor in the UK in-vitro diagnostics (IVD) market Acquisition accelerates Avacta’s diagnostics strategy and is the first step in its drive towards building anRead More…

According to the International Energy Agency, gas consumption must be reduced by the Continent in order for it to remain safe & secure. The global energy watchdog warned that EuropeRead More…

The Board of finnCap notes recent speculation and confirms that it has received indicative non-binding proposals from Panmure Gordon Group Limited (“Panmure Gordon”) regarding a possible combination of the twoRead More…

TomCo Energy plc (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, announces that the Company has received a conversion noticeRead More…

Open Orphan (ORPH), (to be renamed hVIVO plc (Ticker: HVO) effective 26 October 2022), a specialist contract research organisation, announced the appointment of Stephen Pinkerton as Chief Financial Officer andRead More…

Six-month extension, all Chuditch PSC seismic reprocessing obligations met and preliminary results to be presented in October. Baron Oil Plc (AIM:BOIL), the AIM-quoted oil and gas exploration and appraisal company,Read More…

Open Orphan plc (Ticker: ORPH), (to be renamed hVIVO plc (Ticker: HVO) effective 26 October 2022), a rapidly growing specialist contract research organisation (CRO) and world leader in testing infectiousRead More…

Energy companies with cash-strapped employees who take out Covid-style support loans this winter will have to create net zero plans. They will also be prohibited from paying dividends or bonuses.Read More…

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, announces that the Cinnabar development well in Tyler County, Texas has completed drilling. The well wasRead More…

“Opportunistic attempt to gain control without paying a control premium” Reabold announces that it has received a letter from Pershing Nominees Limited (“Pershing”), which owns approximately 6.93% of the Company’sRead 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, Adm Energy, Drumz,Read More…

Hargreaves Lansdown was sued by thousands of investors in a multimillion-pound suit for his promotion of Neil Woodford’s equity income fund. RGL, a claims management company, filed the suit inRead More…

The Board of MADE is pleased to provide an update on its formal sale process. Further to the announcement on 4 October 2022, the Board of MADE has received aRead More…

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development and production company, announces its production summary for the three months ended 30 September 2022 (“Q1” or “September Quarter”).Read More…

ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, announces that it has raised a total of approximately £725,000 through a subscription (the “Subscription”) andRead More…

Audioboom (BOOM), the leading global podcast company, provided a trading update for the quarter ended 30 September 2022. Total revenue for the nine months to 30 September of $57.1 million,Read More…

44% YTD revenue growth 125% YTD adjusted EBITDA growth 2022 contracted revenue of US$73m Audioboom (AIM: BOOM), the leading global podcast company, is pleased to provide a trading update forRead More…

MOU signed with Government of Sudan for development of Oil Sector The ultimate aim is to increase oil production by 100,000 barrels per day. Wildcat Petroleum plc (LSE: WCAT), aRead More…

MetalNRG plc (“the Company”) announces that it has received High Court’s written judgements in the Company’s application for summary judgement against BritEnergy Holdings LLP and BritNRG Ltd, the first andRead More…

As they stick themselves to the asphalt, activists vow to ignore harsher penalties for violating court injunctions. Just Stop Oil activists spray orange paint on Aston Martin showrooms in disruption.Read More…

BMW plans to end all UK production of its award-winning electric Mini and move it to China. This will severely undermine any hopes that Britain can be a global centerRead More…

Alexei Miller, Gazprom’s CEO, stated Sunday that plans to limit the price of Russian gas exports will cause supply to be halted. This is a similar threat to President VladimirRead More…

Hopefully, one day the current Wild West situation will be resolved and the cowboys will fade into the distance. Then again, it may be too much to expect that weRead More…

Perhaps the best thing about the Government’s present woes as far as small caps are concerned is that we are already bumping along the bottom, or at least hope thatRead 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, Boston International Holdings,Read More…