Weekly Stock Market News - Issue #256

A weekly round-up of the news from across the markets, geopolitics and major event in the resources space. A company rather further down the line this week was Petro Matad (MATD).Read More…

GCAT shares have fallen hard over the past year. But its $10.5 million agreement with OCIM has put it on my radar for 2023. As an afficionado of downtrodden pennyRead More…

Wickenburg, Arizona is experiencing rodeo season. Thousands of cowboys are making their way to the town for competitions and campfires. Wickenburg is America’s rodeo capital. It also serves as 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, Dax, Dow, Bitcoin, Asiamet,Read More…

Reading the headlines of strikes of some kind or the other every day this month takes me back 50 years to the early 1970s, which we seem to be repeatingRead More…

Russia could reduce its oil production to respond to the G-7 price cap, President Vladimir Putin stated. Putin stated to reporters that Moscow will announce its response in a presidentialRead More…

As forecasters warn about severe weather conditions, snow has been spotted in parts of the UK. There has been snow falling and settling in parts of Scotland, Wales, northwest England,Read More…

Emergency crews were ready to work through the weekend in order to clean up the worst crude oil spillage in the United States for nearly a decade. Workers arrived fromRead More…

Kibo Energy PLC (AIM: KIBO; AltX: KBO), the renewable energy-focused development company announce that RFC Ambrian Ltd will cease to act as nominated adviser for the Company, with its lastRead More…

Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s charts are FTSE 100, Dax, Dow, Bitcoin, Bonhill, Coro, CrimsonRead More…

Hellenic Dynamics could be at the forefront of Europe’s growing multi-billion-euro medical cannabis sector. The European cannabis market is expected to reach €37 billion by 2027, twice the size ofRead More…

Battery Energy Storage Project at Uskmouth receives conditional planning consent SAE is pleased to announce that the planned 230MW / 460MWh battery energy storage system at the Uskmouth site hasRead More…

Strike action causes festive chaos, and train chiefs fear major disruptions in the afternoon. To avoid getting stranded on December 25, passengers are advised not to travel by train afternoonRead More…

NOTICE OF TEMPORARY SUSPENSION OF LISTING FROM THE OFFICIAL LIST Argo Blockchain PLC The Financial Conduct Authority (“the FCA”) temporarily suspends the securities set out below from the Official ListRead More…

LifeSafe (LIFS), a fire safety technology business, announced the submission of UK and international patent applications for its new fire extinguishing fluid, specifically designed to tackle Lithium Thermal Runaway fires,Read More…

National Grid is available to alert households to reduce their electricity consumption in the coming days, amid a possible supply shortage. Grid operator in the country has warned that electricityRead More…

Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, is pleased to provide a November production update for itsRead More…

Ironveld (AIM:IRON) is pleased to provide updates on the acquisition of Ferrochrome Furnaces (Pty) Limited (“FCF”), the refurbishment and start up of the smelters, and on the project. Update onRead More…

Additional $1m from U.S. Department of Energy to further develop understanding of Cane Creek and overlying reservoirs Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gasRead More…

Lift Global Ventures Plc (AQSE:LFT), an enterprise company formed to identify investment and acquisition opportunities within the financial media and related technology industries, has posted, or otherwise made available, aRead More…

NOTE: I had intended to post this on Seeking Alpha, but due to the evolving nature of Pantheon and lengthy delays for new authors, I am posting here. This doesn’tRead More…

According to Carbon Tracker (a non-profit think tank), the world’s largest oil producers are spending billions on fossil fuel projects. These will be required if the world fails to meetRead More…

After four days of decline, oil rebounded on Thursday. This was aided by the hope that China’s anti-COVID measures will ease and signs that some tankers carrying Russian crude oilRead 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, Dax, Dow, Bitcoin, Chill,Read More…

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia is pleased to announce it has published an updated corporate presentation on its website.  Read More…

Judge sentences Elizabeth Holmes, a former aide to the founder of Theranos, to 15 years in prison for convincing people to trust her failed blood-testing startup. Judge Edward Davila ofRead More…

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

Research shows that more than 3 million households in the UK with low incomes cannot heat their homes due to the Arctic’s “dangerously cold” weather front. The UK Health SecurityRead More…

Kamativi Lithium Project – Reconnaissance and Follow-up Sampling Programmes Galileo Resources plc (“Galileo “or the “Company”) is pleased to provide an update on a reconnaissance mapping and sampling programme completedRead More…

Exploration decline reaches 1,000 metres milestone during November as improved ground conditions return decline back on to the current schedule Mineralised intercepts in the Northern Breccia and the Eastern BrecciaRead More…

The US will double its gas exports to the UK. This announcement comes as the US faces the first major test in terms of energy resilience following the conflict inRead More…

On Wednesday, oil fell, with Brent crude close to its lowest level this year. This was due to concerns about recession and the easing of fears that a Western banRead More…

MARU has interests in multiple battery-critical commodity mines. But its Blesberg Lithium Project is now the near-term catalyst. 2021 was the year of Bitcoin and NASDAQ tech stocks. 2022 wasRead More…

It was revealed today by Xi Jinping, who finally lifted large swathes zero-Covid restrictions. The world’s second-largest economy was under pressure from weak global and domestic demand, Covid led toRead 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, Dax 40, Dow, Bitcoin,Read More…

The first snowfall of winter is here, and the mercury drops below zero this week. Britain’s energy supply faces its greatest test since Vladimir Putin invaded Ukraine. “Both next weekRead More…

AfriTin Mining (ATM), an African technology metals mining company, provided an update on its lithium and tantalum product development programme. Author @ZaksTradersCafe The company said the object of the programmeRead More…

Highlights · Rig contract executed for drilling of the Hickory-1 exploration well · Permitting and planning remain on track for scheduled spud in late-February / early-March 2023 · Hickory-1 designed to appraise sixRead More…

Drillhole Into Target Area T1-3 Progressing Well – Nickel Sulphides Identified in K1-3 Drill Core Power Metal Resources PLC (LON:POW), the London listed exploration company seeking large-scale metal discoveries acrossRead More…

Union Jack Oil plc (AIM: UJO), a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce that it has purchased a total of 100,000 of itsRead More…

Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on precious and base metals, advises that Australian corporate and mining leaders Mark Barnaba and Elizabeth GainesRead More…

Sovereign Metals Limited (ASX:SVM; AIM:SVML) (the Company or Sovereign) is pleased to announce that it intends to undertake a demerger (Demerger) whereby Sovereign’s Malawian graphite projects being the Nanzeka Project,Read More…

Executives and industry sources suggest that the British government should establish a price ceiling to reduce the impact of its windfall tax on North Sea oil and gas producers. SomeRead More…

WTI (Jan) $76.93 -$3.05, Brent (Feb) $82.52 -$2.89, Diff -$5.75 +16c. Author @mgrahamwood USNG (Jan) $5.57 -71c, UKNG 345.0p -10.0p, TTF (Jan) €136.18 -€5.22. Oil price With the EU, G7Read 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, Dax, Dow, Bitcoin, Alpha,Read More…

The six-year-old high in British natural gas exports to Europe is a result of Brussels’ efforts to reduce its dependence on Russian energy sources. According to Elexon data, which managesRead More…

The regional governor stated that a drone crashed into an airfield in Kursk, Russia, bordering Ukraine. This set fire to an oil storage tank. “There were no casualties. The fire isRead More…

Test fragile energy systems and boost demand. Benchmark futures rose as high as 4.3pc with temperatures set to drop below freezing between Britain and the Nordics this week. This willRead More…

LifeSafe (LIFS), a fire safety technology business, provides a trading update for the eleven month period ended 30 November 2022. The company reported that sales growth through the Group’s consumerRead More…

Helium One (AIM: HE1) (“Helium One” or “the Company”), the primary helium Company with exploration licences in Tanzania is pleased to announce the Company’s audited results for the year endedRead More…

Scirocco (AIM: SCIR), the AIM investing company targeting attractive assets within the European sustainable energy and circular economy markets, is pleased to provide an update on the divestment of theRead 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…

Approval of genesig® COVID-19 3G PCR test in the UK under CTDA legislation Paris, France and Eastleigh, UK – 6 December 2022 – Novacyt (EURONEXT GROWTH: ALNOV; AIM: NCYT), anRead More…

United Oil & Gas Plc (AIM: “UOG”), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce the spudding ofRead More…

LONDON and NEW YORK, Dec. 06, 2022 (GLOBE NEWSWIRE) — OKYO Pharma Limited (LSE: OKYO; NASDAQ: OKYO), an ophthalmology-focused bio-pharmaceutical company which is developing OK-101 to treat dry eye diseaseRead More…

WTI (Jan) $79.98 -$1.24, Brent (Feb) $85.57 -$1.71, Diff -$5.59 +13c. Author @mgrahamwood USNG (Jan) $6.28 -45c, UKNG ( Jan) 355.0p +7.0p, TTF (Jan) €141.4 +€11.9.  Oil price Oil wasRead More…

The meeting was to discuss a 9pc pay agreement offered by Network Rail. According to industry sources, there is genuine optimism that Network Rail would be put to a voteRead 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 TSE 100, Dax 40, Dow, Bitcoin,Read More…

First Development Resources – Selta Lithium Exploration and Company Update Power Metal Resources PLC (LON:POW),  the London listed exploration company seeking large-scale metal discoveries across its global project portfolio  provides anRead More…

According to new research by the AA, motorists without off-street parking might find it cheaper to drive a diesel car rather than an electric one. The organisation’s latest analysis foundRead More…

Tirupati Graphite (TGR), the specialist graphite company, looks to have delivered a key milestone in terms of becoming one of the world’s leading producers. Author @ZaksTradersCafe TGR announced it hasRead More…

AfriTin Mining Limited (AIM: ATM), an African technology metals mining company with a portfolio of mining and exploration assets in Namibia, announces further results from the lithium and tantalum drillingRead More…

Bidstack Group Plc (AIM: BIDS), the in-game brand activation platform, is pleased to announce the expansion of its exclusive native in-game advertising partnership with a leading, global AAA game publisherRead More…

London, 5 December 2022 – Serica Energy plc (AIM: SQZ), a British independent upstream oil and gas company with operations centred on the UK North Sea and over 85% gasRead More…

Cineworld Group Plc stated that it plans to emerge from bankruptcy unscathed after senior lenders were reported to have been considering a sale of its east European operations. In September,Read More…

Angus Energy (AIM: ANGS) is pleased to announce that , despite relatively slow progress in casing and cementing , it expects to resume drilling into the open hole section 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, Dax 40, Dow, Bitcoin,Read More…

GGP shares are now fully financed to production at its flagship 30%-owned Haverion project, which is set to deliver feasibility study results early in the new year. by: Charles Archer GreatlandRead More…

It has been claimed that delays to a government plan to deal with national emergencies have made the UK more susceptible to blackouts in winter. Labour claimed that Britain wasRead More…

The month before Christmas tends to be the strongest of the year for the stock market, and one would hope after a rough year for investors a little window dressingRead More…

C4X Discovery Holdings PLC, (AIM: C4XD), shares surged more than 25% on Monday after the company announced that it had signed a worldwide exclusive licensing agreement with AstraZeneca totalling upRead 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 adjacent and near to transportationRead More…