Weekly Stock Market News - Issue #257

Another busy week across the mining resources sector, here is our weekly recap. Author @ABMckinley Our current market is also one where even with solid announcements, the news can beRead More…

There is plenty of opportunity to see the Santa rally in the weeks leading up to Christmas. However, only a few updates have been provided by FTSE 350 companies suchRead 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, Alkemy,Read More…

Full planning permission for Alkemy’s lithium processing plant could just be the start of the share price rocket. Alkemy Capital (LON: ALK) hit the headlines late last month after announcingRead More…

According to projections by the Institute of Health Metrics and Evaluation in the United States (IHME), China’s sudden lifting of strict COVID-19 restrictions could lead to an explosion of casesRead More…

U.S. oil firms reduced oil rigs the most in this week since September. This resulted in a decrease in the total oil and natural gas count for a second consecutiveRead More…

It is a cliché that the stock market runs in cycles. This is especially the case given that statistically, the markets spend as much as 80% of the time inRead More…

BT Group PLC announced plans to combine its Global Enterprise and Global units into a single, B2B unit called BT Business. This move will result in cost savings of atRead More…

Experts have downplayed the threat by Vladimir Putin, Russian President, to reduce oil exports to countries that adhere to a price limit on their fuel. Russia has a limited fleetRead More…

As the war in Ukraine surges in Europe and China, global coal consumption will reach an all-time high. According to a report from the International Energy Agency (IEA), demand isRead 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, Cable, Baron, Byotrol,Read More…

Binance’s auditors removed a report on the financial health of Binance from the internet and dropped it as a client. The digital currency has dropped as low as 2pc andRead 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…

The largest North Sea oil producer in Britain is refusing to tender for new UK oil wells. It also reviewed its investments to respond to the Government’s tax raids onRead More…

The Board of Dev Clever announces today that the Company intends to submit a request to the Financial Conduct Authority (“FCA”) for the cancellation of the listing of the Company’sRead More…

In an event which is so far unique given the ridiculously high minimum market cap requirement of £30m for the Standard List of the LSE, Hydrogen Utopia International (HUI), aRead More…

Bougouni Project and DMS Development Update Appointment of Joint Broker Kodal Minerals (“Kodal” or the “Company”) , the mineral exploration and development company focused on lithium and gold assets inRead More…

Botswana focussed metals exploration company Kavango Resources plc (LSE:KAV) (“Kavango”) is pleased to announce the Company has interpreted inversion results from the Controlled-Source Audio Magnetotelluric (“CSAMT”) Line 4A survey (“LineRead More…

Hydrogen Utopia International PLC, a company specialising in turning non-recyclable mixed waste plastic into carbon-free fuels especially hydrogen, new materials or distributed renewable heat. Today confirms that its Prospectus inRead More…

First published on the 11th of December 2022, we thought we would give our readers an update on how the blog was received. Market Summary > @CaracalGoldplc LON #GCAT 1.02Read More…

The Board of Xtract Resources Plc (“Xtract” or the “Company”) is pleased to announce that it has concluded a joint venture agreement (the ” Agreement ” or ” JV “)Read More…

Company in Final Stages of Planning Next Exploration Steps which will Include Soil Sampling, Geophysics, Trenching and Reverse Circulation & Diamond Drilling Power Metal Resources PLC (LON:POW) the London listed explorationRead More…

WTI (Jan) $77.28 +$1.89, Brent (Feb) $82.70 +$2.02, Diff -$5.42 +13c.  Author @mgrahamwood USNG (Jan) $6.43 -50.0c, UKNG (Jan) 328.0p -3.0p, TTF (Jan) €134.385 +€1.64.  Oil price- Baby it’s coldRead More…

Critical Metals plc, a mining company established to acquire mining opportunities in the critical and strategic metals sector and currently developing an ex-producing copper cobalt mine in the Democratic RepublicRead More…

The Bank of England announced its ninth consecutive increase in interest rates. This brings them to their highest level since before the global financial crisis. The monetary policy committee decidedRead 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, Blackbird,Read More…

Power Metal Resources PLC (LON:POW),  the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces a merger of its Wilan Project (“Wilan” or the “Project”), LocatedRead More…

88 Energy Limited (ASX: 88E) (“88 Energy” or the “Company”) is pleased to confirm that the Company’s December 2022 corporate presentation is available on 88 Energy’s website at www.88energy.com.  Read More…

Smarttech247, a multi-award-winning provider of AI enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, announces that its Ordinary Shares will today be admittedRead More…

It is evident that Firering Strategic Minerals (FRG) is continuing to finesse recent strong news. The exploration company focusing on critical minerals, announced the final set of assay results fromRead More…

CONSTRUCTION OF ARAGUAIA NICKEL PROJECT REMAINS ON SCHEDULE AND ON BUDGET CONSTRUCTION HIGHLIGHTS: · Strong safety performance with zero lost time injuries (“LTI’s”) after over 990,000 hours worked · Construction is on-scheduleRead More…

Jersey, Channel Islands, 15 December 2022 — Serinus Energy plc (“Serinus” or the “Company”) (AIM:SENX, WSE:SEN) is pleased to announce that the CTF-04 rig has completed rig-up and is preparingRead More…

Argos Resources Limited (ARL) (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin , is pleased to announce the planned extension of its Production LicenceRead 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 an update on operational andRead More…

WTI (Jan) $75.39 +$2.22, Brent (Feb) $80.68 +$2.69, Diff -$5.29 +47c. Author @mgrahamwood USNG (Jan) $6.93 +34c, UKNG (Jan) 331.0p -5.0p, TTF (Jan) €132.74 -€5.10 Oil price Oil has regainedRead 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, GBPUSD,Read More…

Helium One Global (AIM: HE1), the primary helium explorer in Tanzania, is pleased to announce that, following the announcement on 13 December 2022 (the “Launch Announcement”) regarding the launch ofRead More…

According to government consultation, the transition to hydrogen-ready models could be accelerated. Under net zero proposals to the grid to use hydrogen instead, new natural gas-only boilers will be bannedRead More…

Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration, development, and production company, provides an update in respect to the Cinnabar-1 well in Tyler County, Texas. The Cinnabar wellRead More…

Poolbeg Pharma (POLB), a biopharmaceutical company, announced that it has acquired an exclusive licence from InsuCaps Limited, a sister company of AnaBio Technologies, to use InsuCaps’ patented microencapsulation and nanoencapsulationRead More…

Red Lead – Highly prospective Lead-Zinc-Silver Exploration Target Identified Beowulf (AIM: BEM; Spotlight : BEO), the mineral exploration and development company, is pleased to announce new results from detailed geological mapping overRead 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…

IGas, the UK onshore energy company, provides the following operations update. Conventional Assets The Company remains on track to deliver its full year production forecast of 1,900-1,950 boepd. In earlyRead More…

Poolbeg exclusively licences innovative oral delivery technology for metabolic syndrome related diseases Clinical trial to demonstrate technology can safely deliver GLP-1 to commence in H1 2023 Prof Brendan Buckley joinsRead More…

WTI (Jan) $73.17 +$2.15, Brent (Feb) $77.99 +$1.89, Diff -$4.82 -26c. Author @mgrahamwood USNG (Jan) $6.59 +35c, UKNG (Jan) 336.0p +5.0p, TTF (Jan) €137.84 +€8.84 Oil price The oil marketRead More…

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce two new exploration tenements have been granted to ECR’s wholly ownedRead 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, Arkle,Read 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…

Strategic sale as part of ongoing Invinity-Hyosung relationship will see VS3 batteries evaluated by Korea’s national electric utility Invinity Energy Systems plc (AIM: IES) (AQSE: IES) (OTCQX: IESVF), a leadingRead More…

Confirmation of Hydrothermal Gold and Copper System Gold Grades (Au) up to 6.4g/t and Copper (Cu) over 2.27% Red Setter Project, Patersons Range, Western Australia Wishbone Gold Plc (AIM: WSBN,Read More…

According to the Bahamas attorney general, Sam Bankman-Fried, former chief executive of FTX, was arrested. The US Attorney’s Office in Manhattan confirmed the arrest. This marks a shocking fall fromRead More…

Development Update Award of Processing Plant FEED Contract to Primero Appointment of Highly-experienced Project Manager Ewoyaa Lithium Project Ghana, West Africa Atlantic Lithium Limited (AIM: ALL, OTC: ALLIF, ASX: A11Read More…

Caerus Mineral Resources (CMRS) the exploration and resource development company, announced it has entered into an exclusive option agreement with EV Metals Group Plc to acquire 90% of RIWAQ AlRead More…

Synergia Energy Ltd (the “Company” or “Synergia”) is pleased to announce the release of a Shareholder Presentation on its website (www.synergiaenergy.com/news).   The Shareholder Presentation includes details of the Company’sRead More…

Power Metal Resources PLC (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces a diamond drill programme has commenced at the historic BerringaRead More…

Caracal Gold plc, the expanding East African gold producer with over 1,300,000oz JORC-compliant gold resources. Is pleased to announce sample assay results from its Diamond Drilling (‘DD’) programme on theRead More…

Argo Blockchain plc, a global leader in cryptocurrency mining (LSE: ARB; Nasdaq: ARBK), makes the following announcement: The Company is at risk of having insufficient cash to support ongoing businessRead More…

On Monday, energy prices rose as the UK switched to gas due to the lack of wind and the cold snap. On Monday morning, energy prices rose as the UKRead More…

ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce the first round of results from the recent stream sediment samplingRead More…

Balashikha shopping centre was set ablaze by flames. One guard was taken to the hospital. On Monday, a massive fire destroyed a Moscow shopping center on Moscow’s eastern fringes. ThisRead 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, Angus,Read More…

A flash blog today, I am attending a family funeral. I hope to have further detailed comments after speaking to the companies. Author @mgrahamwood Savannah Energy Major announcements from SAVERead More…

Aquis Exchange PLC (AQX.L), the exchange services group, today announced that for the first time in the Aquis Stock Exchange (AQSE)’s history, the most popular AQSE stocks are now available to trade electronically onRead More…

Maiden JORC Resource for Bibemi Gold Project in Cameroon 305,000 oz grading 2.19 g/t gold Inferred Oriole Resources PLC, the AIM-quoted gold exploration company focussed on West Africa, is pleasedRead More…

Poolbeg Pharma (POLB), a biopharmaceutical company, announces that, further to its announcement in July 2022, it has now received the initial results having completed the Lipopolysaccharide human challenge clinical trialRead More…

National Grid has noticed two of its reserve coal-fired power stations start up in Britain’s efforts to avoid blackouts. As temperatures fall below zero and snow covers large swathes, theRead More…

First Class Metals PLC (“First Class Metals” “FCM” or the “Company”) the UK metals exploration company seeking large-scale metal discoveries across its extensive Canadian Schreiber-Hemlo & Sunbeam land holding isRead More…

Caracal Gold plc, the expanding East African gold producer with over 1,300,000oz JORC-compliant gold resources, is pleased to announce that it has secured non-dilutive financing of US$3m through a pre-paidRead More…

POLB 001 LPS human challenge clinical trial successfully completed No serious adverse events reported Results of full data analysis expected in Q2 2023 12 December 2022 – Poolbeg Pharma (AIM: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…

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…