The AIM All-Share Index showed less vigour, declining by 1.1% over the week. A predictable market rally occurred on Thursday following the Bank of England’s first interest rate cut in 16 years, reducing the base rate to 5% after holding at 5.25% for the past year.
The cut was cautious, reflected in a 5-4 vote split and a warning from the BoE that “monetary policy will need to continue to remain restrictive for sufficiently long” to control inflation.
This, coupled with a sell-off in the U.S., led to a downturn in UK markets on Friday, with the FTSE 100 closing 1.30% marking its largest decline since the 16th of April 2024.
| Trader’s Café With Zak Mir: The Week In Small Caps, Sunday 4th August 2024
Southport After a shocking week, it seems churlish to talk about the stock market. Any parent, as I am myself, will feel horror at the events in Southport, and then
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| Share Talk Weekly Energy Sector News Round-Up, Sunday 4th August 2024
Oil prices have fallen to their lowest level since June due to concerns that a potential recession in the US might reduce demand from the world’s largest economy. Brent crude,
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| Aston Martin Secures £135M in Debt Financing to Bolster Production Expansion
Aston Martin, the iconic British luxury carmaker, has successfully raised £135 million through a debt placement to reinforce its financial position and support its ambitious production ramp-up plans. The company’s
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| Trump’s Bitcoin-themed sneakers are already listed on eBay for $2,500.
Listings for pairs of Donald Trump’s limited-edition orange Bitcoin-themed sneakers have already appeared on eBay, with sellers hoping to sell their spots in the pre-order queue for as much as
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| BizTech Markets & Zaks Traders Café “Weekend Markets” video podcast, Saturday 3rd August 2024
Welcome to the latest episode of WeekendMarkets where BizTech and Zaks take a light-hearted look at the past week and attempt to predict what will happen next. Enjoy… The video “Weekend Markets: The One
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| Share Talk Weekly Small Cap Movers & Shakers, Saturday 3rd August 2024
The AIM All-Share Index showed less vigour, declining by 1.1% over the week. A predictable market rally occurred on Thursday following the Bank of England’s first interest rate cut in
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| US oil giant Chevron abandons California after 150 years
One of America’s largest oil companies is set to move its headquarters out of California, citing opposition to “harsh” green policies. On Friday, Chevron announced its relocation to Houston, Texas,
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| Vodafone-Three £15bn Merger Faces Further Delays as Watchdog Extends Investigation
Vodafone and Three will have to wait longer for approval of their £15bn planned merger from the UK’s competition regulator. The Competition and Markets Authority (CMA) announced it has extended
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| Tech-heavy Nasdaq sinks in ‘old-fashioned correction’ head for the life boats
Concerns over tech earnings and a slowing US economy hit the Nasdaq Composite index on Friday, putting it on course for a 10% decline from its early July record high,
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| Intel suffers its steepest share drop since 1982, erasing £27bn from its value.
Over $35bn (£27bn) was wiped off Intel’s value today after its quarterly results alarmed investors. Investors dumped the chipmaker, causing its shares to plummet by 28%. After Wall Street markets
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| Marula Mining PLC (AQSE: MARU A2X: MARU) Mining Permit Issued for Blesberg
Marula Mining PLC (AQSE: MARU A2X: MARU), an African-focused mining and development company, is pleased to confirm that its wholly owned South African subsidiary Southern African Lithium and Tantalum Mining (Pty) Limited
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| Wall Street set for a steep decline at market open
US stock markets are set to fall sharply at the opening bell amid fears that higher interest rates in the US will trigger an economic slowdown. Amazon slumped 8% in
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| Cooks Coffee Company (NZX:CCC; AQUIS:COOK) announce that it has raised gross proceeds of £320k
Cooks Coffee Company Limited, the international coffee-focused café chain, is pleased to announce that it has raised gross proceeds of £320k through the issue of 4,077,761 ordinary shares. The placing
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| SP Angel Morning View -Today’s Market View, Friday 2nd August 2024
Gold soars as US Treasury yields slump on weak US labour data as recession concerns mount MiFID II exempt information – see disclaimer below Critical Mineral Resources PLC (CMRS LN)
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| Traders Cafe with Zak Mir: Bulletin Board Heroes, Friday 2nd August 2024
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, Gold, ADVFN, Mosman,
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| UK Oil & Gas PLC (AIM:UKOG) surged another 29% following RWE Letter of Support
UK Oil & Gas PLC (AIM: UKOG) surged another 29% following a letter of support from ‘big five’ UK energy supplier RWE (ETR: RWE) for its underground hydrogen storage projects
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| RNS Hotlist with Zak Mir: XPF, VCAP, LFT, RGG, FCM, UKOG & ITM
XP Factory (XPF) report a second trading update for the 15months to the new March year-end. Its turnover was £57.8m after a period of exceptional growth and development. (12 months to
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| What happened overnight – Friday 2nd August 2024
Asian shares plunged after weaker-than-expected US factory data ignited fears of a worsening economic outlook. Tokyo’s Nikkei headed for its worst day in over four years, influenced by a slide
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| First Class Metals (LON:FCM) Repayment of Loan and Share Placing
Repayment of Loan, Share Placing and New Directors Share Loan First Class Metals PLC (“First Class Metals” “FCM” or the “Company”) is a UK metals exploration company focused on the discovery of economic metal
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| Kavango Resources (LON:KAV) VFEX Listing & Subsidiary Chairman Appointment
Kavango Resources plc (LSE: KAV), the Southern Africa focussed metals exploration company, is pleased to announce that it has engaged advisors for a planned secondary listing (the “Listing”) on the Victoria Falls
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| Global Stocks Tumble Amid Fears of US Economic ‘Collapse’
Global stock markets have plummeted due to fears that the US Federal Reserve may have delayed cutting interest rates for too long, potentially harming the world’s largest economy. Asian shares
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| Zak Mir talks to Jonathan Owen, CEO of Metals One PLC
Zak Mir talks to Jonathan Owen, CEO of Metals One, after the recent announcement that the company which is advancing strategic minerals projects in Finland and Norway, said that the
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| Marula Mining PLC – Tomra XRT Ore Sorter Update & Issue of Equity
Marula Mining (AQSE: MARU A2X: MARU), an African-focused mining and development company, is pleased to provide an update on the delivery and planned commissioning of the Tomra COM XRT 1200
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| Bank of England Lowers Interest Rates for the First Time in Four Years
The Bank of England has cut interest rates for the first time in four years, providing relief to mortgage borrowers facing higher living costs. Policymakers reduced the Bank Rate from
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| Traders Cafe with Zak Mir: Bulletin Board Heroes, Thursday 1st August 2024
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, Gold, Arc, Avacta,
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| SP Angel Morning View -Today’s Market View, Thursday 1st August 2024
Gold pushes higher ($2,435/oz) again as Fed leans dovish and Treasuries rally on rate cut hopes MiFID II exempt information – see disclaimer below Albemarle (ALB US) – Q2 results
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| Mortgage rates reduced ahead of Bank of England announcement
High street lenders, including Halifax, NatWest, and Santander, have reduced their mortgage rates in anticipation of a potential Bank Rate cut. The Bank of England has maintained interest rates at
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| Keras Resources PLC (AIM:KRS) Commencement of commercial production at Delta
Commencement of commercial production at the Integrated Delta Processing Plant Keras Resources plc (AIM: KRS) (“Keras”) is pleased to announce the commencement of commercial production of PhoSul® granules at its
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| RNS Hotlist with Zak Mir: PPP, HELD, ECR, FUM, PREM, SYN, ARCM, ROCK & TGR
Pennpetro (PPP) announced it has executed the Sale and Purchase Agreement, with Globalvision International U. LDA yesterday for the sale of Pennpetro’s subsidiary in Texas, Nobel Petroleum USA Inc and for
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| Harland & Wolff (AIM:HARL) New Facility, Board Change & Scilly Ferries Update
New Money Facility, Directorate Change and Scilly Ferries Update Harland & Wolff Group Holdings plc (AIM: HARL), the UK quoted company focused on strategic infrastructure projects and physical asset lifecycle management, provides the
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| Shell’s profits soared to $14 billion as the company pivoted back to oil and gas.
Shell reported $14 billion (£10.9 billion) in profits for the first half of the year, driven by its strategic shift from renewables back to oil and gas. The FTSE 100-listed
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| Marula Mining PLC (AQSE: MARU A2X: MARU) Ore Supply Agreement Signed for Kilifi
Ore Supply Agreement Signed for Kilifi Manganese Processing Plant Marula Mining PLC (AQSE: MARU A2X: MARU) an African focused mining and development company, is pleased to announce that the Company’s
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| Voyager Life PLC – Appointment of Chief Development Officer
Voyager is pleased to announce that Mike Whitlow has joined the Company as Chief Development Officer (non-board position) with immediate effect. Mike, who joins on an interim basis, will work
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| ECR Minerals PLC (AIM:ECR) Blue Mountain Bulk Concentrate Yields 192 g/t Gold
ECR Minerals plc (LON: ECR), the exploration and development company focused on gold in Australia, is pleased to announce results from trenching and bulk concentrate sampling at the Blue Mountain Project
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| Fed Maintains Rates, Citing Need for ‘Greater Confidence’
The Federal Reserve announced tonight that it will keep interest rates steady, citing the need for “greater confidence” regarding inflation. Policymakers unanimously voted to maintain the US central bank’s benchmark
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| The Bank of England rate decision tomorrow is expected to “be very close” says UBS
The Bank of England’s decision tomorrow is anticipated to be “very close,” according to UBS, which predicts a 5-4 vote in favour of the first-rate cut of the cycle. Current
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| US stocks soar ahead of the upcoming interest rate decision
US stock markets have surged as investors anticipate the US Federal Reserve will hint at upcoming interest rate cuts. All three major US stock indexes rose, led by the tech-heavy
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| Traders Cafe with Zak Mir: Bulletin Board Heroes, Wednesday 31st July 2024
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, Gold, Arrow Exploration,
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| SP Angel Morning View -Today’s Market View, Wednesday 31st July 2024
Gold rallies as Middle East tensions escalate following assassination of Hamas leader in Tehran MiFID II exempt information – see disclaimer below Ariana Resources (AAU LN) – Mineralised porphyry identified at
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| Zephyr Energy PLC (AIM: ZPHR) Salt Wash helium project update – Colin Harrington, CEO Interview
Zephyr Energy PLC (AIM: ZPHR, OTCQB: ZPHRF) announced that it has received approval for a drilling permit at its Salt Wash Field helium project in Utah. The company is actively
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| RNS Hotlist with Zak Mir: SYS, GGP, BTC, SVML, GRX, AXL & ELEG
SYS Group ( SYS) new management finals to March report a 5% increase in Revenue to £22.7m driven by growth in cyber security. The reported loss however, is a deep
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| Greatland Gold PLC (AIM:GGP) June Quarter Update & MD Shaun Day Interview
Greatland Gold plc (AIM:GGP) is pleased to provide an update on activities and developments across the Company for the June 2024 quarter, and an outline of Greatland’s planned exploration program for
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| Genedrive PLC (AIM: GDR) NICE recommends CYP2C19-ID Kit in final guidance
NICE recommends the Genedrive® CYP2C19-ID Kit in final guidance Genedrive® CYP2C19-ID test chosen as the preferred platform for point-of-care genotype testing prior to clopidogrel treatment for stroke patients in the
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| What happened overnight – Wednesday 31st July 2024
The Bank of Japan raised interest rates and projected that inflation will remain around its 2% target in the coming years, indicating its determination to gradually unwind a decade of
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| Kodal Minerals PLC (AIM:KOD) Bougouni Lithium Project Update
Bougouni Lithium Project Update – Construction Progress on Track The Board of Kodal Minerals, the mineral exploration and development company, is pleased to provide an update on project development activities at its
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| Vinanz Limited – Vinanz to Double Bitcoin Miners in Nebraska
London, New York, July 31, 2024, Vinanz Limited (US OTCQB: VINZF and AQSE: BTC in London) the publicly listed Bitcoin mining company with US and Canadian Bitcoin mining operations, announces that following on
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| Fulcrum Metals PLC (LON:FCM) Completion of option for sale of Uranium Projects
Completion of option agreement for sale of Saskatchewan Uranium Projects Further to the Company’s announcement of 3 July 2024, Fulcrum Metals plc (LON: FMET), a company focused on mineral exploration
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| Malcy’s Flash Blog – Jersey Oil & Gas, Deltic Energy, Coro Energy, Eco (Atlantic) Oil & Gas & Zephyr Energy
A flash blog this morning as I’m out of the office today. As usual, I will be catching up on stories and wherever appropriate add in the days to come.
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| Traders Cafe with Zak Mir: Bulletin Board Heroes, Tuesday 30th July 2024
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, Gold, Bowleven, Celebrus,
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| Metals One PLC (AIM:MET1) Drilling Underway at Råna Project, Norway
Metals One (AIM: MET1) announced that the Company’s Råna Project (nickel, copper, cobalt) partner and operator, Kingsrose Mining Limited (ASX: KRM) (“Kingsrose”), has entered into a service agreement (“Drill Contract”)
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| BP Reports $5.5 Billion Profit After Reducing Green Initiatives
BP has reported increased second-quarter profits as it shifts focus toward oil and gas developments. The oil giant’s underlying replacement cost profit rose to nearly $2.8 billion (£2.1 billion) for
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| SP Angel Morning View -Today’s Market View, Tuesday 30th July 2024
Metals price becalmed as China politburo pledges greater support MiFID II exempt information – see disclaimer below Adriatic Metals (ADT1 LN) – Q2 operational update as ramp up continues Artemis Resources (ARV LN)
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| Rome Resources PLC (AIM:RMR) Mobilisation of Diamond Core Drill Rigs
Mobilisation of Diamond Core Drill Rigs to the Bisie North Projects Rome Resources Plc (AIM: RMR) provides an update on drilling operations at the Company’s flagship project located in the
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| Mining, Minerals & Metals PLC (LON:GEX) Completion of acquisition of Georgina Energy plc
Enlarged share capital admitted to trading on the London Stock Exchange Mining Minerals & Metals plc is pleased to announce the completion of its acquisition of Georgina Energy Plc (“Georgina”)
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| RNS Hotlist with Zak Mir: ALL, JOG, ARB, ECO, PREM, ONDO, YCA, SAAS, RMR, GEX, KAV, ALT, DELT & XTR
Atlantic Lithium (ALL), the African-focused lithium exploration and development company targeting to deliver Ghana’s first lithium mine, announced its Quarterly Activities and Cash Flow Report for the period ended 30 June
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| The week of 29th July – 2nd August 2024- Interest rate announcements galore
Last week, the Bank of Canada cut interest rates by a quarter of one percent to 4.5%, US GDP impressed at 2.8% q.o.q and US Headline PCE receded to 2.5%
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| Voyager Life PLC – Asset overview of M3 Helium
Voyager is pleased to provide the following overview of M3 Helium Corp.’s, (“M3 Helium”) assets following a visit last week by CEO Nick Tulloch to Kansas, USA. The Company has an
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| Unicorn Mineral Resources Plc (LON:UMR) Results of Gravity Surveying at Kilmallock
Gravity Survey Results Identifies Five Strong and High-Priority Drill Target Anomalies at Kilmallock Unicorn Mineral Resources Plc (LON:UMR), a mineral exploration and development company exploring for zinc, lead, copper and
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| Ondo InsurTech PLC (LON:ONDO) New contract win with $2bn U.S. super-regional insurer – Full Year Results available on NSM
US Contract Win New contract win with $2bn U.S. super-regional insurer launching LeakBot in New Jersey Ondo Insurtech (LSE: ONDO), a leading company in claims prevention technology for home insurers, is pleased to announce that
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| Kavango Resources – BOTS – Karakubis multiple trap sites identified
Kavango Resources plc (LSE: KAV), the Southern Africa focussed metals exploration Company, is pleased to announce that ongoing processing and interpretation of Inversions from Airborne Electromagnetic (“AEM”) data have so far identified
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| Premier African Minerals (AIM:PREM) Live General Meeting Held on the 29th July 2024
Welcome to the latest video on Premier African Minerals. This video is simply a re-run of the Prem General Meeting held in London at 3.30 pm on 29th July 2024,
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| Rachel Reeves is preparing to announce a series of tax rises in October budget
Rachel Reeves is set to announce a series of tax increases in a Budget on October 30, after criticizing the Tories for £22bn of unfunded spending. Releasing a Treasury report
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| Bitcoin Jumps After Trump Vows to Make US the World’s ‘Crypto Capital’
The bitcoin price has risen to its highest level since mid-June after Donald Trump indicated his intention to make the US the “crypto capital of the planet” if elected in
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| Traders Cafe with Zak Mir: Bulletin Board Heroes, Monday 29th July 2024
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, Gold, CAP-XX, Eco
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| UK Faces Significant Risk by Relying on Wind Power, Warns Centrica CEO
The CEO of Centrica, owner of British Gas, has cautioned that Britain “runs a real risk” by overly focusing on wind power instead of maintaining a diverse energy mix. Chris
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| SP Angel Morning View -Today’s Market View, Monday 29th July 2024
Mining M&A likely to pick up as companies take advantage of depressed price levels MiFID II exempt information – see disclaimer below Altona Rare Earths (ANR LN) – Acquisition of
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| Helium One – begins drilling operations in Tanzania, preparing for an extended well test.
Tanzania-focused Helium One Global Ltd (AIM: HE1, OTCQB: HLOGF) has commenced drilling at the Itumbula West-1 (ITW-1) site in preparation for an extended well test (EWT) targeting the fractured basement
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| RNS Hotlist with Zak Mir: ONDO, OPTI, SEEN, KEFI, HE1, MKA & GLR
Ondo InsurTech (ONDO), a leading company in claims prevention technology for home insurers, is pleased to announce its audited results for the year ended 31 March 2024. Sales revenue +29% to
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| Guardian Metal Rsrc. – Pilot Mountain – Significant Porphyry Update
Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF), the strategic development and mineral exploration company focused in Nevada, USA, is pleased to announce a significant update regarding the potential for large-scale porphyry style mineralisation
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| What happened overnight – Monday 29th July 2024
Asian stocks commenced the week with gains as investors eagerly awaited interest rate decisions from Britain, the United States, and Japan. This upward momentum followed a broad rally on Wall
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| Ondo InsurTech PLC (LON:ONDO) Results for Year ended 31 March 2024
Ondo InsurTech Plc (LSE: ONDO), a leading company in claims prevention technology for home insurers, is pleased to announce its audited results for the year ended 31 March 2024. Financial
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| Mkango Resources Ltd. (AIM/TSX-V: MKA) Signs MDA With Malawi Government For Songwe Hill Rare Earths Project
MKANGO SIGNS MINING DEVELOPMENT AGREEMENT WITH MALAWI GOVERNMENT FOR THE SONGWE HILL RARE EARTH PROJECT Highlights · Lancaster Exploration, a 100% owned subsidiary of Mkango Resources Limited, and the Malawi Government have signed
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| Trader’s Café With Zak Mir: The Week In Small Caps, Sunday 28th July 2024
This week witnessed the rise and rise of David Lenigas’s vehicle Pennpetro (PPP). The shares were up nearly 3x this week, and are up 11x on the year to date. The
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| On-site Interview: Voyager Life CEO Explores M3 Helium Project’s Potential in Kansas, USA
Nick Tulloch visited the M3 Helium site to get familiar with the area and prepare for the option to buy, which was entered into on 27 June 2024, M3 Helium
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| Share Talk Weekly Mining Sector News Round-Up, Sunday 28th July 2024
The big news this weekend is the release of a historic milestone for Malawi’s mining sector as the government, through the Ministry of Mining and the Ministry of Finance, has
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| Traders Cafe with Zak Mir: Bulletin Board Heroes, weekend Edition, Sunday 28th July 2024
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, Gold, Atome, Alpha
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| Mkango Resources (AIM/TSX-V:MKA) Malawi government signs two game changer MDA’s
This week marks a historic milestone for Malawi’s mining sector as the government, through the Ministry of Mining and the Ministry of Finance, has signed Mining Development Agreements (MDAs) with
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| Share Talk Weekly Stock Market News Review, Sunday 28th July 2024
The FTSE 100 closed higher on Friday gaining an encouraging 1.2%. The top performer was NatWest, which rose by 7%, followed by Anglo American with a 5.1% increase. On the opposite
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| New Manchester Airport video reveals chaotic scene prior to man being ‘kicked’ in the head by police officer
New footage from inside Manchester Airport reveals the chaotic moments leading up to a controversial incident where a Greater Manchester Police officer appears to kick a man in the head.
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| hVIVO (AIM:HVO) Trading Update And Capital Markets Day
Octopus Investments recently increased its stake in hVIVO (LON: HVO), which operates the world’s largest commercial human challenge trial unit. The investment group now holds 7.61% of hVIVO’s equity, raising
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| Share Talk Weekly Small Cap Movers & Shakers, Saturday 27th July 2024
The FTSE 100 closed higher on Friday gaining an encouraging 1.2%. The top performer was NatWest, which rose by 7%, followed by Anglo American with a 5.1% increase. On the
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| Ted Baker is getting ready to close all its UK stores within weeks.
Ted Baker could vanish from British high streets as the struggling fashion chain plans to close all its stores within weeks. The business behind the brand’s UK shops, No Ordinary
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| Zak Mir talks to Mark Routh, CEO Prospex Energy
Prospex Energy (AIM: PXEN), an investor in European gas and power projects, announced that Spanish regulatory authorities have granted a 10-year extension to the El Romeral 1, 2, and 3
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| Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has raised $29 million “heavily oversubscribed”
Pantheon Resources PLC (AIM: PANR, OTCQX: PTHRF) has successfully raised $29 million through a highly oversubscribed equity funding round, aimed at advancing its assets in Alaska. Due to strong demand
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| Traders Cafe with Zak Mir: Bulletin Board Heroes, Friday 26th July 2024
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, Gold, Avacta, Alpha
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| SP Angel Morning View -Today’s Market View, Friday 26th July 2024
Iron ore prices climb as China stimulus optimism improve MiFID II exempt information – see disclaimer below Gemfields Group (GEM LN) – Operational update for half year Phoenix Copper* (PXC
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| RNS Hotlist with Zak Mir: RMR, REE, OBE, POW, GMET & PXC
Rome Resources (RMR) is pleased to announce the completion of its acquisition of Rome Resources Ltd and the admission of its enlarged share capital to trading on AIM effective from 8.00
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| Rome Resources Plc (AIM:RMR) Enlarged share capital admitted to trading on AIM
Rome Resources Plc (AIM: RMR) is pleased to announce the completion of its acquisition of Rome Resources Ltd (“Rome Resources”) (“Completion”) and the admission of its enlarged share capital to trading
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