Intention to appoint administrators Corporate update and Resignation of Nominated Adviser
Bens Creek Group (AIM:BEN) Suspension of shares from trading on AIM
Redemption Notice received from ACAM LP in relation to ACAM Loan Notes and Suspension of shares from trading on AIM
Contango Holdings PLC (AIM:CGO) Operational Update
Contango Holdings Plc, a company focused on the development of the +2 billion tonne Muchesu coal project in Zimbabwe (“Muchesu” or the “Mine”), is pleased to announce that following the capital raise
Bens Creek Group PLC (AIM:BEN) Bens Creek commences Chapter 11 cases
Further to the Company’s announcement released on 12 April 2024, Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry.
Bens Creek Group (AIM:BEN) mine will be operated on a care & maintenance basis for the time being.
Corporate Update
Bens Creek Group PLC (AIM:BEN) Appointment of CEO for Bens Creek Operations LLC
Bens Creek Group plc (AIM: BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, is pleased to announce that Chris Walker has been appointed
Bens Creek (AIM:BEN) CEO to Depart Following Further Disruptions in Coal Operations
Bens Creek Group PLC (AIM: BEN, OTC: BENCF) announced that its CEO, Adam Wilson, will be stepping down.
Oil on Track for Biggest Weekly Increase in Three Months
Oil is poised for its most significant weekly rise since October, fueled by the ongoing Red Sea crisis and China’s economic stimulus measures, potentially boosting demand.
Oil consumption is expected to halve this year, dealing a significant setback to both Putin & Saudi Arabia.
An official report indicates that this year will see a halving in oil demand, impacting both Vladimir Putin’s war-driven economy and Saudi Arabia, the world’s top oil producer.
Oil prices surge as the UK and US initiate airstrikes in Yemen.
Oil prices surged following airstrikes by Britain and the US on Houthi rebels in Yemen, a response to assaults on Red Sea shipping routes that have impacted global trade.
Crude oil prices fell following Saudi Arabia’s announcement of price reductions.
On Monday morning, crude oil prices experienced a downturn following Saudi Arabia’s announcement of significant price cuts over the weekend.
Oil to remain volatile in 2024, says Bank of America
Bank of America (BofA) analysts predict a challenging year for U.S. oil companies and refiners in 2024, as indicated in a note released on Friday. They anticipate the average price