Home Markets

Markets

Power Metal Resources notes start of maiden drill programme at Haneti project

[unable to retrieve full-text content] The explorer, which owns a 35% stake in the Tanzanian project, said the programme involves 2,000 metres of Rotary Air Blast drilling with a planned 50 holes to circa 40 metres depth per holePower Metal Resources notes start of maiden drill programme at Haneti project {youtube|100|campaign} [unable to retrieve full-text content] Bushveld Minerals* (LON:BMN) – …

Cornish Lithium zero carbon lithium collaboration to receive significant investment from UK government

Cornish Lithium said its zero carbon lithium collaboration with Geothermal Engineering Ltd (GEL) will receive investment from the UK government’s Getting Building Fund to help fund the construction of Europe’s first geothermal lithium recovery pilot plant near Redruth in Cornwall. The company said the project will extract lithium for use in electric vehicle and power storage batteries. WATCH: Cornish Lithium ‘has …

Avation not aware of any decision by Virgin to return five ATR72-600 aircraft

Avation PLC (LON:AVAP) said it is “not aware of any decision” by Virgin to return five of its ATR72-600 aircraft that are currently leased to the travel group. Responding to a question from a bondholder concerning Virgin Australia’s planned future operations, Avation said it expects its four remaining ATR72-500 aircraft leased to Virgin will be returned and the company and …

BP’s cut means half the FTSE 100 dividends hit by coronavirus

BP PLC’s (LON:BP.) dividend decision today means that half the FTSE 100 has scrapped or cut their payout during the coronavirus pandemic, with total payouts in the second quarter falling by £22bn year on year. The oil supermajor cut its dividend in half but this was, as some analysts said, the worst kept secret in the market. READ: BP ‘resets’ …

Proactive news headlines: Belvoir Group, SigmaRoc, Ariana Resources, Directa Plus …

Belvoir Group PLC (LON:BLV), the lettings and estate agent, said its interim revenue and profits were both well ahead of a year ago despite the coronavirus (COVID-19) lockdown. Since the restrictions on the housing sector were lifted in mid-May, there has been a surge of activity due to pent-up demand, Belvoir said in a trading update for the half-year to June. The …

Chesnara using balance sheet strength for more deals

What Chesnara does UK: Since 2004, Chesnara PLC (LON:CSN) has acquired like and pension books from City of Westminster Assurance, Save & Prosper and Direct Line Life. Netherlands:  Scildon is an open life and pensions business that Chesnara acquired from Legal & General. The Waard Group is much smaller and a closed Life and Pension business. Sweden: Movestic is a life and pensions business based …

Pensana Metals high-grade results could mean a resource upgrade at Longonjo

Pensana Metals Ltd (ASX:PM8) has released assay results from a further 41 drill holes of the 7,000 metres infill and extension drilling program at the Longonjo Neodymium and praseodymium (NdPr) Project in Angola. Executive director and chief operating officer Dave Hammond said: “These high-grade drill results are from well outside the limits of the current pit design and suggest the …

LSE says on track to complete Refinitiv deal despite EU coronavirus caution

London Stock Exchange Group PLC (LON:LSE) said its $27bn takeover of data analytics specialist Refinitiv remains on track to be completed by the end of the year. The US Committee on Foreign Investment US said there were no national security concerns about the deal. Even though the European Commission issued a statement on Friday encouraging the delay of merger filings because …

FTSE 100 closes down 4% after more coronavirus carnage

FTSE 100 index closes down 215 points US indices in the red William Hill suspends dividend payments 5.25pm: FTSE closes sharply lower FTSE 100 index closed sharply in the red on Monday but still above the 5,000 mark as the coronavirus pandemic continues to crush market sentiment. Britain’s blue-chip benchmark closed down 215 points, or 4%, at 5,151, after yet …

Small cap movers: Redx Pharma surges as bidder unexpectedly returns with second takeover offer

Redx Pharma PLC (LON:REDX) was one of the few winners on AIM amid the week’s market rout after it confirmed a second takeover approach from Yesod Bio-Sciences two weeks after discussions were terminated. Yesod, which is helmed by colourful biotech entrepreneur Sam Waksal and investment banker and former football league boss Keith Harris, is offering an indicative 15p per share, …

123...9Page 1 of 9

Stay Connected

Most Recent

Load more