Full List Of Stories
Equiniti cancels dividend as looks at deferred revenues
Equiniti Group confirmed cancellation of its final dividend for 2019 and pulled full year guidance as it sought to save cash during the coronavirus pandemic.
London close: Markets close lower amid fresh economic consternation
London stocks remained in the red at the close on Wednesday, as investors dealt with renewed concerns about the economic impact of the Covid-19 pandemic.
Reabold Resources outlines upcoming plans at West Newton B
Upstream oil and gas investment company Reabold Resources updated the market on the start of preparatory activity ahead of drilling at the West Newton B site in PEDL 183, onshore UK on Wednesday.
JKX Oil reports bump in first quarter production
JKX Oil & Gas reported an 11% improvement in group production in its first quarter on Wednesday, to 10,996 barrels of oil equivalent per day (boepd), up from 9,907 boepd year-on-year.
Liontrust posts decent quarter as it battens down for Covid crisis
Liontrust Asset Management reported assets under management and advice of £16. 1bn as at 31 March in a trading update on Wednesday, making for an increase of 27% year-on-year.
Power Metal acquiring majority stake in Kavango's Ditau Project
Metals exploration and development company Power Metal Resources announced the conditional acquisition of a 51% interest in the “highly prospective” Ditau Project in Botswana on Wednesday.
HS2 construction to begin amid coronavirus lockdown
The controversial HS2 high-speed rail project has been given the official go-ahead by Westminster, even amid the national Covid-19 coronavirus lockdown.
Asia report: Markets mixed as investors digest disastrous IMF forecast
Markets in Asia closed mixed on Wednesday, as investors digested harrowing global forecasts from the International Monetary Fund released overnight, while traders in Korea remained off work as the country headed to the polls.
Solid State reports record year as it flags Covid uncertainty
Computing, power and communication products manufacturer Solid State updated the market on its trading on Wednesday, saying it was expecting revenue close to the consensus forecast of £68m, with adjusted profit before tax anticipated to be about 10% ahead of current consensus expectations of £4. 2m, making a record year for the group.
Anglo Asian Mining reports production in line with guidance
Azerbaijan-focussed gold, copper and silver producer Anglo Asian Mining reported production of 18,609 gold equivalent ounces in its first quarter on Wednesday, calculated using budgeted metal prices, which was in line with the guidance it announced on 11 March.
Ariana exceeds annualised quarterly gold guidance in Q1
Ariana Resources reported first quarter gold production of 5,129 ounces on Wednesday, down from 7,318 ounces in the fourth quarter, but exceeding its average annualised quarterly guidance by 14%.
Europa Oil confident in position amid Covid crisis
UK, Ireland and Morocco-focussed exploration, development and production company Europa Oil & Gas reported revenue of £0. 8m in its first half on Wednesday, slipping from £0. 9m year-on-year.
URU Metals to request assessment extension amid pandemic
URU Metals said on Wednesday that it was still making progress in advancing its mining right Application in South Africa, which it announced in December.
Hipgnosis Songs Fund expands credit facility by £50m
Hipgnosis Songs Fund has entered into an agreement with a syndicated group of lenders led by JPMorgan Chase Bank, it announced on Wednesday, to increase its revolving credit facility from to £150m £100m.
Hastings to still pay final dividend, Equiniti cancels its distribution
London open The FTSE 100 is expected to open 38 points lower on Wednesday, having closed down 0. 88% at 5,791. 31 on Tuesday.