Latest News
Pantheon Resources wins fracking permit for VOS#1
Oil and gas exploration company Pantheon Resources has been granted the permit required to perform a fracture stimulation test on the VOS#1 well.
REM notes Macarthur Minerals expands lithium MOU
Rare Earth Minerals said Macarthur Minerals is expanding its Memorandum of Understanding with Venturex Resources to include the lithium rights on the Whim Creek Project, Western Australia.
Sterling's dollar ignominy in 2016
Sterling has pipped the pesos of economically challenged Argentina and Mexico to achieve the unwelcome ignominy of being the worst-performing currency against the dollar so far in 2016.
Bluebird Merchant Ventures' shares fall as Philippine government audits mines
Shares in Philippine mining company Bluebird Merchant Ventures plummeted on Friday as it said the government had recently ordered an audit of active mines.
US open: Stellar nonfarms lead markets higher
Markets in the US opened higher on Friday, after a surprisingly strong nonfarm payrolls reading before the opening bell.
FTSE 250 movers: Home builders solid; Sports Direct takes a beating
Mid-cap housebuilders including Bovis, Bellway, Crest Nicholson and Redrow, as well as banks OneSavings and CYBG all likely benefited from a little short covering and bargain hunting.
Results round-up
Shares in Ilika fell almost 15% after the company posted a wider full-year pre-tax loss as it directed resources to developing its battery system, causing revenue to lose charge.
FTSE 100 movers: House builders bounce back; Pharma out of favour
Housebuilders pushed the FTSE 100 into positive territory on Friday.
1PM sees FY adjusted pre-tax profit materially above market views
Independent specialist finance provider 1PM says its group full-year adjusted pre-tax profit will be materially above current market views.
Petra Diamonds, Ekapa Mining agree joint venture in Australia's Kimberley
Jersey based Petra Diamonds announced on Friday it agreed a joint venture with South Africa’s Ekapa Mining, which will combine their operations in Kimberley, Western Australia.
Dalian Wanda prepares rival Champions League competition
The Uefa Champions League could be threatened by a rival club competition, as Chinese property and entertainment group Dalian Wanda have said that they are in talks to set up a tournament of their own.
Savannah Petroleum share suspension lifted after $40m placing
Shares in Savannah Petroleum are up a tickle less than 40% as a temporary suspension on the outfit's shares dating from January was lifted a day after its oversubscribed $40m placing.
Vedanta injects $400m into South Africa operation
India-focused natural resources company Vedanta Resources announced an expansion of its footprint into Africa on Friday.
British retail sales fall in lead up to EU referendum, says BDO
British shoppers spent less in June in the build up to the European Union (EU) referendum, according an accounting firm on Friday.
Johnston Press chipper on 'i' newspaper readership
Johnston Press is increasing the readership of 'i' newspaper at a clip ahead of management views, with advertising revenue hitting a fresh high in the week to 29 June.
M&S shares boosted by Credit Suisse upgrade
Marks & Spencer shares recovered on Friday from the previous day’s drop after Credit Suisse upgraded the retailer to ‘neutral’ from ‘underperform’.
Kibo Mining welcomes Mbeya feasibility study
Kibo Mining's shares rose almost 7% as it said a mining feasibility study for the Mbeya Coal Mine in Tanzania confirmed it as a robust project in every aspect.
Ilika shares slump as FY loss widens, revenue loses power
Shares in Ilika fell almost 15% after the company posted a wider full-year pre-tax loss as it directed resources to developing its battery system, causing revenue to lose charge.
IndigoVision first-half sales down 3% due to margin pressures
AIM-listed video security systems provider IndigoVision said first-half sales fell 3% year-on-year to $21. 8m with a healthy increase in camera volumes increased offset by lower camera product margins “arising from continued competitive market conditions”.
Mars steams up £23m for King's Lynn rice plant
Food manufacturing giant Mars is pouring £23m into its Uncle Ben’s rice division in the UK, investing in a new production line at the company’s plant in King’s Lynn.