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Latest News
15 Feb
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Beowulf remains baffled by mining permit refusal

Troubled mineral exploration and development company Beowulf said on Wednesday that it has written to the Mining Inspectorate of Sweden, and provided comments on the statement made on 1 February 2017 by the County Administrative Board (CAB) for the County of Norrbotten.

15 Feb
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Asia report: Most markets higher, though Toshiba plunges

Markets in Asia finished mixed on Wednesday, with most investors chasing gains in the US overnight after Federal Reserve chair Janet Yellen made the case for further rate rises stateside.

15 Feb
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Russia rejects US demands to return Crimea

Russia rejected US demands that it return control of Crimea to Ukraine.

15 Feb
Nighthawk reports rise in total 3P reserves

Nighthawk says its total 3P reserves rose to 3. 89m barrels at 31 December, 2016, from 3. 64m barrels a year earlier.

15 Feb
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US pre-open: Stocks seen muted ahead of data, Yellen

US futures pointed to a muted open ahead of another speech by Federal Reserve Chair Janet Yellen and a slew of data releases.

15 Feb
AFC
AFC Energy raises £6m to support journey to commercialisation

Shares in AFC Energy are up more than 6% after it raised £6m via a discounted placing and subscription to support its journey to commercialisation.

15 Feb
Gold bars
Acacia Mining's valuation still not stretched, says Jefferies

Gold miner Acacia Mining had its share price target lifted in a bullish note from Jefferies on Wednesday morning.

15 Feb
hunting energy
Goldman Sachs adds Hunting to Conviction List

Hunting shares got a lift as Goldman Sachs reiterated its ‘buy’ rating on the stock and added it to its Conviction List, upping its price target to 734. 3p from 666. 7p.

15 Feb
metal tiger
Metal Tiger's shares rise as it Botswana partner nears key drill results announcement

Shares in Metal Tiger surged almost 23% on stating MOD Resources, its venture partner in Botswana, has entered a trading halt pending the announcement of significant drill results below the proposed T3 pit.

15 Feb
Powerhouse's shares slide as it repays loan in cash and shares

Shares in Powerhouse Energy have plunged 25% as it repaid a £3. 4m loan note balance to Hillgrove via a mix of funds raised in a capital hike and the conversion of debt to new shares.

15 Feb
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UK wage growth slows, jobless claimant count drops again

UK wage growth surprisingly slowed in December as the labour market otherwise improved slightly, according to data from the Office for National Statistics on Wednesday.

15 Feb
Diamond
Karelian reports on 'stunning' diamond discovery

Karelian Diamond Resources announced on Wednesday that it has received a technical report by the Geological Survey of Finland (GTK) on its diamond discovery in Eastern Finland that was announced on 31 January.

15 Feb
Riksbank, Suecia, Sweden, central bank
Riksbank stands ready to intervene in FX markets, stays put on rates

Sweden´s central bank warned it could still ease interest rates further to avoid a too rapid appreciation of the Krona - which might jeopardise its inflation target - and decided to prolong its authorisation for intervention in foreign currency markets.

15 Feb
ashtead
Ashtead boosted as BofA Merrill highlights attractive growth

Ashtead got a boost on Wednesday as Bank of America Merrill Lynch upped its price target on the stock to 2,000p from 1,620p and reiterated its ‘buy’ rating.

15 Feb
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Pressure on Trump administration grows as further details of Russia links emerge

Donald Trump's administration is facing calls for an investigation into the links between departed national security adviser Michael Flynn and the Kremlin, amid reports of alleged contacts between the President's election campaign and members of the Russian government.

15 Feb
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HSBC downgrades bookmakers as 'series of risks' looms

HSBC downgraded shares in William Hill, Ladbrokes Coral and Paddy Power Betfair as they face a consumer spending slowdown and a series of other risks in the coming months.

15 Feb
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Europe open: Stocks track Wall Street higher ahead of data barrage

Equities on the Continent began the day higher tracking another record close for the S&P 500 on the other side of the Pond as US central bank chief Janet Yellen delivered an upbeat view on the economic outlook the day before.

15 Feb
platinum
Anglo American Platinum to sell Union Mine stake

Anglo American Platinum has agreed to sell its 85% interest in the Union Mine in South Africa and 50. 1% interest in MASA Chrome to a subsidiary of Siyanda.

15 Feb
London open: Stocks edge higher ahead of employment data

London stocks edged higher in early trade, taking their cue from a positive session in the US, where equities were boosted by unexpectedly hawkish comments from Federal Reserve chair Janet Yellen, as investors eyed some key figures on unemployment and wages.