Shares in Galileo Resources have enjoyed a significant boost in recent weeks as the company moved to consolidate its ground position in Zambia, where it holds licences for the Star Zinc and Kashitu projects. Galileo’s chief executive Colin Bird describes those developments more as a ‘mopping up exercise’ than as anything drastically new. A more … Read more
Energy bills will fall for around 15million households with Ofgem announcing a price cap reduction of £17 a year. This means that households on standard variable tariffs will pay no more than £1,162 on their bills after the cap comes into effect in April – falling from £1,179. The bi-annual review of the cap by … Read more
SMALL CAP MOVERS: Junior miners enjoy ride on higher gold price – and Bank of America sees the yellow metal surging to $3,000 an ounce By Giulia Bottaro At Proactive Investors For Thisismoney.co.uk Published: 15:20 BST, 15 May 2020 | Updated: 15:20 BST, 15 May 2020 Gold juniors have rallied this year as punters on … Read more
Online casino game specialist Gaming Realms made a major change in direction two years ago when it switched from being an operator to a content developer and licensor. Management realised that with tighter regulation, rising taxation, and falling margins to compete in the operation of the games (Real Money) was becoming very tough for a … Read more
‘Anglo Pacific is in a very strong position currently,’ according to Julian Treger, the company’s chief executive. London’s only mining royalty company of any scale put out full-year results on April 7, and they were good, showing new records hit in terms of revenues and earnings, and highlighting that for a company of its size, … Read more
‘Channel 4 set to slash celebrity guest fees and introduce a £2,000 pay cap in a bid to save money’ amid the coronavirus pandemic By Niomi Harris For Mailonline Published: 01:44 BST, 2 May 2020 | Updated: 01:44 BST, 2 May 2020 Channel 4 are reportedly planning to slash the appearance fees paid to celebrity … Read more
Investors have had to be patient waiting for AIM-listed biotech Circassia Pharmaceuticals to come good, but things might now be turning in its favour. A recent trading update highlighted good sales growth while cash – another key metric for any early-stage biotech – was healthier than expected. Circassia was caught up last year in the … Read more
Property’s position as a safe source of income for investors has been thrown into disarray by the coronavirus pandemic and the lockdown of the UK economy. Companies are having to ponder very hard about postponing or even scrapping their dividends where only a few months ago it would have been unthinkable. Against that background, the … Read more
AIM-listed companies raise £500million in less than a month to cope with coronavirus crisis The coronavirus crisis has brought more money to AIM as companies turn to investors for support. From the market low on 18 March to the start of the Easter weekend on 9 April, junior market-listed firms announced over £500million of funding. … Read more
Conference organisers have been hit hard by coronavirus lockdowns, but one answer is to hold events online or even better in virtual reality. VR Education specialises in this type of technology and for the AIM-listed business, this period of enforced homeworking might prove to be a company maker. A month ago, for example, it ran … Read more