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  • Oriole Resources Expands Gold Exploration Footprint in Eastern Cameroon (ORR)

    Oriole Resources Expands Gold Exploration Footprint in Eastern Cameroon (ORR)

    Oriole Resources (LSE:ORR) has announced additional positive exploration results from its 90%-owned Eastern Central Licence Package in Cameroon, located next to the company’s 1.23-million-ounce Mbe gold project. The latest findings continue to highlight the broader regional potential of the district, with several targets displaying geological characteristics and mineralisation styles similar to those identified at Mbe.

    Exploration Highlights Across Multiple Targets

    At the PK01 target within the Pokor licence, geological mapping and analysis of 107 rock-chip samples covering approximately 9 square kilometres produced gold values of up to 1.24 grams per tonne. The results were recorded along a 1-kilometre soil anomaly and further support comparisons with the geological setting of the nearby Mbe deposit.

    Meanwhile, at the ND02 target on the Ndom licence, rock-chip sampling returned grades as high as 17 grams per tonne across an area measuring roughly 3 by 2 kilometres. Additional infill soil and auger sampling work is also underway at the ND01 target to help refine exploration targets concealed beneath alluvial cover.

    At the Niambaram licence, regional soil surveys combined with 34 rock-chip samples generated gold results of up to 1.39 grams per tonne. These outcomes have led to further detailed mapping and sampling programmes across several anomalous zones identified within the area.

    Growth Potential Around the Mbe Resource

    The ongoing exploration campaigns across the Eastern CLP continue to strengthen the case for wider gold prospectivity in the region. The emerging pipeline of targets surrounding the existing Mbe resource could support Oriole’s long-term growth ambitions and reinforce its strategic presence within Cameroon’s developing gold sector.

    The company’s outlook is held back primarily by weak financial performance driven by no revenue and ongoing losses/cash burn, partially offset by a debt-free balance sheet. Technicals are supportive with price above major moving averages and positive momentum, while valuation cannot be reliably assessed from the provided P/E and missing dividend yield.

    More about Oriole Resources PLC

    Oriole Resources PLC is an AIM-quoted gold exploration and development company focused on projects in Central and West Africa, particularly Cameroon. Its portfolio includes the district-scale Central Licence Package, where it has identified multi-kilometre gold anomalies and reported a JORC Inferred Mineral Resource of 1.23 million ounces of gold at its flagship Mbe project.

  • Anpario Releases 2025 Annual Report Ahead of June AGM (ANP)

    Anpario Releases 2025 Annual Report Ahead of June AGM (ANP)

    Anpario (LSE:ANP) has issued its 2025 Annual Report together with the Notice for its forthcoming Annual General Meeting, with both documents now available to shareholders through the company’s investor relations website. The AGM will take place at 11:00 a.m. on 18 June 2026 at The Farmers Club in London, and the accompanying notice includes guidance on voting procedures and shareholder participation to support effective governance and engagement.

    In addition, the company has published the Notice of AGM and Form of Proxy online to streamline shareholder access ahead of the meeting. The move reflects Anpario’s ongoing commitment to regulatory compliance, transparent reporting and shareholder participation, ensuring investors are able to review company performance and exercise their voting rights efficiently.

    Anpario’s investment outlook continues to be supported by strong financial fundamentals, including a low-leverage balance sheet and improving earnings performance, alongside an attractive valuation profile featuring a low price-to-earnings ratio and dividend yield. However, these strengths are offset by softer recent technical indicators, with the shares trading below major moving averages and a negative MACD trend.

    More about Anpario

    Anpario plc is an AIM-listed global manufacturer and supplier of natural feed additive solutions focused on animal nutrition, health and biosecurity. The company develops products designed to enhance livestock performance and maintain biosecurity standards for customers operating across international agricultural and animal production industries.

  • Pulsar Helium advances Topaz project under new Minnesota helium rules (PLSR)

    Pulsar Helium advances Topaz project under new Minnesota helium rules (PLSR)

    Pulsar Helium (LSE:PLSR) has received a major regulatory tailwind for its Topaz project after Minnesota introduced helium-focused gas extraction legislation designed to establish a more defined permitting process while limiting development activity to select areas in Northeastern Minnesota. The legislation also prohibits oil drilling and hydraulic fracturing, reinforcing the state’s effort to support helium development alongside environmental and public-interest safeguards.

    The company recently finalized its Jetstream 3-7 exploration and appraisal campaign at the Topaz project, where high-pressure gas was confirmed across multiple wells. Formation logging work has also helped improve understanding of the reservoir structure. Pulsar is now requesting bids for as many as four additional production wells, which would supplement the project’s two existing production-ready wells.

    Pulsar is continuing its transition toward production readiness, aided by a letter of intent with Chart Industries covering carbon dioxide capture and helium liquefaction infrastructure. The company is seeking to benefit from tightening global helium markets, driven by supply disruptions in Qatar, Russian export restrictions, and reduced availability for U.S. buyers.

    More about Pulsar Helium, Inc.

    Pulsar Helium Inc. is a primary helium exploration and development company focused on its wholly owned Topaz project in northern Minnesota. The project is a high-grade helium discovery that is not associated with hydrocarbons and has reported helium-3 content. Pulsar aims to help secure domestic helium supply for industries including semiconductors, medical imaging, aerospace, and advanced technology applications, positioning itself as a strategic U.S.-based supplier amid increasingly fragile global supply chains.

  • Manchester United Shares Rally After Earnings Beat and Stronger Full-Year Outlook (MANU)

    Manchester United Shares Rally After Earnings Beat and Stronger Full-Year Outlook (MANU)

    Manchester United plc (NYSE:MANU) reported third-quarter fiscal 2026 results on Wednesday that exceeded market expectations, sending the club’s shares sharply higher in premarket trading.

    The football club posted adjusted earnings per share of £0.03, outperforming analyst expectations for a break-even result.

    Manchester United shares climbed 7.61% in premarket trading following the earnings announcement.

    Quarterly revenue increased to £189.5 million, beating analyst forecasts of £164 million and rising 18.1% from £160.5 million recorded in the same period last year.

    The club also raised its full-year fiscal 2026 revenue guidance to between £655 million and £665 million. The midpoint of £660 million sits above analyst consensus estimates of £653.4 million.

    Manchester United further upgraded its adjusted EBITDA forecast for the year to a range of £200 million to £210 million.

    Chief executive Omar Berrada said, “We feel very positive about the club’s progress this season and the continuing positive impact of our business transformation initiatives.”

    “Finishing third in the Premier League and securing qualification to next season’s UEFA Champions League is testament to our men’s team’s improved form on the pitch.”

    For the nine months ended March 31, 2026, Manchester United generated operating profit of £37.7 million, compared with an operating loss of £3.2 million in the same period a year earlier.

    The improvement was driven by cost-reduction measures and stronger Premier League performance. Adjusted EBITDA for the nine-month period increased 29.0% to £187.5 million from £145.3 million.

    Broadcasting revenue rose 57.1% during the quarter to £64.9 million, supported by the club’s stronger expected Premier League finishing position.

    Commercial revenue increased 10.3% to £82.4 million, while matchday revenue declined 5.2% to £42.2 million due to three fewer home games compared with the previous year.

  • Amazon Pours £15 Billion Into Britain During 2025, Maintaining Investment Momentum

    Amazon Pours £15 Billion Into Britain During 2025, Maintaining Investment Momentum

    Amazon (NASDAQ:AMZN) announced on Wednesday that it invested over £15 billion ($20 billion) in the UK during 2025, continuing its progress toward a previously announced plan to commit £40 billion to the British economy by the end of 2027.

    The company said the investments included the rollout of new operational hubs, expansion of studio production infrastructure and office facilities, along with the start of a drone delivery testing programme.

    Amazon reported that revenue from its UK business exceeded £30 billion in 2025. The group also stated that it contributed more than £1.3 billion in taxes during the year, up more than 20% from 2024. These payments covered corporation tax, business rates, national insurance and digital services tax obligations.

    The company employs approximately 75,000 workers in Britain, placing Amazon among the country’s largest private employers.

    Britain continues to rank as Amazon’s third-largest market globally, behind only the United States.

  • Gold Weakens as Markets Monitor Inflation Risks and U.S.-Iran Diplomacy

    Gold Weakens as Markets Monitor Inflation Risks and U.S.-Iran Diplomacy

    Gold prices traded lower on Wednesday as investors remained cautious over ongoing negotiations between the United States and Iran, while fears of higher energy-driven inflation and tighter monetary policy continued to weigh on sentiment.

    At 05:51 ET (09:51 GMT), spot gold slipped 0.4% to $4,491.28 an ounce, while gold futures declined 0.3% to $4,523.20 an ounce.

    According to Al Jazeera, indirect diplomatic talks between Washington and Tehran have continued despite recent military clashes earlier in the week. U.S. officials said the fragile ceasefire remains in place, although Iran warned it would retaliate if the agreement is breached.

    U.S. Secretary of State Marco Rubio said this week that it may take a “few days” before the two sides can finalise a deal.

    Reports over the weekend suggested Washington and Tehran were nearing a framework agreement that would extend the ceasefire and reopen the Strait of Hormuz, a critical energy shipping route through which around 20% of the world’s oil supply moves. The passage has been heavily disrupted since the conflict erupted in late February, tightening oil supplies and lifting crude prices.

    Markets remain concerned that elevated oil prices could intensify global inflation pressures. This has increased expectations that major central banks, including the Federal Reserve and the European Central Bank, may keep interest rates elevated for longer or introduce further tightening measures.

    Such conditions generally weigh on gold prices because the precious metal does not provide yield and tends to become less attractive when borrowing costs rise.

    “Prices remain under pressure from elevated inflation expectations linked to higher energy prices, reducing the likelihood of near term rate cuts. While renewed U.S. Iran clashes in the Persian Gulf have added to uncertainty, markets retain some cautious optimism that a deal could still be reached,” ING analysts said in a research note.

    Meanwhile, aluminum prices climbed to their highest levels in four years on the London Metal Exchange as supply concerns intensified partly due to the Middle East conflict. ING analysts, citing Mysteel, added that stricter Chinese oversight on energy consumption and emissions is also reinforcing expectations for possible production curbs in the aluminum market.

  • Market Open: Pets at Home Profits, BP Chair Exit

    Market Open: Pets at Home Profits, BP Chair Exit

    European markets weakened as Pets at Home profits fell and BP faced governance scrutiny, while Brent crude and gold moved lower.

    Market Overview

    European markets moved lower at the open, with the FTSE 100 down 0.27 per cent, the CAC 40 falling 1.03 per cent and the DAX declining 0.80 per cent as investors assessed weaker corporate updates and ongoing geopolitical developments. In the US, sentiment remained firmer overnight, with the Nasdaq rising 0.30 per cent and the S&P 500 adding 0.19 per cent. Markets also continued to monitor oil price stability following signs of progress in US-Iran discussions, while UK retail and consumer data pointed to continued pressure on discretionary spending.

    Commodity markets were mixed, with Brent crude easing as traders weighed supply expectations against Middle East risks. Gold and copper both softened, reflecting cautious sentiment around global growth expectations. Sterling was broadly firmer against the US dollar and Australian dollar, while Bitcoin edged higher against the pound. Investors also reacted to easing UK grocery inflation and signs consumers remain focused on affordable leisure spending.


    Market Numbers

    FTSE 100: Down (-0.27%), 10,478.87
    CAC40: Down (-1.03%), 8,173.110
    DAX: Down (-0.80%), 25,184.89
    NASDAQ: Up (0.30%), 30,057.6
    S&P 500: Up (0.19%), 7,531.4


    In the Headlines

    Profit Pressure – Pets at Home (LSE:PETS)
    Pets at Home reported a slide in annual profits as price reductions and softer consumer demand weighed on margins. The update highlights continued pressure across UK retail as households remain cautious on discretionary spending.

    Leadership Dispute – BP (LSE:BP.)
    BP’s former chair said he was removed without explanation, raising questions around governance and leadership stability at the energy major. The development comes as investors continue to focus on strategic direction and energy market volatility.


    Currencies (vs GBP)

    USD: Up (0.03%), $1.3451
    CHF: Down (-0.12%), Fr.1.05522
    EUR: Down (-0.14%), €1.1543
    JPY: Up (0.01%), ¥214.244
    AUD: Up (0.42%), $1.882660
    Bitcoin (BTC/GBP): Up (0.09%), £56,405.4


    Commodities

    Copper: Down (-0.45%), 6.42270
    Gold: Down (-0.54%), 4,483.18
    Brent Crude: Down (-2.78%), 94.29
    Natural Gas: Down (-0.17%), 2.994

  • Oil Prices Slip as Markets Monitor U.S.-Iran Diplomatic Efforts

    Oil Prices Slip as Markets Monitor U.S.-Iran Diplomatic Efforts

    Oil prices edged lower on Wednesday, surrendering part of the previous session’s rally as traders assessed the outlook for negotiations between Washington and Tehran after renewed military clashes complicated attempts to restore shipping through the Strait of Hormuz.

    Brent crude futures dropped $1.52, or 1.53%, to $98.06 per barrel by 06:33 GMT, while U.S. West Texas Intermediate crude fell $1.90, or 2.02%, to $91.99 a barrel.

    The market had rallied sharply on Tuesday after fresh U.S. strikes in Iran weakened expectations that the two countries were close to securing an agreement to end the conflict.

    Tehran accused Washington of violating the ceasefire with attacks near the Strait of Hormuz, although the United States insisted its military response was defensive.

    Regional tensions intensified further after Israel expanded airstrikes in Lebanon on Tuesday, adding another obstacle to diplomatic negotiations.

    Following the ceasefire reached in April after three months of fighting, both sides had pointed to progress in talks over reopening the Strait of Hormuz, one of the world’s most important routes for oil and gas transportation. However, the latest escalation has cast uncertainty over whether those negotiations can continue successfully.

    Despite the renewed tensions, reports that several LNG carriers have recently crossed the strait improved sentiment among traders, raising hopes that the critical shipping corridor may reopen sooner than expected and help ease pressure on global energy supplies.

  • Micron Tops $1 Trillion Valuation as AI Rally Continues and Iran Negotiations Remain in Spotlight: Dow Jones, S&P, Nasdaq, Wall Street Futures

    Micron Tops $1 Trillion Valuation as AI Rally Continues and Iran Negotiations Remain in Spotlight: Dow Jones, S&P, Nasdaq, Wall Street Futures

    U.S. equity futures traded higher on Wednesday after semiconductor stocks powered another strong Wall Street session, sending the S&P 500 and Nasdaq Composite to fresh record closes. Investors continued to monitor developments surrounding U.S.-Iran peace negotiations while maintaining strong interest in artificial intelligence-related investments.

    As of 03:34 ET, futures on the Dow Jones Industrial Average were up 127 points, or 0.3%. S&P 500 futures gained 0.1%, while Nasdaq 100 futures advanced 0.2%.

    Markets ended Tuesday mostly higher, with the S&P 500 and Nasdaq Composite both setting new closing records. The Dow Jones Industrial Average was the only major index to finish lower.

    Technology and semiconductor shares remained at the centre of the rally as investors continued to pour money into companies expected to benefit from rapid AI infrastructure expansion.

    “Iran dominated the market conversation, but the parabolic surge in AI-linked stocks is occurring independent of anything happening in the Middle East,” analysts at Vital Knowledge said in a note to clients.

    Micron Extends AI-Driven Surge

    Micron (NASDAQ:MU) was among the biggest gainers, with its latest rally lifting the company’s market capitalisation above the $1 trillion mark for the first time in its history.

    The momentum continued in premarket trading Wednesday, with the stock adding more than 4%.

    Demand for advanced memory chips used in artificial intelligence systems has remained exceptionally strong as major technology companies accelerate AI investment. Micron, one of the few large-scale producers of high-bandwidth memory chips, recently announced that all of its HBM supply capacity through 2026 has already been allocated.

    The supply shortage has significantly boosted memory-chip pricing and improved expectations for Micron’s future profitability. Reuters, citing regulatory filings, reported that institutional investors have sharply increased exposure to the company.

    Markets Await Clarity on Iran Conflict

    Investors also remained focused on diplomatic efforts aimed at ending the conflict between the United States and Iran, which has been ongoing for nearly three months.

    Al Jazeera reported that indirect negotiations between Washington and Tehran have continued despite military exchanges earlier this week. U.S. officials said the fragile ceasefire remains in place, while Iran warned it would retaliate if the agreement is broken.

    Reports earlier this week suggested both sides were close to reaching a framework agreement that could include an extension of the ceasefire and the reopening of the Strait of Hormuz, a critical global oil shipping route. The channel has been heavily disrupted since the conflict began in late February.

    However, tensions in the wider region remain elevated. According to the Associated Press, fresh clashes erupted in southern Lebanon between Israeli forces and Hezbollah militants backed by Iran. Tehran has reportedly insisted that any broader peace agreement must also address the fighting in Lebanon.

    Oil Prices Ease From Recent Highs

    Oil prices declined as traders reacted to the latest diplomatic developments.

    Brent crude futures fell 2.2% to $97.38 a barrel. Although prices have retreated from recent peaks above $100, they remain substantially above levels seen before the conflict began.

    The Strait of Hormuz continues to be a key focus for energy markets after Iran effectively restricted maritime traffic following the escalation involving U.S. and Israeli forces.

    Reports that several ships had successfully passed through the waterway this week improved hopes of a gradual reopening, although oil shipments remain far below normal levels.

    Samsung Workers Back Wage Agreement

    Separately, a majority of unionised workers at Samsung Electronics (USOTC:SSNHZ) approved a tentative wage agreement on Wednesday, removing the threat of a major strike that could have disrupted global semiconductor supply chains and weighed on South Korea’s economy.

    The union said around 74% of participating workers voted in favour of the agreement. The deal halts plans for an 18-day strike involving roughly 48,000 employees, most of whom work in Samsung’s semiconductor operations.

    Samsung shares finished the session 2.7% higher in Seoul.

    The wage agreement, reached with government mediation, followed difficult negotiations over bonuses and profit-sharing tied to soaring demand for AI-related memory chips.

  • European Markets Open Higher While Brent Oil Falls on Optimism Over Iran Negotiations: DAX, CAC, FTSE100

    European Markets Open Higher While Brent Oil Falls on Optimism Over Iran Negotiations: DAX, CAC, FTSE100

    European equity markets moved higher at the open on Wednesday, extending gains seen across global markets as investors balanced uncertainty surrounding U.S.-Iran peace negotiations with continued optimism linked to artificial intelligence-driven growth.

    At 07:05 GMT, the pan-European Stoxx 600 index advanced 0.2%, while Germany’s DAX rose 0.4%. France’s CAC 40 also gained 0.4%, and the UK’s FTSE 100 added 0.1%.

    Investors remain focused on diplomatic efforts aimed at ending the conflict between the United States and Iran, which has now lasted for nearly three months. The confrontation has effectively disrupted traffic through the Strait of Hormuz, pushing global energy prices higher and raising concerns over the broader economic outlook.

    According to Al Jazeera, indirect discussions between Washington and Tehran have continued despite renewed exchanges of fire earlier this week.

    Bank of Japan Governor Kazuo Ueda warned that the energy shock created by the conflict could have lasting economic consequences, while European Central Bank board member Isabel Schnabel stated that an interest rate increase at the ECB’s June meeting would still be justified even if a peace deal is reached.

    Brent crude futures, the global benchmark for oil prices, were last down 2.1% at $97.52 per barrel. Although prices have retreated from recent highs above $100 a barrel, Brent remains significantly above pre-conflict levels near $70 per barrel.