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Matador Mining begins its largest exploration season at Cape Ray Gold Project in Canada The program began three months earlier than previous programs and is anticipated to incorporate the first winter exploration drilling undertaken by the company. Snow cleared at the Cape Ray Camp site in Newfoundland for the 2021 exploration program. Matador Mining Ltd (ASX:MZZ) (OTCMKTS:MZZMF) (FRA:MA3) has started 2021 exploration at its 100%-owned Cape Ray Gold Project in Newfoundland, Canada, in what is shaping as its largest program to date. The 2021 exploration, which started three months earlier than normal, will include the largest diamond drilling program ever undertaken by the company with upwards of 20,000 metres planned. ....
FTSE 100 closes in the green but FTSE 250 loses ground as market searches new narrative The UK s top share index finished up over 35 points, or 0.52%, at 6,895 FTSE closes up 35 points Just Eat hit by competition plans in Germany US stocks in the green 5pm: FTSE closes ahead FTSE 100 closed in positive territory midweek as stock markets rebounded after Tuesday s falls. The UK s top share index finished up over 35 points, or 0.52%, at 6,895, with pharma groups and tobacco giants making up some of the top risers. The more domestically focused FTSE 250 went the other direction though, losing nearly 23 points, or 0.,10%, at 22,085. Cheif market analyst at online trading group IG Chris Beauchamp noted that the market still seems in search of a new narrative and added that earnings season provides the potential for some more downside as companies find themselves struggling to spin a positive case to justify further appreciation in their stock pric ....
FTSE 100 continues to gain ground as oil companies provide support Companies FTSE 100 continues to gain ground as oil companies provide support The UK blue chip index heads higher as inflation figures come in marginally lower than expected Petrol price rises added to inflation 9.40am: BP and Shell head higher OIl companies are giving some support to a UK market which looks in a bit better shape than on Tuesday. The FTSE 100 is currently up 38.87 points or 0.57% at 6898.74. The moves come despite a 0.32% slip in Brent crude to $66.36 a barrel, but on the whole the oil price is holding up despite renewed worries about a rise in the number of COVID-19 cases worldwide hitting travel and the prospects of economic recovery. Concerns about supply disruption from Libya is also in investors minds. ....
S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week Companies S&P/ASX 200 dives 1.37% as new COVID-19 cases rise for eighth straight week Netflix shares slumped more than 10% in after-hours trading after adding just under 4 million subscribers in the first quarter missing the company’s forecast of 6 million. Iron ore prices rose by US$6.55 or 3.6% to a 10-year high of US$187.75 a tonne. S&P/ASX 200 (INDEXASX:XJO) dived 1.37% to 6,921.5 points by 1 pm on its worst session since late February as new COVID-19 cases worldwide increased for the eighth straight week, with a record 5.2 million infections reported in the past seven days and an alarming growth rate in young people, according to the World Health Organization (WHO). ....