News Archive

London close: Mining stocks lift markets, but gains limited

2nd Jun 2026 16:07

(Sharecast News) - UK stocks edged higher on Tuesday, helped by further records on Wall Street, though gains were limited as investors continued to digest conflicting reports from the Middle East.

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Active Energy's Ghummud facility generates $110,000 net in first month

2nd Jun 2026 15:51

(Sharecast News) - Active Energy Group said on Tuesday that its recently-acquired Ghummud facility in Abu Dhabi generated AED 404,000, or about $110,000, in net revenue during its first full month of trading.

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Central Asia Metals agrees to acquire Cygnus in all-share deal

2nd Jun 2026 15:47

(Sharecast News) - Central Asia Metals announced on Tuesday that it has agreed to acquire Cygnus Metals in an all-share deal valuing the Australian-listed company at about AUD 232m, adding the Chibougamau copper-gold project in Québec to its portfolio.

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Primorus Investments posts smaller full-year profit

2nd Jun 2026 15:43

(Sharecast News) - Primorus Investments reported a lower full-year profit for 2025, although net assets rose as the investment company said it had made progress in simplifying its portfolio and recycling capital.

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Europe close: Stocks manage gains as oil prices pull back

2nd Jun 2026 15:08

(Sharecast News) - European shares managed gains on Tuesday despite continued uncertainty over the US-Iran ceasefire, Israel's attacks on Lebanon, a heavy Russian bombardment of Ukraine and a fresh rise in eurozone inflation.

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Director dealings: Staffline, Great Southern Copper insiders linked to sale-and-repurchases

2nd Jun 2026 15:07

(Sharecast News) - Staffline chairman Thomas Spain's closely associated investment vehicle and Great Southern Copper non-executive director Nicholas Briers carried out matched sale-and-repurchase transactions, according to director dealing disclosures made to the London market on Tuesday.

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Sabien receives £0.2m, proposes balance sheet strengthening

2nd Jun 2026 14:58

(Sharecast News) - Sabien Technology said on Tuesday that it had received £213,708 in cash from b.grn Group and proposed a series of debt reduction and share-settlement measures intended to strengthen its balance sheet and sharpen its focus on commercialising its M2G energy-reduction technology.

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Geo completes airborne survey at Gorge project

2nd Jun 2026 14:54

(Sharecast News) - Geo Exploration said on Tuesday that an airborne magnetic and radiometric survey had been completed at its Gorge project in Western Australia, as the company advances early-stage exploration and drill targeting work.

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FTSE 100 movers: Miners gain in tandem with copper prices; BAT falls

2nd Jun 2026 14:50

(Sharecast News) - London's FTSE 100 was up 0.3% at 10,372.66 in afternoon trade on Tuesday.

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Broker tips: Rosebank Industries, IntegraFin

2nd Jun 2026 14:45

(Sharecast News) - Rosebank Industries rallied on Tuesday after both Citi and Jefferies reinstated coverage of the shares at 'buy'.

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US open: Stocks mixed as Iran uncertainty offsets AI rally

2nd Jun 2026 14:06

(Sharecast News) - Wall Street stocks opened mixed on Tuesday, with investors pausing for breath after indices reached new heights the previous session, as an ongoing rally in the chip and AI sectors was dampened by continuing uncertainty in the Middle East.

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Marvell Technology surges as Nvidia's Huang says it could be 'next trillion-dollar company'

2nd Jun 2026 14:05

(Sharecast News) - Shares of Marvell Technology surged on Tuesday after the chief executive of chip maker Nvidia said it was set to be the "next trillion-dollar company".

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FTSE 250 movers: GB Group tanks, Raspberry Pi surges

2nd Jun 2026 13:49

(Sharecast News) - FTSE 250 (MCX) 23,335.03 0.38%

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Shore Capital upgrades Transact owner IntegraFin to 'buy'

2nd Jun 2026 13:31

(Sharecast News) - Shore Capital upgraded IntegraFin to 'buy' from 'hold' on Tuesday and lifted the price target to 400p from 350p as it said the Transact owner is "an excellent business, properly undervalued".

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Power Metal Resources reports total full-year profit of £3.2m

2nd Jun 2026 13:15

(Sharecast News) - Power Metal Resources reported a total comprehensive profit of £3.2m for 2025 on Tuesday, as the exploration investor said disposals and portfolio progress had strengthened its balance sheet and validated its project incubator model.

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