Atlantic’s Ewoyaa project will mark Ghana’s first lithium mine Atlantic Lithium is tantalisingly close to breaking ground at its flagship Ewoyaa Lithium Project in Ghana. Mineral resource estimates at Ewoyaa received a shot in the arm in July and just this week, Atlantic secured an operating permit from the Minerals Commission of Ghana. This marks…
Gold hit an all-time high in September but has since fallen back Analysts expect supportive environment to continue with added Fed boost By Mike Sheen Updated: 14:40 BST, 10 October 2024 Analysts have backed gold prices to maintain momentum in the months ahead to reach fresh all-time highs as central banks continue to cut…
N Brown Group reported a £200,000 profit for the six months ending August Total revenue fell by 6.7% to £277.2m, largely driven by falling product sales By Harry Wise Updated: 14:37 BST, 10 October 2024 Simply Be owner N Brown bounced back to a first-half profit despite sales continuing to decline amid bad weather and…
By City Reporter Updated: 09:20 BST, 10 October 2024 Germany looks set for a two-year recession as it cements its status as the ‘sick man of Europe’. As the country’s economy minister admitted ‘the situation is not satisfactory’, his department expects output to shrink 0.2 per cent in 2024, having previously pencilled in growth of…
Rio Tinto said it intends to purchase Arcadium Lithium for $5.85 per share Arcadium Lithium was formed in January from the merger of Allkem and Livent By Harry Wise Updated: 16:30 BST, 9 October 2024 Rio Tinto has agreed to acquire Arcadium Lithium in a $6.7billion (£5.1billion) deal, which is set to make the FTSE…
By This Is Money Updated: 13:56 BST, 9 October 2024 London-listed packaging giant Mondi is set to expand in Western Europe after striking a €634million deal with Schumacher Packaging. It follows Mondi’s abandoned takeover bid for London-listed rival DS Smith, which is set to be acquired instead by American rival International Paper. Mondi told investors…
In this episode of Money Mantra, StockGro Founder and CEO Ajay Lakhotia speaks to equity investor Mukul Agrawal on his rather unconventional switch from MBBS to stock market trading. Mukul discusses how his family business got him interested in the stock market, after which he decided to pursue it as a full-time career. He recalls…
By Emily Hawkins Updated: 22:06 BST, 8 October 2024 TV star Shaughna Phillips, Shein’s UK sales hit £1.55bn compared to £1.12bn over a 16-month period the year before Sales at Shein’s UK arm topped £1.5billion last year ahead of what looks set to be a controversial stock market listing in London. The Chinese online giant’s meteoric…
By This Is Money Updated: 10:09 BST, 8 October 2024 Retail sales increased by 2 per cent year-on-year in the UK last month, according to the British Retail Consortium, as the cold and wet weather encouraged consumers to purchase warm clothing. Among the companies with reports and trading updates today are Imperial Brands, Vodafone, Vistry…
By Jeff Prestridge Updated: 16:39 BST, 7 October 2024 Edentree is an asset manager which specialises in responsible and sustainable investing. There are no gimmicks or whiffs of greenwashing – those investment funds that are labelled green yet are anything but when their holdings are scrutinised. The investment business, which started life as Ecclesiastical Investment…
