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1 week ago | 
thisismoney.co.uk | Oliver Haill |Proactive Investors
In the face of the market persistently discounting their shares relative to net assets over the past couple of years, most self-respecting investment trust boards have tried various strategies to close the gap. Supermarket Income REIT has done what several others have discussed but rarely delivered - it has parted ways with its external investment manager and brought the team in-house.
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1 week ago | 
msn.com | Oliver Haill |Proactive Investors
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 month ago | 
thisismoney.co.uk | Jamie Ashcroft |Proactive Investors
It is time to make titanium headline news, that's pretty much the message from Empire Metal's CEO Shaun Bunn. If I ask you to name a strategic mineral, the chances are you'll first say lithium, and after a few more guesses, perhaps you'll have a go at pronouncing a rare earth element – probably one that looks like it was spelled by pouring out the dregs of a Scrabble sack. And, for sure, those have been the trendy investment plays in recent years.
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Jan 20, 2025 | 
thisismoney.co.uk | Jamie Ashcroft |Proactive Investors
Tower Resources, a small-cap explorer listed on London’s AIM, is now breathing rarified air thanks to a deal announced in early January. The farm-out deal was long in the waiting, as the company had been trying for a deal for several years, against a market backdrop that was far more challenging than when the process began. In truth, many investors bar the most patient and faithful had likely written off the explorer’s chances of getting a deal done.
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Jan 16, 2025 | 
au.investing.com | Proactive Investors
GTI Energy Ltd has commenced the drilling of three groundwater monitoring wells at the Lo Herma ISR Project in Wyoming’s Powder River Basin that will facilitate aquifer testing to confirm the suitability of the Lo Herma ore body for in situ recovery (ISR) mining. The groundwater monitoring holes will enable testing of the hydraulic parameters within the subterranean aquifer containing the Lo Herma ore body to confirm the orebody’s suitability for ISR mining.
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Jan 16, 2025 | 
au.investing.com | Proactive Investors |Europe strong
The Australian sharemarket is expected to open slightly higher today, after some mixed performances on Wall Street and strength in the European markets overnight. Gains in gold and base metals, alongside a healthier Australian dollar, are likely to provide additional support for local stocks. Key data expected to inform the mood include Chinese GDP growth, retail sales, fixed asset investment and industrial production figures.
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Jan 16, 2025 | 
uk.investing.com | Proactive Investors
Richemont (LON:), the owner of luxury jewellery brand Cartier, fired up the jewellery sector after reporting sales miles ahead of expectations for the quarter to end December 2024. Having been worried that sales would continue the weak trends seen earlier in 2024, the Cartier owner turned that on its head by reporting sales up 10% to €6.2 billion in the three months. Market forecasts had been for 1% growth. As well as Cartier, Richemont owns watch brands Piaget, IWC and Jaeger-LeCoultre.
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Jan 16, 2025 | 
uk.investing.com | Proactive Investors
The price of hit a month high on Thursday after abruptly rebounding from a sell-off following soft US inflation figures earlier in the week. Thursday saw the spot prices climb as high as US$2,711 an ounce to hit levels last seen in mid-December. Gold later receded to US$2,705, but remained up 0.67% for the day and by 3.5% since the turn of the year.
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Jan 16, 2025 | 
uk.investing.com | Proactive Investors
Shares in Associated British Foods PLC (LSE:LON:) were down 2.4% in morning trading after being downgraded by a leading Wall Street investment bank. Citi moved to 'sell' on ABF with a price target price of £17.70. It is forecasting a 6% negative expected total return (ETR). Citi’s analysis projects earnings per share (EPS) for fiscal years 2025 and 2026 to be 4% and 15% below Visible Alpha consensus estimates, driven by challenges at Primark and in the conglomerate's UK food divisions.
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Jan 16, 2025 | 
uk.investing.com | Proactive Investors
Petro Matad Limited (AIM:MATD, OTC:PRTDF) told investors that the Heron-1 well, in Eastern Mongolia, continued to deliver 200 barrels of oil per day of production and is awaiting the start of revenues in February. The company said that production from the Heron well, located in Block XX, amounting to around 15,750 barrels, is presently stored in facilities on the neighbouring Block XIX – and, once a co-operation agreement is sealed oil sales can begin.
