Arc Minerals reveals strong cobalt grades at flagship project in Zambia (ARCM)

Arc Minerals (LSE:ARCM) dipped 2.3pc to 3.2p today despite reporting higher-than-expected cobalt grades in the latest round of drilling at its flagship Zamsort project in Zambia. The business drilled numerous short holes at the oxide portion of Zamsort’s Kalaba cobalt-copper prospect to confirm the grade of material intended for processing at its commercial-scale demonstration plant…

UK oil juniors rise as Wick and Colter wells get regulatory green light (RBD, BOIL, UOG, UPL, ADL)

Several junior oil and gas firms enjoyed a lift this morning on the news that Wick and Colter – two highly-anticipated offshore UK wells – have been cleared for drilling by a critical British regulatory authority. Corallian Energy, operator of the prospects, said the Offshore Petroleum Regulator for Environment and Decommissioning has advised the Oil…

Embattled MySQUAR reveals £900k disappearing act and resignation of nomad (MYSQ)

Suspended social media player MySQUAR (LSE:MYSQ) shocked investors today with the news that around £900,000 has left the business without approval. The Myanmar-focused firm said the money appears to have been paid to either third parties or former directors without being signed off by either its board or remuneration committee. MySQUAR made the discovery after…