Jadestone Energy shares soar on the back of New Zealand purchase November 18, 2019 Singapore-headquarted Jadestone Energy today agreed to buy a 69 per cent stake in New Zealand’s Maari project oil field for $50m (£38.6m). The London-listed firm’s shares jumped at the announcement, rising 17.8 per cent on Monday. Read more: Shell picks Citi bank for $1bn sale of Egyptian oil assets Jadestone, which focuses on oil and [...]
Jordan B Peterson interview: The unlikely conservative superstar March 1, 2021 As Jordan Peterson’s new book Beyond Order is released, we revisit our 2018 interview with the unlikely conservative superstar, discussing the high price of fame, causing offence and that interview with Cathy Newman. ••• Professor Jordan B Peterson’s apartment smells of meat. It’s 8am and his wife, Tammy, is fastidiously slicing a pile of steaks, [...]
Mining royalty company Anglo Pacific Group expects continuing growth in the coming year May 15, 2018 Mining royalty company Anglo Pacific Group started off the first quarter of this year with a strong cash flow of £13.3m following on from its record year 2017. The figures Anglo Pacific Group has reported royalty income doubling each year since 2015, and today announced that its cash flow had remained stable at £13.3m, compared [...]
Saudi Aramco to pay out $75bn dividend as it courts investors ahead of IPO September 30, 2019 Saudi Aramco has said it plans to pay a base dividend of $75bn (£61bn) in 2020 as it gears up for its highly-anticipated public float. Read more: JP Morgan set to pip rivals for Saudi Aramco mega-float The Saudi Arabian state oil giant has been courting potential investors for the initial public offering (IPO), from [...]
City Moves for 8 November – Who’s switching jobs at Sancus BMS, Trident Resources and IMG? November 8, 2019 Today’s City Moves includes Sancus BMS, Trident Resources and IMG Sancus BMS Sancus BMS Group, the asset backed alternative lender, has announced that Bob Rowbotham has joined their team in London as director of business development. Bob will be responsible for developing relationships and generating business from brokers and borrowers throughout the UK. Bob’s most [...]
New deals still on the table says chief executive as Anglo Pacific doubles growth year-on-year April 25, 2019 Strong growth at its star project helped mining royalties group Anglo Pacific boost its income by two per cent quarter-on-quarter in the first three months of the year, the firm said today. The Kestrel coal mine in Queensland, Australia, grew incomes 12 per cent from the last quarter of 2018, while sales volumes increased by [...]
Property of the Week: This Regent’s Park mansion was the setting for a Victorian scandal October 25, 2019 Owning a neoclassical mansion in Regent’s Park would be quite nice in itself. Buy this former ambassadorial residence that has just come to the market on Cumberland Terrace, though, and you will also be able to retrace the steps of 19th century royalty, artists and high society. The grade I-listed, five-bedroom mansion was built in [...]
How to quit your job with royal grace like Harry and Meghan January 13, 2020 We can all sympathise with Harry and Meghan’s predicament. You take a nice long break over the Christmas period, perhaps squeeze in a few days abroad and enjoy some long walks at one with nature. The fresh air clears your head (or maybe it was that extra glass of prosecco?) and you realise that you’ve [...]
Hipgnosis snaps up Chainsmokers catalogue as spending spree continues August 20, 2019 Music royalties specialist Hipgnosis has continued its recent run of strong form, securing the rights to the music catalogue of The Chainsmokers. Read more: Hipgnosis bags rights to music catalogue of Ed Sheeran songwriter Hipgnosis said it has acquired 32 songs by the DJ duo, who have bagged 55 number ones and rack up 41m [...]
Musical shares: Why Merck Mercuriadis believes the old ones are always the best October 14, 2019 Merck Mercuriadis has a party trick. If you tell the veteran music mogul-turned City slicker your favourite band, he’ll name an older band that influenced them. Like a Spotify algorithm, but in real life. Mercuriadis’s encyclopedic music knowledge is hardly surprising. Over his career he has managed artists including Morrissey, Beyonce and Elton John, and [...]