Kenneth G. Mondero

ADVFN plc (LSE:AFN) released a new application for iPhone and iPad users who will be able to access all the necessary information needed to be able to perform trading on the go. This new trading tool for Apple users was released three months after the Android version was created with the same objective. The application, […]

High hopes are being placed on mineral resources explorer Beowulf Mining plc (LSE:BEM) with the release of assay results from its iron ore project in Sweden. Shares soared 10.5% in early morning trading today and settled at 10.25 pence by 12:00 PM GMT, after the Sweden-focussed “guardian of treasure” said significant high-grade iron mineralisation reaching […]

Exillon Energy plc (LSE:EXI) blames non-cash foreign exchange gains and write-offs from its assets that resulted in a negative bottom line for the first six months ending on 30th June 2012. The Russian-focussed independent oil producer said it was not able to earn foreign exchange gains as it did in 2011 and had to deduct […]

As of today, JJB Sports is for sale – and not just the products on display. The British sports retailer decided to put itself up for sale after the Directors realised money is hard to come by, especially to a company whose business is continuing to take the hits of “poor macroeconomic environment”. Earlier on, […]

Barclays plc (LSE:BARC) has finally named its new Chief Executive Officer and it turned out to be one of its own. Antony Jenkins, who, before today, was head of Barclays’ Retail and Business Banking, was chosen amongst internal and external candidates for the post in a search that, according to the bank’s outgoing Chairman Marcus […]

UPDATED: Pan African Resources plc (LSE:PAF) is to sell its Manica Gold Project  in Mozambique for Au$6 million in its plan to focus on its assets in South Africa but will still hold an indirect interest in the project, the company announced Wednesday, 9th August 2012. In a statement, the company revealed it has entered […]

UPDATED: Condor Gold plc (LSE:CNR) has concluded its drilling programme at its 100% owned La India Project in Nicaragua and said it is ready to present an updated resources estimate by September 2012. Eleven holes were drilled during the final phase of the programme for a combined depth of 1,890 metres and encountered mineralisations of […]

Sierra Leone-focussed miner African Minerals Limited (LSE:AMI) revised its guidance for the year to produce only about five to six million tonnes of iron ore, sending shares down 15.42% to £2.535 in early morning trading today. In a statement, African Minerals said the severe wet season has resulted in material handling issues and delay in […]

“No hydrocarbons flowed to surface,” was what Faroe Petroleum plc (LSE:FMP) said today, after performing a formation drill stem test (DST) in one of the targets reached by its Cooper well in the Norwegian Sea. Shares lost 8.9%, equivalent to 14.25 pence, to £1.45 an hour after the announcement was released – a reversal of […]

Borders & Southern plc (LSE:BOR) surprised the market this afternoon by releasing the results of the fluid sample taken from the Darwin well it drilled back in January this year. Shares closed 56.1% higher than yesterday to 32 pence, three hours after the Falkland Islands-focussed oil and gas explorer said the recoverable volume of gas […]