Commodities

To create combined Asheba-Akoko Gold Project in Ghana Goldcrest Resources plc, the gold focused exploration company with interests in projects in Ghana, has agreed terms to acquire the entire issued share capital of Taoudeni Resources Limited, a company incorporated in England & Wales and which owns 100% of the Asheba Gold Project located in Ghana. […]

Proposed Disposal of Sugarloaf AMI Project for a Consideration of up to US$71.5 million Empyrean Energy PLC (AIM:EME.L), a profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced that it has entered into a conditional purchase and sale agreement with Carrier Energy Partners II, […]

Admission to Trading and First Day of Dealings Falcon Acquisitions Limited has announced that its entire issued ordinary share capital consisting of 20,375,100 Ordinary Shares of £0.01 each will today be admitted to the standard segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange’s main market […]

Quarter 4 and Full Year 2015, operations and production update – Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining plc, the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided an operations and production update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months […]

Moving Towards First Production in Q2 2016 at Grants Patch Gold Tribute Project, Australia Keras Resources, the AIM quoted resource development company, has confirmed that it has made progress at the Grants Patch Gold Tribute Project, located 30km north of Kalgoorlie in the prospective Western Australian goldfields. The Company believes it will commence initial production […]

Ruhr Oel GmbH as part of German refining venture restructuring Rosneft and BP have announced that they have signed a binding agreement to dissolve the existing refining JV Ruhr Oel GmbH (ROG) as they move toward completion of the previously announced restructuring of the two companies’ German refining and petrochemical venture. The agreement was approved […]

Markets FTSE 100 Indicators are mostly bearish and the Elliott wave is wave iii (circle) down. Wave ii (circle) ended at 6314.5, the index should not return to that level. The decline has resumed with wave iii (circle) in five waves [(i),(ii),(iii),(iv),(v)]. Sentiment is bearish and wave (i) is over, the index is now bouncing […]

Drilling Completed in Oman Savannah Resources (AIM:SAV), advises that it has completed its initial reverse circulation and diamond drilling programme over Blocks 4 and 5 in Oman, which are prospective for both copper and gold. Savannah is earning a 65% shareholding in the Omani company, Al Thuraya LLC, the owner of the Block 4 licence […]

‘Highly respected petroleum engineer and oil and gas investment specialist’ Magnolia Petroleum, the AIM-quoted, US onshore-focused oil and gas exploration and production company, has announced that Mr. Thomas Wagenhofer has been appointed Chairman of the Board with immediate effect. He replaces Mr. Gavin Burnell who is stepping down from the Board to pursue other business […]

Placing to Raise £825,000 to Accelerate Expansion of Trading Operations African Potash, the AIM listed exploration company focused on the vertical integration of fertiliser operations in Africa and sub-Saharan potash assets, has announced a placing of 48,529,412 new ordinary shares in the Company at a price of 1.7p pence per share to raise gross proceeds […]