Commodities

Company continues to refocus global petrochemical business for long-term growth HOUSTON – BP has decided to market for sale its Decatur, Ala., petrochemicals complex as part of a broader reorganization of the company’s global petrochemicals business. BP’s refocused petrochemicals strategy is pursuing a competitively advantaged portfolio through world-scale, low-cost facilities that...

Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD did not move upwards or downwards significantly last week, though the outlook remains bearish. Last week was the week in which the FX markets consolidated the most this year, with certain pairs and crosses not going up or down by 50 pips throughout […]

Namib Project Work Programme Update North River Resources plc, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, has outlined its operational and corporate plans for the Project. This update follows the announcement dated 30 October 2015, in which the Company stated that it would review its short term operational strategy […]

Drilling Underway Targeting Extensions to the High Grade Copper at Mahab 4 – Block 5, Semail Ophiolite Belt, Oman Savannah Resources plc (LSE:SAV) has announced that diamond drilling is underway targeting extensions to high grade copper zones identified around the Mahab 4 deposit on the Block 5 permit in Oman. Savannah owns a 65% shareholding […]

UNSECURED BRIDGE LOAN Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced that it has entered into a bridge loan agreement for an amount of USD150,000 from Deutsche Balaton AG, a new institutional investor pending the passing of certain resolutions at the General Meeting scheduled for 19th […]

Pre-payment facility agreed with Auramet International Goldplat plc, the AIM listed African gold producer, has announced that its gold recovery operation in Ghana, Gold Recovery Ghana has received cash of USD1.4 million on 5 November 2015 in respect of the backlog material sold to Aurubis AG. This receipt will enable GRG to make payments to […]

The pilot plant, located at Morro Azul in the State of Minas Gerais, processed 160 wet tonnes of ore over an 11 day period Horizonte Minerals Plc, (LSE:HZM) the nickel development company focused in Brazil, has announced the completion of the integrated Rotary Kiln Electric Furnace pilot plant campaign for its 100% owned Araguaia nickel […]

Pantheon Resources stock (LSE:PANR) has skyrocketed seriously, making substantial gains. The bullish race started gradually in September, becoming more and more serious in October. But this month, the bullish race was so momentous that the price almost went up in a straight line. Would this bullish race be sustained? 4 EMAs are used for this […]

Tullow Oil shares (LSE:TLW) are currently seen as a lure that can make buyers go into a trap – as the current price action shows. The market trended seriously downwards in the most part of this year. The market started making some bullish attempts from October 2015, which has been rejected repeatedly around the resistance […]

SIERRA LEONE DECLARED EBOLA-FREE Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, has welcomed the announcement made by the World Health Organisation on Saturday 7 November 2015 that Sierra Leone is Ebola-free after going 42 days without any new infections. The Company, which is in the process of preparing […]