Commodities

Audited Final Results Paragon Diamonds Limited, the AIM quoted vertically integrated diamond development company in Lesotho, Africa, has announced its audit final results for the year ended 31 December 2014. Overview – Substantial progress made towards building a leading vertically integrated diamond company – retaining ownership of the journey of a stone from the ground […]

Revenue of $705.5 million and net income of $20.0 million Steelcase Inc. (NYSE:SCS) today reported first quarter revenue of $705.5 million and net income of $20.0 million, or diluted earnings per share of $0.16. Excluding net restructuring costs, adjusted earnings were $0.17 per share. In the prior year, Steelcase reported $723.1 million of revenue, diluted […]

Drilling at the Mpokoto Gold Project Armadale, the AIM quoted investment company focused on natural resources projects in Africa, has commenced a 2,500m drilling programme in late July and undertake further analysis of the geological work conducted to-date with a view to increasing the current 678,000oz gold resource and optimising the already compelling economics of […]

What are the detials? Rosneft and BP today have signed several agreements strengthening the long term strategic relationship between the two companies, at the St. Petersburg International Economic Forum. Rosneft and BP signed final binding agreements for Rosneft’s sale to BP of a 20 per cent share of Taas-Yuryakh Neftegazodobycha (Taas), creating a new joint […]

£500,000 debt financing, Acquisition update and Share buyback programme Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that it has raised £500,000 of unsecured debt financing, from an investment company. The proceeds of the fundraise may be used to initiate a share buyback programme and to support short term working capital requirements […]

Commencement of Extended Well Test on Wressle Discovery, Onshore UK Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, has welcomed today’s announcement from Egdon Resources confirming the commencement of an Extended Well Test at the Wressle-1 oil and gas well […]

INSIGHTS INTO THE MINDSET OF SUPER TRADERS – Part 7 “I appreciate the opportunity to manage money for others. A lot of people don’t enjoy it, but I do.” – Mike Melissinos Name: Sam Zell Date of Birth: September 27, 1941 Nationality: American Occupation: Business magnate, investor and philanthropist Website: www.egizell.com Career Sam’s parents were […]

US$1.6 billion Net Mean Un-risked NPV10 for FEL3/13 Prospects – Irish Atlantic Margin Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with both producing and exploration assets in Europe, recently commissioned ERC Equipoise Ltd to complete an independent assessment of its interests in the Frontier Exploration Licence 3/13 in the […]

This morning as expected ENOC upped their offer for Dragon Oil (LSE:DGO) to 750p per share. This represents a 15p increase on their proposed offer and that would seem enough to gain the boards approval. This bid comes in 100p below the 850p value I believe Dragon is currently worth. ENOC state that they ‘met […]

Negotiations with COMESA As part of the Company’s strategy of expanding its activities, leveraging its position and identifying potential downstream opportunities for the development of its Lac Dinga Potash Project, African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, is pleased to announce that it has entered into discussions with the ACTESA […]