Commodities

Positive Study for Acceleration of Cash Flows from Surface Mining at Tongo Project in Sierra Leone Stellar Diamonds plc, the London quoted (AIM:STEL) diamond development company focused on West Africa, announces the results of an independent study on its 100% owned 1.45 million carat Tongo Dyke-1 project in eastern Sierra Leone. The study and associated […]

First Diamond Export from Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds, the London listed (AIM:STEL) diamond development company focused on West Africa, announces its first export of diamonds and an operational update from trial mining at its 75% owned five hectare Baoulé kimberlite pipe in Guinea. Highlights: · Diamond parcel of 941 carats exported […]

Expands Operations into Mozambique Atlas Development & Support Services Limited (AIM:ADSS), the African focussed support services and logistics company, has announced that, in line with its expansion strategy for East Africa, it has been awarded its first support services contract in Mozambique. The agreement, with an international oil company, underlines Atlas Development’s...

There is a human tendency – we all have it – to forget the bigger picture when a singular matter is making headlines. Whilst I obviously believe the recent news regarding oil production and pricing is BIG (this is my fourth  consecutive  article on the subject), I feel compelled to remind us all that it’s not […]

I am finding it difficult to stray too far from the subject of oil, post the OPEC conference. It’s absurd to think that the reactions, responses and fallout are going to stop just because the headlines point us to the next big story. The immediate aftermath was highly predictable as investors thought the sky was […]

SIGNIFICANT GOLD TARGET AT KEPEZ WEST Ariana Resources, the gold exploration and development company focused on Turkey, has announced a resource target* on a zone of mineralisation delineated at the Kepez West prospect following the analysis of geophysical and geochemical data. Kepez West is one of several highly prospective targets within the Kiziltepe Sector of […]

Ground Electromagnetic Survey Underway on Block 5 Copper project, Oman Savannah Resources plc (AIM:SAV) announces that it has commenced a ground electromagnetic survey, which is the precursor to drilling over a series of high priority copper targets on the Company’s Block 5 copper project, located in the mineral rich Oman Ophiolite belt. HIGHLIGHTS: · A […]

Operations Update DekelOil Public Limited, the West African focused palm oil producer, has provided an update on its logistics operations at its 51% owned vertically integrated palm oil project in Ayenouan, Côte d’Ivoire, which includes a 60t/hr Crude Palm Oil extraction mill, one of West Africa’s largest. This update, the company said in a statement, […]

Proposed Variation and Conversion of approximately US$13 million of Convertible Loan Notes, Up to £1.5 million Fundraising, Share Capital Reorganisation and Notice of General Meeting Beacon Hill, the coking coal developer focused on the Minas Moatize Coking Coal Mine in Tete, Mozambique, has announced an update on its financing arrangements and the restructuring of its […]

I warned on 26 November that the fallout from whatever decision OPEC made about maintain their oil production at its current levels would have a significant impact. At the time, I asked the question, “Economics or Evolution?” After further consideration, I think I forgot to begin that last word with an “R.” What’s Really Going […]