Commodities

Empyrean Energy (AIM:EME), ae US onshore oil, gas and condensate exploration, development and production company, has arranged a US$5 million drawdown under Tranche B of its facility with Macquarie Bank to fund operations during 2014. The work will include the increased pace of drilling expected on the Sugarloaf AMI, an Eagle Ford Shale oil, condensate […]

Anglo Asian Mining (AIM:AAZ), an AIM listed gold producer in Azerbaijan, has issued positive exploration updates from new drilling undertaken just north of its flagship Gedabek gold, copper, silver mine in western Azerbaijan. Overview: – On-going ~3,000m drilling programme has shown continuation of a high grade gold zone just 400m north of the Gedabek operating […]

Sula Iron & Gold (LSE:SULA), a multi-commodity exploration company focussed on Sierra Leone, has completed a detailed ground magnetometer and geochemical soil survey over several of its gold targets at its wholly owned 153 km2 Ferensola Project. The project, which is prospective for both iron and gold is located within the northern sector of the […]

Goldplat (AIM:GDP), the AIM listed gold producer in Africa, has announced that its current Executive Director Mr. Hansie van Vreden has been appointed Chief Operating Officer of Goldplat with immediate effect. This appointment will see Hansie responsible for Goldplat’s gold recovery operations and expansion opportunities in Africa. As previously announced, Dr Robert Pitts Smith stepped […]

Europa Oil & Gas (LSE:EOG), an AIM listed oil and gas exploration, development and production company focused on Europe, has completed a placing to raise approximately £2.86 million (before expenses). 47,694,665 ordinary shares of 1 p each (‘Ordinary Shares’) have today been admitted to trading on AIM. Shareholders are reminded that the Open Offer to […]

The quiet community of Kirkland Lake is located in northern Ontario adjacent to the Quebec border, in an area where the forests are far more dense than the population and where the temperatures at this time of year average a high of -10.7° Celsius and a low of -23.4°C. It also sits strategically within what […]

DekelOil (LSE:DKL), the operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has accepted the conversion of four Capital Loan Notes totalling EUR570,000. The Loan Notes will convert into 43,913,713 new ordinary shares of €0.00003367 each in the Company (‘New Ordinary Shares’) at a conversion price of 1.1 pence […]

Noricum Gold (LSE:NMG), an Austrian focussed gold exploration and development company, has announced significant high grade gold and silver mineralisation has been returned from the remaining holes drilled during its 2013 underground drill programme. The campaign was focussed on the previously producing underground mine target within the Company’s 100% owned Rotgulden Gold and Precious Metals...

Black Mountain Resources (AIM:BMZ) the silver focused development company with interests in the US, has said that it has secured A$3 million strategic long term debt financing with Alcyone Resources Limited (ASX:AYN) which will be utilised towards funding the development of the New Departure and Conjecture Silver Projects. Company chairman Peter Landau said, “We are […]

Sula Iron & Gold (LSE:SULA) a multi-commodity exploration company focussed on Sierra Leone, has appointmented of Mr Andrew Dacey as Non-Executive Technical Director with immediate effect. Additionally, Mr Gareth O’Donovan will step down from the Board in order to focus on his other work commitments. The appointment of Mr Dacey strengthens the Board as the […]