Global News

Polymetallic Discovery at Hammaslahti Project continues to grow – mineralisation now intercepted over 500m along north to south strike and all holes in first cross-section hit mineralisation FinnAust Mining has announced the discovery of additional high grade copper, zinc, lead, silver and gold mineralisation, which has extended the previously identified high grade polymetallic...

Time to look back. The Azerbaijan International Operating Company (AIOC) operated by BP, has celebrated the 20th anniversary of the Azeri-Chirag-Gunashli (ACG) production sharing agreement, signed on 20 September 1994 between Azerbaijan and eleven international companies – but, on reflection, how does it add up? From the start, activity level on ACG has remained high. […]

Incorporation of JV Company and Award of Permit to Participate in Upcoming Mexican Licensing Rounds MX Oil, the AIM quoted oil and gas investment Company focused on the re-opening Mexican energy sector, has announced the incorporation of its Mexican joint venture company with established local oil services provider, Geo Estratos. This update is in line […]

It has been wisely said that, “Just because you are paranoid, it does not mean that people aren’t out to get you.” BP’s share price (LSE:BP.) (NYSE:BP) is being battered once again by the never-ending repercussions of the Deepwater Horizon tragedy in the Gulf of Mexico. The oil giant is beginning to look like the 97-lb. […]

Here is a long-term forecast on Alibaba Group Holding stock (NYSE:BABA). This is a new market – one of the newest on earth and the media is full of the hype. It is better to speculate on this market with the aim of making long-term gain that is bigger than loss, while also considering potential […]

Shareholders responded enthusiastically to Panmure Gordon’s (LSE:PMR) first half year report, boosting its share price by 17.44% to 165.00 from yesterday’s close of 140.50. The last time PMR shares were above 160.00 was 04 April this year. It’s an impressive gain based on an impressive report, but the share price still has a ways to […]

Update on Strategic Review and FSP alongside Further to the announcement by the Company on 10 July 2014 in connection with a strategic review and the commencement of a formal sale process, Empyrean advises that it has set a closing date for bids of 25 September 2014. As notified previously, the Board reserves the right […]

Preliminary Results Goldplat plc, the AIM listed gold producer, announces its preliminary results for the year ended 30 June 2014. Overview: – Focussed on growth of market-leading gold recovery operations in Africa – South African gold recovery operation became the first secondary gold producer to be accredited as a “Responsible Gold” depositor, significantly enhancing...

Germany-based pharmaceutical giant Merck KGaA. (DE:MRK) announced this morning that it will be acquiring U.S.-based life sciences company Sigma -lrdrich NASDAQ:SIAL) for $17 billion, or $140 per share. Sigma-Aldrich had closed at $102.37 on Friday, 19 September, but pre-trading this morning on the heels of the announcement drove the shares to open at $137.28, an […]

Interim Results Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, announces its interim results for the six month period ended 30 June 2014. Highlights: * 93% increase in H1 2014 revenues to US$1,755,459 (H1 2013: US$910,721) * Half year EBITDA of US$699,397 compared to US$237,552 (after removing gain […]