Global News

Anglo Asian Mining plc, the AIM listed gold producer in Azerbaijan, have provided investors with an update for the three months to 31 December 2013 and the year ended 31 December 2013) on production and operations at its flagship Gedabek gold/copper/silver mine in western Azerbaijan. Overview: · Gold production at Gedabek for Q4 2013 totalled […]

Beacon Hill Resources, an AIM and ASX listed coal producer, have announced further significant progress with its logistics and rolling stock for the transportation of coking coal from the Tete coking coal fields to the Port of Beira in Mozambique. · Completion of locomotives and wagons which will enable the Company to utilise its 0.5 […]

Alecto Minerals plc (LSE:ALO), the AIM quoted mining exploration company focusing on West and East Africa, has said that it has raised £1,500,000, before expenses, through the issue of 100,000,000 new ordinary shares of 0.01p each at 1.5p per share. The net proceeds of the Placing will be used to further advance the Company’s flagship […]

On 16 December 2013, the Board of Europa Oil & Gas (Holdings) plc announced details of a Placing to raise up to £2.86 million through the issue of 47,694,665 new Ordinary Shares and an Open Offer to raise up to a further £1.16 million through the issue of up to 19,332,855 new Ordinary Shares, all […]

Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, is pleased to announce its participation in four new wells in North Dakota. All four wells are to be drilled on the same spacing unit as the Skunk Creek 14H and Skunk Creek 15H wells that are producing from […]

Armadale, an AIM quoted investment company focused on natural resource projects in Africa, has welcomed the announcement by Mine Restoration Investments Limited, in which Armadale holds an interest of approximately 40%, to commence full coal briquetting commercial production. MRI is listed on the Alt-X Exchange of the Johannesburg Stock Exchange and aims to develop profitable […]

Atlantic Coal, an AIM listed anthracite coal mining company operating in Pennsylvania, USA, has announced a production and sales update for both the quarter and full year ended 31 December 2013 from its Stockton Anthracite Mine , located near Hazleton, Pennsylvania. Q4 2013 Key production and sales fundamentals: ● 45% increase in clean coal production […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, It’s been a cracking week for the UK’s FTSE 100, finally breaking-out above those 6775 bugbear festive highs to revisit October highs of 6820 and 6840 levels last seen in late May. helped by a largely positive and taper-supportive […]

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It would be a bit of “Johnny come lately” if I were to tell you that Google (NASDAQ:GOOG) is acquiring Nest Labs. Unless you have been living under a rock and been fracked out of house and home today, you already know that the search engine monster has paid $3.2 billion for a caviar that […]