LSE Market News

Armadale (LSE:ACP), the AIM quoted investment company focused on natural resources projects in Africa, has confirmed the placing of 305,555,800 new ordinary shares of 0.01 pence each in the capital of the Company at a price of 0.18 pence per share to raise £550,000 before expenses, with institutional and other investors. The proceeds of the […]

Goldplat (LSE:GDP), the AIM listed gold producer in Africa, has announces that it has appointed Mr. Hansie van Vreden to the Board of Goldplat as an Executive Director, with immediate effect. In a statement the company said that “This Board appointment is in line with the Company’s strategy of succession planning and strengthening its team, […]

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP  friction-grip method of wellhead engineering, has held its Annual General Meeting.  Jerome Jeffrey Thrall, Plexus’ Chairman, made the following statement at the AGM: “For the twelve months ended 30 June 2013, for the third consecutive year, Plexus […]

Arria NLG (LSE:NLG) is a spin off a University of Aberdeen incubated business initially called Data2Text.  Arria acquired a 20% interest in Data2Text in May 2012.  On 25 October this year – 40 days ago – Arria completed 100% ownership.  This morning Arria NLG floated its shares on the AIM at 100.0 pence per share. […]

As I was saying yesterday, investors, especially those with large amounts at stake, need to take a closer look when the company in which they are investing indicates that they are on a cost-cutting campaign. This discussion was motivated by the Royal Bank of Scotland’s (LSE:RBS) computer system crash that, among other things, blocked customers […]

click here. Beacon Hill Resources (LSE:BHR)  the AIM and ASX (ASX:BHU) listed coal producer, has said that it has entered into an agreement to acquire, in stages, up to a 70% interest in the prospecting and exploration licence 3788L (‘Licence 3788L’) which has strong potential for Pig Iron mineralisation located in the Tete Province of […]

The Royal Bank of Scotland Group(LSE:RBS) has reached a settlement with the European Commission, in relation to competition law breaches concerning certain interest rate derivatives referenced to the London Interbank Offered Rate, LIBOR, based on Japanese Yen  and the Euro Interbank Offered Rate., URIBOR.  The Commission has handed out fines totaling 1.7bn euros to eight […]

Goldplat (LSE:GDP), the AIM listed gold recovery and production company in Africa, is pleased to announce that the Company’s market leading South African gold recovery operation, Goldplat Recovery (Pty) Limited has been certified as producer of Responsible Gold, with its strategic partner, Rand Refinery, one of the world’s leading gold refining companies. Responsible Gold, in […]

Anglo Asian Mining (LSE:AAZ), the AIM listed gold producer in Azerbaijan, have issued positive exploration update from additional drilling undertaken at its flagship Gedabek gold, copper, silver mine in western Azerbaijan. – Current c.3,000m drilling programme has discovered new high grade gold extension at Gedabek, north-west of the main Gedabek deposit (see map) · Elevated […]

I poured my morning coffee, unfolded my newspaper, and nearly choked on the headline:  RBS Admits Decades of IT Neglect.  All I could think was, “You blithering idiots!” I’m not going to discuss RBS share price (LSE:RBS) today, although I will say that it is, inexplicably, up 0.30 pence to 331.40, about one-tenth of one […]