The UK Economy

Senate Gives Final Approval for Mexican Energy Reform Further to the Company’s announcement on 16 and 23 July 2014, MX Oil plc, the AIM listed oil and gas company focused on the re-opening Mexican energy sector, has responded to, following approval from the Lower Congress, the Mexican Senate gave final approval early on Tuesday with […]

Joint Venture Secured with Geo Estratos, Issue of Equity, Board and Broker Appointments and Update from Mexico MX Oil (LSE:MXO) has issued an update on its activities in line with the Company’s strategy to explore investment opportunities in Mexico’s energy industry, which is being reopened to the private sector to attract greater foreign investment and […]

Horizonte Minerals Plc (TSX:HZM)(LSE:HZM )announces that it has closed its previously announced Canadian public offering of ordinary shares of the Corporation and concurrent private placement offering in the United Kingdom of ordinary shares (the “Private Placement Shares”) of the Corporation. A total of 50,000,000 Offered Shares have been issued and 41,287,608 Private Placement...

New Engineering Premises in Plymouth Rame Energy plc, the international energy consultant, engineer and power generator, has announced that its wholly owned subsidiary, Rame Marine Services Limited (previously Seawind Marine Limited), has opened its new waterside marine engineering premises at Turnchapel in Plymouth. Rame Marine is a key component of the Company’s Engineering Services...

Ariana Resources plc, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced a finance agreement to bring its Kiziltepe Gold-Silver Mine into production. Kiziltepe is the initial mine targeted at the Red Rabbit Gold Project in western Turkey, a joint venture between Ariana and Proccea Construction Co.. The finance agreement has been […]

Operations Update Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, is provided an operations update across its portfolio of interests in proven US onshore formations including the Bakken, North Dakota and Woodford and Mississippi Lime, Oklahoma. This update is in line with the Company’s strategy to rapidly […]

Mariana Outlines Drill Targets at Los Cisnes Gold-Silver Project Following Positive Trenching Results, Southern Argentina Mariana Resources Ltd, the AIM quoted exploration and development company focused in Peru and southern Argentina, has announced that it has outlined a number of drill targets prospective for bulk tonnage gold and high-grade gold-silver on the back of previous […]

“A big, positive step,” is how Vince Cable described the Bank of England’s consultation papers published this morning. He went on to say that, “It is absolutely right that banker’s bonuses should be properly regulated so that they cannot cause the collapse of banking institutions.” Andrew Bailey, CEO of the Prudential Regulation Authority lauded the […]

Secures £1,750,000 Loan on Attractive Terms – February 2015 Trial Date Set for Legal action Against Fitbit Fitbug Holdings Plc, the AIM listed provider of online personal health and well-being services, has announced that NW1 Investments Limited and Kifin Limited , a Kirsh Group subsidiary have together agreed to loan £1,750,000 to the Company. The […]

At approximately 10:00 am GMT, Wednesday morning, the Bank of England is expected to publish Consultation Papers 14/14 and 15/14, “Strengthening Accountability in Banking,” and “Remuneration” outlining, to the extent that we know at this point, new guidelines for the UK banking sector, including further empowering the BoE’s ability to clawback variable bonuses and...