The UK Economy

Postman Pat rose to stardom, much like Clark Kent, as an ordinary, mild-mannered guy just trying to do his job.  For Postman Pat, his job was delivering the mail.  That is, until the year 2000, when the Royal Mail terminated Pat because he “no longer fit the corporate image.”  At the time the postal workers’ […]

Wishbone Gold (LSE:WSBN), an exploration and acquisition company focused on precious metals, is holding its Annual General Meeting (‘AGM’) later today. At the meeting, Executive Chairman Richard Poulden will make the following statement: “Since listing on AIM in July 2012, the Company has made a great deal of progress towards achieving our stated strategy of […]

Aeorema Communications (LSE:AEO), a corporate communications and events specialist, announces its results for the year ended 30 June 2013. As part of the results the company announced an enhanced maiden dividend of 1.5 pence per share. House broker, Cantor Fitzgerald commented: “The shares are trading on a historic earnings multiple of 9.9x and we would […]

Will Centrica profits start heating up as a result? Centrica (LSE:CNA) and Qatar Petroleum International (QPI) have completed a C$1 billion agreement with Suncor Energy to acquire a package of producing oil and natural gas assets in the Western Canadian Sedimentary Basin. The assets include proven and probable (2P) reserves estimated by the partners at […]

Banking on a booming economy? Business confidence in the economy increased to the highest level since 2002 according to the Lloyds Bank (LSE:LLOY) Business Confidence Barometer. More than two thirds (68 per cent) of companies surveyed said that they were more optimistic about how the economy would fare compared with three months ago. The net […]

Pound Sterling The Pound began the week softer against the Euro after Angela Merkel won a landslide victory in the German elections. The result was seen as a positive for stability in Europe and sent the Euro slightly higher against Sterling. Disappointing economic data releases for the UK and negative comments from a Bank of […]

Atlantic Coal (LSE:AIM), the AIM listed anthracite coal production and processing company with primary activities in Pennsylvania, USA, has announced its results for the six months ended 30 June 2013. Overview: · Increased profitability. A net profit of US$2,488,465 compared with a loss in H1 2012 of US$1,366,923 · Bolstered anthracite portfolio through the exercise […]

The AIM listed African focused support services and logistics company Africa Oilfield Logistics (LSE:AOL) focused support services and logistics company has announced that its 49% owned subsidiary Ardan Risk & Support Services (‘Ardan’) has signed a contract with Weatherford Drilling International Ltd, a subsidiary of Weatherford International Ltd (NYSE:WFT) (‘Weatherford’), the NYSE...

Sable Mining Africa (LSE:SBLM), an AIM listed exploration company, has announced “encouraging assay results” from the company’s recently completed expansion exploration programme at the Nimba Iron Ore Project in south-east Guinea (‘Nimba Project’). In a statement the company cited “results demonstrate high grade canga in the expansion area with best grade and vertical width of […]

Sula Iron & Gold (LSE:SULA), an iron ore and gold exploration company focussed on Sierra Leone, has announced that it has received the final positive assay results from its nine hole 2,000m drilling programme targeting iron mineralisation at its wholly owned 153 sq km Ferensola Project. The full set of results confirm Ferensola’s prospectivity for […]