The UK Economy

Interim Results for the Six Month Period Ended 31 October 2015 Plutus PowerGen(LSE:PPG), the AIM listed power Company focused on the development, construction and operation of flexible stand-by electricity generation in the UK has announced its interim results for the six month period ended 31 October 2015. Highlights Following an extremely busy year of rapid […]

Operational update: Completion of Resource estimate for the Tailings Storage Facility Goldplat plc, the AIM listed African gold producer, has announced the completion of a JORC-compliant Resource Statement for the Tailings Storage Facility at the Goldplat Recovery (Pty) Limited operations in South Africa. GPL has been depositing tailings onto this TSF since January 2003 with […]

Further Investment in New York Wheel Investor LLC Challenger Acquisitions Limited (LSE:CHAL), the leader in the Giant Observation Wheel industry has raised £1.0 million by means of the issue of secured convertible notes. The Company has also signed an agreement to invest a further US$1.0 million for one additional common unit in New York Wheel […]

Update on Ethiopian Bottling Plant Atlas (AIM, NSE: ADSS), has issued an update on its ‘Chancho Project’ in Ethiopia, a new state-of-the-art glass manufacturing facility 45km north of the capital, Addis Ababa. Overview: · Granted a land lease certificate and construction licence covering an area of 5.5 ha of the Chancho site · Land lease […]

Update on Tongo Mining Licence Application, Sierra Leone Stellar Diamonds plc, the London listed (AIM:STEL) diamond development company focused on West Africa, has issued update on its mining licence application for its 100% owned Tongo Dyke-1 project in Sierra Leone. Highlights: · Mining Licence Application processed by the National Minerals Agency · Public disclosure meetings […]

Raises £1m to Advance Production Opportunities at Bolnisi Project, Georgia Noricum Gold Limited, the European focused base and precious metals exploration and development company, has raised £1 million by way of a placing of 1,250,000,000 new ordinary shares of no par value in the capital of the Company, with new and existing shareholders and Directors […]

Enters Rapidly Growing Chinese UAV Market Strat Aero plc, the AIM quoted international aerospace company focused on the Unmanned Aerial Vehicle sector, is has announced its entrance into the rapidly growing Chinese and Asian UAV markets through the signing of two agreements. The Chinese UAV market has been identified by the Board as an area […]

What has changed? BP today announced the appointment of Lamar McKay to the new position of Deputy Group Chief Executive. McKay, currently chief executive of BP’s Upstream segment and a 35-year veteran of BP, will be based in London and take up the role following a suitable handover period. McKay will be succeeded as Upstream […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair went up from the support line at 1.0800, reaching the resistance line at 1.0950. From that resistance line, price went down 120 pips. There is a neutral bias on this pair, which would remain in force until price goes below the support […]

Russian Licence Agreement Signed with Two Oilfield Services Businesses 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 announced that on 25 January 2016 it entered into an exclusive licence agreement with LLC Gusar (OOO Gusar) Ltd, and CJSC Konar […]