The UK Economy

To create combined Asheba-Akoko Gold Project in Ghana Goldcrest Resources plc, the gold focused exploration company with interests in projects in Ghana, has agreed terms to acquire the entire issued share capital of Taoudeni Resources Limited, a company incorporated in England & Wales and which owns 100% of the Asheba Gold Project located in Ghana. […]

Proposed Disposal of Sugarloaf AMI Project for a Consideration of up to US$71.5 million Empyrean Energy PLC (AIM:EME.L), a profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced that it has entered into a conditional purchase and sale agreement with Carrier Energy Partners II, […]

Admission to Trading and First Day of Dealings Falcon Acquisitions Limited has announced that its entire issued ordinary share capital consisting of 20,375,100 Ordinary Shares of £0.01 each will today be admitted to the standard segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange’s main market […]

Quarter 4 and Full Year 2015, operations and production update – Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining plc, the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided an operations and production update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months […]

Moving Towards First Production in Q2 2016 at Grants Patch Gold Tribute Project, Australia Keras Resources, the AIM quoted resource development company, has confirmed that it has made progress at the Grants Patch Gold Tribute Project, located 30km north of Kalgoorlie in the prospective Western Australian goldfields. The Company believes it will commence initial production […]

Ruhr Oel GmbH as part of German refining venture restructuring Rosneft and BP have announced that they have signed a binding agreement to dissolve the existing refining JV Ruhr Oel GmbH (ROG) as they move toward completion of the previously announced restructuring of the two companies’ German refining and petrochemical venture. The agreement was approved […]

The GBP/USD is one of the strongest trending currency trading instruments among the majors. The bias on the instrument is bearish and it is possible that the price would continue going downwards, reaching the accumulation territories at 1.4200 and 1.4150 this week. This bias would be valid until there is a bullish reversal of at […]

Here’s the market outlook for the week: EURUSD Dominant bias: Neutral This pair experienced short-term upswings and downswings, with no directional movements in the medium term. Just like last week, there may not be very strong movements this week, though there could be significant movements around the end of this month (which could happen on […]

Appointment of New Directors Challenger Acquisitions Limited (LSE:CHAL), a leader in the Giant Observation Wheel (‘GOW’) industry, has announced it has appointed Mr. John Le Poidevin as Non-Executive Chairman and Mr. Richard Marin as a Non-Executive Director to its Board of Directors effective immediately. As a result of these appointments, Mr. Gustafson, formerly Executive...

Drilling Completed in Oman Savannah Resources (AIM:SAV), advises that it has completed its initial reverse circulation and diamond drilling programme over Blocks 4 and 5 in Oman, which are prospective for both copper and gold. Savannah is earning a 65% shareholding in the Omani company, Al Thuraya LLC, the owner of the Block 4 licence […]