The UK Economy

Issue of up to £5.0 million of Equity Vast Resources plc, the AIM listed mining company with operations in Zimbabwe and Romania,has entered into an agreement with Crede CG III Ltdaccording to which it will subscribe for new ordinary shares of 0.1p each in the Company in order to raise up to £5.0 millionand associated […]

The GBP/USD moved down by 170 pips last week, closing below the distribution territory at 1.4750. There is still a great probability that the market could continue going further south, because the outlook on the GBP/USD (including other GBP pairs) is bearish. The price might test the accumulation territories at 1.4700 and 1.4650 this week. […]

GBPAUD = Sell GBPUSD = Sell EURGBP = Buy GBPJPY = Sell GBPCHF = Sell GBPCAD = Sell GBPNZD = Sell NB: Every trade could be entered with a stop loss of 100 pips and a take profit of 200 pips. Only 0.5% is risked per trade. With an account balance of $20,000, a position […]

Q3 2015 Production from Sugarloaf AMI, Texas Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided a production update from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the end of […]

Succeeding as a Trader after Learning the Necessary Facts and Skills This book profiles 22 renowned super traders from around the world. Great traders who know what it takes to be successful in the markets. In this follow up to his previous book: “Learn From the Generals of the Markets,” the author gives an overview […]

Contract awarded to finalise project design, source vendor financing and provide EPC management for Matala Gold Mine, Zambia Alecto Minerals (LSE:ALO), the Africa-focused gold and base metal exploration and development Company, has announced that, following the Company’s recent exciting acquisition of the historic Matala and Dunrobin gold mines in Zambia and as part of the […]

Wins Concessions in Mexican Onshore Bid Round MX Oil, the AIM quoted oil and gas investing company, together with its partner Geo Estratos, has announced the joint venture has been successful in its bid for Land Contract Areas in the third phase of the Bid Round 1 Licensing for onshore conventional concessions in the re-opening […]

Fresh details from BP BP, on behalf of the Schiehallion co-venturers Shell and OMV, announced today that the new Glen Lyon floating production storage and offload (FPSO) vessel has started sea trials as it begins its journey towards the west of Shetland where it will serve as the hub for the 450 million barrel Quad204 […]

What are the details? BP Egypt has announced today the completion of its acquisition of 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel AG. The acquisition will bring BP’s working interest in both concessions of the West Nile Delta […]

Acquisition in Greenland; Rod McIllree appointed as Managing Director to Board FinnAust Mining plc, the AIM listed exploration company with projects in Finland and Austria, has announced it has signed a binding agreement to acquire an initial 60% interest in Bluejay Mining Limited. Bluejay is the 100% owner of the 126sq km high grade Pituffik […]