The UK Economy

UNSECURED BRIDGE LOAN Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced that it has entered into a bridge loan agreement for an amount of USD150,000 from Deutsche Balaton AG, a new institutional investor pending the passing of certain resolutions at the General Meeting scheduled for 19th […]

Pre-payment facility agreed with Auramet International Goldplat plc, the AIM listed African gold producer, has announced that its gold recovery operation in Ghana, Gold Recovery Ghana has received cash of USD1.4 million on 5 November 2015 in respect of the backlog material sold to Aurubis AG. This receipt will enable GRG to make payments to […]

Obtains Planning Permission for 20MW Flexible Stand-by Power Generation Site Plutus PowerGen has announced that it has received planning permission for a 20MW flexible stand-by power generation site in Crumlin, South Wales. This achievement demonstrates the positive progress being made in respect to developing the Company’s project pipeline, which comprises sites with over 700MW of...

Company said to be ‘delighted’ by the news ++Miton Group Acquires Significant Interest in Company++ DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, was notified on 10 November 2015 that Miton Group PLC acquired 51,599,997 shares, representing a 3.35% interest in the Company, on 9 […]

The pilot plant, located at Morro Azul in the State of Minas Gerais, processed 160 wet tonnes of ore over an 11 day period Horizonte Minerals Plc, (LSE:HZM) the nickel development company focused in Brazil, has announced the completion of the integrated Rotary Kiln Electric Furnace pilot plant campaign for its 100% owned Araguaia nickel […]

Joins Autonomous and Unmanned Systems Cluster (AUSC) of south-eastern New Mexico, Creating New Business Opportunities in the Military & Civilian Markets Strat Aero plc, the AIM listed international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle sector, has become an affiliate member of the consortium of companies in the Autonomous and Unmanned Systems […]

SIERRA LEONE DECLARED EBOLA-FREE Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, has welcomed the announcement made by the World Health Organisation on Saturday 7 November 2015 that Sierra Leone is Ebola-free after going 42 days without any new infections. The Company, which is in the process of preparing […]

What are the details? BP today announced that it has signed a Heads of Agreement (HoA) with the Egyptian Minister of Petroleum, His Excellency Eng. Tarek El Molla, regarding the acceleration of the development of the recent Atoll gas discovery. The Atoll discovery (BP 100%) in the North Damietta Offshore Concession in the East Nile […]

Commencement of 10 Well Drilling Programme with Continental Resources in Oklahoma Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has announced the commencement of a 10 well drilling programme, as announced on 2 October 2015, targeting the proven Woodford formation in the prolific South-Central Oklahoma Oil Province […]

Drilling Underway at High Priority Targets Block 4, Semail Ophiolite Belt, Oman Savannah Resources (LSE:SAV) has commenced the drilling of selected new VTEM targets and historical copper results around the Aarja Prospect in the Block 4 permit area. Savannah is earning a 65% shareholding in the Omani company, Al Thuraya LLC, the owner of the […]