The UK Economy

Monetary policy was in focus in the UK on Thursday with the Bank of England leaving interest rates on hold.  The vote came in at 8 to 1 with MPC member Ian McCafferty voting for a quarter point rise for the third month in a row.  UK interest rates have remained unchanged for over six […]

Corporate and Mothae acquisition update Paragon Diamonds Limited, the AIM quoted diamond development company, has announced an update and progress regarding the proposed acquisition from Lucara Diamond Corporation of the Mothae Kimberlite Resource, which is only 5 km from the world class Letšeng le Terai Diamond Mine in Lesotho, and the Company’s nearby Lemphane Kimberlite […]

Continued Positive Results from Mapping and Sampling, Walchen, Austria Noricum Gold Limited, the European focused base and precious metals exploration and development company, has provided an update on its exploration activities at the Company’s 100% owned Walchen VMS Deposit, located in Austria. Highlights: · Walchen’s potential to host significant multi element mineralisation...

Joint Venture Agreement with Leading UAV Training Company Strat Aero plc, an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle sector, has reached agreement on a joint venture arrangement with UAV Airways Limited a privately owned company which, as a UK CAA Approved National Qualified Entity, specialises in the provision of UAV […]

Update on Phase One Fundraising North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, has announced that it has now closed its Open Offer and Placing, and has consequently completed its Phase One Fundraising raising in aggregate US$4 million under the Open Offer, Placing and Greenstone Placing. The […]

Q3 2015 Production Update DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has provided production update for the quarter ended 30 September 2015 at the Company’s 60 t/hr crude palm oil extraction Mill), which is one of West Africa’s largest. Highlights · 7,301 tonnes of […]

Yesterday the International Monetary Fund (IMF) its World Economic Outlook report. I saw the report as cautionary. I also suggested waiting for today’s IMF Global Financial Stability Report. Even a cursory reading of today’s report suggests that the IMF is recommending more than caution, but, however subtly, issuing just enough of a warning to be […]

Appointment of Sales & Marketing Director Strat Aero, the AIM listed international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle sector, has announced the appointment of Bill Bauer as Sales & Marketing Director, in line with its strategy to build a vertically integrated UAV company, covering all aspects of the value chain including […]

Mexico Update MX Oil plc, the AIM quoted oil and gas investment company, has discussed the progress it is making in Mexico together with its partner Geo Estratos with regards to the on-going Bid Round 1 Licensing round and its efforts to secure onshore conventional concessions in the re-opening Mexican energy sector. The Company has […]

Result of Open Offer North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, has announced the results of the Open Offer for up to US$2.8 million which will be used to progress the Company’s flagship Namib Project to a construction decision. Result of Open Offer – The Open […]