The UK Economy

Result of GM North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, held its General Meeting and has announced that the resolution seeking shareholder approval for disapplication of statutory pre-emption rights in respect of the Company’s Phase One Fundraising proposals was duly passed. On 11 August 2015, the […]

Sonora Lithium Project Signs Lithium Supply Contract Bacanora, the London and Canadian listed (AIM:BCN) and (TSX-V:BCN) lithium and borates company, and Rare Earth Minerals plc(AIM:REM), the owners of the Sonora Lithium Project1 in Northern Mexico , have finalised a conditional long-term lithium hydroxide supply agreement with Tesla Motors, Inc., the maker of electric vehicles and […]

Annual Results Sable Mining, the AIM-listed exploration and development company, has presented its results for the year ended 31 March 2015. Highlights: · Operations focussed on advancing iron ore and coal portfolios in Africa · Nimba iron ore project in south-east Guinea continues to reach key milestones and demonstrate value as a high-grade, high-margin, low-capital […]

Production Update & Reserve Report Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has provided an update on current production and an independent Reserves Report as at 1 June 2015, on its leases in US onshore formations such as the Woodford and Mississippi Lime, Oklahoma, and the […]

Interim Results Cluff Natural Resources Plc, the AIM quoted natural resources investing company, has announced its interim results for the six months ended 30 June 2015. Highlights · Continuing to build substantive portfolio of Underground Coal Gasification (‘UCG’) Licences inshore UK – portfolio totals 690km2 · Progressing Conventional Hydrocarbon licences in the Southern...

Strong Progress Towards Gaining Certification to the Round Table for Sustainable Palm Oil DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Cote d’Ivoire, has made significant progress towards achieving its objective to become a certified producer of palm oil in line with the standards set by the […]

MOU with Zambian company for the supply of 50,000MT of fertiliser African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, ihas entered into a Memorandum of Understanding with a Zambian fertiliser supply company with a view to supplying them with in excess of 50,000MT of fertiliser, following an introduction by the Common […]

Positive PEA on Tongo Project and Mining Licence Application, Sierra Leone Stellar Diamonds plc, the London listed (AIM: STEL) diamond development company focused on West Africa, has announced the results of the preliminary economic assessment from its Tongo kimberlite diamond project in Sierra Leone. Independent consulting company Paradigm Project Management was retained by the Company...

Oil & Gas Update Rose Petroleum plc, the AIM-listed (AIM: ROSE) natural resources company, has provided an update on its activities onshore US. Earlier this year Rose announced that it had commenced the process of permitting six well locations in the Mancos Formation in the Uinta Basin, Utah. However, in consideration of the oil price […]

Commissioning of Plant at Pickstone-Peerless Gold Mine Vast Resources plc, the AIM-listed resource and development company, has announced the commissioning of the ball mill and the carbon in leach plant at the Pickstone-Peerless Gold Mine, thus facilitating the start of gold adsorption and marking a further milestone in its transition into a cash generative mining […]