The UK Economy

Sometimes it is a lot more fun to step back and watch the FTSE for awhile. You know, just enjoy the view. Forget the stress and pressures of life and just enjoy the spectacle of it all. After all the excitement of the record-breaking day on Friday, 20 March, I pondered writing an article on […]

Break out the champagne! At 3:06 pm GMT, the FTSE is at 7,005.48! I have been watching the FTSE all day – just like you have. In the few seconds it took me to type that, it has  already hit 7,009.00 and is now at 7,010.34! This is an incredible day, as we all watch […]

Placing to raise £270,000 Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has announced a conditional placing of 966,666,663 new ordinary shares of 0.01 pence each in the capital of the Company at a price of 0.03p pence per share to raise net proceeds of £270,000 with institutional and other […]

The FTSE 100 is pushing back toward record territory once again today with help from Standard Charter Bank (LSE:STAN) and George Osborne. Approaching 3:00 pm in London, the FTSE is up 1.43% to 6.935.46, moving closer to surpassing its 6,974.26 52-week high. To be clear, Standard Charter and George Osborne are not the only reasons […]

Placing and subscription to raise £2.2 million to develop UK Underground Coal Gasification and Southern North Sea Gas Licences Cluff Natural Resources Plc, the AIM quoted natural resources investing company, has announced that it has conditionally raised approximately £2.2 million, before expenses, through the aggregate placing and subscription of 52,013,520 new ordinary shares of 0.5p […]

Funding of Cerro Bayo Project and Commencement of Construction Rame, the independent power producer, is pleased to announce that it has agreed terms for a conditional $4.7 million funding facility for its Cerro Bayo off-grid wind project in Chile which the Company first announced on 1 July 2014. The Facility fully funds the estimated cost […]

Update on Lemphane Diamond Project and Placing Paragon Diamonds Limited, the AIM quoted vertically integrated diamond development company in Lesotho, Africa, has issued an update on the development of its Lemphane kimberlite Pipe Project located in Lesotho, Africa, and in respect to a proposed acquisition of a diamond resource in Africa. If successful the proposed […]

Board Changes African Potash, the AIM listed company focused on sub-Saharan potash assets, has announced the appointment of Christopher Cleverly as Executive Chairman with immediate effect. Dr Cleverly, who joined the Board as a Non-Executive Director on 3 March 2015, will replace the incumbent Chairman, Jean- Pierre Conrad, who will remain on the Board as […]

Appointment of Executive Vice President – Mexico Northcote (LSE:NCT), an onshore US oil and gas exploration and production company, has said that Mr. Abraham Achar has joined the Company as full time Executive Vice President – Mexico. In this role, Mr. Achar will lead and develop business development activities in Mexico, which has recently reopened […]

New Shoats Creek Well Update Northcote (LSE:NCT) has announced that it is has been informed by Aminex USA Inc., the Operator of Shoats Creek, that it has signed a rig contract to drill a new conventional vertical well at Shoats Creek Field. Highlights: · The new well, the Lutcher Moore #20, has been prepared and […]