The UK Economy

Contract Signed for Kernel Crushing Plant at Producing Palm Oil Project in Côte d’Ivoire DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has awarded a turnkey contract for the construction of the kernel crushing plant to Modipalm Engineering SDN BHD, a leading Malaysian engineering company […]

Placing to Raise £600,000 gross Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has said that it has raised £600,000 (before expenses) by way of a placing, via Hume Capital Securities plc, of 200 million new ordinary shares of 0.01 pence each in the capital of the […]

The financial world is in disarray today.  It all started with an unexpected and startling press release by the Swiss National Bank (SNB) that said: “The Swiss National Bank (SNB) is discontinuing the minimum exchange rate of CHF 1.20 per euro. At the same time, it is lowering the interest rate on sight deposit account balances that exceed […]

Block 4 Database Acquisition – Oman Savannah Resources (AIM:SAV) has agreed to acquire an extensive, digitised exploration database relating to the Block 4 Copper Project (over which Savannah has an agreement to earn in up to 65%), which is located in the mineral rich Oman Ophiolite belt. Block 4 is one of three highly prospective […]

Quarter 4 and Full Year 2014, operations and production update – Gedabek and Gosha gold, copper and silver mines, Azerbaijan Anglo Asian Mining, the AIM-listed gold, copper and silver producer focused in Azerbaijan, has issued fresh details about production and operations for its Gedabek and Gosha gold, copper and silver mines in western Azerbaijan for […]

Mpokoto Project Update Armadale, the AIM quoted investment company focused on natural resources projects in Africa, has issued a ‘positive update’ on its Mpokoto Gold Project in the Katanga Province of the Democratic Republic of Congo and outline its development plans for 2015 as it targets commercial production in H1 2016. Overview: – Drilling programme […]

Get the lowdown below Rose Petroleum, the AIM-listed (LSE:ROSE) natural resources company, has provided a detailed operational update on the current activities taking place within both its oil and gas and mining divisions. Overview: · On-going drilling programmes in both oil and gas basins of the prospective Mancos and Paradox plays in Utah – current […]

Enters into agreement with Rockpool Investments LLP for an additional £6.8 million EIS qualifying investment to fund two further 20MW Projects via SPVs Plutus PowerGen plc, the AIM listed power company focused on the development, construction and operation of flexible stand-by electricity generation in the UK, announces that its wholly owned subsidiary, Plutus Energy Ltd, […]

Update on UK Onshore Licences Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has provided fresh details of its activities across its UK onshore licences located in the established East Midlands Petroleum Province. Europa produces hydrocarbons from […]

Quarterly Operations Updatefor the Period Ended 31 December2014 Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Mississippi Lime and the […]