The UK Economy

£3.5 million Placing to Accelerate Growth, Conversion of Loan Notes and Grant of Options Fitbug Holdings Plc, the AIM quoted provider of online personal health and wellbeing services, has announced that it has successfully raised £3,510,200 (before expenses) through Hybridan LLP by way of a placing of 39,002,224 new ordinary shares of 1 pence each […]

Drilling Highlights Potential for Increase in Kimberlite Tonnage at Lemphane Pipe, Lesotho Paragon Diamonds Limited, the AIM quoted diamond development company, is pleased to announce a recently completed drilling programme at its flagship Lemphane Kimberlite Project in Lesotho has demonstrated the potential for a further increase in the Project’s present tonnage estimate of 48Mt of...

Formally Awarded Five Licences Over Eleven Blocks in the UK’s 28th Offshore Licensing Round Cluff Natural Resources Plc, the AIM quoted natural resources investing company, announces that further to the provisional award of promote licences in the UK’s 28th Offshore Licencing Round on 7 November 2014, it has now been formally awarded the five promote […]

Update on Timing of Wressle-1 Well Testing Europa Oil & Gas, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, is pleased to note the announcement of Egdon Resources today regarding the timing of operations to test potential hydrocarbon bearing zones in three separate […]

Positive Study for Acceleration of Cash Flows from Surface Mining at Tongo Project in Sierra Leone Stellar Diamonds plc, the London quoted (AIM:STEL) diamond development company focused on West Africa, announces the results of an independent study on its 100% owned 1.45 million carat Tongo Dyke-1 project in eastern Sierra Leone. The study and associated […]

Secures agreement for multiple power generation sites with established commercial landlord for the South West and South Wales 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, has successfully completed an agreement […]

First Diamond Export from Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds, the London listed (AIM:STEL) diamond development company focused on West Africa, announces its first export of diamonds and an operational update from trial mining at its 75% owned five hectare Baoulé kimberlite pipe in Guinea. Highlights: · Diamond parcel of 941 carats exported […]

Expands Operations into Mozambique Atlas Development & Support Services Limited (AIM:ADSS), the African focussed support services and logistics company, has announced that, in line with its expansion strategy for East Africa, it has been awarded its first support services contract in Mozambique. The agreement, with an international oil company, underlines Atlas Development’s...

I am finding it difficult to stray too far from the subject of oil, post the OPEC conference. It’s absurd to think that the reactions, responses and fallout are going to stop just because the headlines point us to the next big story. The immediate aftermath was highly predictable as investors thought the sky was […]

SIGNIFICANT GOLD TARGET AT KEPEZ WEST Ariana Resources, the gold exploration and development company focused on Turkey, has announced a resource target* on a zone of mineralisation delineated at the Kepez West prospect following the analysis of geophysical and geochemical data. Kepez West is one of several highly prospective targets within the Kiziltepe Sector of […]