World

Hydro-Electric Power Plant in Liberia Hummingbird Resources, the multi-project gold company, has announced a positive preliminary report from Knight Piesold Consulting for the proposed hydro-electric power plant in south-east Liberia, ±10km from Hummingbird’s 4.2Moz Dugbe Gold Project. This significant development follows the signature of a Collaboration Agreement for the funding and...

What are the details? BP and Ningxia Baota Chemical Fibre Co., Ltd. (a majority owned subsidiary of Baota Petrochemical Group) have signed an agreement to license BP’s latest generation purified terephthalic acid (PTA) technology, the third such deal agreed by BP. Ningxia Baota intends to build a 1.2 million tonnes per annum (tpa) unit at […]

Fully Underwritten Open Offer and Placing North River Resources, the AIM quoted resource company focused on the Namib Project Lead-Zinc Project in Namibia, has provided an update, further to the announcements made on 11 and 28 August 2015, in respect to its proposed near term financing plan to raise US$4.0 million with the launch today […]

Technical Study for Mothae Kimberlite Project Paragon Diamonds Limited, the AIM quoted diamond development company, has announced the results of two independent studies carried out by The MSA Group on the Mothae Kimberlite Project, located in Lesotho, that Paragon is in the process of acquiring. The conclusions exceed management’s initial expectations, as detailed in the […]

Interim Results Noricum Gold Limited, the European focused base and precious metals exploration and development company, has announce its interim results for the six months ended 30 June 2015. Highlights · Work during the period culminated in the transformational acquisition of 50% of the Bolnisi Copper & Gold Project in Georgia, positioning Noricum as a […]

What are the details? DekelOil Public Limited, operator and 51% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire, has announced its interim results for the six months ended 30 June 2015. Highlights: · Record half yearly production of 21,836 (2014: 7,932) tonnes of crude palm oil and 3,733 (2014: 1,311) tonnes […]

What are the details? Horizonte Minerals Plc, (AIM:HZM) (TSX:HZM) the nickel development company focused in Brazil, has announced the award of a new 1,610 hectare concession area, adjacent to Glencore plc’s advanced Vale dos Sonhos and Serra do Tapa nickel laterite deposits. The New Concession is located approximately 60 kilometres north of Horizonte’s 100% owned […]

Governor Asa Hutchinson, State and Local Leaders Participate in Groundbreaking Ceremony and Solar Facility Dedication Aerojet Rocketdyne (NYSE:AJRD) today hosted a groundbreaking ceremony attended by nearly 200 people including Arkansas Governor Asa Hutchinson, other state and local dignitaries, company leaders and employees, to celebrate the company’s planned expansion that will bring...

Interim Results for the six months ended 30 June 2015 Armadale, the AIM-quoted investment company primarily focused on the Mpokoto Gold Project in the Democratic Republic of the Congo, announces its interim results for the six months ended 30 June 2015. Highlights – Targeting low capex, low opex commercial gold production at the Mpokoto Gold […]

Normally I don’t pay much attention to warnings of potential financial woes on the horizon, largely because there is always someone prophesying global gloom and doom. But when Citigroup’s chief economist warns, it is not only something I regard as newsworthy, it is something I regard as significant. Willem Buiter doesn’t do this sort of […]