Tom Frew

First shutdown since 1995. Following a last minute deal between Democrats and Republicans to end the US government shutdown the Treasury Secretary, Jacob Lew, issued a statement saying that “the cloud of uncertainty hanging over the economy”. Secretary Lew’s full statement: “We welcome the bipartisan action Congress is taking to resolve this crisis, re-open the […]

Armadale (LSE:ACP), an AIM quoted investment company focused on natural resource projects in Africa, has reported that the Mine Restoration Investments Ltd, in which Armadale holds a 40% interest, has made progess during initial production at its coal briquetting plant. In a statement the Board of Directors said it was “pleased to announce further that […]

Plexus Holdings (LSE:POS), an AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has confirmed has been awarded a contract with BG International Egypt, a division of BG Group plc (‘BG Group’), a leading oil and gas operator in the global energy market, for the […]

Noricum Gold Limited (LSE:NMG), an Austrian focused gold exploration and development company, has today provided investors with an update on its 2013 work programme at the Company’s 100% owned Rotgülden Gold and Precious Metals Project, which is currently focused on the previously producing mine, one of four targets identified. Highlights: · High grades of up […]

Mariana Resources (LSE:MARL), an AIM quoted exploration and development company focused in Peru and southern Argentina, has announced the initial drilling program at Condor de Oro gold/copper project in Northern Peru is set to commence following successful mobilisation of the drill rig. Exploraciones Aguila Dorada S.A.C. (EAD) in September 2013 received ministerial approval for initiation...

Zeta Petroleum (ASX:ZTA), an ASX listed Romanian focused oil and gas exploration and production company, has released an update on the Jimbolia-100 well (‘Jimbolia-100’ or ‘the Well’), an appraisal well on the 39% owned Jimbolia oil concession in Romania, which is operated and 100% funded by NIS Petrol SRL (a wholly owned subsidiary of NIS […]

Centurion Resources (LSE:CEN), an AIM listed multi-commodity exploration and development company with projects in Austria, announces its interim results for the six months ended 31 August 2013. Overview: • Prospective 33 sq km Mitterberg Copper Project, Austria, has strong potential to host high copper grades • Exploration target of 11.0Mt-11.7Mt, with a grade range of […]

NYSE Euronext has provided the following statement and timeline for the completion of its pending acquisition by IntercontinentalExchange (NYSE:ICE), a leading operator of global markets and clearing houses. ICE and NYSE Euronext have established a closing date of November 4, 2013 for their previously announced transaction. The November 4, 2013 closing date is predicated upon […]

Acquisition of 78% WI in 1,520 net mineral acres in Osage County Northcote (LSE:NCT), an onshore US oil and gas exploration and production company, has announced that it has acquired, for a cash consideration of US$1 million (£625,000), an average 78% working interest (‘WI’) and 54% net revenue interest (‘NRI’) in 1,520 mineral acres (‘North […]

Initial drill results return DSO grades from Mebaga Iron Ore Project in Gabon Ferrex (LSE:FRX), an AIM quoted iron ore and manganese development company focused in Africa, has released assay results for the first two holes completed from the diamond drilling programme at its 309 sq km Mebaga DSO Iron Ore Project in northern Gabon. […]