Commodities

BP has been operating in China since the early 1970s. With an accumulated investment of current operations around US$ 4.5 billion by the end of March 2015 BP has marked the official start-up of the Phase 3 PTA plant of Zhuhai Chemical Co., enhancing, the company said, “its position in the purified terephthalic acid (PTA) […]

Conclusion of agreement to acquire 50.1 per cent. interest in Manaila mine subject to conditions precedent Vast Resources plc, the AIM listed resource and development company, announces that, further to the pre-sale agreement announced on 10 June 2015, it has concluded an agreement to purchase 50.1 per cent. of the issued share capital of Sinarom […]

ED RABBIT GOLD PROJECT UPDATE AND LAND ACQUISTIONS Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced a positive update from its Kiziltepe Gold-Silver Mine following the receipt of forestry approvals. Kiziltepe is the initial mine targeted at the Red Rabbit Gold Project in western Turkey, a joint venture between […]

GOLD (XAUUSD) Dominant Bias: Bearish Gold remains a bear market, with the price breaking more and more support levels gradually. In this market, occasional rallies should be seen as opportunities to sell short when the price is high in the context of the downtrend. This month, bears would try to target the support levels at […]

On-Track to Commence First Gold Production in August 2015 at Pickstone-Peerless Gold Mine Vast, the AIM listed resource and development company, has announced that strong progress is being made in advancing the Pickstone-Peerless Gold Mine in Zimbabwe into production in August 2015. The mine is being commissioned, with an estimated annualised gold production of circa […]

Changes at the top. North River, the AIM quoted resource company focused on the Namib Lead-Zinc Mine in Namibia, has announced the following changes to the Board: James Beams has been appointed to the Board as an Executive Director with immediate effect. Mr Beams joined the Company in January 2015 and will assume the role […]

The share price of BP (LSE:BP.) has gained 4.60% today on the heels of the announcement that BP has agreed to an $18.7 billion settlement with the U.S. federal government and the five affected states on the U.S. Gulf Coast (Texas, Louisiana, Mississippi, Alabama and Florida). U.S. Attorney General Loretta Lynch noted that “If approved […]

Update on PEDL143 Licence, Holmwood Prospect, Weald Basin, UK Europa Oil & Gas plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, notes today’s announcement from UK Oil & Gas Investments PLC that it has executed a Farm-in agreement with Egdon Resources to acquire a 20% […]

Divestment of Interest in East Blackwell Northcote (AIM:NCT) has, in line with its strategy to dispose of certain non-core assets in its portfolio, it has sold its 100% working interest in the East Blackwell Skinner Sand Unit in Kay County, Oklahoma to a private party for US$75,000 in cash. East Blackwell has historically contributed approximately […]

Cash Placing of £0.55 Million Savannah Resources (LSE:SAV), advises that it has raised approximately £0.55 million cash (before expenses) through the placing of 21,900,000 new ordinary shares at a placing price of 2.5p per ordinary share with both new and existing investors. RFC Ambrian Limited acted as broker to the Placing. Savannah’s Chief Executive Officer, […]