Commodities

This morning as expected ENOC upped their offer for Dragon Oil (LSE:DGO) to 750p per share. This represents a 15p increase on their proposed offer and that would seem enough to gain the boards approval. This bid comes in 100p below the 850p value I believe Dragon is currently worth. ENOC state that they ‘met […]

Negotiations with COMESA As part of the Company’s strategy of expanding its activities, leveraging its position and identifying potential downstream opportunities for the development of its Lac Dinga Potash Project, African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, is pleased to announce that it has entered into discussions with the ACTESA […]

Final Results – how do the numbers look? Noricum Gold Limited, the Austrian focused precious and base metal exploration and development company, has announced its final results for the 12 months ended 31 December 2014. The Company’s Annual General Meeting will be held at 10am on 22 June 2015 at The Washington Mayfair Hotel, 5 […]

What are the details? Armadale, the AIM quoted investment company focused on natural resource projects in Africa, announces that it has entered into an agreement with Bergen Global Opportunity Fund, LP to repay the balance of the convertible security issued to Bergen on 16 October 2014 and terminate its funding agreement with Bergen. The amount […]

STRATEGIC INVESTMENT STATUS GRANTED TO KIZILTEPE GOLD MINE Ariana Resources, the Anglo-Turkish gold exploration and development company has announced that its Kiziltepe Gold-Silver Mine, has been granted Strategic Investment status by the Turkish Government. Kiziltepe is part of the Red Rabbit Joint Venture in western Turkey with Proccea Construction Co. Highlights: – Strategic...

Agreement to fund and develop the Mpokoto Gold Project Armadale, the AIM quoted investment company focused on natural resources projects in Africa, has said that via a subsidiary, it has signed a Heads of Terms Agreement with the Africa Mining Contracting Services group with a view to funding, developing, constructing and operating the Mpokoto Gold […]

What is next for Brazilian commodities Horizonte Minerals Plc, (LSE:HZM) the nickel development company focused in Brazil, has announced the final results from its Phase 4 infill resource drilling programme at its 100% owned Araguaia nickel project in Para State, north central Brazil. The drill programme is now complete and has demonstrated consistent high grade […]

Final Results North River Resources has announced its results for the year ended 31 December 2014 and that the Annual General Meeting will be held at the offices of SGH Martineau LLP, 5th Floor, One America Square, Crosswall, London EC3N 2SG on Thursday 25 June 2015 at 11.00 am. A notice convening the AGM, proxy […]

Ivrea Project: Airborne Geophysical Survey Commences Nyota Minerals Limited (LSE:NYO) has announced the start of the airborne geophysical survey at its 70% owned Ivrea nickel exploration project in the Piemonte Region of Italy. The survey has been contracted to Geotech, which has a strong working relationship with a local helicopter hire company based in Piemonte. […]

Final Results for the year to 31 December 2014 Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced final results for the year ended 31 December 2014. Highlights: * 25% increase in number of wells on Magnolia’s leases in proven US onshore formations to 186 as at […]