Global News

New US$6 million Credit Facility Secured Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, has secured a new US$6 million two year Credit Facility with improved terms. This replaces the Company’s existing US$5 million facility, the details of which were announced on 22 October 2013. Combined with […]

First Exploration Drill Hole Completed Intercepts Potash Mineralisation African Potash, the AIM listed company focused on sub-Saharan potash assets, has successfully intersected potash mineralisation at its Lac Dinga Potash Project in the Republic of Congo. LDDH_001 drill hole is the first of two holes to be completed within the Project area. Highlights: · LDDH_001 intersected […]

The share price of Petra Diamonds Ltd (LSE:PDL) rose by more than 8.6% today to 192.1 after the company had recovered a 232.08 carat diamond of exceptional quality from the legendary Cullinan mine in South Africa, proving that the best way to boost a diamond mining stock is by mining diamonds, especially exceptional ones. The closing […]

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The anticipated Alibaba IPO is about to become a reality. We now know that it will take place on 18 September, that only “friends and family” will be able to purchase on that date before public trading commences on the NYSE the following day, and that the company’s ticker symbol will be BABA (NYSE:BABA). We […]

Deal to manage construction of theme parks development in Dubai Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from Meraas Leisure and Entertainment LLC to provide show and ride construction management consultancy services in connection with Phase 1 of the Dubai Parks development in Dubai, […]

Company says it will offer “Best path to cloud communications” Mitel (Nasdaq:MITL) (TSX:MNW), a provider of business communications, has said it is now offering MiCloud Enterprise service in the U.S. based on the success of early adopters. “A growing number of large companies have transformed their communications with MiCloud Enterprise, moving to our attractive cloud […]

Final Results Empyrean Energy, a US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced its final results for the year ended 31 March 2014. Highlights: · Record financial results and production following a significant step-up in production at flagship Marathon Oil operated Sugarloaf AMI project […]

Mariana Options Strategic RurimaracGold Property Mariana Resources Ltd, an AIM quoted exploration and development company focused in Peru, southern Argentina and Chile, announces it has entered into an option to earn up to 70% of two potentially strategic gold tenements, located in the prospective Cordillera Negra metallogenic province in Peru. The Rurimarac Properties are located […]

Files Initial Symmetry Surgical Registration Statement on Form S-4 With SEC Symmetry Medical Inc. (NYSE:SMA), a leading global source of innovative medical device solutions, including surgical instruments, orthopedic implants, and sterilization cases and trays, announced today the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust...