Global News

Savannah Resources plc (LSE:SAV) has completed the acquisition of interests in the highly prospective Block 5 and Block 6 copper projects in the Sultanate of Oman from TSX-V listed Gentor Resources Inc. The acquisition of these Projects forms part of Savannah’s growth strategy of building a globally diverse, multi-commodity exploration and development company. Overview: · […]

You have got to wonder if the Obama administration is out to get Tesla (NASDAQ:TSLA) founder Elon Musk. Following remarks by Fed Chairwoman Janet Yellen, Tesla’s share price plunged to 219.58 from it’s previous close of 226.45 on 14 July. It may be difficult to prove that Yellen’s ineptness caused the significant reduction in the […]

Also appoints Pierre Fitzgibbon as Chairman of Board Neptune Technologies & Bioressources (Nasdaq:NEPT), has announced its consolidated financial results for the first quarter ended May 31, 2014. “It was a very successful start to our fiscal year, with Neptune announcing the opening of its Sherbrooke plant, the launch later this year of three new condition-specific […]

Quarterly operations update for the period ended 30 June 2014 Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Mississippi Lime […]

There’s no doubt about it. Persistence can pay off. AbbVie (NYSE:ABBV) has been courting Shire plc (LSE:SHP) for some time now with takeover proposals, all of which Shire has shunned. The board of Shire has now reported that it is willing to recommend ABBV’s latest offer of £53.2 per share in cash and stock. Shire’s share […]

We all know the axiom that “Where there’s smoke, there’s fire.” But have you ever noticed how, when one person lights up, someone else inevitably does too? That’s what happened today when Imperial Tobacco ( LSE:IMT) lit up the news that it was hoping to acquire some brands currently the property of Lorillard (NYSE:LO) and […]

The National Audit Office pulled no punches when it released its report by its comptroller and Auditor General entitled “The Privatisation of Royal Mail.” (LSE:RMG) Maintaining a modicum of politeness, Amyas Morse, head of the office, said, “The Department was very keen to achieve its objective of selling Royal Mail, and was successful in getting […]

Northcote (LSE:NCT) has provided an update on its 2014 work programme and the issue of £300,000 zero coupon secured loan notes to further accelerate drilling work at Zink Ranch. Highlights: · In order to deal with the current and anticipated increases in gas & fluid flows resulting from the 2014 programme infrastructure improvements are required. […]

A STEP BETWEEN PENURY AND SOLVENCY “Once you take the desire to make money out of your trading and put in the desire to do what good traders do, your mindset shifts and allows you to make more good decisions.” – Craig Cobb Alan* has reached the end of his tether. His handiwork is not […]

Chairman of the Bored? Alecto Minerals (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, have announced that Dominic Doherty, currently Alecto’s Operations Manager, has been appointed to the Board as Operations Director with immediate effect. In tandem with this, Mike Ware, the Company’s part time Executive Director, will step down […]