Global News

Airborne Magnetics Identify Multiple Potential Strand Lines – Jangamo Project Savannah Resources (LSE: SAV) has received preliminary results from the recent airmagnetic survey completed at its highly prospective, 180km² Jangamo heavy mineral sands project, located in a world-class mineral sands province in southern Mozambique. Highlights: · Heliborne magnetic and radiometric survey...

The share price of Imagination Technologies (LSE:IMG) has gained 17.21 pence, an increase of 7.37%, as at 2:45 pm today. Shares are currently trading at 250.71, well above the stock’s 50, 100, and 200 day moving average. Investors received news this morning that full-year company revenues as of 30 April 2014 were up by 13% […]

Appointed Drill Contractor at Lac Dinga Potash Project African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, has appointed RCT to undertake a maiden 1,000m diamond drill programme at the Company’s Lac Dinga Potash Exploration Project in the Republic of Congo. Overview: · Maiden drill programme due to commence at Lac Dinga […]

This year has not been particularly good to the share price of Asos (LSE:ASC). Its share price has declined by more than 50% since February after having reached 7,200. Asos shares closed at 1,752 on Friday, June 20th, only to be followed five hours later by a fire in the company’s main distribution center in […]

It’s not often that the general public knows ahead of time that $21 million worth of shares in three major corporations are about to be sold. However, on Saturday the Presbyterian Church U.S.A (PCUSA) announced that it will be selling all of its shares in Caterpillar (NYSE:CAT), Hewlett Packard (NYSE:HPQ), and Motorola Solutions (NYSE:MSI). According […]

Increase in Inferred Resource Estimate for the Kossanto Gold Project, Mali Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has announced a 28% increase in its independent Mineral Resource estimate for Gourbassi to 247,000 ounces of gold. This increase follows the recent completion of additional reverse circulation […]

If only there were more space in the title line, I could have said, “Shire Shares Soar Sixteen Percent and Six Hundred Twenty-Six Pence. (I love alliteration and tongue-twisters, and now I think that I’ve created something to rival Peter Piper. In this case, not only is it fun to say, but it is true! […]

It was less than a fortnight ago, June 11th to be exact, when Lamprell (LSE:LAM) watched the bottom drop out of his share price as investors showed their displeasure with the company’s remuneration report presented at its AGM. On that day, Lamprell’s share price dropped  22 pence (12.9%) to 149.00 just two days after reaching […]

Deal covers 1.5 million tonnes BP and the China National Offshore Oil Corporation (CNOOC) today announced a heads of agreement for the supply of up to 1.5 million tonnes of liquefied natural gas (LNG) per year over 20 years starting in 2019. The agreement was signed in London by BP Executive Vice President, Dev Sanyal […]

Heads of term agreed with Geo Estratos, an established Mexican oil and gas services company Astar Minerals has said it has agreed heads of terms with Geo Estratos S.A. de C.V., an established oil services business in Mexico, to form a 51%/49% joint venture between Astar and Geo respectively to jointly evaluate, explore, develop, and […]