Global News

Rock samples return DSO iron grades at Mebaga Iron Ore Project in Gabon Ferrex plc, an AIM quoted iron ore and manganese development company focused in Africa, has said that high iron values have been returned from rock samples collected as part of the mapping programme in February 2014 to increase the mineralised area at […]

Phizer (NYSE:PFE) has officially withdrawn it’s £69 billion offer to acquire British pharmaceutical giant, AstaZeneca (LSE:AZN). According to a statement from Pfizer on 26 May, the deal has been withdrawn and, therefore, will not happen at any time in the near future, if ever. The text of Pfizer’s announcement read: On 18 May 2014, Pfizer announced […]

The Saga Group (LSE:SAGA) floated it’s IPO on the London Exchange today. Saga’s share price closed at the same price it was offered: 185.00 pence, after a short period spent at 189.00. As usual, there are at least two side to the story. The plot of one is that it was a successful IPO, raising £550 […]

In partnership with Northcote Energy North American Petroleum, a company focussed on developing its interests in proven US onshore oil and gas formations, notes that Northcote Energy Ltd (AIM:NCT) , its partner and operator of the 1,520 gross acre Zink Ranch Project in Oklahoma, has today announced that gas production from four wells recently recompleted […]

Second Off-take Agreement to Supply Crude Palm Oil from 60 t/hr extraction Mill in Côte d’Ivoire DekelOil Public Limited, operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has announced the commencement of sales of Crude Palm Oil produced from its 60 t/hr extraction Mill to Adam-Afrique, a local […]

The latest offer from Pfizer (NYSE:PFE) for AstraZeneca (LSE:AZN) (NYSE:AZN) has turned into a Phizaster. No matter how loudly one shouts “No,” it usually causes other voices to cry out in protest. Whilst the original “No” was directed at Pfizer, now the AZN board is saying “No” to its own shareholders. That’s probably not a […]

“We’ve seen plenty of traders over the years make huge returns on their accounts, well over 1000 per cent in a relatively short period of time, but as soon as they hit a drawdown period they just as quickly give it all back. This is because they were trading well beyond risk limits in the […]

Prospect located in Soledad Mariana Resources Ltd, the AIM quoted exploration and development company focused in Peru and southern Argentina, announces positive results from its first drill hole of a 2000m campaign at the copper-gold-silver Soledad prospect in Peru located in the prospective Cordillera Negra metallogenic province approximately 34 km to the south of the […]

The biggest financial news of the day, for me at least, is that the new company, formerly known as Glencore Xstrata (LSE:GLEN), and known before that as two companies, i.e., Glencore and Xtrata, shall now henceforth officially be called Glencore. Its EPIC ID will still be GLEN. The impact of the announcement at the company’s […]

It took less than 24 hours, most of which, I assume, AstraZeneca’s (LSE:AZN) chairman, Leif Johansson spent getting a good night’s sleep, to resoundingly reject Pfizer’s (NYSE:PFE) latest and final takeover offer of £55.00 per share. AZN share price has dropped by more than 11% to £42.75. Pfizer made it abundantly clear yesterday, 18 May, that £55.00 per […]