Global News

Already in trouble in China and Iraq, GlaxoSmithKline (LSE:GSK) is now under investigation in Poland on allegations of bribery. Although the GSK share price has been losing ground today in early trading and following the opening of the exchange, it remains to be seen how shares will perform on the New York Exchange (NYSE:GSK). The […]

A scoping study shows Mpokoto is an attractive gold development project with highly attractive returns, Armadale Capital says. Armadale – which has the right to an 80% interest in the project in the Democratic Republic of Congo – says it is now focussed on advancing Mpokoto to the next stage of its development before targeting […]

Savannah Resources has agreed to acquire interests in the highly prospective Block 5 and Block 6 copper projects in Oman from Gentor Resources Inc. Savannah says the acquisition of these projects, which contain part of one of the best preserved copper-rich Ophiolite belts in the world, forms part of its growth strategy of building a […]

Enters into definitive agreement AutoNavi Holdings Limited (Nasdaq:AMAP), a leading provider of digital map content and navigation and location-based solutions in China, today announced that it entered into a definitive merger agreement to be acquired by an affiliate of Alibaba Group Holding Limited, a global e-commerce leader and the largest e-commerce company in China. Pursuant […]

Mariana receives US$600,000 funding for Argentinean gold and silver exploration Mariana Resources Ltd, the AIM quoted exploration and development company focused in Peru and southern Argentina, announces that it has received Arg$4,745,826, Argentinean Pesos (circa US$600,000) funding by way of VAT refund from the Argentinean Tax Authorities. Monies received are in respect of VAT levied […]

Also announces Departure of CFO and CAO Mark Vranesh Zynga Inc. (Nasdaq:ZNGA), a leading social game developer, today announced that the Company has appointed David Lee as Chief Financial Officer and Chief Accounting Officer effective April 14, 2014. Lee will oversee accounting, corporate finance and investor relations and will report directly to Chief Executive Officer […]

Expands Cardiac Lead Extraction Portfolio to Include TightRail Rotating Mechanical Dilator Sheath and SightRail Manual Mechanical Dilator Sheath Set The Spectranetics Corporation (Nasdaq:SPNC) today announced FDA clearance of two new mechanical lead extraction platforms that expand physicians’ options for safe removal of cardiac leads. Each incorporates innovative designs for mechanical...

Sula Iron and Gold (LSE:SULA), a multi-commodity exploration company focussed on Sierra Leone, has said that drilling has commenced at its Ferensola Iron Project located in the mineral rich Sula-Kangari Greenstone Belt in Sierra Leone. The drilling forms part of a 2014 exploration programme, which aims to define a JORC Direct Shipping Ore Iron Mineral […]

Centamin (LSE:CEY) share price is trading down just under 2.0% from yesterday’s close at 53.30. At mid-afternoon CEY is at 52.25, following release of the company’s first quarter 2014 production results. I suggest that it takes a great deal of patient understanding when reading a report like Centamin’s. Gold’s Not Glittering Like It Used To […]

The share price of mega-bank Citigroup (NASDAQ:C) continued to slip today as the once mighty firm continues to embrace the roll of the “Sad Sack” of the world banking sector. Last Wednesday, 02 April, Citi shares closed at 48.25. The share price has closed lower each succeeding day, at 47.66 on Thursday, 47.11 on Friday, […]