Global News

DekelOil Public Limited (LSE:DKL), operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has announced that it has received 400,000,000 FCFA (approximately 610,000 Euros) out of a total advance payment of 600,000,000 FCFA (approximately 915,000 Euros), as part of an off-take agreement signed with Societe Africaine de Raffinerie, a […]

Mike van Dulken, Head of Research at Accendo Markets, commented in his Weekly Roundup to clients, Since we last wrote the UK flagship Index closed 2013 +14.4%, capping off a terrible year for its miners (-30% to -60%) but a great one for the likes of airlines (+100 to +120%) and financial services (+35% to […]

If the holiday season did anything for investors, it highlighted an issue that most really prefer to ignore. The retail sector is in trouble. UK stalwarts, like Morrisons (LSE:MRW), Tesco (LSE:TSCO) and Sainsbury (LSE:SBRY) share prices have pulled the London Exchange lower as each reported dismal sales during the season. Because we all see the […]

“When historians write this story 10 or 20 years from now, they are going to look at a very different U.S. Everything has changed.” That was the forecast of Philip Verleger, energy sector guru and former director of energy policy at the U.S. Treasury Department, in an article published this week. Energy Investors, Beware! Your […]

Empyrean Energy (AIM:EME), ae US onshore oil, gas and condensate exploration, development and production company, has arranged a US$5 million drawdown under Tranche B of its facility with Macquarie Bank to fund operations during 2014. The work will include the increased pace of drilling expected on the Sugarloaf AMI, an Eagle Ford Shale oil, condensate […]

In my humble opinion, I believe that investors sometimes spend so much time analyzing numbers on a page that they miss news that has the potential to make or break a company. Don’t get me wrong, I strongly suggest thorough analysis when investing, it’s just that there is a danger in burying one’s head in […]

The quiet community of Kirkland Lake is located in northern Ontario adjacent to the Quebec border, in an area where the forests are far more dense than the population and where the temperatures at this time of year average a high of -10.7° Celsius and a low of -23.4°C. It also sits strategically within what […]

BP have said that 2013 had been its most successful year for new field exploration for almost a decade. During the year, BP has participated in 15 completed wildcat exploration wells which have resulted in seven potentially commercial discoveries, giving a new field exploration success rate of over 40%. Lamar McKay, chief executive of BP’s […]

DekelOil (LSE:DKL), the operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has accepted the conversion of four Capital Loan Notes totalling EUR570,000. The Loan Notes will convert into 43,913,713 new ordinary shares of €0.00003367 each in the Company (‘New Ordinary Shares’) at a conversion price of 1.1 pence […]

Noricum Gold (LSE:NMG), an Austrian focussed gold exploration and development company, has announced significant high grade gold and silver mineralisation has been returned from the remaining holes drilled during its 2013 underground drill programme. The campaign was focussed on the previously producing underground mine target within the Company’s 100% owned Rotgulden Gold and Precious Metals...