LSE Market News

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...

Black Mountain Resources (AIM:BMZ) the silver focused development company with interests in the US, has said that it has secured A$3 million strategic long term debt financing with Alcyone Resources Limited (ASX:AYN) which will be utilised towards funding the development of the New Departure and Conjecture Silver Projects. Company chairman Peter Landau said, “We are […]

DekelOil (LSE:DKL), operator and 51% owner of an established, vertically integrated palm oil project in Côte d’Ivoire, has issued an update on its operations including excellent progress towards final commissioning of its 60 t/hr Crude Palm Oilextraction mill by Modipalm Engineering SDN BHD, the leading Malaysian engineering company. The mill is on course to become […]

Nyota Minerals Limited (AIM:NYO), the gold exploration and development company in East Africa, announces that it has completed the sale of 75% of the issued share capital of Nyota Minerals (Ethiopia) Limited, the company’s subsidiary that owns 100% of the Tulu Kapi Gold Project in Ethiopia and the proximal exploration licences. The 75% stake in […]

Ariana Resources (LSE:AAU) has said that the Ministry of Environment and Urban Planning has now formally approved the EIA for the initial mine at Kiziltepe. Highlights: – Milestone achievement in the development of the Kiziltepe mine towards gold and silver production –targeted at 21,000oz of gold equivalent per annum. – Ariana’s joint venture partner, Proccea […]

Sula Iron & Gold (LSE:SULA) a multi-commodity exploration company focussed on Sierra Leone, has appointmented of Mr Andrew Dacey as Non-Executive Technical Director with immediate effect. Additionally, Mr Gareth O’Donovan will step down from the Board in order to focus on his other work commitments. The appointment of Mr Dacey strengthens the Board as the […]