LSE Market News

BP (LSE:BP.) have announced it has added two drilling rigs to the deepwater Gulf of Mexico, bringing its fleet to a company record nine rigs as it continues to develop its strong portfolio of assets in the key U.S. offshore basin. One of the rigs is a new ultra-deepwater drillship known as the West Auriga […]

Here we are on that Thursday of each month where the entire financial universe slows to nearly a crawl waiting for the US Federal Reserve to announce its next move.  If we are just going to sit around and wait, why don’t we do it at the Albion or Three Lords and raise a pint […]

The share price of FTSE 250 member Telecom Plus (LSE:TEP) took off this morning like a rocket and has continued to climb at mid-day to 1747.0.  That is nearly a 16% increase on the yesterday’s close of 1507.0.  The intraday increase was powered by the TEP’s acquisition of Electricity Plus Supply Ltd and Gas Plus […]

Mariana Resources (LSE:MARL), an AIM quoted exploration and development company focused in Peru and southern Argentina, have released positive initial results from scout drilling at Pucayacu target of the Condor de Oro copper-gold project, located along the prolific gold-copper Cordillera del Condor belt in Northern Peru. Highlights: – First two holes indicate multiple mineralisation...

Beacon Hill Resources (LSE:BHR) (ASX:BHU), the AIM and ASX listed coal producer, have provided an update on rail logistics at its flagship asset, the Minas Moatize Coal Mine in Tete, Mozambique. · Arrival of maiden test train to trial the Tete coal loading facility · Five new 2,240 kW diesel locomotives on track to be […]

Noricum Gold (LSE:NMG), an Austrian focused gold exploration and development company, have completed their 2013 underground drill programme at the previously producing gold mine within the Rotgulden Gold, Silver and Precious Metals Project and the commencement of phase two of its systematic soil sampling and geochemistry programme at the 100% owned Schonberg Gold and Precious […]

Plexus Holdings (LSE:POS), the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, have confirmed it has extended a contract with Centrica North Sea Gas Ltd (‘Centrica’) for the supply and sale of an additional POS-GRIP wellhead system (5,000 psi) and services for the GROVE […]

Sula Iron & Gold (LSE:SULA), a multi-commodity exploration company focussed on Sierra Leone, have announced that is has commenced further exploration work to prove up the gold mineralisation at its wholly owned 153 sq km Ferensola Project, located in the northern part of the Sula-Kangari Greenstone Belt in Sierra Leone, which is prospective for both […]

easyJet’s (LSE:EZJ) share price continued its year-long ascent this morning after some mild turbulence over the past three months.  By 1:00 pm today EZJ’s share price was 1,359 pence, up 103.0 from 1,256, an increase of 8.2% on the day. The company released its final results for the year ending 30 September this morning, and […]

Sitting at my desk on the left side of the Atlantic, my work day begins about mid-day London time.  Often, but not always, that means that some of my colleagues, like Tom Frew, have already churned out most of the leading stories of the day.  Let’s just say that his writing has been prolific over […]