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BHP Billiton News Prompts Rebound

Sep 23 2015 @ 11:36
BHP Billiton’s share price (LSE:BLT) rebounded today as two new parts of the company’s developing story were revealed. By and large, investors will probably give much more attention to the cuts in executive pay than the other, just as significant story. BHP shares are up at 1,046.00 at 11:09 a.m. EDT. That is a gain […]
 

Anglo Asian Mining report record gold production and lowering cash operating costs

Sep 22 2015 @ 15:48
Interim results for the six month period to 30 June 2015 Anglo Asian Mining, the AIM listed gold, copper and silver producer focused in Azerbaijan, has issued interim results for the six month period ended 30 June 2015 (“H1 2015”). Note that all references to “$” are to United States dollars. Operational overview · Robust […]
 

Steady as she goes

Sep 17 2015 @ 19:57
So there we have it, the Fed has left interest rates on hold, and as I have been saying, this was to be expected. Janet Yellen talked about uncertainty over China being a significant factor, and as I outlined again yesterday, subdued inflation was held out as another reason to remain loose. The US indices […]
 

Federal Reserve Holds Interest Rates

Sep 17 2015 @ 14:14
All day long financial news sites have been littered with headlines speculating about whether or not the U.S. Federal Reserve would at last raise interest rates this month as has long been anticipated. If not speculating about whether or not, they speculated all day about what if. Between that and the reports on last night’s […]
 

BP agrees third latest generation PTA licence with Ningxia Baota

Sep 15 2015 @ 13:17
What are the details? BP and Ningxia Baota Chemical Fibre Co., Ltd. (a majority owned subsidiary of Baota Petrochemical Group) have signed an agreement to license BP’s latest generation purified terephthalic acid (PTA) technology, the third such deal agreed by BP. Ningxia Baota intends to build a 1.2 million tonnes per annum (tpa) unit at […]
 

Strat Aero refresh board

Sep 14 2015 @ 15:37
Board Appointment Strat Aero plc, an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle sector, has announced the appointment of Mr. Gerard Dempsey to the Board as Chief Financial Officer with immediate effect. Mr Dempsey is a Chartered Accountant with over 30 years’ experience in senior finance roles across a range of […]
 

Aerojet Rocketdyne breaks ground on expansion

Sep 10 2015 @ 13:20
Governor Asa Hutchinson, State and Local Leaders Participate in Groundbreaking Ceremony and Solar Facility Dedication Aerojet Rocketdyne (NYSE:AJRD) today hosted a groundbreaking ceremony attended by nearly 200 people including Arkansas Governor Asa Hutchinson, other state and local dignitaries, company leaders and employees, to celebrate the company’s planned expansion that will bring...
 

Citi Warns of Potential Global Recession

Sep 09 2015 @ 15:02
Normally I don’t pay much attention to warnings of potential financial woes on the horizon, largely because there is always someone prophesying global gloom and doom. But when Citigroup’s chief economist warns, it is not only something I regard as newsworthy, it is something I regard as significant. Willem Buiter doesn’t do this sort of […]
 

Plexus launches Python Subsea Wellhead with Shall, BG, Maersk, TOTAL

Sep 08 2015 @ 13:12
Joint Industry Project supported by BG, Royal Dutch Shell, Wintershall, Maersk, TOTAL, Tullow Oil, eni, Senergy, and Oil States Industries Inc. Plexus Holdings, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has launched the POS-GRIP Python Subsea Wellhead at a launch ceremony attended […]
 

Goldplat - Gold Recovery Update: Significant progress made on capital projects

Sep 07 2015 @ 16:45
Operational Update Goldplat, the AIM listed African gold producer, has announced significant progress on capital projects and new contracts aimed at improving the production and efficiency of its gold recovery operation in South Africa, Goldplat Recovery (Pty) Limited, which processes by-products from the mining process to recover gold. Capital projects – A new electric boiler […]
 
 
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