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Placing to Raise £400,000 to Expand Current 678,000oz Mpokoto Gold Resource Armadale, the AIM quoted investment company focused on natural resource projects in Africa,has announced a conditional placing of 10,000,000 new ordinary shares of 0.1 pence each in the capital of the Company at a price of 4.00p pence per share to raise gross proceeds […]

What are the detials? Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has announced that Plexus Products (Asia) Sdn Bhd, the Company’s joint venture with Integrated Petroleum Services Sdn Bhd, has secured a local PETRONAS licence to manufacture and supply […]

Mothae Acquisition – Update Paragon Diamonds Limited, the AIM quoted diamond development company, has announced that, further to the announcement of 5 May 2015, the Company has now entered into a legally binding share purchase agreement with Lucara Diamond Corporation with regards to the acquisition of the Mothae Kimberlite Resource. Mothae is located close to […]

The Bank of Canada decided to cut interest rates by 25 basis points yesterday to 0.50%. This move was widely expected by economists who were surveyed on the matter and the Canadian Dollar quickly shed roughly 200 pips as forex traders were adjusting their positions. The Canadian economy, which is heavily dependent on commodity exports, […]

Positive Drill Update, Shoats Creek Project, Louisiana Northcote (LSE:NCT) has announced that the Lutcher Moore #20 well targeting the Frio Formation at the Shoats Creek Project in Louisiana, successfully reached total depth of approximately 5,500 feet on 14 July 2015. Mud logs have indicated the presence of hydrocarbons in the targeted payzone, in line with […]