World

Updated Reserve Report Empyrean, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has announced that an independent appraisal and updated report prepared by DeGolyer & MacNaughton, effective to 30 June 2015, has highlighted a further significant increase in the Company’s Reserves and Resources at...

Markets were quiet on Tuesday with the Dow and S&P500 closing down with mild losses as the market digests the reporting season. In Asia, the Shanghai Composite didn’t see much of a reaction to the latest export data, where opinion was polarised and divided. The index still managed to close up 0.17% to 3,293.  Commodity […]

Michael Dell is continuing to reinvent and rebuild his empire (He is 47th on the 2015 Forbes 400). Dell formally announced this morning that would be acquiring IT services giant EMC (NYSE:EMC) for $67 billion. Michael Dell and Silver Lake Partner spent $25 billion to take his company private in October 2013. At that time, […]

What are the details? Grupo Gondi and WestRock (NYSE:WRK) have agreed to combine their operations in Mexico to form a joint venture, creating a leading paper and packaging company in the country. Grupo Gondi currently operates ten production sites that hold six paper machines, seven corrugated packaging plants and four modern high graphic folding carton […]

What are the details? Northrop Grumman Corporation (NYSE:NOC) has been awarded a $58,706,242 million contract from the Marine Corps to develop and test the Ground Weapon Locating Radar (GWLR) mode for the AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR). The GWLR mode is a software update that brings additional mission capability to the ground-based multi-mission Active Electronically […]

Fabric-on-Demand Pioneer Prepares for Global Expansion, Relies on One-Step Digital Printing Technology Kornit Digital, (NASDAQ:KRNT), a worldwide market leader in digital textile printing technology, has announced that Spoonflower, Inc., a pioneer and fast-growing producer of on-demand fabrics, has purchased its fourth Kornit Allegro system. This fourth system will be the first unit to go into...

Corporate and Mothae acquisition update Paragon Diamonds Limited, the AIM quoted diamond development company, has announced an update and progress regarding the proposed acquisition from Lucara Diamond Corporation of the Mothae Kimberlite Resource, which is only 5 km from the world class Letšeng le Terai Diamond Mine in Lesotho, and the Company’s nearby Lemphane Kimberlite […]

Continued Positive Results from Mapping and Sampling, Walchen, Austria Noricum Gold Limited, the European focused base and precious metals exploration and development company, has provided an update on its exploration activities at the Company’s 100% owned Walchen VMS Deposit, located in Austria. Highlights: · Walchen’s potential to host significant multi element mineralisation...

Joint Venture Agreement with Leading UAV Training Company Strat Aero plc, an international aerospace company focused on the rapidly emerging Unmanned Aerial Vehicle sector, has reached agreement on a joint venture arrangement with UAV Airways Limited a privately owned company which, as a UK CAA Approved National Qualified Entity, specialises in the provision of UAV […]

Update on Phase One Fundraising North River Resources, the AIM quoted resource company focused on the Namib Lead-Zinc Project in Namibia, has announced that it has now closed its Open Offer and Placing, and has consequently completed its Phase One Fundraising raising in aggregate US$4 million under the Open Offer, Placing and Greenstone Placing. The […]