Tom Frew

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 […]

BP has said all of the major new units associated with the Whiting modernization project have been successfully brought on stream. The start-up of the new 102,000 barrel per day coker in mid-November marked the last major milestone of the multi-year, multi-billion dollar modernization project at the facility in Northwest Indiana. “The safe start-up of […]

The U.S. Department of the Treasury thas taken action against four senior members of the Yamaguchi-gumi, the largest and most prominent Japanese Yakuza syndicate. Tadashi Irie, Hirofumi Hashimoto, Toshio Masaki, and Shoroku Ishida were designated pursuant to Executive Order (E.O.) 13581, which targets significant transnational criminal organizations (TCOs) and their supporters. These efforts...

BP has announced it has made a “significant oil discovery at its Gila prospect”, which it co-owns with ConocoPhillips, in the deepwater US Gulf of Mexico. This is BP’s third discovery in recent years in the emerging Paleogene trend in the Gulf of Mexico and reflects the company’s ongoing commitment to the US offshore region. […]

The U.S. Department of Treasury has imposed sanctions on two al-Qa’ida supporters based in Qatar and Yemen. Abd al-Rahman bin ‘Umayr al-Nu’aymi (Nu’aymi) and `Abd al-Wahhab Muhammad `Abd al-Rahman al-Humayqani (Humayqani) were named as Specially Designated Global Terrorists (SDGTs) pursuant to Executive Order (E.O.) 13224. Nu’aymi was designated for providing...