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LSE Market News

African Barrick Gold Impresses

24 Oct 2014 @ 17:28
African Barrick Gold (LSE:ABG) released its unaudited results for the third quarter yesterday. Its share price rose from 195.00 to 200.00 on some impressive results. Typically, we (writers) rush to post the same headlines and stories that everyone else is writing. I have been thinking lately that waiting a day or two offers a slightly different perspective. Especially since we know that things...
 

Contracts for Tangguh Expansion Project announced by BP

22 Oct 2014 @ 23:05
Announced in Jakarta On behalf of the Tangguh Partners, BP announced that two consortia have been awarded the onshore Front End Engineering and Design (FEED) for the $12 billion Tangguh Expansion Project (Train 3): – PT. Tripatra Engineers and Constructors, PT. Tripatra Engineering, PT. Chiyoda International Indonesia, PT. Saipem Indonesia, PT. Suluh Ardhi Engineering and Chiyoda...
 

Europa Oil & Gas secure exploration well approval in Grimsby

22 Oct 2014 @ 22:59
Planning approval granted for Kiln Lane Well, onshore UK Europa Oil & Gas plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has announced its proposal to drill the Kiln Lane conventional exploration well on licence PEDL 181 in East Lincolnshire has been approved by the Planning Committee at a meeting held...
 

Fitbuy land Target and Sainsbury's deals

22 Oct 2014 @ 22:55
Two largest retail deals to date Fitbug Holdings Plc, the AIM listed provider of online personal health and well-being services, has announced that the US retail chain Target Corporation and UK supermarket J Sainsbury will stock Fitbug products in their wearables ranges from November 2014. These represent Fitbug’s largest retail sales agreements worldwide to date. Target, one of the...
 

Good Day for GlaxoSmithKline

22 Oct 2014 @ 19:07
Given some of the travails of this past year that GlaxoSmithKline (LSE:GSK) and its share price have suffered (down 13% in 2014), board members have likely been longing to have a day when they could hum along with Curly McLain in the cast of the Rogers and Hammerstein musical “Oklahoma” as he sings, “Oh, what a beautiful morning, O what a beautiful day; I’ve got a...
 

African Potash completes intersection of multiple seams

21 Oct 2014 @ 22:42
Completion of Second Exploration Drill Hole African Potash, the AIM listed company focused on sub-Saharan potash assets, has announced the “successful completion and intersection of multiple potash seams” at its second exploration drill hole at its Lac Dinga Potash Project in the Republic of Congo. This latest drill hole was completed at one of two target locations delineated from...
 

Stellar reports large diamond finds in Guinea

21 Oct 2014 @ 22:37
Large Diamonds Recovered from Trial Mining at Baoulé Kimberlite, Guinea Stellar Diamonds plc, the London listed (LSE:STEL) diamond development company focused on West Africa, announces results from the trial mining production of the five hectare Baoulé kimberlite pipe in Guinea. Highlights: · 196 carats recovered to date from kimberlite ore at an average grade of 17cpht (+1.25mm cut-off...
 

Europa Oil & Gas talk Lincolnshire hydrocarbon bearing zones

21 Oct 2014 @ 22:27
Update on Wressle-1 Well, onshore UK Europa Oil & Gas plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has welcomed the announcement of Egdon Resources today confirming that detailed petrophysical and reservoir engineering evaluation on the Wressle-1 exploration well on the PEDL 180 licence in East...
 

William Hill Q3 Report Raises Questions

21 Oct 2014 @ 17:33
Shares of William Hill plc (LSE:WMH) were down modestly in London today and were probably not influenced by the company’s third quarter results as much as the it would have liked them to be. In fact, the share price closed at 363.40 yesterday, gaining nearly ten points in early trading to open at 373.00 today. Whilst the early trading indicated a favorable response to the report, the...
 

Rame secures power for Cerro Bayo Gold and Silver

19 Oct 2014 @ 22:07
PPA signed to provide power to Cerro Bayo Gold and Silver mine, Chile Rame Energy plc, the international power generator and engineering company, has announced that its wholly owned subsidiary, Seawind Holdings SpA, has signed a power purchase agreement with Compañia Minera Cerro Bayo Limitada to supply power to the isolated electrical grid system of the Cerro Bayo mining project in Chile...
 
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