LSE Market News

Optimisation Study Completed at Yanfolila Gold Project, Mali Hummingbird Resources, the multi-project gold company, has announced the results of its Optimisation Study which highlights the increased size, extended life of mine and robust economics of the Yanfolila Gold Project in Mali and the defined path to production in H1 2016, with construction commencing on time in H1 2015. Optimisation...

In the Paradox and Uinta Basins Rose Petroleum plc, the AIM-listed (LSE:ROSE) natural resources company, has increased its land position within both the Paradox and Uinta Basins. The Company has acquired a 75% working interest in an additional 1,597.8 gross acres (1,198.35 net acres) in the Uinta Basin and an additional 3,344.62 gross acres (2,508.47 net acres) in the Paradox Basin. This...

What is going on globally? Europa Oil & Gas, an AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has set out extensivie details relating to ongoing and upcoming activity across its portfolio of projects onshore UK, onshore France and offshore Ireland. Wressle Onshore UK, testing operations at the Wressle...

Lately the U.S. and UK markets have been getting excitinger and excitinger. I know that’s bad grammar, but I just can’t help it. It’s exciting! We’ve been watching the FTSE 100 as we promised. (Obviously we would do that anyway.) But we can’t ignore the NASDAQ and the Russell 2000, both of which are reaching new heights today. First, the Footsie After hitting a...

Includes acquisition of Yanfolila gold project Hummingbird Resources, the multi-project gold company, has announced its unaudited financial results for the six months ended 30 November 2014. Operational Highlights: · Completed acquisition of Yanfolila gold project in Mali from Gold Fields Ltd (‘Gold Fields’) in July 2014 · Drilling results reported at the Yanfolila Project ·...

Agriterra Limited, the AIM listed pan-African agricultural company, announces its results for the six months ended 30 November 2014. Chairman’s Statement: The Company continues to work towards its objective of becoming an integrated pan-African agricultural business with a diversified portfolio of products including beef, cocoa and maize. In line with this objective, we remain focussed...

The folks over at International Consolidated Airlines Group (LSE:IAG) are on Cloud 9 today as investor confidence was reflected in a 3.66% share price increase and a volume that was 44% higher than average. IAG closed at 580.00, up 20.50 points on a volume of 10.5 million shares traded. The share’s high for the day was 595.00, establishing a new 52-week high for the parent company of...

Shares of mining major, Rio Tinto (LSE:RIO) have been up this afternoon in fairly light trading following its announcement of its next step in the transformation of its operational structure. Although its shares were in decline for most of the day, hitting a low of 3,189 in early trading, most of the day has been a relatively strong comeback. Currently (3:41 pm UCT), RIO shares are hovering...

Horizonte Minerals Plc, (LSE:HZM)the exploration and development company focused in Brazil, announces its results for the year ended 31 December 2014. Overview: · Completion of NI 43-101 compliant Pre-Feasibility Study on the 100% owned Araguaia Nickel Project in Brazil, demonstrating robust project economics for a 15,000 tpa nickel in Fe-Ni product with post-tax Net Present Value at 8...

Financial Results for the Year Ended 31 December 2014 Savannah Resources plc (LSE:SAV) announces its audited financial results for the year ended 31 December 2014. · Transformational move into mineral rich Oman, diversifying commodity and geographic reach – acquired interests in Blocks 4, 5 and 6 copper projects in the Sultanate of Oman, which includes an Indicated and Inferred Mineral...