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LSE Market News

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...

Stellar Resources furthers work at Horse Hill

16 Oct 2014 @ 23:17
Drilling Update, Horse Hill-1, Weald Basin UK Stellar Resources’ (AIM:STG) Horse Hill-1 well has now been drilled to the third casing point at 6,612 feet measured depth, and will now be electrically logged through the observed reservoir sections. Electronic logging and full interpretation of these logs is expected to take approximately one week. The depth of the third casing point was...

Armadale secures up to US$2.73 million to advance

16 Oct 2014 @ 23:14
Mpokoto Gold Project towards commercial production Armadale, the AIM quoted investment company focused on natural resource projects in Africa, announces that it has entered into an agreement with Bergen Global Opportunity Fund, LP, an institutional investment fund, to secure flexible funding of up to US$2.73 million to support the development of its Mpokoto Gold Project, located in the Katanga...

Aeorema Communications issue FY final results

16 Oct 2014 @ 23:09
Final Results Aeorema Communications, an AIM-traded live events agency, has announced its results for the year ended 30 June 2014. Overview: · Positive progress made towards building the Group as a leading provider of live events · Increased profits before tax from continuing operations to £504,841 (2013: £358,864) · Increased revenues to £4,764,584 (2013: 3,992,751) · Cash at bank and in hand...

An Opportunity to Sell Emerges on Leni Gas

16 Oct 2014 @ 12:22
There is now an opportunity to go short in Leni Gas market (LSE:LGO). Although the market has been going upwards for the most past of this year, the recent bias has turned bearish and has rendered the dominant bullish bias invalid. In the chart, the ADX period 14 is still essentially above the level 30, which means there is still momentum in the market. The DM- has almost crossed the DM+ to...

Four Things to Do in a Stock Market Crash

16 Oct 2014 @ 10:51
“There are four things you should consider when the market starts to fall.” 1. Sell everything if you think it is starting to crash but don’t hurry. When the market begins to crash you will likely not hear a thing in the media about it. Spotting a crash has to come from you. If you think it’s going to crash, start selling. Don’t do it all at once, prune your holdings. Sell the...

Bonanza rock chip results for Mariana?

15 Oct 2014 @ 23:13
Bonanza Rock Chip Results from Mariana’s New RurimaracAu-Ag Property, 4km from Soledad Cu-Au-Ag Prospect, Central Peru Mariana Resources, the AIM quoted exploration and development company focused in South America, announces that bonanza rock chip channel sampling results from the new strategic 2,000Ha Rurimarac gold tenements confirm high grade gold and silver mineralisation exposed in...

Anglo Asian see gold production increases

15 Oct 2014 @ 23:08
Quarter 3, 2014 Operations and Production update – Gedabek and Gosha Gold, Copper and Silver mines, Azerbaijan Anglo Asian Mining, an AIM listed gold, copper and silver producer focused in Azerbaijan, has provided a production and operations update for its Gedabek and Gosha gold, copper and silver mines in western Azerbaijan for the three months to 30 September 2014. Production overview:...

Beware of the VIX "Fear Index"

15 Oct 2014 @ 21:26
The VIX Index, more commonly referred to as the Fear Index has begun to make investors (more) nervous this week. On Monday, 13 October, Erin Gibbs of S&P Capital told CNBC that, essentially, anxious investors need to remain calm because “Volatility is still within normal levels,” even though fellow commentator Todd Gordon warned that if the VIX surged upward past 20, investor...

Shire Shares Slump 22%

15 Oct 2014 @ 19:47
The ongoing dramatics involving the potential acquisition of Shire (LSE:SHP) by AbbVie (NYSE:ABBV) has given Shire’s share price a punch in the solar plexus today, making it the FTSE’s biggest loser on the day. Not only has the wind been knocked out of Shire’s sails, but there may be a storm brewing on the horizon. Once AbbVie announced that it was not likely to continue to...
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