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LSE Market News

Armadale talk gold and Mpokoto

27 Nov 2014 @ 23:12
Update on Metallurgical Testwork at Mpokoto Gold Project Armadale, the AIM quoted investment company focused on natural resources projects in Africa, is pleased to announce a positive update on the metallurgical testwork programme for the Mpokoto Gold Project in the Katanga Province of the Democratic Republic of Congo which has demonstrated increased gold recoveries of 84% from transitional...

FinnAust reports progress at Kelka project

27 Nov 2014 @ 23:09
Hammaslahti Copper-Zinc Project – Drilling update FinnAust Mining has announced that a SMoy drill rig has arrived at its Kelkka Nickel Sulphide Project in South East Finland. Drilling is due to commence imminently. Kelkka is located only 80km Southeast of the Company’s discovery at its 100% owned Hammaslahti Project where drilling continues uninterrupted. Highlights: · Kelkka is...

North River Resources complete Namib feasibility study

27 Nov 2014 @ 23:04
Definitive Feasibility Study Demonstrates Robust Economics of Namib Lead Zinc Silver Mine North River Resources has announced the completion of the Definitive Feasibility Study for its brownfield Namib Lead Zinc Silver Mine in Namibia. Highlights: · Maiden Mineral Ore Reserve of 585,000 tonnes at 6.2% zinc, 2.9% lead, and 46ppm silver · Robust economic model with strong IRRs at consensus metal...

Optibiotix Makes Substantial Gains

25 Nov 2014 @ 23:43
Optibiotix stock (LSE:OPTI) has gone upwards significantly and it is expected that the substantial gains made by the bulls would be sustained. In this market, short-term pullbacks should be seen as another money making opportunities by the bulls. When speculating on a new bias, what you think is a new bias may simple be a transient retracement amidst the existing protracted bias. 4 EMAs are...

Phorm Corporation Remains a Bear Market

25 Nov 2014 @ 23:34
Phorm Corporation shares (LSE:PHRM) is a bear market and it would remain so for some time to come. The recent bullish run peaked in September 2014, after which a bearish bias started. Therefore, the last near-term rally that has happened in this month is a good opportunity to sell short and ride the market downwards. We are not always sure of the validity of our decision when we want to join a...

Northrop Grumman supports US Air Force Minuteman Missile test launch

25 Nov 2014 @ 20:46
Did it go with a bang? Northrop Grumman Corporation (NYSE:NOC) recently supported the successful flight testing of the U.S. Air Force’s Minuteman III intercontinental ballistic missile (ICBM) weapon system. The operational flight test was conducted as part of the Air Force Global Strike Command’s Force Development Evaluation Program. This program demonstrates and supports...

Paragon Diamonds talks Kimberlite project

25 Nov 2014 @ 20:31
Update on Processing Plant for Lemphane Kimberlite Project, Lesotho Paragon Diamonds Limited, the AIM quoted vertically integrated diamond development company in Lesotho, Africa, have announced the finalisation of the design and order plans for a state of the art processing plant for its 80% owned Meso Diamonds’ Lemphane kimberlite mine, which is located among a cluster of kimberlites...

Uranium Resources talk full year results

24 Nov 2014 @ 22:14
Final Results and Notice of AGM Uranium Resources plc, the AIM-listed uranium exploration and development company, has announced its results for the year ended 30 June 2014 and gives notice of its Annual General Meeting – to be held at the offices of SGH Martineau LLP, 5th Floor, One America Square, Crosswall, London EC3N 2SG on 19 December 2014 at 11:00AM. The Company also confirms that...

Plexus lands fresh £2m contract

24 Nov 2014 @ 22:09
£1.9 Million Well Order Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has received a purchase order from a major oil and gas operator to supply surface wellhead and mudline equipment services for a gas and condensate exploration well in the UK Continental Shelf in the North Sea...

Intel Offers Insight Into What's In Sight

20 Nov 2014 @ 22:59
The share price of Intel (NASDAQ:INTC) rose steadily this morning, then spiked upward as the news reported by the board of directors at the company’s annual shareholder’s meeting became public. Opening this morning at 34.15, shares gained to 4.66% to close the day at 35.95, the highest the Intel share price has closed since February 2001. Two tidbits essentially prompted the uptick...
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