LSE Market News

Gedabek gold, copper and silver mine, Azerbaijan Anglo Asian Mining , the AIM listed gold, copper and silver producer focused in Azerbaijan, has provided a production and operations update from its Gedabek gold, copper and silver mine in western Azerbaijan for the three months to 31 March 2015. Production overview: · Gold production for Q1 […]

LGO stock (LSE:LGO) currently requires trading methods that work in bear markets, for the dominant bias is bearish. In spite of desperate effort from the bulls, the bias remains bearish. In the chart, 4 EMAs are used and they are EMAs 10, 20, 50, and 200. The color that stands for each EMA is shown […]

UK Oil and Gas shares (LSE:UKOG) are now attractive to interested bulls, in spite of the current volatility in the market. In the last months of the year 2014 and the early months of the year 2015, the price consolidated. Some consolidation to the downside in the month of February 2015 could have led some […]

Blinkx stock (LSE:BLNX) is currently a choppy market in which buyers and sellers go through rough times. Looking at the market closely, there is a kind of subtle consolidation. There is no serious confirmation pattern here, but when a breakout does occur, it would probably favor the bears. In the chart, the ADX period 14 […]

Wincanton shares (LSE:WIN) are not favorable to buyers at the present. Although the price rallied in the past, until the end of March 2015, things have now turned bearish. What we even saw in March was largely a sideways movement, for there was a tug of war between the bulls and the bears. In the […]

Quarterly Operations Update for the Period Ended 31 March 2015 Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Woodford, Mississippi […]

Royal Dutch Shell (LSE:RDSA) (LSE:RDSB) pushed other world news off the front page this morning, announcing that it has agreed to buy BG Group (LSE:BG.) for $70 billion dollars (£47 billion) at a premium of 50% on BG’s closing price yesterday, which was 910.40. That would price BG shares at 1,365.60. BG shares jumped to […]

Signs Hydro-Electric Collaboration Agreement in Liberia Hummingbird Resources, the multi-project gold company, is pleased to announce it has signed a collaboration agreement to embark on the planning and development of a 20-30MW hydro-electric power plant in southeast Liberia, Africa, in an area ±10km km from Hummingbird’s 4.2Moz Dugbe 1 Gold Project. The Agreement has been […]

Application for Mining Licence at Tongo Kimberlite Project, Sierra Leone Stellar Diamonds, a London listed (LSE:STEL) diamond development company focused on West Africa, announces that it has commenced the application process for a mining licence at its 100% owned 1.45 million carat Tongo Dyke-1 kimberlite project in eastern Sierra Leone. This is as a result […]

Resource Increase at Nayega Manganese Togo Ferrex, an AIM quoted manganese development and iron ore exploration company focused in Africa, has announced that total JORC Code compliant resources have increased to 14Mt @ 12.4% manganese at the Nayega Manganese Project in Northern Togo, held through its 85% owned subsidiary SGM SARL. This is a significant […]