LSE Market News

Barclays shares (LSE:BARC) are currently strong. The price was strong for the most part of the year 2014, though there were occasionally vivid pullbacks which allowed bulls to go long when things were slightly down and in the context of an uptrend. Looking at the historical data, it would be seen that the best approach […]

Nayega Manganese – Northern Togo Update Ferrex PLC, an AIM quoted manganese development and iron-ore exploration-company focused in Africa, has announced the completion of the modelling for Phase 1 of the Definitive Feasibility Study (DFS) at its Nayega manganese project in Togo, subject to confirmation of the final fiscal terms of the Togo Mining Convention. […]

Wressle-1 Well Flows Oil & Gas in Testing and Board Changes Europa Oil & Gas (Holdings), an AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has responded to the announcement of Egdon Resources today confirming free flowing oil production rates equivalent to 80 barrels […]

Ariana Resources, the gold exploration and development company focused on Turkey has announced that it has entered into an investment agreement with Metal Tiger (LSE:MTR) that includes a direct equity investment of up to £150,000 by Metal Tiger for shares with attaching warrants in Ariana. Dr. Kerim Sener, Managing Director, commented: “Ariana is pleased to […]

Update on Raki / Huajache Wind Power Project, Chile Rame Energy plc, the independent power producer, has updated investors on its 15MW Raki / Huajache wind project in Chile. Rame holds a 20% equity interest in the project alongside Santander Investment Chile Limitada. The landslide referred to in the Company’s announcement on 16 December 2014 […]

Update on Strategic Review and Termination of Formal Sale Process Empyrean Energy Plc, the US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, announced on 10 July 2014, that it had launched a review of strategic options and the commencement of a formal sale process under the […]

Significant DSO Tonnage Increase Demonstrated in Resource Update at Nimba Iron Ore Project Sable Mining Africa Limited, the AIM listed exploration company, has announced a further JORC Code (2012) compliant Resource update at the Nimba Iron Ore Project in south-east Guinea. This follows the completion of 231 Reverse Circulation drill holes conducted as a resource […]

Underlying replacement cost profit $2.2 billion; significant impairment charges in the quarter – Taking action to meet challenging environment BP today reported its results for the fourth quarter and full-year 2014. Underlying replacement cost profit1 for the fourth quarter was $2.2 billion compared with $2.8 billion for the same period in 2013. Full year underlying […]

Exclusive Agreement with Rockpool Investments LLP for Total Non-Asset Finance Investment of £34 million into its SPVs for 200MW of Flexible Power Generation Sites Plutus PowerGen plc, the AIM listed power company focused on the development, construction and operation of flexible stand-by electricity generation in the UK, is pleased to announce that it has signed […]

Sale of Non-Core Assets Northcote (AIM:NCT), an onshore US oil and gas exploration and production company, has said that, in line with its strategy to dispose of certain non-core assets in its portfolio, it has agreed to sell its over-riding royalty interests on certain Oklahoma wells within the Company’s portfolio for a cash consideration of […]