World

Commencement of Commercial Operations – Raki / Huajache Wind Power Project Rame Energy has announced that it has formally transitioned into an independent power producer, alongside the Company’s development business, following the completion of all system certification to permit commencement of dispatch of power from its 15MW Raki / Huajache wind project in Chile. Accordingly...

Developed Process Route for Gold Recovery following Metallurgical Testwork Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has announced that a review of metallurgical testwork has supported the development of a planned process route for gold recovery at the 678,000oz Mpokoto Gold Project in the Katanga Province of the Democratic […]

It’s been a month since I last wrote about Gulf Keystone Petroleum (LSE:GKP). Well, not exactly a month, but it was last month. To be precise in was on 31 July, just three days ago. The stimulus for the story was a 12.62% increase and turnaround on the theretofore declining GKP share price. Friday’s News […]

Shares of Gulf Keystone Petroleum (LSE:GKP) were up 12.62% today to 29.00, just one day after hitting a new 52-week low of 24.77. Actually, its a six-year low – going all the way back to July 2009. At its current 29.00 pence, GKP shares are at 32% of its 52-week high of 89.75 and at […]

Dividend of 10 cents per share approved BP today reported its results for the second quarter of 2015. Underlying replacement cost profit1 for the quarter was $1.3 billion, compared with $2.6 billion for the previous quarter and $3.6 billion for the second quarter of 2014. The result reflected the impact of continued low oil and […]

What are the details? Sable Mining, the AIM listed iron exploration and development company, has announced results from metallurgical test work conducted at the Plateau 2 area of the 205.2 million tonnes Nimba Iron Ore Project in Guinea. Highlights: · Detailed mine scheduling shows a life of mine of more than 20 years, and highlighted […]

Award of Licence in Southern North Sea Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, has noted the announcement on 27 July 2015 by the Oil and Gas Authority, the UK oil and gas regulator, confirming the conditional award of […]

Shares of BP (LSE:BP.) closed UP 1.38% today to 392.65 on the day it reported the largest quarterly loss in the history of the company. The $6.3 BILLION loss, however, comes along with a sigh of relief that should end five years of holding its corporate breath in hopes that it might suffer minimally from […]

PLACING AND SUBSCRIPTION TO RAISE £1,000,000 Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, has announced that it has raised £1,000,000 before expenses. The proceeds of the Placing and Subscription will be used primarily for further exploration and resource development of the Kiziltepe Sector of the Red Rabbit Gold Project in […]

Placing and subscription of 105,416,662 Ordinary Shares at a price of 1.2pence per share Vast Resources plc, the AIM listed resource and development company, has announced that it has raised approximately £1.26 million (approximately $1.96 million) before costs through a placing of 45,416,662 ordinary shares of 0.1 pence each in the Company and a subscription […]