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Commodities

Europa Oil & Gas awarded licence in Southern North Sea

29 Jul 2015 @ 18:13
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 […]
 

BP Can See Beyond the Horizon After Massive Q2 Loss

28 Jul 2015 @ 19:45
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 […]
 

Ariana hope to raise fresh £1m through placing

27 Jul 2015 @ 20:44
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 […]
 

Vast Resources - Placing and subscription raises £1.26m

27 Jul 2015 @ 20:41
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 […]
 

MX Oil: drilling commences on first of two back to back Nigerian wells

27 Jul 2015 @ 20:39
Drilling of Aje 5 Development Well Commences Offshore Nigeria and Exercise of Warrants MX Oil plc, the AIM quoted oil and gas investment company, has announced that drilling has commenced of the Aje 5 production well located in the proven Aje Field on the OML 113 licence offshore Nigeria. Once Aje 5 has been drilled […]
 

Europa Oil & Gas: £1.04m raised to advance UK onshore

23 Jul 2015 @ 18:16
Result of Open Offer Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, announced on 6 July 2015 that it had raised £1.4 million by the issue of 20,000,000 New Ordinary Shares pursuant to a Firm Placing and 2,630,000 New Ordinary […]
 

Finnaust appoints interim CEO

22 Jul 2015 @ 18:07
Appointment of Interim CEO FinnAust Mining plc, the AIM listed exploration company with a multi-project, copper, zinc and nickel portfolio in Finland and Austria, has announced the appointment of Roderick McIllree as its non-Board interim Chief Executive Officer. Mr. McIllree is a graduate of Curtin University’s Kalgoorlie School of Mines, holds a Bachelor of Science […]
 

Vast Resources talk fulfilment of conditions precedent of Manila Mine

22 Jul 2015 @ 18:04
Manaila mine: fulfilment of conditions precedent Vast Resources plc, the AIM listed resource and development company, is pleased to announce that all the conditions precedent under the sale and purchase agreement for the acquisition of a 50.1 per cent. interest in Sinarom Mining Group srl, the owner of the 1.8Mt polymetallic Manaila mine located in […]
 

Noricum Gold - positive results at Walchen in Austria

22 Jul 2015 @ 18:01
Positive Results from Mapping and Sampling, Walchen, Austria Noricum Gold Limited, the European focused base and precious metals exploration and development company, has provided an update on its exploration activities at the Company’s 100% owned Walchen VMS Deposit, located in an area of Austria proven to host copper, gold and silver mineralisation. In particular, the […]
 

North River Resources talk Namib Lead Zinc project

22 Jul 2015 @ 17:58
Namib Lead Zinc Mine Bankability Strengthened Significantly following completion of further Metallurgical Testwork North River Resources has announced that, following supplementary metallurgical testwork, confidence in the planned ore processing solution for the Namib Lead Zinc Project in Namibia has been improved significantly. Highlights: · A critical milestone as North River moves towards...
 
 
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