Commodities

But will they end up in a hole? Noricum Gold Limited, the Austrian focused gold exploration and development company, has announced that it has commenced drilling a second diamond drill hole, which is anticipated to reach a target depth of 200m at the Weissenbachgraben target, located at the 100% owned Schonberg Gold and Precious Metals […]

FINANCING UPDATE African Minerals Limited, the developer, operator and 75% owner of the Tonkolili Iron Ore Project in Sierra Leone, has updated investors on financing. Trading of the Company’s ordinary shares was suspended at 7:55a.m. this morning, pending a further announcement by the Company. As previously announced on 12 November 2014, the Company continues to […]

Increase in JORC Ore Reserve at Gedabek mine in Azerbaijan Anglo Asian Mining, the AIM listed gold, copper and silver producer, has announced a JORC compliant ore reserve statement for its Gedabek gold/copper/silver mine located in western Azerbaijan. This ore reserve statement is based on the latest mineral resource estimate announced in June 2014 following […]

U.S. President Barak Hussein Obama promised “hope and change” in 2008. It has become clear to most Americans that there is now no hope of stopping him from imposing his personal agenda of change on the entire country, whether it’s in the best interest of the country or not. The self-proclaimed student of the United […]

Lucky Belgium. BP announced today that it plans to invest over $200 million to upgrade its purified terephthalic acid (PTA) plants at Cooper River, South Carolina and Geel, Belgium. The investments will position these assets amongst the most efficient PTA manufacturing facilities in the world. “This allows us to apply our latest proprietary technology and […]

Low Cost Acquisition of the Advanced Kerboulé Gold Project in Burkina Faso Alecto Minerals plc (AIM:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has expanded its portfolio of gold projects in West Africa by entering into an agreement with Kaizen Discovery Inc. for the acquisition, by way of all share […]

Four o’clock in the afternoon is a favorite time of the day for the executives of U.S.-listed companies to make major announcements. And when they do, they can generate a flurry of activity from the trading floor to the front page. Technically, there has been no major announcement from either Halliburton (NYSE:HAL) or Baker Hughes […]

Looks like they might be doing so. Europa Oil & Gas (Holdings) plc, the AIM quoted oil and gas exploration and development company with a combination of producing and exploration assets in Europe, is holding its Annual General Meeting later today. At the meeting, Chairman Bill Adamson said: “The drilling of the Wressle well in […]

Acquisition of Lanstead Holding in Company Paragon Diamonds Limited, the AIM quoted diamond development company in Lesotho, Africa, has announced that it has agreed to purchase, conditional on shareholder approval, 63,000,000 ordinary shares in the Company, representing 18.9% of Paragon’s entire issued share capital, from Lanstead Capital L.P. at a price of 3p per share […]

AIM-listed Central Rand Gold Ltd. (LSE:CRND) shares reached a 52-week high of 45.29 this morning. That is an increase of 466%. At its current price of 24.08, as at 4:00 p.m. UTC, it is still up by more than 200%, taking its market cap from £17.67 million to more than £35 million. The significant upthrust immediately followed […]