Commodities

Airborne Magnetics Identify Multiple Potential Strand Lines – Jangamo Project Savannah Resources (LSE: SAV) has received preliminary results from the recent airmagnetic survey completed at its highly prospective, 180km² Jangamo heavy mineral sands project, located in a world-class mineral sands province in southern Mozambique. Highlights: · Heliborne magnetic and radiometric survey...

Exploration Update – Soil Sampling Programme at Schonberg Project Noricum Gold Limited (LSE:NMG), anAustrian focused gold exploration and development company, hsa said it has discovered multiple coherent gold and copper in-soil anomalies have been delineated for follow up work through soil sampling at its wholly owned Schonberg Precious Metals Projects located in south-central Austria...

Operational Update and Conditional Placement of GBP 1.5 million in Ordinary Shares for Working Capital and Repayment of Darwin Convertible Loan Beacon Hill Resources (LSE:BHR) has entered into conditional subscription agreements to place up to 600,000,000 ordinary shares in the company at a price of 0.25 pence per Placing Share to raise approximately £1.5 million […]

Increase in Inferred Resource Estimate for the Kossanto Gold Project, Mali Alecto Minerals plc (LSE:ALO), the AIM quoted mineral exploration company focussed on West and East Africa, has announced a 28% increase in its independent Mineral Resource estimate for Gourbassi to 247,000 ounces of gold. This increase follows the recent completion of additional reverse circulation […]

It was less than a fortnight ago, June 11th to be exact, when Lamprell (LSE:LAM) watched the bottom drop out of his share price as investors showed their displeasure with the company’s remuneration report presented at its AGM. On that day, Lamprell’s share price dropped  22 pence (12.9%) to 149.00 just two days after reaching […]

Heads of term agreed with Geo Estratos, an established Mexican oil and gas services company Astar Minerals has said it has agreed heads of terms with Geo Estratos S.A. de C.V., an established oil services business in Mexico, to form a 51%/49% joint venture between Astar and Geo respectively to jointly evaluate, explore, develop, and […]

SOCIAL ENVIRONMENTAL IMPACT ASSESMENT COMPLETED AND FILED WITH ENVIRONMENTAL AGENCY FOR ARAGUAIA NICKEL PROJECT BRAZIL Horizonte Minerals Plc, (AIM:HZM) (TSX:HZM) the nickel development company focused in Brazil, announces that it has filed the Social Environmental Impact Assessment with the Pará State Environmental Agency in Brazil for its 100%-owned Araguaia Nickel Project located south of...

Goal is to commence commercial gold production before the end of 2015 Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has commenced drilling at the Mpokoto Gold Project in the Katanga Province in the south of the Democratic Republic of the Congo. The company also continues to advance Phase 2 […]

Whilst the general populace looks upon the current unrest and atrocities in Iraq, the financial markets are reacting, not with the horror of the general public, but with concern about the potential value of their investments. In no way do I mean to make this sound like the financial world has no heart. I am, […]

The share price of ExxonMobil (NYSE:XOM) hit a 52-week high in early trading this morning at 103.25. It is currently at 102.97 at 11:10 EDT, up 0.30% from Friday’s close. The share price low point for the 12-month period was 84.79, reached in October 2013. ExxonMobil may be a giant among giants, but its sheer […]