Commodities

Ferrex (LSE:FRX), an AIM quoted iron ore and manganese development company focused in Africa, has signed a binding Term Sheet with Anglo American plc and Kumba Iron Ore (Pty) Ltd , a leading supplier of iron ore and member of the Anglo American group, to advance its Mebaga DSO Iron Ore Project in Gabon, West […]

Europa Oil & Gas (LSE:EOG) have announced a detailed placing and open offer to raise approximately £4 million. The funds will be used to drill an additional well onshore UK in 2014; to advance the Company’s Irish Atlantic Margin licences where it partners with Kosmos Energy; and to participate in the next Irish Licensing Round. […]

Northcote (LSE:NCT), an onshore US oil and gas exploration and production company, has commenced work on the Moursand A-2 well, in the Little Drum Unit in Osage County, Oklahoma in which Northcote has an 51.75% working interest and 75.1% net revenue interest. This project will complete the targeted four well fracture stimulation programme planned for […]

Africa Oilfield Logistics (LSE:AOL), an AIM listed African focused support services and logistics company, has raised £4.5 million (approximately $7.3m) by way of a placing of 60,000,000 new ordinary shares in the Company at a price of 7.5 pence per Placing Share with existing and new institutional investors. The funds raised will be used to […]

Ferrex (LSE:FRX), an AIM quoted iron ore and manganese development company focused in Africa, has said that it has raised approximately £700,000 before costs by way of a placing of 36,114,427 new ordinary shares in the company at a price of 1.95 pence per Placing Share with institutional investors. Additionally, for every two Placing Shares, […]

North River has announced to investors a completed by Snowden Mining Industry Consultants, at its Namib Lead Zinc Silver project in Namibia. Highlights: · 129% increase in overall resource to 1,527,000 tonnes · Significant increase in fresh ore resource to 917,000 tonnes, and upgrade in classification category · Maiden tailings resource identified of 610,000 tonnes […]

Armadale (LSE:ACP), an AIM quoted investment company focused on natural resources projects in Africa, has that it has agreed to acquire a loan note of US$250,000 in Netcom Global,a wholly owned subsidiary of Armadale, by the issue of 84,921,361 new ordinary shares of 0.01 pence each in the capital of the company to the holder […]

Ferrex (LSE:FRX), the AIM quoted iron ore and manganese development company focused in Africa, HAS announced the final assay results from the 9 hole diamond drilling campaign recently completed at its 309 sq km Mebaga DSO Iron Ore Project in northern Gabon. Results are listed in Table 1. In a statement the company released the […]

Nyota Minerals (LSE:NYO), the gold exploration and development company in East Africa, has entered into a conditional agreement with (LSE:KEFI) Minerals, an AIM-quoted gold and copper exploration and development company with projects in the Kingdom of Saudi Arabia, for the sale of 75% of the issued share capital of Nyota Minerals (Ethiopia), the company’s subsidiary […]

Noricum Gold (LSE:NMG), the Austrian focused gold exploration and development company, has announced further significant high grade gold and silver mineralisation from its 2013 underground drill programme at the Company’s 100% owned Rotgulden Gold and Precious Metals Project (‘Rotgulden’). Highlights: · Significant gold (‘Au’), silver (‘Ag’) and copper (‘Cu’) results received from a further...