Global News

BP have said that 2013 had been its most successful year for new field exploration for almost a decade. During the year, BP has participated in 15 completed wildcat exploration wells which have resulted in seven potentially commercial discoveries, giving a new field exploration success rate of over 40%. Lamar McKay, chief executive of BP’s […]

DekelOil (LSE:DKL), the operator and 51% owner of an established vertically integrated palm oil project in Côte d’Ivoire, has accepted the conversion of four Capital Loan Notes totalling EUR570,000. The Loan Notes will convert into 43,913,713 new ordinary shares of €0.00003367 each in the Company (‘New Ordinary Shares’) at a conversion price of 1.1 pence […]

Noricum Gold (LSE:NMG), an Austrian focussed gold exploration and development company, has announced significant high grade gold and silver mineralisation has been returned from the remaining holes drilled during its 2013 underground drill programme. The campaign was focussed on the previously producing underground mine target within the Company’s 100% owned Rotgulden Gold and Precious Metals...

Black Mountain Resources (AIM:BMZ) the silver focused development company with interests in the US, has said that it has secured A$3 million strategic long term debt financing with Alcyone Resources Limited (ASX:AYN) which will be utilised towards funding the development of the New Departure and Conjecture Silver Projects. Company chairman Peter Landau said, “We are […]

DekelOil (LSE:DKL), operator and 51% owner of an established, vertically integrated palm oil project in Côte d’Ivoire, has issued an update on its operations including excellent progress towards final commissioning of its 60 t/hr Crude Palm Oilextraction mill by Modipalm Engineering SDN BHD, the leading Malaysian engineering company. The mill is on course to become […]

Regular readers should have figured out by now that Fastjet (LSE:FJET) is one of my favorite stocks to watch.  I’ve been watching the ADVFN message boards for the past several weeks and have enjoyed the banter over Fastjet.  Who would believe that a company whose share price is in the 3 pence range would create so […]

The wheels fell off of the International Personal Finance (LSE:IPF) bus today as its share price slammed into a wall, dropping 84.80 pence (15.7%) from 545.50 to 455.80.  In an apparent attempt to not spoil Christmas, IPF withheld an important announcement until the last half hour of the Christmas Eve trading day. It is now […]

IFG Group shares (LSE:IFP) have been making some upswings, followed by occasional downswings. Clearly, the bulls dominate the markets. They should have done so for the most part of the year. Now that they are doing it, it is with great determination, just like someone who was asked to say “yes.” But the person replied: […]

The London Exchange has already closed and the traders are making their way over the river and through the streets to Grandmother’s House.  (Grandmother’s House is a small pub near Piccadilly Circus.)  Soon they will be on their way home to ensure that the stockings are hung by the chimney because it’s already obvious that […]

Sable Mining Africa (LSE:SBLM), the AIM listed exploration company, had announced its results for the six month period ended 30 September 2013. OVERVIEW: – Focussed on the rapid development of the high grade, high margin, low capital expenditure 123.5km2 Nimba Iron Ore Project in Guinea – Nimba already the second largest undeveloped on- or near-rail […]